RBLX is trading at $68.70 (+3.4%) in pre-market, extending gains after Roth/MKM upgraded the stock to Buy citing strong 2026 bookings guidance.
- The firm set an $84 price target and highlighted a projected CAGR of over 20% following a Q4 bookings beat of $2.22B (+63% YoY).
- Momentum is being driven by shifting demographics as older users now account for the majority of engagement, alongside improved margin leverage.