![]() Based on what I show in the video, I believe the company is worthy of further consideration for investors looking for long-term capital appreciation and total return. The real question is – can the company sustain above-average growth long-term? I leave it up to the viewer to decide for themselves. Nevertheless, the company is still expected to grow their free cash flow fast enough for me to consider it reasonably valued at current levels. However, as is often the case, the company’s historically high growth rate is showing signs of slowing down. Dropbox (NASDAQ:DBX) shareholders are up 7. Consequently, since its founding in 2007, the company has attracted 600 million users and generated approximately $1.7 billion in revenues. KeyBanc Resumes Dropbox at Overweight With 30 Price Target. Dropbox allows users to store and access documents, videos, and photos.”Īlthough the company faces stiff competition from well-capitalized behemoths such as Microsoft and Google, the company has carved out a niche for itself. The company was founded in 2007 and offers a browser service, toolbars, and apps to upload, share, and sync files to the cloud that can be accessible across a number of devices and by a multitude of users. ![]() ![]() Stock quotes are provided by Factset, Morningstar and S&P Capital IQ. “Dropbox provides cloud-based file storage, sharing, and project collaboration services for individuals and, to a lesser extent, enterprise customers. Evolution of the average Target Price on DROPBOX, INC. Morningstar provides the following business description: If you would like to know where to buy Solana at the current rate, the top cryptocurrency exchanges for trading in Solana stock are. Therefore, even though I did not have an investment opinion, I am familiar. Although this is a company that I have not researched for investment purposes, it is a company whose product I use in my own business and to a lesser extent in my personal life. On March 23, 2018, its first trading day, the stock opened at 29 per share, 38 above. In the comment section of my last video a subscriber asked me if I had any opinion on Dropbox (DBX), a young fast-growing tech stock. One day later, the IPO was priced at 21, above its expected price range.
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