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Roblox lowers 2026 bookings forecast, prompting shareholder investigation for possible securities violations

Market News
07 May 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Roblox initially projected $8.5 billion in bookings for fiscal year 2026 but later revised this down to between $7.3 billion and $7.6 billion, reflecting a growth rate cut from 22-26% to 8-12%. This significant reduction led to a sharp decline in Roblox's stock price and has triggered an investigation by Levi & Korsinsky into potential securities law violations related to the company's public guidance. Investors who suffered losses from these changes are encouraged to submit their information for possible legal action. The investigation focuses on whether Roblox's initial optimistic guidance was materially misleading to shareholders.

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