Roblox: Don't Chase
- Roblox reported more weak Q1'22 numbers and provided weak estimates for April.
- The company continues to grow overall users and hours engaged, but the business faces tough comps in the key U.S. market.
- The stock bounced on weak numbers in a bullish sign, but Roblox has bounced too far to chase here.
- Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio. Learn More »