Roblox Cuts 2026 Outlook After Safety Push Even as Q1 Tops Forecasts

Overview

• Investors focused on reduced guidance as Roblox set adjusted revenue targets of $7.33 billion to $7.6 billion for 2026 and $1.55 billion to $1.61 billion for the second quarter, and shares recently traded near $42.58, according to Benzinga.
• Roblox beat first-quarter expectations with $1.4 billion in revenue, $1.7 billion in bookings, and $596 million in free cash flow.
• Platform usage stayed strong with 132 million daily active users and 31 billion hours of engagement, led by fast growth among users ages 18 to 34.
• Management now guides full-year bookings growth to 8% to 12% after global age verification and chat restrictions slowed sign-ups and reduced platform vitality.
• Piper Sandler cut the stock to Neutral with a target lowered to $50 and said a few quarters may be needed to reaccelerate, while Roth Capital, B. Riley, and Canaccord trimmed targets but kept Buy ratings.