Roblox Stock Surges 10% on Analyst Upgrade and Strong Growth Outlook
Roblox shares jumped 10% to $73.45 after Roth MKM analyst Eric Handler upgraded the stock to Buy, raising his price target to $84. The upgrade reflects confidence in the platform's growth trajectory, driven by stronger-than-expected 2026 bookings guidance and an annual growth forecast exceeding 20%.
The platform's 18-plus user base, which grew 50% last year, now generates 40% more revenue per user than younger demographics. A new viral game, 'Survive LAVA for Brainrots!,' amassed 60 million visits in just 10 days, outpacing previous hits.
Wall Street maintains a Moderate Buy rating on Roblox, with an average price target of $110.87—implying 51% upside potential. The stock has gained 11% since its February 5 earnings report, though it remains below January levels.
