"Dropbox has been ridiculed for years, much like AutoZone once was, yet it has reduced its shares outstanding at an 8.7% annual rate and improved its EPS. However, there are concerns about its ability to drive top-line growth."
Dropbox is portrayed as a classic share cannibal that has delivered consistent EPS improvements via buybacks despite headwinds in revenue growth. The tone is cautious, highlighting the risks in its growth profile even as the capital allocation strategy remains solid.
6 Future Share Cannibals; Ryan’s New Favorite Small-Cap; Mark Leonard Tribute $CSU
September 26, 2025
Company Opinion