【US Stock Alert】Roblox plunged on September 28: Downgraded ratings, booking forecast cut, and slowing user growth

Roblox September 28: Major Decline Analysis

Keywords: Rating downgrade, bookings revision, slowing user growth

1. On September 28, 2026, Jefferies downgraded Roblox’s rating from “Hold” to “Underperform” and maintained a target price of $38, believing that the approximately 30% post-Q2 earnings share price increase already reflects overly optimistic future bookings growth expectations. 2. On September 28, 2026, Jefferies anticipated that user and bookings recovery cycles in the US and Canada would be longer and costlier, lowering booking and EBITDA estimates for fiscal year 2027 by 6% and 21% respectively, and pointed out that user attrition from blockbuster games and new recommendation algorithms may limit short-term user growth.

(Disclaimer: This content is summarized from publicly available information by AI technology and is for reference only; it does not constitute investment advice.)