Added to YB: 2024-11-01
Pitch date: 2024-10-30
DBX [neutral]
Dropbox, Inc.
+8.8%
current return
Author Info
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Company Info
Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company’s platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features.
Market Cap
$7.6B
Pitch Price
$26.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.37
P/E
17.48
EV/Sales
3.91
Sector
Software
Category
value
Deep dive into Dropbox ($DBX)
DBX (attractive below $20)): Sticky cloud storage product with 18M paid subs (2.5% of registered). Competing with tech giants. FCF $3.9B since 2018 IPO, but $2.3B SBC. Buybacks reduced shares 20%. Fair value ~$27/share. Low beta (0.6). 8% long-term yield expected. Attractive below $20 or if acquired.
Read full article (4 min)