Roblox shares climbed after Mattel announced new Roblox games featuring major brands, starting with Monster High.

Roblox is an outdated platform unlikely to attract future generations. Click here to find out why I rate RBLX stock a Sell.

Roblox Corporation (NYSE:RBLX) shares are trading higher on Tuesday after multiple analysts raised their price targets on the stock, with Raymond James boosting its target to $165 from $155.