Dropbox (DBX) Expected to Announce Quarterly Earnings on Thursday

Dropbox (NASDAQ:DBX - Get Free Report) will likely be releasing its Q1 2025 earnings data after the market closes on Thursday, May 8th. Analysts expect Dropbox to post 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 issued 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 net margin of 17.75% and a negative return on equity of 132.63%. The company had revenue of $643.60 million during the quarter, compared to analyst estimates of $638.61 million.

Dropbox Stock Performance

Dropbox stock traded down $0.23 during mid-day trading on Friday, reaching $28.61. 4,139,767 shares of the company were exchanged, compared to its average volume of 3,632,574. The firm's 50-day simple moving average is $26.77 and its two-hundred day simple moving average is $28.44. Dropbox has a twelve month low of $20.68 and a twelve month high of $33.33. The firm has a market cap of $8.63 billion, a PE ratio of 20.29, a price-to-earnings-growth ratio of 1.70 and a beta of 0.68.

Insiders Place Their Bets

In other Dropbox news, insider Eric Cox sold 3,765 shares of the business's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $26.30, for a total transaction of $99,019.50. Following the sale, the insider now directly owns 309,550 shares in the company, valued at approximately $8,141,165. The trade was a 1.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Timothy Regan sold 2,500 shares of the stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $32.19, for a total transaction of $80,475.00. Following the completion of the transaction, the chief financial officer now owns 396,264 shares of the company's stock, valued at $12,755,738.16. This represents a 0.63 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,765 shares of company stock worth $383,995. Company insiders own 28.59% of the company's stock.

Analysts Set New Price Targets

Separately, Jefferies Financial Group lifted their price objective on shares of Dropbox from $27.00 to $30.00 and gave the company a "hold" rating in a research report on Monday, January 6th.

Dropbox Company Profile

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.