Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company’s platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in the professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
Cloud Transition | Dropbox navigates a critical shift from mature File Sync and Share business to new growth initiatives, focusing on AI-driven tools and enterprise solutions |
Financial Resilience | Q3 2024 results showcase strong performance with EPS of $0.60, surpassing estimates. Analysts project revenue growth of 1-2% in coming years |
Market Challenges | Explore Dropbox's strategy to compete with tech giants like Microsoft and Google, while facing specialized players in the universal search market |
Future Prospects | Delve into Dropbox's GenAI initiatives and Dash universal search tool, with analyst price targets ranging up to $32, reflecting cautious optimism |
Metrics to compare | DBX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipDBXPeersSector | |
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P/E Ratio | 17.8x | 13.6x | 10.7x | |
PEG Ratio | 2.71 | 0.01 | 0.01 | |
Price/Book | −10.7x | 7.3x | 2.4x | |
Price / LTM Sales | 3.2x | 4.9x | 1.9x | |
Upside (Analyst Target) | 5.0% | 24.5% | 44.0% | |
Fair Value Upside | Unlock | 1.5% | 10.2% | Unlock |