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**Company Overview**
**Name:** Dropbox, Inc.
**Symbol:** DBX
**Exchange:** Nasdaq Global Select Market
**Business Description:**
Dropbox is a cloud-based file storage, sharing, and collaboration platform. It enables users to store, access, and share files securely from any device.
**Key Metrics**
**Market Capitalization:** $10.8 billion (as of March 8, 2023)
**Revenue:** $2.6 billion (FY 2022)
**Net Income:** $1.2 billion (FY 2022)
**Earnings Per Share (EPS):** $1.95 (FY 2022)
**Financial Performance**
**Revenue Growth:**
* 12% year-over-year growth in FY 2022
* 10% year-over-year growth in Q4 2022
**Net Income Growth:**
* 50% year-over-year growth in FY 2022
* 30% year-over-year growth in Q4 2022
**EPS Growth:**
* 47% year-over-year growth in FY 2022
* 25% year-over-year growth in Q4 2022
**Growth Drivers**
* Expansion into new markets and industries
* Increased adoption of cloud-based storage and collaboration tools
* Development of new features and integrations
* Focus on enterprise customers
**Risks**
* Competition from other cloud storage providers
* Data security and privacy concerns
* Economic downturns that could reduce demand for cloud services
**Analyst Recommendations**
According to Refinitiv, the consensus analyst recommendation for Dropbox is "Buy" with an average price target of $30.00.
**Key Takeaways**
Dropbox is a leading cloud storage and collaboration platform with strong financial performance and growth potential. The company is well-positioned to benefit from the increasing adoption of cloud-based tools and its focus on enterprise customers. However, it faces competition and risks associated with data security and economic downturns.