DBX News and Press, Dropbox Inc From 09/27/22

The bear market has taken its toll over the past year. With the Federal Reserve intent on raising interest rates and stomping out inflation, market participants have done a 180 degree turn -- going from ardent optimists to extreme pessimists. While you might feel this fear yourself, now...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...

Summary Dropbox managed to create a sticky business model and keep growing revenue and paying users, despite its products being more expensive than the competition. The company has strong cash flows and just recently turned profitable. From a valuation perspective, Dropbox off...

Dropbox ( NASDAQ: DBX ) shares climbed more than 3% Tuesday as Bank of America analyst Michael Funk initiated his coverage of the cloud-storage company with a buy rating, due in part to its "free cash flow flywheel." Funk also set a $34-a-share price target on Dropbox's ( ...

Summary Dropbox H1 2022 results were disappointing with slowing revenue and Free Cash Flow growth, and limited future growth prospects. The market has been unjustifiable harsh to the stock, now trading at a forward P/E of just 13.8 and ~10x Free Cash Flow. Competition is the m...

Summary Cloud software stocks have been hammered in the past few months. The WisdomTree Cloud Computing ETF is down 57% from its previous high, and almost 20% in the past month alone. As we wrap up earnings season, some trends have emerged. Many software stocks have hit tw...

The market has recently not been kind to Coinbase (NASDAQ: COIN) . The stock is down 70% year to date (YTD), second-quarter revenue was down 60% year over year, and the company posted a $1 billion quarterly operating loss (which is more than 100% of its revenue). Clearly, the crypto...

Box ( NYSE: BOX ) shares slipped on Tuesday as investment firm Monness, Crespi, Hardt said it expects the cloud computing company's growth to decelerate when it reports second-quarter results next week. Analyst Brian White, who has a neutral rating on Box ( BOX ) shares,...

Seth Klarman's Baupost Fund recently in its 13F filing indicated new positions in New Oriental Education & Technology ( EDU ) with 8M shares, Amazon ( AMZN ) with 0.6M shares; the fund has a total worth of $6.77B. For further details see: Baupost takes new positi...

Seth Klarman’s 13F portfolio value decreased from $9.30B to $6.77B this quarter. Baupost Group added Warner Bros. Discovery and Amazon while reducing Alphabet, Intel Corp., Nexstar Media, and Verint Systems. The portfolio continues to be heavily concentrated with the top th...