Roblox Corp‘s (NYSE:RBLX) stock is taking hits — but its community isn’t logging off.
Shares of Roblox remain bruised, down more than 50% over six months and trading near the lower end of their range at around $61, far from the $150 high.
Yet the user data is telling a far steadier story than the share price, according to Wedbush analyst Alicia Reese.
• Roblox stock is under selling pressure. Why is RBLX stock trading lower?
Roblox CCU Growth Steadies
For the week ending Feb. 1, Roblox’s average weekly concurrent users (CCUs) rose 66% year over year, up from 59% the prior week. After weeks of cooling, that uptick suggests real-time engagement is not collapsing — it’s stabilizing.
CCUs matter because they capture how many players are on the platform simultaneously. If users were leaving in droves, this metric would be rolling over. Instead, it firmed up.
Roblox DAUs Stop Sliding
Even more important for the bull case: average weekly daily active users (DAUs) held at +23% YoY, the same as the prior week after nine weeks of deceleration from roughly 29% growth in January.
Stabilization isn’t flashy — but for a beaten-down stock, it can be powerful. It suggests the worst of the slowdown may already be priced in.
Why Wedbush Still Likes RBLX
Wedbush maintains an Outperform rating with a $110 price target, nearly double today’s level. Reese’s argument is simple: Roblox isn’t losing its audience; it’s cycling through tough comparisons. If engagement holds, monetization can follow.
Bears will say the sell-off reflects structural risk. Bulls counter that sticky users are what actually drive long-term value — and that’s still intact.
What This Means For Investors
Right now, Roblox looks like a company with a damaged stock chart but a resilient platform. Wall Street is punishing the shares; players are not abandoning the world.
If engagement continues to stabilize, today’s crash could look less like a warning and more like an entry point.
Photo: Primakov via Shutterstock
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