![]() ![]() Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. ![]() Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright © FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Such deals tend to target slower-growing, cash-generating entities that could support a heavy debt load and perhaps have a shot at lower costs or even accelerated growth.Stocks: Real-time U.S. The most obvious is private equity - selling the company to a financial entity. There are a few places where Dropbox could find a new home. Else, we could be looking to start a countdown clock. What would a narrative-changing result be for Dropbox? In our view, to shake the malaise, a beat on revenue in Q1 and at least some modicum of guidance expansion for the year. At the same time, we wonder whether investors would be enthused if Dropbox posted in-line revenue of $558.95 million. It is worth noting that Dropbox’s Q1 guidance of $557 million to $560 million worth of revenue brackets current analyst expectations, according to Yahoo Finance data. Single-digit growth is not a place that any public company wants to hang around in - unless it has a fat dividend and is content to keep costs low. For 2022, Dropbox anticipates $2.32 billion to $2.33 billion in total revenue, figures that work out to growth of 7.51% to 7.97%, which, to be blunt, is not great. But when Dropbox looked ahead in its guidance during its final earnings call concerning 2021, the company’s expectations for this year were less encouraging. For the full year, Dropbox did even better, posting 12.7% growth as it reached some $2.158 billion in revenue for the year.įast growth? No. In the fourth quarter of 2021, Dropbox reported revenues of $565.5 million, up 12.2% from the year-ago period. Let’s talk about the company’s recent and expected results, how vulnerable it may be, and, finally, who might want to buy it (if it comes to that). With tech valuations far from recent historical highs, Dropbox could find itself in the crosshairs of private equity firms, and a poor earnings report could kick off unwelcome deal-making. The idea is not mere theorizing erstwhile Dropbox competitor Box recently tangled with investors about its leadership, and Zendesk’s performance put it at odds with external investors, forcing the customer support company to fend off a takeover offer. That kind of performance, with falling valuation, decelerating growth and a stagnant share price, is bait for takeover deals, meaning that Dropbox’s ability to rip cash out of its operating business could help make it an enticing target for a hostile acquisition. Dropbox has a market cap of just over $8 billion. The stock was down over 2% this morning at $21.30, but up from the 52-week low of $19.90. The company has a 52-week high of $33 per share. Alternatively, the opposite is possible if Dropbox reports earnings that disappoint the investing community, the company could see its share price fall further. The performance Dropbox reports Thursday could bolster the company’s growth narrative, boost its guidance for the year, encourage its share price and assuage investors. Consumer and business file storage and sharing service Dropbox will report its first-quarter earnings tomorrow, and for the former unicorn and present-day public company, the stakes appear quite high.ĭropbox is coming off a year of growth stuck in the low teens, with growth forecasted to prove even slower growth in 2022. ![]()
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