Roblox stock drops as outage reports, insider sale and TD Cowen cut put engagement in focus
Roblox shares dropped 5.6% to $76.47 Tuesday after outage reports, insider selling, and a bearish broker note citing slowing user engagement. TD Cowen cut its price target to $70, warning of a sharper-than-expected December slowdown. Director Anthony P. Lee sold 59,000 shares last week. Roblox also launched new ad formats at CES 2026 while outages peaked overnight, according to Downdetector.