Dropbox Announces Fiscal 2023 First Quarter Results

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Dropbox (DBX) 'favorably positioned' to introduce AI functionality, says Goldman Sachs

May 8, 2023 8:55 AM EDT

Dropbox (NASDAQ: DBX) was raised to Neutral from Sell by Goldman Sachs analyst Kash Rangan, who also raised the firm's price target on the stock to $25 from $22 per share in a note Monday.

The analyst's upgrade follows the company's recent results. He told investors in a note that... More

Dropbox (DBX) Tops Q1 EPS by 3c

May 4, 2023 4:05 PM EDT

Dropbox (NASDAQ: DBX) reported Q1 EPS of $0.42, $0.03 better than the analyst estimate of $0.39. Revenue for the quarter came in at $611.1 million versus the consensus estimate of $591.5 million.

For earnings history and earnings-related data on Dropbox (DBX) click here.

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