Roblox and Disney Stocks Drop From Highs, But Strong Core Businesses Positioned for Metaverse and Reopening Rebound
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Roblox's stock price is down 67% from its peak despite strong business momentum and potential in the metaverse space. The timing of its IPO and reopening trends hurt its valuation.
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Roblox platform engagement is growing, with records for daily active users, engagement hours, and bookings from paying users in Q4 2022.
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Over the long-term, more activity will likely shift to digital platforms like Roblox's, presenting opportunities in areas like advertising and AI.
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Disney stock is down 46% from its highs but recovery is underway, with revenue up to $89B in 2023 from $56B in 2016. Operating profit fell due to the pandemic but is rebounding.
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Disney offers strong value with its parks, hotels, and cruises consistently attracting crowds. Profitability is recovering back to pre-pandemic levels.