Company Performance - Dropbox closed at $32.63, reflecting a +0.77% change, outperforming the S&P 500's 0.39% gain [1] - Over the past month, Dropbox shares increased by 9.47%, significantly surpassing the Computer and Technology sector's gain of 0.04% and the S&P 500's gain of 1.7% [1] Upcoming Earnings - The earnings report for Dropbox is anticipated on February 20, 2025, with projected earnings per share (EPS) of $0.62, indicating a 24% increase from the same quarter last year [2] - Revenue is expected to be $638.53 million, reflecting a 0.56% growth compared to the corresponding quarter of the prior year [2] Analyst Estimates - Recent changes to analyst estimates for Dropbox are noteworthy, as they often indicate short-term business trends and analyst optimism regarding the company's profitability [3] - The Zacks Rank system, which incorporates these estimate changes, provides a quantitative model for stock performance prediction [4] Zacks Rank and Valuation - Dropbox currently holds a Zacks Rank of 3 (Hold), with the consensus EPS estimate remaining stagnant over the past month [5] - The company has a Forward P/E ratio of 12.35, which is below the industry average of 23.18, indicating it is trading at a discount [6] - Dropbox's PEG ratio stands at 1.03, compared to the industry average PEG ratio of 1.78 [6] Industry Context - The Internet - Services industry, part of the Computer and Technology sector, ranks in the top 33% of all industries according to the Zacks Industry Rank [7] - Strong individual industry groups, as measured by the Zacks Industry Rank, tend to outperform weaker groups by a factor of 2 to 1 [7]

Group 1 - Dropbox's stock closed at $32.13, reflecting a decrease of 0.83% from the previous day, underperforming compared to the S&P 500's gain of 0.53% [1] - Over the past month, Dropbox shares have increased by 7.86%, outperforming the Computer and Technology sector, which saw a decline of 0.75% [1] Group 2 - Dropbox is expected to report earnings of $0.62 per share, indicating a year-over-year growth of 24%, with projected revenue of $638.53 million, a 0.56% increase from the same quarter last year [2] - Recent adjustments to analyst estimates for Dropbox are crucial as they reflect changing business trends, with positive revisions suggesting a favorable business outlook [3] Group 3 - The Zacks Rank system, which evaluates estimate revisions, indicates that these changes correlate with near-term share price momentum, providing actionable insights for investors [4] - Dropbox currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [5] Group 4 - Dropbox has a Forward P/E ratio of 12.35, significantly lower than the industry average of 23.95, suggesting that the company is trading at a discount [6] - The company has a PEG ratio of 1.03, compared to the Internet - Services industry's average PEG ratio of 1.73, indicating a favorable valuation relative to growth expectations [7] Group 5 - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [7][8] - Research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the importance of industry rankings in investment decisions [8]

Dropbox’s (DBX) shares have gained 5.8% in a month, outperforming the broader Zacks Computer & Technology sector’s return of 3% and the Zacks Internet Services’ appreciation of 4.8%. Over the trailing six-month period, DBX shares have surged 33% against the sector and industry’s appreciation of 18.7% and 14.4%, respectively.The outperformance can be attributed to strong demand for Dropbox’s AI-powered product portfolio, which has been a key catalyst in driving up the paid user base. Its strategy of leveragi ...

In the latest market close, Dropbox (DBX) reached $31.48, with a +1.16% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.32%, and the tech-heavy Nasdaq lost 0.5%.The online file-sharing company's shares have seen an increase of 1.2% over the last month, not keeping up with the Computer and Technology sector's gain of 1.8% and the S&P 500's gain of 2.52%.Market participants will be closely following the financial results of Dropbox ...

Dropbox (DBX) closed the latest trading day at $30.40, indicating a +1.03% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.83%. Elsewhere, the Dow saw an upswing of 1.65%, while the tech-heavy Nasdaq appreciated by 2.45%.Shares of the online file-sharing company have depreciated by 2.31% over the course of the past month, outperforming the Computer and Technology sector's loss of 3.84% and the S&P 500's loss of 3.31%.Market participants will be closely ...

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 ...

Industry Overview - The technology sector is experiencing promising long-term growth prospects due to ongoing digital transformations and the accelerated adoption of AI technologies, particularly generative AI, robotics, and automation [1] - The S&P 500 has risen nearly 23%, the Dow Jones Industrial Average by 12.3%, and the Nasdaq has surged more than 29.1% in 2024, highlighting the dominance of tech companies amid global economic uncertainties [2] - The explosive growth in AI applications and infrastructure has been a major driver of the technology sector's performance, with semiconductor companies benefiting from rising demand for high-performance computing solutions [3] Growth Catalysts - Cloud computing continues to be a significant growth catalyst as businesses transition workloads to the cloud for efficiency and cost reduction, leading to robust revenue growth for major cloud providers [4] - Improving macroeconomic conditions, including interest rate cuts by the Federal Reserve and stabilizing global supply chains, have bolstered investor confidence and contributed to the sector's strength [5] - The momentum in the technology sector is expected to continue into 2025, driven by ongoing cloud migration, rising cybersecurity budgets, and the deployment of 5G technology [6] Company Highlights - Twilio is enhancing its product portfolio through strategic acquisitions and investments, benefiting from a growing hybrid working trend and a solid expansion of its clientele [10] - Dropbox is experiencing strong growth with an expanding user base and robust average revenue per paying user, supported by a strong balance sheet and free cash flow generation [14] - Zoom's AI innovations and strong enterprise growth signal upside potential, with a focus on expanding its international presence [16] - Qualcomm is transitioning to a connected processor firm for the intelligent edge, witnessing healthy traction in EDGE networking [18] - NVIDIA is benefiting from the strong growth of AI and high-performance computing, particularly in the data center market [20] Financial Metrics - Twilio's stock trades at a P/E multiple of 24.77X, with a revised earnings estimate of $4.30 per share for 2025, reflecting a long-term estimated earnings growth rate of 41.8% [11] - Dropbox's stock trades at a P/E multiple of 11.39X, with a revised earnings estimate of $2.62 per share for 2025 and a long-term estimated earnings growth rate of 12% [15] - Zoom's stock trades at a P/E multiple of 15.87X, with a revised earnings estimate of $5.43 per share for fiscal 2025 and a long-term estimated earnings growth rate of 5.4% [17] - Qualcomm's stock trades at a P/E multiple of 13.21X, with a revised earnings estimate of $11.14 per share for fiscal 2025 and a long-term estimated earnings growth rate of 6.6% [19] - NVIDIA's stock trades at a P/E multiple of 32.66X, with a revised earnings estimate of $2.94 per share for fiscal 2025 and a long-term estimated earnings growth rate of 20% [21]

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 ...

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 ...

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 ...