Dropbox Inc Stock
€21.04
Your prediction
Dropbox Inc Stock
Pros and Cons of Dropbox Inc in the next few years
Pros
Cons
Performance of Dropbox Inc vs. its peers
Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
---|---|---|---|---|---|---|---|
Dropbox Inc | -0.720% | 2.785% | 1.251% | -13.929% | -21.419% | -18.623% | - |
Pegasystems | -0.900% | -1.786% | 3.774% | 23.874% | 22.768% | -52.871% | - |
Workiva Inc. A | -2.920% | -0.746% | -5.000% | -28.495% | -28.877% | -30.366% | - |
Box Inc. A | -0.410% | 3.495% | -2.111% | -8.692% | 5.133% | 8.234% | 59.012% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Dropbox, a renowned company in the Software & IT Services industry with the US symbol DBX, has experienced fluctuating financials over recent years. Despite some varying figures across its financial statements, the company has achieved relative success in certain aspects, such as generating positive net incomes and maintaining a stable gross profit. However, there are noticeable concerns as it continues to face challenges in managing its debt levels and working capital efficiently. This analysis will discuss the company's financial performance, highlighting the pros and cons based on the provided financial data.
Positive Net Income: Dropbox has recorded positive net incomes consistently in recent years. In 2022, the company achieved a net income of $553.2 million. This positive trajectory continued into the first quarter of 2023, where Dropbox reported a net income of $69 million. Positive net income figures indicate profitability and a promising financial future for the organization.
Consistent Gross Profit: The company's financials demonstrate a stable gross profit throughout the years. For example, the gross profit for 2020 was $1,499.3 million, increasing to $1,713.7 million in 2021, and $1,880.7 million in 2022. In Q1 2023, the company recorded a gross profit of $494.3 million. These consistent figures emphasize the company's strength in generating revenue from its core business operations.
Comments
News
Dropbox’s stock is a falling knife worth catching
When does a falling knife become just too tempting not to try and catch? With the broader equity market surging to record highs on the back of a risk-on sentiment that keeps getting stronger
Why Shares of Dropbox Plunged 23.1% After Earnings
Shares of cloud storage company Dropbox (NASDAQ: DBX) fell as much as 23.1% on Friday after the company reported earnings results. Shares were hitting their low around 3 p.m. ET. Results weren't all
Nu Holdings Stock Is a Hyper-Growth Machine That You Shouldn't Ignore
Nu Holdings (NYSE: NU) stock performed exceptionally well last year. After some post-initial public offering (IPO) struggles, share prices for the Brazil-based digital banking platform zoomed from