Roblox price target lowered to $80 from $100 at B. Riley

B. Riley lowered the firm’s price target on Roblox (RBLX) to $80 from $100 and keeps a Buy rating on the shares. Roblox reported Q1 results with weaker guidance and a significant bookings downgrade driven by DAU declines following age verification rollout friction, leading to sharp share underperformance and heightened near-term volatility despite long-term engagement and platform fundamentals remaining intact, the analyst tells investors in a research note.