|Bid||23.00 x 800|
|Ask||26.00 x 1800|
|Day's Range||23.26 - 24.66|
|52 Week Range||22.07 - 43.50|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 8, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||35.54|
Dropbox, Inc. (DBX), a leading global collaboration platform, announced today that it will report financial results for the third quarter ended September 30, 2018 after market close on Thursday, November 8, 2018. 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.
This year's resurgence in tech IPOs has been the strongest the market has seen since 2014. Among the tech companies expected to IPO this year, ride hailing industry pioneer Uber Technologies Inc. will be one of the most closely watched. Earlier this week, the Wall Street Journal reported that proposals from Goldman Sachs ( GS) and Morgan Stanley ( MS) imply a market value as high as $120 billion.
Only eight of the Bay Area's unicorns have gone public this year. Meanwhile, 24 new ones have been born. Here's a look at all of them.
Facebook may be mired in a series of controversies, but the Menlo Park-based social media giant has long made its founders and early investors fabulously wealthy. Forbes, which produces an annual ranking of the wealthiest Americans, more recently broke out a list of the youngest billionaires on this year's Forbes 400. You can see the 12 youngest billionaires on the 2018 Forbes 400 in the gallery above Of the 12 people on that list, three are from Facebook.
Today Dropbox (DBX) and Zoom Video Communications announced a strategic partnership to expand remote collaboration for teams and users. Additionally, Dropbox will make a strategic investment in Zoom to support both companies' development of deeply integrated product experiences that help customers stay in sync. The partnership also supports customer discovery and adoption of each others’ products, as both companies will initially deliver two unique integrations, available for all users, on Dropbox and Zoom surfaces.
JPMorgan added Dropbox (NASDAQ: DBX ) to its Analyst Focus List Wednesday and recapped its September meetings with the cloud storage company's management. The Analyst Analyst Mark Murphy reiterated an ...
It's the first funding that the cloud storage and content management company has taken in nearly five years,
Some 45 tech initial public offerings have raised $15 billion this year. The excitement could spill over into 2019, with potential IPOs for Slack, Uber, Lyft, and Airbnb.
Moovly Media Inc. (TSX VENTURE: MVY) (MVVYF) (0PV2.F) ("Moovly" or the "Company") is pleased to announce the launch of a new Dropbox Inc. (DBX) integration that allows Moovly users to more easily access and upload photo and video content from Dropbox within the Moovly Studio Editor. This integration allows Moovly users to more easily utilize their Dropbox content when creating videos in the Moovly Studio Editor.
Dropbox stock (NYSE:DBX) was sliding late in the day Friday as the company received an update from analysts regarding what they expect the company’s earnings to look like during its next quarterly call. Multiple Wall Street analysts unveiled their outlook for the Silicon Valley-based file-sharing business, noting that they project its earnings to be 6 cents per share for its current quarter. This is the average estimate based on what seven analysts polled by Zacks Investment Research are calling for, with the highest earnings estimate at 7 cents per share and the lowest one at 5 cents per share.
Benchmark has a 16 percent post-IPO stake in Elastic, worth about $800 million based on Friday's debut. Its 13.9 percent stake in Upwork is worth about $290 million.
NEW YORK, NY / ACCESSWIRE / October 5, 2018 / U.S. markets plunged on Thursday as the 10-year U.S. treasury note hit its highest level since 2011, dampening investors' enthusiasm for stocks. The Dow Jones ...
According to Forbes’ annual ranking of the wealthiest Americans, there is a new No. 1 for the first time since 1994. This year, Amazon.com, Inc. (NASDAQ: AMZN ) founder and CEO Jeff Bezos surpassed Bill ...
Cloud computing stocks continue to enjoy an impressive run. Ranging from industry titans like Microsoft (NASDAQ:MSFT) and Amazon (NASDAQ:AMZN), to the smallest, privately-held players, cloud companies have seen massive increases in business. When this occurs, it will force weaker players to scale back, or possibly shut down.
The long-term trajectory for Dropbox Inc (NASDAQ: DBX ) remains questionable, but the elimination of near-term concerns implies the bearish case for the stock may no longer be appropriate. The Analyst ...
Instinet analyst Chris Eberle on Tuesday upgraded Dropbox Inc.'s stock to neutral from reduce. The stock is up 0.2% in morning trading. "While we don't believe Dropbox is out of the woods yet, we do feel that, near term, the stock is in a more balanced risk/reward state," he wrote. "Longer term, we continue to believe Dropbox will struggle to transform into an enterprise offering, but near term, with Dropbox still converting several hundred thousand users to paying subscribers, we believe this removes some near-term catalysts to the downside." He remains concerned about recent departures in the company's "business" group, but he thinks that the stock price currently reflects risks stemming from that turnover. Eberle raised his price target to $25 from $21. Dropbox shares are down 20% over the past three months, while the S&P 500 has gained 7.2%.
For an "Executive Decision" segment on Mad Money Tuesday night Jim Cramer spoke with Drew Houston, the CEO of Dropbox Inc. DBX is a cloud storage provider that went public in late March. In the daily bar chart of DBX, below, we can see a mixed but improving picture.
NEW YORK, NY / ACCESSWIRE / September 26, 2018 / U.S. equities were mixed on Tuesday as concerns of a potential trade war linger and investors look forward to details from the upcoming Fed monetary policy ...
Dropbox (DBX) appears to be exploring a venture into the digital signature market, which consulting firm Stratistics MRC says is expanding at the rate of 30.0% annually. TechCrunch noted that Dropbox recently distributed a survey, seeking opinions from its customers about a new feature called “E-Signature from Dropbox.”