RBLX is trading at $75.85, up 3.27% in early Tuesday trading, extending a rally fueled by a blockbuster Q4 earnings report and a recent upgrade from Roth Capital.

  • Roth Capital upgraded the stock to Buy, citing 50% annual growth in the 18-and-over demographic, which monetizes 40% higher than younger users.
  • The company reported Q4 bookings of $2.22 billion, crushing estimates of $2.05 billion, while ARK Invest signaled institutional confidence by acquiring 145,603 shares.