Roblox Analyst Turns Bullish As 'Trends Appeared To Materially Pick-Up In March'
Roblox Analyst Turns Bullish As 'Trends Appeared To Materially Pick-Up In March'
Roblox Corp (NYSE:RBLX) has been ramping up its efforts to attract new advertisers to its platform.
Roblox Corp（紐約證券交易所代碼：RBLX）一直在加大吸引新廣告商加入其平台的力度。
The stock has been rangebound over the past couple of years, despite the company having addressed many of the investor concerns, according to JPMorgan.
摩根大通稱，儘管該公司已經解決了許多投資者擔憂的問題，但該股在過去幾年中一直處於區間波動。
The Roblox Analyst: Cory Carpenter upgraded the rating for Roblox from Neutral to Overweight, while raising the price target from $41 to $48.
Roblox分析師：科裏·卡彭特將Roblox的評級從中性上調至增持，同時將目標股價從41美元上調至48美元。
The Roblox Thesis: The company has generated over 20% bookings growth in each of the past four quarters and management is targeting 100 to 300 basis points (bps) of annual margin expansion over the next three to five years, Carpenter said in the upgrade note.
Roblox論點：卡彭特在升級報告中表示，該公司在過去四個季度中每個季度的預訂量均增長了20％以上，管理層的目標是在未來三到五年內實現100至300個點子（點子）的年利潤率增長。
Check out other analyst stock ratings.
查看其他分析師股票評級。
"Third-party data suggested RBLX was tracking below its bookings guide through February, but trends appeared to materially pick-up in March," the analyst wrote. He added that the company could report first-quarter bookings of $927 million, representing 20% year-on-year growth, and adjusted EBITDA of $75 million.
該分析師寫道：“第三方數據顯示，截至2月，RBLX的預訂量一直低於其預訂指南，但3月份的趨勢似乎出現了實質性回升。”他補充說，該公司可能報告第一季度預訂量爲9.27億美元，同比增長20％，調整後的息稅折舊攤銷前利潤爲7500萬美元。
"We do not anticipate any change to the 2024 Bookings guide of $4.14-4.28B (20% Y/Y) this early in the year and ahead of the seasonally important 2H," Carpenter further stated.
卡彭特進一步表示：“我們預計，在今年年初和具有重要季節性的下半年之前，2024年414-42.8億美元（同比增長20％）的預訂指南不會有任何變化。”
RBLX Price Action: Shares of Roblox were up 5.06% to $36.70 at the time of publication on Tuesday.
RBLX價格走勢：週二發佈時，Roblox的股價上漲了5.06％，至36.70美元。
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立即閱讀：4月份私營部門增長出人意料地放緩，創4個月來的最低增幅：“通貨膨脹的驅動因素已經改變”
Photo courtesy of Roblox.
照片由 Roblox 提供。
譯文內容由第三人軟體翻譯。