DocuSign trades around $228 at time of publication, off the 52-week low of $65. Dropbox trades around $23.60, off the 52-week low of $15. Sixty-two percent of investors told us DocuSign will grow more by 2022, while 38% said Dropbox will gain more over the next year.
Full Answer
Who owns dbx stock?
DBX stock was acquired by a variety of institutional investors in the last quarter, including Carret Asset Management LLC. View insider buying and selling activity for Dropbox or or view top insider-buying stocks. How do I buy shares of Dropbox? Shares of DBX can be purchased through any online brokerage account.
What is the upside for Dropbox's stock?
Their forecasts range from $19.00 to $35.00. On average, they expect Dropbox's share price to reach $29.2857 in the next year. This suggests a possible upside of 46.0% from the stock's current price. View Analyst Price Targets for Dropbox.
Should you hold Dropbox (dbx) stock?
The consensus among Wall Street analysts is that investors should "hold" Dropbox stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBX, but not buy additional shares or sell existing shares. View analyst ratings for Dropbox or view top-rated stocks.
How much is a Dropbox stock worth?
One share of DBX stock can currently be purchased for approximately $22.81. How much money does Dropbox make? Dropbox has a market capitalization of $8.96 billion and generates $1.91 billion in revenue each year. The company earns $-256.30 million in net income (profit) each year or ($0.31) on an earnings per share basis.
Is Dropbox stock a buy?
The trends taking shape among Dropbox's current user base look promising as well. Average revenue per user increased 4.1% in 2021, while churn improved each quarter throughout the year. To add to Dropbox's top-line strength, the company was also able to increase its profit margins thanks to several cost improvements.
Why is Dropbox stock dropping?
Key Points. Dropbox stock dropped 19.3% in November after Q3 earnings results. The results looked strong, so the sell-off probably came from broad market pressure on tech stocks. The stock now trades at a price-to-free cash flow ratio of 12.5.
Is Dropbox stock undervalued?
Enterprise Value is likely to drop to about 11.4 B in 2022. Dropbox shows a prevailing Real Value of $28.99 per share. The current price of the firm is $22.69. At this time, the firm appears to be undervalued....Software-Infrastructure.LowEstimated ValueHigh19.7622.7025.64
Is Dropbox a takeover candidate?
Dropbox, New Relic, Coupa Software seen as potential takeover candidates - analyst. Dropbox (NASDAQ:DBX), New Relic (NYSE:NEWR), Coupa Software (NASDAQ:COUP) are potential acquisition candidates for strategic and private equity firms, according to a RBC analyst.
Does Dropbox make a profit?
The results were better than hoped for, with Wall Street analysts looking for earnings of 37 cents per share on revenue of $557.7 million. For its full fiscal 2021 year, Dropbox reported a net income of $335.8 million on revenue of $2.16 billion.
Who owns Dropbox?
Drew HoustonDrew Houston is the CEO of Dropbox, a file storage and sharing service that has more than 500 million users. Houston cofounded the company in 2007, when he was 24, with MIT classmate Arash Ferdowsi. The cloud storage provider went public in March 2018, with shares jumping more than 35% on its first day.
Why use Dropbox?
The biggest benefit of Dropbox is having access to your files anywhere. If you install the Dropbox app on your iOS or Android device, you can access and work on files from your phone or tablet and share them with others.
What industry is Dropbox in?
DropboxTypePublic companyIndustryCloud storage File hostingFoundedMay 2007FoundersDrew Houston Arash FerdowsiHeadquartersSan Francisco, California, U.S.10 more rows
Is Dropbox profitable 2019?
Dropbox's Slow Climb to Profitability Per Figure 8, Dropbox has grown revenue by 25% compounded annually since 2016. While core earnings[1] fell from -$58 million in 2018 to -$67 million in 2019, they rose to $17 million over the TTM.
What is Dropbox valuation?
Dropbox, as of this writing, has a market cap of $8.8 billion. In 2022, management is guiding for $760 million to $790 million of free cash flow.
Is Dropbox a IPO?
Today Dropbox, the popular cloud storage and productivity company, saw its shares' value fall under their IPO value. The company went public at $21 per share and opened at $29.