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Why Dropbox (DBX) Outpaced the Stock Market Today
ZACKS· 2025-01-10 00:20
Dropbox (DBX) closed the latest trading day at $29.74, indicating a +0.54% change from the previous session's end. This move outpaced the S&P 500's daily gain of 0.16%. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, lost 0.06%.Coming into today, shares of the online file-sharing company had lost 1% in the past month. In that same time, the Computer and Technology sector lost 0.39%, while the S&P 500 lost 2.7%.Investors will be eagerly watching for the performance of Dropbox in its upco ...
Uncover These 5 Undervalued Tech Giants Before They Skyrocket in 2025
ZACKS· 2024-12-20 15:11
The technology sector continued its winning streak in 2024, driving exceptional stock market performance. The Nasdaq Composite Index, with more than 50% weightage in technology stocks, outpaced the broader S&P 500 and Dow Jones Industrial Average indexes year to date.While the S&P 500 has risen nearly 23% and the Dow Jones Industrial Average 12.3%, the Nasdaq has surged more than 29.1% so far in 2024, showcasing the dominance of tech companies. This impressive rally came amid a year marked by global economi ...
Dropbox Rises 40% in 6 Months: Is the Stock Still a Screaming Buy?
ZACKS· 2024-12-19 17:45
Dropbox’s (DBX) shares have gained 40% in the trailing six months, outperforming the broader Zacks Computer & Technology sector’s return of 8.3% and the Zacks Internet Services’ appreciation of 12.1%. Dropbox’s expanding AI-powered product portfolio has been a key catalyst in driving up the paid user base. Its strategy of leveraging AI to develop products that organize all cloud content on a single platform is a positive.DBX exited the third quarter of 2024 with 18.24 million paying users, marking sequentia ...
VCs prioritize people in an AI-heavy landscape, according to new Dropbox DocSend report
Prnewswire· 2024-12-18 14:00
Market context takes back seat to success metrics while "window shopping" VCs look for proven skill set and traction SAN FRANCISCO, Dec. 18, 2024 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released new data showing venture capital (VC) investors spent 40% more time on seed stage Team slides, and 30% more time on pre-seed Team slides in 2024 compared to the previous year. As interest in dealmaking has returned, investors are prioritizing proven progress suc ...
Best Growth Stocks to Buy for December 5th
ZACKS· 2024-12-05 10:06
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, December 5: International Consolidated Airlines Group S.A. (ICAGY) : This transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.9% over the last 60 days. International Consolidated Airlines Group has a PEG ratio of 0.80 compared with 1.41 for the industry. The company possesses a Growth Score of A. Dropbox, Inc. (DBX) : Th ...
Dropbox, Inc. (DBX) UBS Global Technology and AI Conference (Transcript)
2024-12-03 20:34
Dropbox, Inc. (NASDAQ:DBX) UBS Global Technology and AI Conference December 3, 2024 1:35 PM ET Company Call Participants Timothy Regan - Chief Financial Officer Conference Call Participants Taylor McGinnis - UBS Taylor McGinnis Okay. Hello, everyone, and welcome to the UBS IT and AI conference. So in this session, we have Dropbox's CFO, Tim. Tim thanks so much for joining us today. Timothy Regan You bet, Taylor. Happy to be here. Taylor McGinnis Awesome. Perfect. And for those in the audience that don't kn ...
Best Growth Stocks to Buy for December 3rd
ZACKS· 2024-12-03 08:11
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, December 3: International Consolidated Airlines Group S.A. (ICAGY) : This transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days. International Consolidated Airlines Group has a PEG ratio of 0.79 compared with 1.41 for the industry. The company possesses a Growth Score of A. Dropbox, Inc. (DBX) : Th ...
Best Growth Stocks to Buy for November 29th
ZACKS· 2024-11-29 11:15
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 29: International Consolidated Airlines Group S.A. (ICAGY) : This transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days. International Consolidated Airlines Group has a PEG ratio of 0.77 compared with 1.37 for the industry. The company possesses a Growth Score of A. Dropbox, Inc. (DBX) : T ...
Best Growth Stocks to Buy for November 26th
ZACKS· 2024-11-26 08:21
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, November 26:International Consolidated Airlines Group S.A. (ICAGY) : This transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.International Consolidated Airlines Group has a PEG ratio of 5.78 compared with 15.70 for the industry. The company possesses a Growth Score of A.Dropbox, Inc. (DBX) : Thi ...
Why Dropbox (DBX) Might be Well Poised for a Surge
ZACKS· 2024-11-22 18:21
Dropbox (DBX) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this online file-sharing company, should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...