Wedbush has lowered its fiscal 2026 estimates for Roblox, citing friction from age-verification measures that are limiting user access and growth. The daily active user (DAU) forecast was cut from 135 million to 129.3 million, with bookings and adjusted EBITDA also revised downward but still within Roblox's guidance range. Despite these near-term challenges, Wedbush maintained an 'Outperform' rating and a $65 price target, expecting the user friction to continue through the year but with limited impact on revenue due to shifts toward higher-yielding users. Roblox is set to report its second-quarter earnings on July 30, with Wedbush monitoring user engagement, monetization trends, and regional regulatory impacts.
A securities fraud class action lawsuit has been filed against Roblox Corporation by shareholders who bought stock between October 31, 2024, and April 30, 2026. The lawsuit claims Roblox made false and misleading statements about its business and fin...
Roblox posted a 39% revenue increase to $1.44 billion in Q1, alongside 43% growth in bookings and 71% growth in adjusted EBITDA, highlighting its accelerating scale and user engagement. The company is leveraging artificial intelligence across its pla...
