May 1, 2026
Roblox Stock Nosedives After Company Says It Expects To Make $1 Billion Less This Year
Roblox's stock price took a dramatic hit today, May 1, following the company's latest earnings report during which it said new user growth slowed due to the recently released age-check changes . The company also massively decreased its upcoming revenue projections. Although Roblox's average daily active users jumped by nearly 34 million compared to the same period last year and total hours engaged surged by 43% year-...
Roblox's stock price took a dramatic hit today, May 1, following the company's latest earnings report during which it said new user growth slowed due to the recently released age-check changes . The company also massively decreased its upcoming revenue projections. Although Roblox's average daily active users jumped by nearly 34 million compared to the same period last year and total hours engaged surged by 43% year-over-year, "bookings growth decelerated" compared to 2025. Additionally, Roblox was banned in Russia in December 2025, and that had an impact, the company said. What's more, management said Roblox's growth was tempered by "greater-than-expected headwinds" related to the new age-check system. New user acquisition was slowed, too. All of this, combined with a revised download revenue projection for the year of about $1 billion, apparently spooked investors, with Roblox's stock sliding by more 18% today, bringing the company's shares down to around $46. This is down from a 52-week high of about $150. Continue Reading at GameSpot
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