S&P Upgrades Roblox to Investment Grade as Shares Fall 2.12% with $970M Ninth-Highest Turnover

Roblox (RBLX) closed August 13 with a 2.12% decline, trading at $135.50 as volume surged 30.81% to $970 million—the ninth-highest turnover on the day. This follows S&P Global Ratings upgrading the company to investment-grade status (BBB-), marking its first entry into the high-grade credit category. The move reflects S&P’s recognition of Roblox’s expanding user base, which surpassed 111.8 million daily active users in Q2 2025, and its 51% year-over-year growth in bookings to $1.4 billion. The rating agency highlighted the platform’s ability to convert engagement into revenue through premium subscriptions, immersive advertising, and in-game purchases while maintaining a debt load of less than $1 billion as of June 30.

The upgrade positions Roblox to access broader investor pools and potentially lower borrowing costs, though it remains in junk territory at Moody’s. Analysts note the company’s strategic focus on monetizing its expanding user demographic—particularly older players who spend more—has driven record 22 million concurrent users in July. Despite insider selling and mixed analyst ratings, Roblox’s diversified revenue streams and creator ecosystem investments have supported its $88.12 billion market capitalization. A recent partnership to launch a global merchandise program is expected to further enhance user engagement and top-line growth.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to 2025 achieved a 20.15% gain, demonstrating the potential of high-volume momentum strategies in capturing market dynamics over time.