Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are Optimistic About Outlook
Are Roblox's Woes Temporary? Analysts Cut Forecasts But Are Optimistic About Outlook
Roblox Corp (NYSE:RBLX) shares recovered slightly in early trading on Friday, after tanking in the previous session on the company's weak outlook.
Roblox Corp（纽约证券交易所代码：RBLX）股价在周五早盘交易中小幅回升，此前该公司前景疲软。
The results came amid an exciting earnings season. Here are some key analyst takeaways.
业绩是在激动人心的财报季中公布的。以下是一些重要的分析师要点。
Goldman Sachs On Roblox
高盛在 Roblox 上
Analyst Eric Sheridan maintained a Neutral rating while slashing the price target from $48 to $38.
分析师埃里克·谢里丹维持中性评级，同时将目标股价从48美元下调至38美元。
Roblox indicated it witnessed a decline in engagement in the first quarter, across regions, age cohorts and platforms, while identifying the likely cause as "a need for fresher content and more personalized experiences (as opposed to any competitive dynamic or market saturation)," Sheridan said in a note.
谢里登在一份报告中说，Roblox表示，它目睹了第一季度各地区、年龄段和平台的参与度下降，同时认为可能的原因是 “需要更新鲜的内容和更具个性化的体验（而不是任何竞争动态或市场饱和度）”。
In the near term, investors were likely to focus on "the broader month-to-month user growth/engagement patterns" to determine whether the landscape exhibits consumer fatigue or competition, the analyst stated.
分析师表示，在短期内，投资者可能会关注 “更广泛的逐月用户增长/参与模式”，以确定这一格局是表现出消费者疲劳还是竞争。
"Looking long term, we still see Roblox as a well-positioned company in the gaming/interactive entertainment space as well as an emerging thematic player around the metaverse and creator economy themes," he further wrote.
他进一步写道：“从长远来看，我们仍然认为Roblox在游戏/互动娱乐领域是一家处于有利地位的公司，也是围绕元宇宙和创作者经济主题的新兴主题参与者。”
Check out other analyst stock ratings.
查看其他分析师股票评级。
Piper Sandler On Roblox
派珀·桑德勒在 Roblox 上
Analyst Thomas Champion reiterated an Overweight rating while cutting the price target from $56 to $40.
分析师托马斯·冠军重申了增持评级，同时将目标股价从56美元下调至40美元。
Roblox reported disappointing first-quarter results, with a sequential slowdown in growth of both bookings and DAUs (daily active users), Champion said. Management lowered its full-year bookings guidance from $4.14-$4.28 billion, representing around 20% year-on-year growth at the mid-point, to $4.0-$4.1 billion, reflecting 15% growth, he added.
Champion说，Roblox公布了令人失望的第一季度业绩，预订量和每日活跃用户数（每日活跃用户）的增长连续放缓。他补充说，管理层将其全年预订预期从41.4亿美元至42.8亿美元（中点同比增长约20％）下调至40亿至41亿美元，反映了15％的增长。
"We think the revision casts doubt on the ability of the company to expand Bookings at a 20% multi-year CAGR," the analyst wrote. He added, however that management still reiterated the EBITDA guide at $530-$600 million, "suggesting the profit and FCF outlook relatively unchanged."
该分析师写道：“我们认为，此次修订使人们怀疑该公司以20％的多年复合年增长率扩大预订的能力。”但是，他补充说，管理层仍重申息税折旧摊销前利润为5.3亿至6亿美元，“表明利润和FCF前景相对不变。”
Wedbush On Roblox
Roblox 上的 Wedbush
Analyst Nick McKay reaffirmed an Outperform Neutral rating while reducing the price target from $56 to $46.
分析师尼克·麦凯重申了跑赢大盘中性评级，同时将目标股价从56美元下调至46美元。
"At a high level, Q1 was bookended by a strong start and a strong finish," McKay wrote in a note. "The middle of the quarter was impacted by issues that began to surface in Q4," he added.
麦凯在一份报告中写道：“在较高的水平上，第一季度以良好的开局和强劲的收官为前提。”他补充说：“本季度中期受到第四季度开始浮出水面的问题的影响。”
While concerns around management credibility could exert pressure on the stock in the near term, if third-party data trackers and/or future quarterly results indicate that the company has turned the corner, "the stock could appreciate meaningfully," the analyst stated.
尽管对管理层信誉的担忧可能会在短期内给该股带来压力，但如果第三方数据跟踪器和/或未来的季度业绩表明该公司已经转危为安，“该股可能会大幅升值，” 该分析师表示。
RBLX Price Action: Shares of Roblox were up by 3.45% to $31.42 at the time of publication on Friday.
RBLX价格走势：周五发布时，Roblox的股价上涨了3.45％，至31.42美元。
Photo: Courtesy Roblox
照片：由 Roblox 提供
译文内容由第三方软件翻译。