DROPBOX

Analysis of Dropbox share price

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To set up a sound investment strategy on the Dropbox share, you absolutely must be able to carry out relevant analyses of this stock. To do so, you are going to need some useful information that we'll be discussing in this article. You will discover data about the company, its activities and sources of income, a presentation of its competitors as well as its partners and even some information to help you set up a proper fundamental analysis of this value.

Elements that can influence the price of this asset:

Analysis N°1

The changing needs and dematerialization of data which will require more and more the use of services like those offered by Dropbox.

Analysis N°2

Technological innovation being at the heart of this company's activities, you'll need to closely monitor the investments made in research and development by the group aimed at expanding its services and creating new services that meet customer needs.

Analysis N°3

You should also know the figures regarding the evolution of the number of smartphone users and the increase in Internet penetration.

Analysis N°4

The competition should also be the subject of your attention knowing the main opponents and their major publications.

Analysis N°5

You should also be interested in the possible changes of governmental regulation particularly regarding some problems of server locations which were raised by certain governments.

Analysis N°6

Possible security and confidentiality issues are also at the heart of the information followed by investors about this stock.

Analysis N°7

Finally, keep an eye on the strategic development plans of this company as well as on the actual results published each quarter and each year, making sure to also compare the figures with analysts' expectations.

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General presentation of Dropbox

Another important thing when you want to trade the Dropbox stock is to know the company and the activities it carries out. This is what we are offering now with a complete presentation of this company.

The Dropbox Inc. group is an American company specializing in online services. Specifically, this company provides online file storage and sharing services. The company provides a Dropbox collaboration platform for users to create, access, organize, share, collaborate and secure content.

Dropbox paper also gives permission for users to co-author content, tag others, assign tasks with due dates, embed and comment on files, tables, checklists and real-time code snippets.

The company also offers a Smart Sybc drop box that allows users to access their content on their computer without taking up local storage space. Finally, the Dropbox Showcase allows users to present their work to their customers, collaborators and partners through a web page.

Currently, the Dropbox group employs 2,760 people.

Analysis of Dropbox share price
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The major competitors of Dropbox

Let's explore the environment in which the Dropbox group operates with a presentation of its main competitors on the market and their general activities.

Microsoft 

With Microsoft OneDrive, Microsoft provides a set of online services including storage and applications. The service was created in 2007 and can be used via a web browser by uploading files to a server and retrieving them if needed or sharing them with other people or through the OneDrive software which allows OneDrive to be synchronized with other compatible computer media.

Google 

With Google Drive, the American giant is also a specialist in storage and sharing of files in the cloud. The service brings together several applications and has more than 240 million active users. It is used in particular to synchronize, share and modify data on several computers and with different users. Since 2018, Google Drive has been integrated into Google's global storage offering and is called Google One.

Box Inc.

Another competitor of Dropbox is this American online collaboration and file sharing company established in 2005. It offers companies a content sharing platform that is both secure and scalable. It currently has more than 280,000 corporate clients, including some large groups listed on the stock exchange.

Amazon 

Finally, the Amazon Drive service from giant Amazon, formerly known as Amazon Cloud Drive. It is an Amazon-managed cloud storage app that offers secure storage, file backup, file sharing, and photo printing. With an Amazon account, files and folders can be transferred and managed from multiple devices such as web browsers, desktop applications, mobiles and tablets. Amazon Drive also allows US users to order photo prints and photo books with the Amazon Prints service.


The major partners of Dropbox

While Dropbox has several strong adversaries in its industry, it can also count on certain strategic allies. The group regularly sets up frequent partnerships with other companies such as the ones below:

Klaxoon

In 2019, the group set up a strategic partnership with Klaxoon aimed at facilitating work in companies and that of students, teachers and researchers on campuses around the world thanks to a centralized and collaborative space. Through this new interface, it's possible to mobilize documents stored in Dropbox directly from Klaxoon and users can integrate their Dropbox content into the collaborative activities Brainstorm, Challenge and Quiz of the Klaxoon Studio.

Google

Also in 2019, it is with its competitor Google and more specifically around G Suite, Gmail and Hangouts Chat that Dropbox signed a strategic partnership. Thanks to the association with the giant and its subsidiary Google Cloud, Dropbox has enabled its users as well as G Suite users to interact seamlessly with the two services.

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Frequently Asked Questions

Who owns the capital of Dropbox?

The capital of the Dropbox group is currently partly floating and partly held by important private shareholders including The Vanguard Group with 9.72% of the shares, Pictet Asset Management SA with 4.37%, Credit Suisse Securities LLC with 4.17%, Andrew Houston with 3.65% , Renaissance Technologies LLC with 3.25%, Ninety One UK with 3.23% of the shares, Healthcare of Ontario Pension Plan with 3.22%, Fidelity Management & Research Co with 2.52%, UBS Securities LLC with 2.43% of the shares, Loomis, Sayles & Co LP with 2.41%.

How do you know how the Dropbox share will evolve?

The only way to know how the Dropbox share price is likely to change over time is to study its price carefully. To do so, you'll need to carry out a fundamental analysis based on the major publications of the group as well as a graphical analysis which is based on the study of charts and stock market movements of this share.

Which brokers allow you to trade Dropbox shares?

To speculate on the Dropbox share price, you will need to find a broker or online broker allowing you to access it. Not all classic brokers provide access to NASDAQ shares like this stock, but you can also choose to trade CFDs on Dropbox shares by joining a specialized online trading platform.

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