S&P Global Ratings upgraded Roblox Corporation's credit rating to investment grade, raising its issuer credit rating and unsecured debt rating to 'BBB-' from 'BB+'. This marks Roblox's first investment-grade rating, reflecting the company's strong user growth, improved financial stability, and positive outlook. The upgrade acknowledges Roblox's successful efforts to attract new players and increase revenue. Despite the rating improvement, Roblox's stock price declined over 5%, trading at $125.28, amid concerns related to platform abuse and an online backlash dubbed "Schlep Gate." Oppenheimer reiterated an "Outperform" rating on Roblox with a price target of $158, while warning of near-term risks tied to these issues.