Roblox shares rose after reports of a possible unblocking of the platform in Russia
Access to the service was restricted due to "inappropriate content"
Roblox shares rose after news of a possible unblocking of the platform in Russia / Photo: Shutterstock.com/mitagalihs
The securities of the platform for video games and their development Roblox rose by 1.7% at the end of trading on June 9, and during the day they rose by 5.4%. Such growth quotes were able to show on a day when the "technological" index Nasdaq Composite, on the contrary, at the moment fell by almost 4%.
The reason for investors' demand for Roblox securities was the news that the Russian Ministry of Digital Economy and Internet regulator Roskomnadzor asked law enforcement agencies to support the lifting of the platform's blocking in that country, Bloomberg claims. Roblox has provided "guarantees of responsible behavior on the Russian market," the ministry said in a statement quoted by Reuters. Roblox will set an age limit for some games and take other measures to prevent the spread of malicious content, the agency reports.
Russia blocked Roblox in December 2025 for unacceptable content, which, according to authorities, could "negatively affect the spiritual and moral development of children," Bloomberg recalls.
Most of the purchases on the Roblox platform are made by players from the United States, Canada, Western Europe and Japan, so restrictions in Russia, the Middle East and Asian markets pose more of a reputational risk for the company than a financial one, Astero Falcon portfolio manager Alena Nikolaeva told Oninvest. She described legal and regulatory risks as much more significant: increased scrutiny by the authorities and lawsuits in the United States, which could force the company to raise security costs.
Despite the stock's rise on Tuesday, analyst sentiment toward Roblox has become less optimistic over the past three months. Now, 23 analysts recommend buying the company's securities, while 15 hold a neutral Hold rating (advice to hold), MarketWatch shows. But one quarter ago, there were 29 buy recommendations, while nine analysts held a neutral stance and one recommended selling the securities. The average target price is $63.1, implying a 46.8% upside potential for the securities relative to June 9 trading results.
This article was AI-translated and verified by a human editor
