Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, May 16, 2023

Dropbox Valuation. 2023


 

Dropbox Inc, at the current 7.9 billion USD market capitalization is undervalued, according to Wolfteam Ltd.'s corporate opinion.

Cloud computing is the future of computing and thus part of the future of humanity.

Dropbox Inc's revenue grew 8.66 % year on year in 1Q2023, so Dropbox's business is still growing.

The main reason Dropbox is undervalued, Wolfteam Ltd. estimates, is the competition from similar cloud services of leading technology companies like Apple, Alphabet(Google cloud) and Microsoft.

Cloud computing could soon be 700 billion USD annual revenue market. Dropbox's strategy makes the company perfectly positioned to benefit extraordinarily form the cloud mega trend and unlock Dropbox's significant hidden value.


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