Roblox is home to tens of millions of daily users and user-generated experiences, casting a clear shadow on Meta’s own social VR platform, Horizon Worlds.

Roblox Earnings: Strong Metrics Drive Bookings Growth; Operating Leverage Improvement on the Horizon Maintaining $65 fair value estimate on Roblox stock; shares undervalued.

Roblox posted a mixed first quarter with strong revenue growth but expanding operating losses. Underlying metrics remained strong with improvement across the board—global daily active users, or ...