Roblox shares tumble after Q3 results and weaker Q4 bookings outlook
Roblox reported third‑quarter 2026 bookings of $1.70 billion, down 12% year‑over‑year, and revenue of $1.57 billion. Daily active users fell 9% to 138 million, and the number of paying users dropped 16%. The company forecast fourth‑quarter bookings of $1.89‑$2.00 billion, a 10%‑15% decline year‑over‑year, and an adjusted EBITDA loss of $10‑$70 million. The outlook sent the stock down about 18% to $42.99‑$43 and prompted analysts to cut price targets.
Why it matters
DA Davidson lowered its price target to $48 from $50, and other analysts trimmed targets, reflecting the weaker bookings guidance (DA Davidson note). The lower guidance suggests reduced near‑term revenue growth, pressuring investors holding the stock.
Key facts
- 1Q3 bookings were $1.70 billion, a 12% year‑over‑year decline. top1markets.com
- 2Q3 revenue was $1.57 billion. top1markets.com
- 3Daily active users fell 9% year‑over‑year to 138 million. finance.yahoo.com
- 4The number of paying users fell 16% year‑over‑year. top1markets.com
- 5Q4 bookings guidance is $1.89 billion to $2.00 billion, a 10%‑15% year‑over‑year decline. top1markets.com
- 6Q4 adjusted EBITDA is expected to be a loss of $10 million to $70 million. top1markets.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.