Dropbox (DBX) is Trading Dirt-Cheap: Should You Buy the Stock?

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, ...