Out Fox The $treet

  Roblox has rallied too far off the lows having doubled in only months. The company still hasn't turned around the monthly metrics with the last bookings level down nearly 10%. The stock is far too expensive back trading at near 10x forward sales targets. After a big rally since the mid-June low, Roblox ( NYSE: RBLX ) has clearly run too far for the current market realities. The stock needs a pause to refresh. My  investment thesis  remains bullish over the long  term, but the current stock view is much more Neutral with the gaming platform still struggling to top tough comps while the stock recently doubled from the lows. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - Nov. 9 Roblox falling 21% today is the exact pause SFC was looking for.  The chart looks ugly here, so one should wait for to make sure the prior lows hold.  Update - Oct. 17  As predic...

Roblox reported another month of weak monthly metrics, but DAUs rose 17% YoY. The company continues to face declining bookings with May numbers down up to 24%, though slightly better than April. The stock appears washed out after rallying twice on weak corporate news. This idea was discussed in more depth with members of my private investing community, Out Fox The Street.  Learn More »   In no huge surprise,  Roblox  ( NYSE: RBLX ) reported  May monthly metrics  and the numbers didn't impress one bit. As gamers turn to travel and leisure events, the market has known for a while now that  numbers over the Summer will likely be weak. My  investment thesis  is turning more Bullish on the stock with the solid bounce on more weak monthly bookings totals. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - June 23 The stock was indeed washed out last we...

  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 » After warning people a few months ago that the struggles at  Roblox  ( NYSE: RBLX ) would persist, the stock likely reached a capitulation point last week. The online gaming and metaverse company continues to face tough  comps from the huge covid pull forwards last year. My  investment thesis  is more bullish on the stock, though the large snap back rally last week should be faded. Read the full article on Seeking Alpha.  Disclosure: No position. Please read the disclaimer page for more details.  Update - ...

Roblox reported more weak monthly metrics in February, with bookings down up to 4%. The gaming company continues to face tough comps in the key US & Canada market. The stock is more reasonably priced at ~5x '23 EV/S targets, but the business will struggle into the 2H'23. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.   Learn More »   Roblox  ( NYSE: RBLX ) continues to be hit by tough comps due to the Covid pull forward of the prior couple of years. The company released 2022 numbers suggesting key domestic users are still not returning to prior peak spending and usage levels. My  investment thesis  is now more Neutral on the stock, but the weak metrics will persist for months ahead. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - March 28 Gotta love these bullish analyst calls with a ...

  Meta Platforms '22 EPS estimate has seen major cuts by analysts. The company forecast the Reality Labs division to see meaningful losses beyond the $10 billion loss in 2021. The stock trades closer to 20x reasonable '22 EPS targets, making Meta still expensive for the lack of EPS growth. Looking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.  Learn More » Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Another top trending article on Seeking Alpha.