Wedbush lowers Roblox estimates due to user growth pressure
Roblox Corp is facing near-term pressure on user growth expectations.
The company’s fiscal 2026 daily active user estimate was lowered to 129.3 million from 135 million.
Wedbush maintained an ‘Outperform’ rating and a $65 price target, above current levels of $48.
The revised bookings estimate is $7.40 billion, down from $7.50 billion, and adjusted EBITDA estimates are $1.51 billion, down from $1.54 billion.