Dropbox (NASDAQ:DBX - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Dropbox to announce earnings of $0.62 per share and revenue of $619.56 million for the quarter. Dropbox has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.
Dropbox (NASDAQ:DBX - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.11). Dropbox had a negative return on equity of 132.63% and a net margin of 17.75%. The firm had revenue of $643.60 million for the quarter, compared to the consensus estimate of $638.61 million.
Dropbox Trading Up 0.4 %
Dropbox stock traded up $0.13 during midday trading on Tuesday, reaching $29.11. The stock had a trading volume of 420,260 shares, compared to its average volume of 3,618,923. Dropbox has a 12 month low of $20.68 and a 12 month high of $33.33. The company has a fifty day moving average price of $26.81 and a two-hundred day moving average price of $28.47. The company has a market capitalization of $8.78 billion, a P/E ratio of 20.62, a PEG ratio of 1.70 and a beta of 0.68.
Insider Activity at Dropbox
In related news, CFO Timothy Regan sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, March 28th. The shares were sold at an average price of $26.57, for a total value of $66,425.00. Following the transaction, the chief financial officer now owns 367,791 shares of the company's stock, valued at approximately $9,772,206.87. This trade represents a 0.68 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Eric Cox sold 3,765 shares of the company's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $26.30, for a total value of $99,019.50. Following the completion of the sale, the insider now owns 309,550 shares of the company's stock, valued at $8,141,165. This trade represents a 1.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,765 shares of company stock valued at $383,995 in the last 90 days. Corporate insiders own 28.59% of the company's stock.
Analysts Set New Price Targets
Separately, Jefferies Financial Group upped their price target on Dropbox from $27.00 to $30.00 and gave the company a "hold" rating in a research report on Monday, January 6th.
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Dropbox Company Profile
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Dropbox, Inc provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries.
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