Latest news with #DBX
Business Insider
6 hours ago
- Business
- Business Insider
Analysts Offer Insights on Technology Companies: Dropbox (DBX) and Caci International (CACI)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Dropbox (DBX – Research Report) and Caci International (CACI – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Dropbox (DBX) In a report released yesterday, Brent Thill from Jefferies maintained a Hold rating on Dropbox, with a price target of $30.00. The company's shares closed last Friday at $26.91. According to Thill is a 5-star analyst with an average return of 13.3% and a 63.3% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, CoreWeave, Inc. Class A, and Palantir Technologies. Currently, the analyst consensus on Dropbox is a Hold with an average price target of $29.17, implying a 6.7% upside from current levels. In a report issued on July 29, Citi also maintained a Hold rating on the stock with a $32.00 price target. Caci International (CACI) In a report issued on August 8, David E. Strauss from Barclays maintained a Buy rating on Caci International, with a price target of $545.00. The company's shares closed last Friday at $494.89. According to Strauss is a 5-star analyst with an average return of 10.1% and a 65.2% success rate. Strauss covers the Industrial Goods sector, focusing on stocks such as Voyager Technologies, Inc. Class A, L3Harris Technologies, and Huntington Ingalls. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Caci International with a $531.00 average price target, which is a 6.2% upside from current levels. In a report issued on July 24, Truist Financial also maintained a Buy rating on the stock with a $550.00 price target.
Yahoo
3 days ago
- Business
- Yahoo
Dropbox Inc (DBX) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Optimism
Revenue: $626 million, a decline of 1.4% year over year. Constant Currency Revenue: $626 million, a decline of 1.3% year over year. Total ARR: $2.542 billion, down 1.2% year over year. Gross Margin: 82.2%, down 230 basis points from the previous year. Operating Margin: 41.5%, up 560 basis points from the previous year. Net Income: $198 million, up 2% year over year. Diluted EPS: $0.71, an 18% increase year over year. Cash Flow from Operations: $261 million, a 13% increase year over year. Capital Expenditures: $2 million. Unlevered Free Cash Flow: $276 million or $1 per share. Paying Users: 18.13 million, a sequential decline of approximately 34,000 users. Average Revenue Per Paying User (ARPU): $138.32, down from $139.26 in the prior quarter. Share Repurchase: Approximately 14 million shares repurchased, spending approximately $400 million. Cash and Short-term Investments: $955 million. Warning! GuruFocus has detected 3 Warning Signs with DBX. Release Date: August 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Dropbox Inc (NASDAQ:DBX) reported revenue ahead of guidance, showcasing strong financial performance. The company achieved a significant operating margin of 41.5%, exceeding expectations. Dropbox Inc (NASDAQ:DBX) is seeing positive early signals with its Dash product, including increased user engagement and adoption. The company has made improvements in user onboarding and retention, leading to higher activation and setup rates. Dropbox Inc (NASDAQ:DBX) is successfully optimizing its outbound sales motion and improving onboarding flows, which is expected to drive further growth. Negative Points Total revenue declined by 1.4% year over year, impacted by strategic decisions related to FormSwift and outbound sales reductions. The company experienced a sequential decline of approximately 34,000 paying users, primarily due to reduced investment in FormSwift. Average revenue per paying user (ARPU) decreased sequentially, influenced by FormSwift and the rollout of the simple plan. Gross margin decreased by 230 basis points year over year due to data center refresh cycle support. Dropbox Inc (NASDAQ:DBX) anticipates a decline of approximately 1.5% in paying users for the full year, with FormSwift contributing to half of this decline. Q & A Highlights Q: Can you discuss the positive early signals and retention metrics observed among early Dash adopters versus existing cohorts? A: Andrew Houston, CEO, explained that the focus has been on building a great product experience. The April launch of features like image and media search has shown double-digit engagement. Key onboarding metrics, such as license provisioning and retention rates, have improved significantly, indicating strong early adoption and retention among new customers. Q: What improvements have been seen due to changes in the cancellation flow? A: Andrew Houston noted that by better articulating the value Dropbox provides, especially during the cancellation process, they have seen improvements in retention. Customers often aren't fully aware of the depth of their usage, and clearer messaging has helped reduce churn. Q: Despite better-than-expected churn, why is the guidance for a 300,000 user decline maintained? A: Timothy Regan, CFO, stated that while FormSwift is performing well, they still expect it to account for roughly half of the 300,000 user decline. The remainder is due to expected near-term down sales across managed sales motions. Positive momentum in retention efforts has contributed to raising full-year guidance. Q: What is the timeline and focus for the self-serve version of Dash, and what are the monetization expectations? A: Andrew Houston mentioned plans to launch a self-serve version of Dash similar to Dropbox 1.0, targeting both new users and existing Dropbox self-serve business accounts. Monetization will involve separate subscriptions for non-FSS users and add-on packages for existing FSS customers. Timothy Regan added that while Dash's contribution to revenue growth will take time, expectations are reflected in current guidance. Q: How is Dropbox navigating API access limitations from partners like Slack? A: Andrew Houston explained that while Slack has changed some APIs, Dropbox maintains access and a good partnership with them. Although some technical adjustments are needed, Dropbox continues to provide value through integrations. Houston emphasized that customer data access is crucial, and Dropbox's ability to integrate deeply could be a competitive advantage for Dash. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Miami Herald
01-08-2025
- Automotive
- Miami Herald
Aston Martin May Sell Stake in Formula 1 Racing Team and Go Private in Turnaround Efforts
Despite coming up with some compelling vehicles in recent years, Aston Martin has continued to struggle financially, leading it to some tough decisions as it plots a path forward. Among other efforts, the storied British automaker reportedly plans to sell its stake in its Formula 1 racing team, and some expect the company to delist itself from the London Stock Exchange. Aston only owns 4.6 percent of the racing team, but the sale would raise $146 million for the company, which desperately needs cash. The automaker cited tariffs and a slowdown in China for its struggles, saying it would only break even this year, which caused a drop in its share prices. The company's stock market valuation has dropped from almost $6 billion in late 2018 to just over $1 billion today. That said, the F1 team sale valued the company at $3.2 billion. Related: 2025 Aston Martin Vanquish Volante First Drive Review: Not For the Faint of Heart While Aston Martin won't have a stake in the F1 team after the sale, it will continue a relationship with the sport through naming and branding agreements, so we won't see a change on the grid. The automaker's car lineup is one of the most compelling in its history, so there are reasons for Aston to be encouraged. Its first SUV, the DBX has grown to account for almost half of its sales, and other new models have received stellar reviews from customers and critics. Lawrence Stroll acquired the Force India F1 team in 2018 and transformed it into the Aston team we know today. Stroll and his partners have continue investing in the business, but many credit Netflix's Drive to Survive with bringing the sport's value to an all-time high. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Auto Blog
01-08-2025
- Automotive
- Auto Blog
Aston Martin May Sell Stake in Formula 1 Racing Team and Go Private in Turnaround Efforts
Tesla is falling behind BYD in several key international markets, but its rival's recent operational struggles are opening a door of opportunity. Despite coming up with some compelling vehicles in recent years, Aston Martin has continued to struggle financially, leading it to some tough decisions as it plots a path forward. Among other efforts, the storied British automaker reportedly plans to sell its stake in its Formula 1 racing team, and some expect the company to delist itself from the London Stock Exchange. Aston only owns 4.6 percent of the racing team, but the sale would raise $146 million for the company, which desperately needs cash. The automaker cited tariffs and a slowdown in China for its struggles, saying it would only break even this year, which caused a drop in its share prices. The company's stock market valuation has dropped from almost $6 billion in late 2018 to just over $1 billion today. That said, the F1 team sale valued the company at $3.2 billion. While Aston Martin won't have a stake in the F1 team after the sale, it will continue a relationship with the sport through naming and branding agreements, so we won't see a change on the grid. The automaker's car lineup is one of the most compelling in its history, so there are reasons for Aston to be encouraged. Its first SUV, the DBX has grown to account for almost half of its sales, and other new models have received stellar reviews from customers and critics. 2025 Aston Martin DBX 707 — Source: Kyle Edward Lawrence Stroll acquired the Force India F1 team in 2018 and transformed it into the Aston team we know today. Stroll and his partners have continue investing in the business, but many credit Netflix's Drive to Survive with bringing the sport's value to an all-time high. About the Author Chris Teague View Profile
The Independent
01-08-2025
- Automotive
- The Independent
MG IM6 review: So near, yet so far from the Tesla Model Y
Dot, slash, slash, dot. It could be morse code for 'Tesla rival', but no – it's the weird badge on the nose of the new MG IM6. The IM6 is an MG, but it could just as easily have been an IM – a posh brand from MG owner SAIC in China. Instead, it's a muddle of two brands, which is a shame for a car that has a front boot full of promise. The IM6 is a smart-looking all-electric SUV with a vague hint of the Aston Martin DBX about it, especially at the back. The quality of the paintwork is good, and that extends to the materials used inside. The IM6 feels properly posh. There's plenty of space inside, too, along with a decent-sized boot. And when you start to tot up the tech it's pretty much as good as anything else at this price, and better in some ways. The adaptive cruise control works well, the self-parking is swift and accurate, and it'll retrace its steps for 100 meters in reverse – you might be surprised how useful that might be. The numbers for the electric powertrain stack up nicely, too. You'll most likely want the 100 Long Range model with its 100kWh battery. It claims a Tesla-beating 388 miles of range and Tesla-beating charging speeds, too. You can see why the IM6 is so tempting then, as long as you can live with the ride quality, which is a bit too firm for my liking. How we tested After spending a morning driving the IM5 hatch, I spent the afternoon in a couple of IM6 SUV models: the 100 Performance and 100 Launch Edition. I drove on a wide variety of roads from motorways to tight town streets and even went to Tesco to try out the self-parking systems. And, of course, I rode in the back and checked on the practicality details. Independent rating: 7/10 Pros Spacious, good quality, range and charging speed, loads of innovative kit Cons Ride is too firm, poor rear visibility MG IM6 specs Price range: £47,995 to £52,995 Battery size: 100kWh Maximum claimed range: 388 miles Miles per kWh: 3.4 Maximum charging rate: 396kW Battery, range, charging, performance and drive Unlike the IM5, there's only one battery option in the IM6 – an enormous 100kWh pack sitting under the floor. It's a shame as a cheaper, slightly lighter IM6 could be really appealing – and might be more comfortable over bumps and potholes. As it is, there are three versions with the 100kWh battery: Long Range, Performance and Launch Edition. The Long Range model has rear drive and a claimed maximum range of 388 miles and will still get from 0-62mph in 5.4 seconds, all pretty much spot on with the Long Range Rear Drive Tesla Model Y. The Performance IM6 gets four-wheel drive and will go for a claimed 313 miles on a single charge, while getting from 0-62mph in 3.5 seconds. It's cheaper, quicker but won't go as far on a charge as a Model Y Long Range All-Wheel Drive. There isn't currently a Performance Model Y. At the top of the IM6 range is the Launch Edition which shares the Performance model's stats, but gets air suspension, supposedly to give it a more cushioned ride. More of that in a bit. Whichever IM6 you get you'll benefit from 800-volt technology that – among other things – gives you charging at speeds up to 396kW. That equates to a 10 to 80 per cent charge on a fast 350kW charger in just 17 minutes – really impressive stuff. Less impressive is the way the IM6 drives. It's not horrendous, but I found the Launch Edition to be too firm, crashing over potholes that other cars would manage with less fuss. As much as the straight-line speed is impressive, this is no sports car. The taller body of the IM6 means there's a bit more body lean through corners, while the steering felt a bit too heavy in the Launch Edition car. Sadly, the Performance car without the air suspension rides slightly worse, although the steering felt more responsive. MG says that there are tweaks that they plan to do before cars reach showrooms and go on to customers in September – let's hope they can get the company's UK-based engineers to work some magic on the suspension, too. Interior, practicality and boot space Like the IM5, whichever IM6 you go for, you'll get the same level of kit inside – the only difference I could spot on the spec sheet was a snow mode in the four-wheel drive cars. Every model gets the same super-impressive level of quality inside, too, and the same modern and easy-to-use layout. The materials used around the cabin feel properly premium, while there's acres of space in the comfy back seats and a great view forward and up through the standard full-length glass roof. Also, just like the IM5, there's a tiny rear-view mirror giving you a view through the tiny rear window. Thankfully, there's the same clever feature that gives you a view from a rear-facing camera on the infotainment screen if you push the right-hand button on the steering wheel upwards. I'd rather just have a better view out of the back, personally. The impressive space inside continues in the boot where the rear door swings up high (and is powered, of course) to reveal an impressive 665 litres of space. That increases to 1,640 litres with the seats down. There's also a decent 32-litre cubby under the bonnet, too. As with the IM5 there's not that much storage around the driver for odds and ends, with only one wireless phone charger, too. Otherwise, the driving environment is good with comfortable, heated and cooled powered seats covered in a faux leather. Technology, stereo and infotainment The MG IM6 is one of those cars that quietly surprises you — not just with its tech, but with how genuinely useful some of it turns out to be. Take reversing, for example. You know that awkward moment when you meet another car on a narrow lane and realise you've got to back up? Most cars leave you nervously glancing over your shoulder or relying on vague beeping sensors. Not the IM6. It remembers the last 100 metres you've driven — precisely. Then, with the press of a button, it retraces its tyre tracks backwards, even around bends or through car parks. It's eerily accurate and brilliant in real-world use. Parking tech is just as slick. Unlike systems that faff about and never quite get it right, the IM6 parks itself quickly and confidently. It'll even shuffle a bit closer to the kerb if your parallel parking isn't textbook-perfect. Inside, everything runs through screens – two of them, in fact. A huge, super-wide 26in display stretches across the dash for driving and infotainment duties, with wireless Apple CarPlay and Android Auto built in. A second 10in touchscreen sits lower down for climate control, settings and that clever parking feature. Just ignore the weirdly labelled 'Ramdon' climate mode – hopefully just a typo rather than a setting to avoid. There are other clever touches too. Indicate left or right, and a live feed from the digital mirrors pops up on the corresponding side of the big screen. Better still, the indicator clicks come out of the correct speaker – a small but oddly satisfying detail. Adaptive cruise control is present and correct, operated via neat paddles behind the wheel to adjust speed and following distance. Driver assistance systems are comprehensive, if predictable these days – lane-keep, collision avoidance and the rest are all onboard. The cabin tech has its hits and misses, though. MG boasts about the IM6's 20-speaker audio system, complete with 'Sky Speakers' in the roof. In reality, the sound was a bit flat, lacking punch and clarity – not what you expect from a system with such a headline. Similarly, the voice control ('Hello IM' rather than 'Hello MG') was more reluctant than responsive, and while the single wireless phone charger is ventilated to keep your phone cool, it seems a missed opportunity not to offer two, like many rivals do. Still, there's a lot to like here. The IM6 doesn't just load up on tech for the sake of it – some of it, like that reverse memory and clever screen integration, feels genuinely helpful. A bit more polish and it'd be even more compelling. Prices and running costs If there was more of an advantage for the IM6 over the Tesla Model Y, I'd be more inclined to recommend it. As it is the Long Range car at £47,995 is £995 cheaper than the equivalent Model Y, which I would say is more than £995 better. The Performance IM6 at £50,995 doesn't have a real rival in the Model Y line-up, but measures up well against the Model Y Long Range All-Wheel Drive, while the Launch Edition I don't think I'd bother with at £52,995 – the adaptive air suspension doesn't improve the ride enough and I preferred the steering in the Performance model. What I would say on price is that MG dealers are more likely to talk discounts than Tesla retailers would be. MG IM6 rivals Tesla Model 3 Xpeng G6 BYD Sealion 7 FAQs How long does it take to charge? The 100kWh IM6 supports 800-volt charging at up to 396kW, enabling a 10–80 per cent charge in 17 minutes with a compatible fast charger. How much does it cost - is it worth it? Prices start at £47,995 for the 100 Long Range car going up to £52,995 for the 100 Launch Edition, which I wouldn't bother with. If you must have four-wheel drive, go for the 100 Performance model at £50,995. MG dealers might knock a few pounds off those prices, too. Does MG replace batteries for free? The IM6's battery is covered by an eight-year, 100,000-mile warranty, the same as all other EVs. MG provides a seven-year warranty for the remainder of the vehicle. Why trust us Our team of motoring experts have decades of experience driving, reviewing and reporting on the latest EV cars, and our verdicts are reached with every kind of driver in mind. We thoroughly test drive every car we recommend, so you can be sure our verdicts are honest, unbiased and authentic. The verdict: MG IM6 In the IM6 versus Model Y battle, the MG has much in its favour. It looks good, has more space inside than the Tesla, better build quality and is strong on tech, too. The MG is ever-so-slightly cheaper and goes ever-so-slightly further than the Tesla, too. The sticking point is that the IM6 is neither as good to drive or as comfortable to be in as the Tesla – the ride in particular is just too jittery.
