RBLX is trading at $65.11, up 3.36% as technology stocks lead market gains and the company implements new safety measures to address regulatory concerns.
- The stock's recovery follows the February 17 launch of mandatory global age verification for chat, a move designed to mitigate regulatory pressures that contributed to a sharp decline in the previous session.
- Analyst sentiment remains positive following a Roth Capital upgrade to Buy with an $84 price target, supported by strong Q4 bookings of $2.22 billion and robust 2026 guidance of up to $8.5 billion.
- The gains reflect a combination of company-specific operational momentum and a broader rally in the tech sector, with the Nasdaq rising 0.83% during Wednesday's session.