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DBX - Dropbox Inc.: We Will Pass For Now
October, 28 2021 04:35 AM
Dropbox Inc
Dropbox Inc. stock price increased by 52% over the last year. The company is still seen as a tech value play. Shareholders that buy today are buying at a price to free cash flow price multiple of 12x based on 2024 goals. The business model faces some long-term challenges that impact the long-term thesis of the company, hence, we will pass for now. For further details see:
Dropbox Inc.: We Will Pass For Now
Stock Information
Company Name:
Dropbox Inc
Stock Symbol:
DBX
Market:
NASDAQ
Website:
dropbox.com
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