Dropbox downgraded by JP Morgan with a new price target
$DBX
Computer Software: Prepackaged Software
Technology
JP Morgan downgraded Dropbox from Overweight to Neutral and set a new price target of $30.00 from $33.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/16/2024 | $26.00 → $24.00 | Neutral → Sell | Goldman |
| 2/16/2024 | $33.00 → $30.00 | Overweight → Neutral | JP Morgan |
| 2/16/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 2/16/2024 | $34.00 → $28.00 | Buy → Underperform | BofA Securities |
| 12/15/2023 | $36.00 | Buy | UBS |
| 9/18/2023 | Outperform → Mkt Perform | William Blair | |
| 5/8/2023 | $22.00 → $25.00 | Sell → Neutral | Goldman |
| 1/5/2023 | $25.00 | Buy → Hold | Jefferies |
First Quarter Revenue of $624.7 Million, down 1.0% year-over-year; on a constant currency basis, down 0.6% year-over-year GAAP Operating Margin of 29.4% and Non-GAAP Operating Margin of 41.7% Net Cash Provided by Operating Activities of $153.8 Million and Free Cash Flow of $153.7 Million Dropbox, Inc. (NASDAQ:DBX) today announced financial results for its first quarter ended March 31, 2025. "We've had a productive start to the year improving the Dash user experience and making targeted investments to simplify and strengthen our core FSS product," said Dropbox Co-Founder and Chief Executive Officer Drew Houston. "More recently, our Spring launch introduced key new Dash features designed
Today, Dropbox, Inc. (NASDAQ:DBX) announced a major update to Dropbox Dash, its universal search and knowledge management product. The improved Dash now features advanced video and image search across connected platforms—and goes beyond search to speed up content creation. Dash now has purpose-built AI tools for writing, analyzing, and summarizing documents from across customers' favorite platforms. And deeper integrations with essential apps like Slack and Microsoft Teams help users spend less time searching for content and more time creating. "Knowledge workers waste more than a month a year just looking for information and switching between apps," said Drew Houston, co-founder and CEO o
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the first quarter ended March 31, 2025 after market close on Thursday, May 8, 2025. 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. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquartere
Goldman downgraded Dropbox from Neutral to Sell and set a new price target of $24.00 from $26.00 previously
JMP Securities downgraded Dropbox from Mkt Outperform to Mkt Perform
JP Morgan downgraded Dropbox from Overweight to Neutral and set a new price target of $30.00 from $33.00 previously