DBX - Dropbox: You'll Be Boxing Yourself If You Don't Buy The Drop
- Since my last article on Dropbox, share prices have fallen almost 20%.
- However, I believe that Dropbox's fundamentals have continued to improve and this dip presents a good buying opportunity.
- Management has shown that they are responsive to customers' needs and always on the lookout for areas of improvement & strategic acquisitions.
- Dropbox has "dark horse" growth prospects through HelloSign and the metaverse.
- Overall, Dropbox is trading at a 33% MOS from a conservative intrinsic value of $37.
For further details see:
Dropbox: You'll Be Boxing Yourself If You Don't Buy The Drop