Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Roblox. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

JasonDoiy I have previously covered Roblox stock with a Buy thesis, back in February this year - see here. Since the article has been published, RBLX shares are down about 30%, while the S&P 500 has appreciated 5%. Roblox Reports Solid Q1 Results RBLX announced its results for the first quarter of 2024 and reported an overall solid performance, with both bookings and profitability approximately in line with consensus estimates: During the period from January to end of March, the San Mateo based gaming/ soci ...

Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions an ...

Can profit margins expand fast enough to support this growth stock's lofty valuation? Investors looking for bargains might want to turn their attention to Roblox (RBLX 2.26%). Shares of the company behind the user-centric gaming platform fell by about 20% after management relayed some news that disappointed most Wall Street analysts. Bucking the trend, BMO Capital's Brian Pitz expects strong profit growth in the quarters ahead, despite a lowered outlook for quarterly bookings for the rest of 2024. Pitz rece ...

Roblox's biggest problem isn't with credibility, but with valuation. Roblox (RBLX -1.56%) reported Q1 earnings last week, and the news was... disappointing. After beating expectations for both sales and earnings, the online gaming platform proceeded to warn that future growth in sales and "bookings" (essentially, sales of Robux virtual currency to users) won't be as fast as many investors hoped. That's not the kind of news that growth investors like to hear, and Roblox stock sold off hard after earnings -- ...

文章核心观点 - Roblox公司的股价在今年下跌超过30%[1] - 这主要是因为公司虽然提高了全年收入指引,但下调了全年订阅收入(bookings)预测[3][4] - 订阅收入是更能反映用户当前在平台上的消费水平,而收入的确认需要一定时间[6][7][8][9][10] - 订阅收入下调意味着用户当前的消费正在放缓,这引发了股价大跌[11][12] - 此外,公司的股票期权支付开支高企,占收入的30%,也是一大负面因素[14][15][16] - 公司还需要大量投入用于平台安全和信任建设,这也影响了其盈利能力[17][18] 公司经营情况 - 收入指引提高,但订阅收入预测下调[3][4] - 第一季度订阅收入在公司指引范围内[5] - 公司收入确认机制使订阅收入更能反映用户消费水平[6][7][8][9] - 订阅收入下调意味着用户消费放缓,引发股价大跌[10][11][12] 公司财务状况 - 公司股票期权支付开支高企,占收入30%,影响盈利能力[14][15][16] - 公司需大量投入用于平台安全和信任建设,也影响盈利[17][18] - 综合来看,公司短期内难以实现盈利[16] 投资评级 - 目前不建议买入Roblox股票[19][20] - 公司虽有广告和电商等新机会,但高昂的股权激励和安全投入仍是短期内的主要挑战[19][20]

This stock plunged after disappointing guidance, but don't ignore its long-term potential.Metaverse gaming platform Roblox (RBLX -22.06%) posted generally strong first-quarter numbers, with bookings up by 19% year over year and a narrower-than-expected net loss. The company produced its highest free cash flow in a single quarter ever.Roblox's user base continues to grow, with 77.7 million daily active users (DAUs) at the end of the first quarter -- up by more than 6 million since the end of 2023. Currently, ...

文章核心观点 - 公司的第二季度指引低于预期,导致股价下跌超过20% [1] - 公司正在努力通过调整算法、推出平台活动等措施来提升用户增长率 [2] - 公司表示将保持谨慎和负责任的态度,这就是为什么调低全年营收指引 [3] 公司业绩表现 - 公司第一季度营收超过去年全年,产生了创纪录的自由现金流 [5][9][10] - 公司各项关键指标如月活跃用户、人均付费、参与时长等均实现增长,但增幅低于华尔街预期 [6][7] - 公司表示正在优化短期业绩指标,同时关注平台长期健康发展 [8] 公司未来发展策略 - 公司计划在今年内建立广告平台基础设施,并在2025年开始预测广告收入 [11][14][15] - 公司正在利用自身海量数据,加强人工智能能力建设 [16][17] - 公司认为自身处于元宇宙、创作者经济和人工智能的交汇点上 [16]

| --- | --- | --- | |-------|-------|-------| | | | | | | | | | | | | | | | | | | | | Forward-Looking Statements 2 Q1 2024 Results Review This presentation and the live webcast and Q&A session which will be held at 5:30 a.m. Pacific Time/8:30 a.m. Eastern Time on Thursday, May 9, 2024 contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our vision to connect one bill ...

财务数据和关键指标变化 - 2024年第一季度营收(bookings)为9.1亿美元至9.4亿美元,同比增长19.4% [9] - 2024年第一季度净亏损272百万美元,相比去年同期基本持平 [10] - 2024年第一季度经营活动现金流为2.38亿美元,同比增长37% [10] - 2024年第一季度自由现金流为1.91亿美元,同比增长133% [10] 各条业务线数据和关键指标变化 - 日活跃用户(DAU)超过7700万,同比增长17% [8] - 13岁以上DAU同比增长22% [8] - 日本市场DAU同比增长50%,印度市场DAU同比增长58% [8] 各个市场数据和关键指标变化 - 美国和加拿大市场最近3周的DAU、小时数和营收增长均超过20% [15][16] 公司战略和发展方向及行业竞争 - 公司继续致力于连接全球10亿人,并提升平台的性能和安全性 [7][28] - 公司正在加强内容发现和分发,优化搜索算法,推出更多主题活动 [17][18][19][20] - 公司正在完善虚拟经济,推出动态价格下限等措施 [21][22] - 公司正在加强广告业务,与PubMatic合作,与沃尔玛进行实体商品销售测试 [25][26] - 公司正在利用自身的数据优势,开发AI辅助创作和内容审核等工具 [27] 管理层对经营环境和未来前景的评论 - 2024年全年营收指引下调约4%,主要由于2023年第四季度的强劲表现难以持续 [16] - 但公司的现金流和利润率指引保持不变,体现了公司的运营效率 [31][32][33][34] - 公司相信未来3-5年仍有20%左右的增长潜力 [49][50] 问答环节重要的提问和回答 问题1 **Bernie McTernan 提问** 是否看到内容创作和发布的速度和质量有变化 [38] **David Baszucki 回答** 公司正在优化内容分发,使新内容获得更多曝光,第一季度新内容进入前20的速度有所提升 [39] 公司计划每1-2个月举办一次主题活动,以突出平台内容的丰富性 [39] 问题2 **Omar Dessouky 提问** 公司此前提到2025-2027年有20%左右的增长潜力,是否仍然如此 [48][49] **Mike Guthrie 回答** 公司仍然相信未来3-5年有20%左右的增长潜力,广告业务将在2026-2027年逐步成为增长动力 [50][51][52] 问题3 **Cory Carpenter 提问** 第一季度用户参与度下滑的原因,以及第二季度营收指引下调的原因 [59][63] **David Baszucki 和 Mike Guthrie 回答** 第一季度用户参与度下滑主要是由于一些新功能在低端Android设备上的性能问题 [60][61][62] 第二季度营收指引下调是出于谨慎,因为最近3周的改善情况还需要更长时间验证 [63][64]