The average revenue per user improved from $117.64 in 2018 to $123.07 in 2019 and $128.50 in 2020.Īdditional metrics to model DBX stock predictions include a four-times improvement in the percentage of paying users on premium plans from just 5% at the end of 2017 to 20% at the end of 2020. Paying users improved from 12.7 million in 2018 to 14.31 million in 2019 and 15.48 million in 2020. Revenue, free cash flow, non-GAAP gross margin, and non-GAAP operating margin grew for the third consecutive year.Īmong the more closely followed metrics to better understand the Dropbox stock forecast, annual recurring revenue rose from $1.51 billion in 2018 to $1.811 billion in 2019 and $2.022 billion in 2020. The company ended the year with more than 700 million registered users, 15.48 million of which are paying users.

Given the multi-years worth of underperformance and a frustrated investor base, does the latest Dropbox stock news justify buying shares at current levels?ĭropbox reported fourth quarter and full-year 2020 results in February. While the stock has staged an impressive rebound over the past year and is up more than 50%, Dropbox’s stock has still underperformed the broader Nasdaq index that is up around 85% over the same one-year period. In fact, the stock has never challenged its all-time highs and is down roughly 4% since its 2018 debut. The stock ran higher to an all-time high of around $40 per share within a few months of its public debut but has since lost all momentum. Many people that aren’t familiar with the company will certainly recognise its blue logo.ĭropbox became a public company in early 2018 at $29 per share.

Dropbox operates on the cloud, which makes a user’s files accessible online from anywhere, at any time, and on any device. Read more: Crowdstrike (CRWD) stock forecast 2021-2025: strong earnings make it a top growth stock pickĭropbox (DBX) is a technology company that helps individuals and businesses securely store and share files with each other.

Dropbox (DBX) stock forecast for 2021-2025: encouraging long-term strategy.US30 US Wall Street 30 (USA 30, Dow Jones)

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