Jefferies 将 RBLX 下调至跑输大盘，目标价 38 美元，理由是美國用户增长疲软以及预订量预测偏低。
逐段跳播
我们来谈谈 Roblox 及其评级下调。这令人失望。目前股价下跌超过 8%。自年初以来，这只股票表现非常糟糕，无论是从年初至今的表现还是按年度来看都是如此。
Let's talk about Roblox and its downgrading. This is disappointing. Stocks are down by more than 8% at the moment. Since the beginning of the year, this stock has performed very poorly , whether we talk about year-to-date performance or on an annual basis.
Jefferies 对 Roblox 的评级进行了下调。如果你有孩子，你就知道这个平台。这个平台让他们可以在线玩游戏；它是一个综合性的平台。你可以创建不同的世界。有像“Rifles”这样的游戏以及其他游戏，而似乎玩这些游戏的孩子不够多。
Jefferies issues a downgrade to Roblox's rating. If you have children, you know this platform. This platform allows them to play games online ; it is a comprehensive platform. You can create different worlds.
There are games like "Rifles" and others, and it seems that not enough children play them.
Jefferies 还指出股票近期有所回升。她说，这假设预订量将比她预期的增长更快。
Jefferies also points to a recent recovery in stocks . She said that assumes bookings will grow faster than she expects.
他们将其评级从“持有”下调至“表现不佳”。起初，他们是在外部观望。他们坚持 38 美元的目标价，这低于我们当前的水平。
They have downgraded its rating from " retain" to "poor performance ". Initially, they were observing from the outside. They are holding firm on their target price of $38, which is lower than our current level.
我们现在下跌约 8%。这相当于较周五收盘水平下跌约 20%，实际上是约 18%。这位分析师说，美国日活用户的增长以及对其上升的预期，他认为这不会发生。
We are down approximately 8% now. This represents a drop of approximately 20% from Friday's closing levels, about 18 % in fact. The analyst says that the growth in daily users in the United States, and the expectations of its rise, does not believe that will happen.
他们指出，像“Ru-Gul”这样的爆款游戏曾带来提振，但孩子们最近不再谈论它了。“Still a Brain Root”，他们还在玩。
They point out that you got a boost of viral games like "Ru-Gul," but kids aren't talking about it lately . "Still a Brain Root," they still play it.
Jefferies 说，这些用户中有许多没有留下来。他们没有留下来。我儿子以前玩“Grow a Garden”，但他们现在不玩了。他们现在的大游戏是“Rifles”和“Steel a Brain Root”。
Jefferies says that many of these users did not continue. They did not do that. My son used to play " Grow a Garden", but they don't play it anymore . Their big game now is " Rifles" and "Steel a Brain Root".
但还有其他平台吸引着年轻人的注意力。Jefferies 预测 2027 财年的预订量增长仅为 5%，而市场预期为两位数增长，Nicole。
But there are other platforms that attract the attention of young people. Jefferies is forecasting booking growth of only 5% for fiscal year 2027, compared to market expectations of double-digit growth, Nicole .
这个频道对 $RBLX 的历次判断
Schwab Network 在这只股票上只有这一条判断。