Analysts Trim Ratings on Roblox After Weak Q2 Results; Platform Shift Slows Monetization
Roblox faced downgrades from BMO Capital Markets and Deutsche Bank following a second-quarter report and outlook that fell short of expectations. Analysts pointed to a platform transition that has reduced near-term monetization, booking shortfalls for the quarter, and guidance that signals the first year-over-year revenue decline in the company's h…