Dropbox, Mostly fundemental analysis, but looking good technical

Dropbox is one of the older data stocks, but recently launched on the NYSE. Since then, it has not been performing that well. A Philosphy that i have, is that people have alot of cash, that could be used, if it was not for the covid. This is the same for companies. I could see dropbox, being brought by a bigger player, taking their free cash flow in consideration for example.