I think the broader market sell off is entirely responsible for today's price action and is not specific to $DBX. At the moment, there are no catalysts for $DBX to outperform or underperform the market. Hopefully, the ER tomorrow will be a positive catalyst for $DBX, but there is always a chance that they may disappoint as analysts have been raising expectations.
Rumors have been going around for a while about a $DBX acquisition by $ZM. - Pretty interesting that $ZM had an offering the day before $DBX reduces workforce by 11%.. something that a company preparing to get bought out would do.
Had to laugh after watching the latest youtube pump I doubt IBM is buying out DBX. DRew will never sell this company. LONG go $DBX
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$DBX has 9 buy ratings, 1 hold rating and 1 sell rating with a consensus buy target price of $28.22. The lowest price target is $22 and the highest price target is $35. This stock is extremely undervalued. If Biden wins this stock will be worth even more. FAIR VALUE IS $26... EOY VALUE IS $30.50. Get in before warnings make this stock skyrocket. Cheers!
My opinion and observation. People are freaking out. I am not. I am still holding at 38.00 and 31.00 and I have ZERO worries. A) Being a dropbox user that has used other cloud sharing programs including Google Drive, it is my preferred. B) Dropbox is a beast on it’s own but its attachment and the two new integrations into Salesforce CRM is only going to turn it into a Monster Beast. Salesforce has ownership, acquisitions and investments of many private companies. (Business Insider has another listed I did not see on the website. ($DOMO)
If you are NOT familiar with Salesforce ($CRM) then do your DD on this company. Unicorn performance. Marc Beinoff made a 100 million dollar investment into Dropbox prior to going public. Which according to business insider this is one if it’s largest strategic investments ever. Prior to the 100 million, Salesforce invested 5 million. Salesforce owns more shares in Dropbox than any other company. It is also the 2nd largest investment by value. The highest value is in Docusearch but with less shares than Dropbox. Dropbox two newest integrations with Salesforce is only going to continue growth, in my opinion.
Salesforce invested publicly traded companies. $DOCU Docusign which IPO last April with a 52 week range of $37.00-66.00 currently at 57.74, $TWLO Twilio with a 52 week range of 52 Week Range 23.25 - 79.47 current 76.04. $DBX Dropbox 52 Week Range 26.61 - 43.50 current 29.04.
Look at Salesforce financials, revenue and growth. The 52 Week Range $CRM 90.09 - 149.35
“Salesforce expects to post $20 billion to $22 billion in revenue in its 2022 fiscal year. If it hit even the low end of that range, its revenue would be more than double the $8.4 billion it posted in fiscal 2017, which ended in January. To get there, Salesforce expects to offer a wider range of products to a broader set of customers worldwide. The company expects its total addressable market — which is the combined amount of money spent globally with Salesforce and all of its competitors on the products it offers — to grow from $72 billion in 2018 to $120 billion in 2022.” (Source: Business Insider)
Earnings Season Continues To Surprise; New Market Trend Starting? “Strong Earnings: Some Stocks Shaky Once again we are seeing another Friday of earnings reports. Among some of the most active stocks...
Earnings Season Continues To Surprise; New Market Trend Starting? “Strong Earnings: Some Stocks Shaky Once again we are seeing another Friday of earnings reports. Among some of the most active stocks...
From market positioning and revenue $BOX is a much better company than $DBX by far. However both are not making a dime yet so I am not sure if either is a good long term investment
If that u shape comes to be, we shall see 40s or 50s this year
- Pretty interesting that $ZM had an offering the day before $DBX reduces workforce by 11%.. something that a company preparing to get bought out would do.
https://twitter.com/thestockwatch2/status/1349564954635022338?s=24
$DBX $AMC $GME $NAKD $EXPR
Salesforce has ownership, acquisitions and investments of many private companies. (Business Insider has another listed I did not see on the website. ($DOMO)
If you are NOT familiar with Salesforce ($CRM) then do your DD on this company. Unicorn performance. Marc Beinoff made a 100 million dollar investment into Dropbox prior to going public. Which according to business insider this is one if it’s largest strategic investments ever. Prior to the 100 million, Salesforce invested 5 million. Salesforce owns more shares in Dropbox than any other company. It is also the 2nd largest investment by value. The highest value is in Docusearch but with less shares than Dropbox. Dropbox two newest integrations with Salesforce is only going to continue growth, in my opinion.
Salesforce invested publicly traded companies.
$DOCU Docusign which IPO last April with a 52 week range of $37.00-66.00 currently at 57.74,
$TWLO Twilio with a 52 week range of 52 Week Range 23.25 - 79.47 current 76.04.
$DBX Dropbox 52 Week Range 26.61 - 43.50 current 29.04.
Look at Salesforce financials, revenue and growth. The 52 Week Range $CRM 90.09 - 149.35
“Salesforce expects to post $20 billion to $22 billion in revenue in its 2022 fiscal year. If it hit even the low end of that range, its revenue would be more than double the $8.4 billion it posted in fiscal 2017, which ended in January.
To get there, Salesforce expects to offer a wider range of products to a broader set of customers worldwide. The company expects its total addressable market — which is the combined amount of money spent globally with Salesforce and all of its competitors on the products it offers — to grow from $72 billion in 2018 to $120 billion in 2022.” (Source: Business Insider)
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Buy Dropbox Stock Before It Climbs to $30