Dropbox stock is set to soar in 2021🚀 | Dropbox Q1 Earnings Analysis & Recent News! (Hidden Gems!) episode artwork

EPISODE · Jun 21, 2021 · 7 MIN

Dropbox stock is set to soar in 2021🚀 | Dropbox Q1 Earnings Analysis & Recent News! (Hidden Gems!)

from ElBlanco Finance · host ElBlanco

Today we take a deep dive in Dropbox's excellent Q1 financial earnings and talk about what management plans for DBX in the future. Why should Dropbox be worth billions? Is it finally the time to buy DBX stock?    🚀 Join the VIP Membership Group (Discord) today! ► https://fiveorlessfinance.com/ My last Dropbox stock analysis https://youtu.be/1onOA0W03AY 🔥   Although there has been a lack of catalysts and the conference calls are boring to say the least, the stock has increased by more than 50% since my first video on DBX. Why? Constant organic growth.  DBX is repurchasing shares using their free cash flow, not debt. Dropbox projects its annual cashflow to reach 1B by 2024. As pointed earlier, it increased its FCF by more than 400% YoY. At this rate, the goal could be reached earlier than expected. Acquisition of Docsend March 2021. This company is used by over 20000 companies and allows a secured sharing of documents and real-time action and feedback. Elliott Management, one of the biggest activist funds in the world, bought more than 10% of Dropbox. This fund is well known for working with companies such as AT&T, Softbank group, Twitter, Comcast.    #DBX #Dropbox #stockstobuy

Episode metadata supplied by the publisher feed · Published Jun 21, 2021

Embed this episode

NOW PLAYING

Dropbox stock is set to soar in 2021🚀 | Dropbox Q1 Earnings Analysis & Recent News! (Hidden Gems!)

0:00 7:27

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of ElBlanco Finance?

This episode is 7 minutes long.

When was this ElBlanco Finance episode published?

This episode was published on June 21, 2021.

Can I download this ElBlanco Finance episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!