DBX Stock Recent News

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

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, there are only a handful of stocks out there that are plummeting right now.

Dropbox beat expectations for the fourth quarter of 2023, but guidance for 2024 was weak. Investors should be looking at whether Dropbox has become a good value stock in software.

Dropbox's (DBX) fourth-quarter 2023 results benefit from an increase in average revenue per paying user.

Analysts reduce their ratings on Dropbox after the company issues disappointing revenue guidance.

Dropbox, Inc. (DBX) Q4 2023 Earnings Call Transcript

Dropbox (DBX) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.40 per share a year ago.

Growth stocks are the best investments for people pursuing maximum long-term returns. These equities can outperform the stock market and reward long-term investors.

The Tech Sector, XLK, dominated market performance in 2023, with seven of the biggest names capping off a banner year. SA Quant's Top 10 Tech Stocks for 2023 were up 43.6%, outperforming the S&P 500 by almost 20%, including SMCI +255%, ACLS +68%, and FN +50% through December 31st*. For 2024, the SA Quant Team selected a new list of 10 tech stocks with a focus on emerging technologies and innovation, particularly companies eager to leverage AI and ChatGPT.

Every day for the next three weeks, we're going to highlight one of Schaeffer's top 12 picks for 2024.