Roblox (RBLX) data tracked lower following the platform's age-verification requirements, leading to lower estimates, Wedbush said in a Friday note. The Q2 results are due July 30.

"We are trimming our FY26 estimates to reflect friction from the

age-verification gate that our data shows is still weighing on access to the platform," the report said.

Wedbush analysts lowered 2026 forecasts for daily active users, bookings and adjusted EBITDA, putting bookings in the lower half of its guidance and EBITDA near the low end of its range.

"The cut is driven entirely by our DAU revision, which points to Q2 results below current consensus," the note said.

Still, Wedbush maintained its outperform rating and a $65 price target, as the revision is primarily near-term.

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