Roblox falls 16.6% as updated bookings outlook disappoints and analysts cut targets

Roblox (RBLX) is down 16.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to Roblox’s updated 2026 outlook, with investors focusing on slower expected bookings growth and softer near-term bookings guidance after the company highlighted safety-related platform changes. The decline may have been amplified by multiple analyst price-target cuts and rating changes that followed the updated forecast.

Details:

Roblox issued quarterly results alongside updated guidance for second-quarter 2026 and full-year 2026, which reset expectations for bookings growth.

Management commentary pointed to safety and trust initiatives (including communication-related changes) as potential headwinds to user growth and monetization for upcoming quarters.

Several Wall Street firms reduced price targets and/or shifted to more neutral stances soon after the guidance update, adding pressure to sentiment.

This could also reflect positioning after a sharp post-earnings reaction, with investors prioritizing visibility on bookings and engagement trends over longer-term platform investments.

Sources:

Roblox Investor Relations, SEC, StreetInsider, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$RBLX Insider Trading Activity

$RBLX insiders have traded $RBLX stock on the open market 109 times in the past 6 months. Of those trades, 0 have been purchases and 109 have been sales.

Here’s a breakdown of recent trading of $RBLX stock by insiders over the last 6 months:

DAVID BASZUCKI (President & CEO) has made 0 purchases and 25 sales selling 483,541 shares for an estimated $38,568,061.
ANTHONY P LEE has made 0 purchases and 24 sales selling 139,000 shares for an estimated $13,553,918.
MARK REINSTRA (Chief Legal Off. & Corp. Sec.) has made 0 purchases and 14 sales selling 149,342 shares for an estimated $10,319,045.
ARVIND CHAKRAVARTHY (Chief People & Systems Officer) has made 0 purchases and 12 sales selling 138,220 shares for an estimated $9,950,586.
MATTHEW D KAUFMAN (Chief Safety Officer) has made 0 purchases and 15 sales selling 91,453 shares for an estimated $7,184,151.
NAVEEN K. CHOPRA (Chief Financial Officer) has made 0 purchases and 8 sales selling 32,138 shares for an estimated $2,633,136.
GREGORY BASZUCKI has made 0 purchases and 4 sales selling 16,666 shares for an estimated $965,840.
AMY MARIE RAWLINGS (Chief Accounting Officer) has made 0 purchases and 7 sales selling 5,593 shares for an estimated $433,320.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$RBLX Hedge Fund Activity

We have seen 437 institutional investors add shares of $RBLX stock to their portfolio, and 581 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 6,925,009 shares (-73.9%) from their portfolio in Q4 2025, for an estimated $561,133,479
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP removed 4,878,554 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $395,309,230
TWO SIGMA ADVISERS, LP added 3,612,341 shares (+124.8%) to their portfolio in Q4 2025, for an estimated $292,707,991
SRS INVESTMENT MANAGEMENT, LLC added 2,937,990 shares (+inf%) to their portfolio in Q4 2025, for an estimated $238,065,329
NUVEEN, LLC removed 2,897,241 shares (-58.3%) from their portfolio in Q1 2026, for an estimated $163,867,950
QUBE RESEARCH & TECHNOLOGIES LTD added 2,651,920 shares (+149.0%) to their portfolio in Q4 2025, for an estimated $214,885,077
DURABLE CAPITAL PARTNERS LP removed 2,367,252 shares (-67.1%) from their portfolio in Q4 2025, for an estimated $191,818,429

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$RBLX Congressional Stock Trading

Members of Congress have traded $RBLX stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $RBLX stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 3 times. They made 2 purchases worth up to $30,000 on 11/18, 11/07 and 1 sale worth up to $15,000 on 12/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

$RBLX Analyst Ratings

Wall Street analysts have issued reports on $RBLX in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Needham issued a "Buy" rating on 05/01/2026
Roth Capital issued a "Buy" rating on 02/09/2026
Wedbush issued a "Outperform" rating on 01/30/2026
Macquarie issued a "Outperform" rating on 11/04/2025

To track analyst ratings and price targets for $RBLX, check out Quiver Quantitative's $RBLX forecast page.

$RBLX Price Targets

Multiple analysts have issued price targets for $RBLX recently. We have seen 19 analysts offer price targets for $RBLX in the last 6 months, with a median target of $100.0.

Here are some recent targets:

Bernie McTernan from Needham set a target price of $60.0 on 05/01/2026
Alicia Reese from Wedbush set a target price of $65.0 on 05/01/2026
Ross Sandler from Barclays set a target price of $60.0 on 05/01/2026
Eric Sheridan from Goldman Sachs set a target price of $125.0 on 04/22/2026
Clark Lampen from BTIG set a target price of $122.0 on 04/13/2026
Ken Gawrelski from Wells Fargo set a target price of $78.0 on 04/06/2026
Jason Bazinet from Citigroup set a target price of $90.0 on 03/30/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.