![]() ![]() It allows users to store, share, and work on digital documents online. Could this trend of remote work be a major tailwind for this cloud computing company? Let’s take a look at Dropbox stock forecast and find out.ĭropbox is a leading global collaboration platform. It notched yet another year of revenue growth as well as its first year of GAAP profitability. Due to this, many investors have been keeping an eye on Dropbox stock.ĭropbox (Nasdaq: DBX) just reported its FY 2021 earnings on February 17. For companies that offer digital collaboration tools, this could potentially mean years of increased profitability. As of now, it doesn’t look like this trend is reversing anytime soon. Very few have returned to a full-time 9am-5pm schedule in the office. Two years later, many companies are still operating fully remotely. In the face of the pandemic, remote work quickly became the norm. Since 2020, the digitization of the world has accelerated rapidly.
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