The most recent trading session ended with Dropbox (DBX) standing at $21.23, reflecting a +1.48% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.04%. At the same time, the Dow lost 0.15%, and the tech-heavy Nasdaq gained 0.12%. The investment community will be paying close attention to the earnings performance of Dropbox in its upcoming release. The company's earnings per share (EPS) are projected to be $0.52, reflecting a 1.96% increase from the same quarter ...

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Investors in Dropbox, Inc. (DBX) need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 19, 2024 $15.00 Call had some of the highest implied volatility of all equity options today. Click to see the trades now >> What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one directio ...

Female and minority founders spent the most time fundraising to raise the least amount of money SAN FRANCISCO, June 5, 2024 /PRNewswire/ -- Racially diverse, all-female startup founding teams spent the longest time fundraising in 2023 at an average of 25 weeks — a 75% increase year-over-year (YoY) — raising the least money of all demographics, an average of $460K. Although all demographics raised less in 2023 than years prior, underrepresented founders faced the most adversity. The fifth annual Funding Divi ...

Dropbox's (DBX) expanding AI-powered product portfolio has been playing a key catalyst in driving up the paid user base. It exited the first quarter of 2024 with 18.16 million paying users, marking sequential growth of roughly 35,000. As of Mar 31, 2024, DBX had more than 700 million registered users. Dropbox's strategy of leveraging AI to develop products that organize all cloud content is a positive. Its longterm growth prospect is driven by a strong partner base that includes the likes of Google, Slack, ...

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Shares of Dropbox (DBX) have gained 3.3% over the past four weeks to close the last trading session at $23.73, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $30 indicates a potential upside of 26.4%. The average comprises nine short-term price targets ranging from a low of $24 to a high of $37, with a standard deviation of $4.58. While the lowest estimate indicates an increase ...

Investing in the internet is still a spectrum for growth as a seemingly unlimited number of businesses can benefit from what is one of the greatest inventions of our lifetime.There will always be up-and-coming or emerging investments in this regard and after posting strong Q1 results on Thursday, several internet-related stocks are starting to stand out.Dropbox (DBX)  - Zacks Rank #2 (BUY) Current Stock Price: $23 Serving more than 700 million registered users across 180 countries, Dropbox’s cloud-based pla ...

Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Dropbox, Inc. 1800 Owens Street San Francisco, California 94158 (415) 930-7766 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) Securities registered pursuant to Section 12(b) of the Act: Class A Common Stock, p ...

Dropbox (DBX) reported first-quarter 2024 non-GAAP earnings of 58 cents per share, beating the Zacks Consensus Estimate by 18.37% and increasing 38.1% year over year.Revenues of $631.3 million increased 3.3% year over year and beat the consensus mark by 0.40%.Total annual recurring revenues came in at $2.556 billion, up 3.6% year over year.Quarter DetailsDropbox exited the first quarter of 2024 with 18.16 million paying users, marking a sequential growth of roughly 35,000. The average revenue per paying use ...