Dropbox shares are trading higher after the company reported better-than-expected Q1 earnings.
$DBX
Computer Software: Prepackaged Software
Technology
Dropbox shares are trading higher after the company reported better-than-expected Q1 earnings.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/16/2024 | $26.00 → $24.00 | Neutral → Sell | Goldman |
| 2/16/2024 | $33.00 → $30.00 | Overweight → Neutral | JP Morgan |
| 2/16/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 2/16/2024 | $34.00 → $28.00 | Buy → Underperform | BofA Securities |
| 12/15/2023 | $36.00 | Buy | UBS |
| 9/18/2023 | Outperform → Mkt Perform | William Blair | |
| 5/8/2023 | $22.00 → $25.00 | Sell → Neutral | Goldman |
| 1/5/2023 | $25.00 | Buy → Hold | Jefferies |
Dropbox, Inc. (NASDAQ:DBX) Chief Financial Officer Tim Regan will participate in a fireside chat at the 2024 UBS Global Technology and AI Conference in Scottsdale, Arizona on Tuesday, December 3, 2024 at 1:35 p.m. ET / 10:35 a.m. PT. A live webcast and replay of the event will be available on the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquartered in San Francisco, CA. For more information on our mission and products, visit dropbox.com.
Third Quarter Revenue of $638.8 Million, up 0.9% year-over-year on an as reported and constant currency basis GAAP Operating Margin of 20.0% and Non-GAAP Operating Margin of 36.2% Net Cash Provided by Operating Activities of $274.2 Million and Free Cash Flow of $270.1 Million Dropbox, Inc. (NASDAQ:DBX), today announced financial results for its third quarter ended September 30, 2024. "As we've shared over the last year, we're in a transitional period as a company and we continue to face a challenging environment in 2024. We recently announced a reduction in our workforce to both increase efficiency in and strengthen our core business, and accelerate growth in our new bets, like Dropbox
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is hea
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is hea
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the second quarter ended June 30, 2024 after market close on Thursday, August 8, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headqu
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the first quarter ended March 31, 2024 after market close on Thursday, May 9, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquart
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4 - DROPBOX, INC. (0001467623) (Issuer)
Goldman downgraded Dropbox from Neutral to Sell and set a new price target of $24.00 from $26.00 previously
JMP Securities downgraded Dropbox from Mkt Outperform to Mkt Perform
JP Morgan downgraded Dropbox from Overweight to Neutral and set a new price target of $30.00 from $33.00 previously
Similarweb Ltd. (NYSE:SMWB), a leading digital market intelligence company, is pleased to announce the appointment of Lisa Campbell and Barak Eilam to its Board of Directors, with overwhelming support at the general meeting of shareholders earlier today. Their extensive experience in scaling and leading successful SaaS and technology companies will further enhance Similarweb's strategic growth and industry leadership. Or Offer, Co-Founder and CEO of Similarweb, commented, "I am thrilled to welcome Lisa and Barak to our Board of Directors. They each bring extensive experience in growing and scaling software companies, and a deep understanding of business strategy and technology that align
Three-time CMO to lead and scale Amplitude's marketing organization Amplitude, Inc. (NASDAQ:AMPL), a leading digital analytics platform, today announced the appointment of Tifenn Dano Kwan as its new Chief Marketing Officer. With a track record for driving product-led growth, building strong teams, and accelerating pipeline, Dano Kwan will oversee all aspects of Amplitude's marketing organization. She will join Amplitude's executive leadership team and report to Thomas Hansen, Amplitude's President. "Our goal is to make Amplitude's #1-ranked product analytics solution the essential platform for product, data, engineering, and growth leaders alike," said Hansen. "As we scale our marketing
LÉVIS, QC, May 5, 2022 /CNW/ - QScale, a fast-growing company recognized for its innovative concept of eco-responsible computing centers, today announced the appointment of Sylvie Veilleux to its board of directors. Most recently, Veilleux served as the first Chief Information Officer at Dropbox (NASDAQ:DBX). "We're delighted to have Sylvie join our board of directors to accelerate our international growth. Sylvie has a deep understanding of the global technology scene, having held top management positions at renowned, fast-growing technology firms," said QScale's President Ma
10-Q - DROPBOX, INC. (0001467623) (Filer)
8-K - DROPBOX, INC. (0001467623) (Filer)
8-K - DROPBOX, INC. (0001467623) (Filer)
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Citigroup analyst Steven Enders maintains Dropbox (NASDAQ:DBX) with a Neutral and lowers the price target from $26 to $25.
The Nasdaq 100 closed higher by more than 250 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Tenet Healthcare The Trade: Tenet Healthcare Corporation (NYSE:THC) Director Richard W Fisher sold a total of 1,400 sh
Dropbox (NASDAQ:DBX) reported its first-quarter financial results after the bell Thursday. Here's a look at the highlights. The Details: Dropbox reported quarterly earnings of 58 cents per share which beat the analyst consensus estimate of 50 cents by 16%. Quarterly sales came in at $631.3 million which beat the analyst consensus estimate of $628.67 million and is a 3.31% increase over sales of $611.1 million from the same period last year. Dropbox reported 18.16 million paying users for the quarter, as compared to 17.9 million for the same period last year. Paying users increased by 35,000 quarter-over-quarter. Average revenue per paying user was $139.59, as compared to $138.97 for t