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DBX - Dropbox: Long Overdue For A Rebound
May, 07 2022 07:00 AM
Dropbox Inc
Shares of Dropbox rallied modestly after the company posted strong Q1 results. Revenue grew at 10% y/y, beating the high-single-digit target that Wall Street had set. Meanwhile, operating margins continue to tick upward while free cash flow expansion is settling into high gear. Dropbox is substantially undervalued at ~3x forward revenue. For further details see:
Dropbox: Long Overdue For A Rebound
Stock Information
Company Name:
Dropbox Inc
Stock Symbol:
DBX
Market:
NASDAQ
Website:
dropbox.com
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