Dropbox Has Finally Dropped Low Enough [Seeking Alpha]
Dropbox, Inc. - Class A (DBX)
Company Research
Source: Seeking Alpha
| Dropbox Has Finally Dropped Low Enough Dec. 17, 2019 10:26 AM ET About: Dropbox, Inc. (DBX) by: James Langford Research analyst, long/short equity, growth at reasonable price, tech Summary Dropbox hit a new all-time low on 12/13/19 since going public on 3/23/18. Street expectations have likely finally bottomed. If Q4'19 and guidance for 2020 display sufficient revenue stabilization, price/sales multiple likely to expand given it has compressed well below peers. New product initiatives have further entrenched customers on the platform - leading to higher retention and conversion rates of non-paying customers to paid plans. Attractive market expansion creating a large enough greenfield opportunity for multiple players. Dropbox just needs to convert ~$23.17 per share, a ~38% gain. Dropbox (NASDAQ: History as a Public Company Investors have been concerned with Dropbox's declining rate of revenue growth. The revenue growth rate has decelerated to ~19% for 2019E, a continued decline from
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- Dropbox Inc (DBX) Q3 2024 Earnings Call Highlights: Navigating Growth and Strategic Shifts [Yahoo! Finance]Yahoo! Finance
- Dropbox Announces Fiscal 2024 Third Quarter ResultsBusiness Wire
- Dropbox to Announce Third Quarter 2024 Earnings ResultsBusiness Wire
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- 11/7/24 - Beat
DBX
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- 11/8/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- DBX's page on the SEC website