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Dropbox (NASDAQ:DBX) Lowered to "Sell" at The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of Dropbox (NASDAQ:DBX – Free Report) from a neutral rating to a sell rating in a research report report published on Friday, MarketBeat.com reports. They currently have $24.00 price objective on the stock, down from their previous price objective of $26.00. A number of other research firms also recently […]

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Dropbox Full Year 2023 Earnings: EPS Beats Expectations

Dropbox ( NASDAQ:DBX ) Full Year 2023 Results Key Financial Results Revenue: US$2.50b (up 7.6% from FY 2022). Net...

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Dropbox Stock Drops on Weak Guidance, Concerns Over Slowing Growth

By Will Feuer Shares of Dropbox fell about 16% in Friday trading after the software company issued soft revenue guidance, citing pressure on paying user...

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Dropbox (NASDAQ:DBX) Shares Gap Down to $32.54

Dropbox, Inc. (NASDAQ:DBX – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $32.54, but opened at $27.98. Dropbox shares last traded at $26.60, with a volume of 5,704,925 shares. Analysts Set New Price Targets DBX has been the topic of a number of […]

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Dropbox, Inc. (NASDAQ:DBX) Q4 2023 Earnings Call Transcript

Dropbox, Inc. (NASDAQ:DBX) Q4 2023 Earnings Call Transcript February 15, 2024 Dropbox, Inc. beats earnings expectations. Reported EPS is $0.5, expectations were $0.48. Dropbox, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, ladies and gentlemen, thank you […]

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Why Dropbox (DBX) Stock Is Down Today

Shares of cloud storage and e-signature company Dropbox (Nasdaq: DBX) fell 19.8% in the morning session after the company reported fourth-quarter results that missed analysts' expectations for billings, though revenue came in ahead. The results revealed a lot of challenges with the business. Management noted that customers are being more cautious and exhibiting "higher levels of price sensitivity." This drove "reduced levels of gross new licenses and upsell activity, alongside higher churn and d

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Dropbox (NASDAQ:DBX) Posts Q4 Sales In Line With Estimates But Customer Growth Slows Down

Cloud storage and e-signature company Dropbox (Nasdaq: DBX) reported results in line with analysts' expectations in Q4 FY2023, with revenue up 6% year on year to $635 million. It made a non-GAAP profit of $0.50 per share, improving from its profit of $0.40 per share in the same quarter last year.

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Dropbox, Inc. (NASDAQ:DBX) Shares Purchased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board raised its stake in shares of Dropbox, Inc. (NASDAQ:DBX – Free Report) by 11.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 407,400 shares of the company’s stock after acquiring an additional 41,691 shares during the […]

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