Company Performance - Dropbox closed at $30.40, reflecting a +1.03% change from the previous session, which is lower than the S&P 500's gain of 1.83% [1] - Over the past month, Dropbox shares have depreciated by 2.31%, outperforming the Computer and Technology sector's loss of 3.84% and the S&P 500's loss of 3.31% [1] Upcoming Financial Results - Dropbox is expected to report an EPS of $0.62, representing a 24% increase from the prior-year quarter [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $638.53 million, up 0.56% from the year-ago period [2] Analyst Forecasts - Recent revisions to analyst forecasts for Dropbox are important as they indicate changing business trends [3] - Upward revisions in estimates reflect analysts' positive outlook on the company's operations and profit generation capabilities [3] Valuation Metrics - Dropbox has a Forward P/E ratio of 11.47, which is a discount compared to the industry's average Forward P/E of 21.4 [6] - The PEG ratio for Dropbox is currently 0.96, while the average PEG ratio for the Internet - Services industry is 1.51 [6] Industry Ranking - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 56, placing it in the top 23% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

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 ...

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 ...

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 ...

Group 1: International Consolidated Airlines Group S.A. (ICAGY) - The company has a Zacks Rank of 1, indicating strong performance potential [1] - The Zacks Consensus Estimate for its current year earnings has increased by 5.9% over the last 60 days [1] - The PEG ratio stands at 0.77, which is lower than the industry average of 1.37, suggesting better growth potential relative to its price [1] - The company possesses a Growth Score of A, indicating strong growth characteristics [1] Group 2: Dropbox, Inc. (DBX) - The company also carries a Zacks Rank of 1, reflecting strong investment potential [2] - The Zacks Consensus Estimate for its current year earnings has increased by 7.7% over the last 60 days [2] - Dropbox has a PEG ratio of 0.98, compared to the industry average of 1.12, indicating favorable growth prospects [2] - The company has a Growth Score of B, suggesting solid growth characteristics [2] Group 3: Ingredion Incorporated (INGR) - The company holds a Zacks Rank of 1, indicating strong investment potential [3] - The Zacks Consensus Estimate for its next year earnings has increased by 6.5% over the last 60 days [3] - Ingredion has a PEG ratio of 1.26, which is significantly lower than the industry average of 2.28, indicating better growth potential [3] - The company possesses a Growth Score of A, reflecting strong growth characteristics [3]

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 ...