RBLX is trading at +5.41% now at $76.04, driven by a positive market open and broader Nasdaq strength.
- Recent analyst updates include BTIG lowering its price target to $141 from $174 while maintaining a Buy rating, citing engagement trends ahead of upcoming earnings.
- The broader market is showing strength, with the Nasdaq up 0.45%, ahead of anticipation for the upcoming Fed statement and Big Tech earnings reports.