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home / news releases / DBX - Dropbox: The Right Stock To Bank On In A Tech Downturn

DBX - Dropbox: The Right Stock To Bank On In A Tech Downturn

Dropbox Inc
  • Shares of Dropbox are defying malaise in the rest of the tech sector, up ~20% year-to-date.
  • The company just reported a Q1 earnings beat that overachieved on revenue while showing massive expansion in operating margins.
  • A recent acquisition called DocSend should accelerate Dropbox's penetration into the enterprise segment.
  • The stock is appealingly priced at <5x forward revenue.

For further details see:

Dropbox: The Right Stock To Bank On In A Tech Downturn
Stock Information
Company Name: Dropbox Inc
Stock Symbol: DBX
Market: NASDAQ
Website: dropbox.com
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