Dropbox (NASDAQ:DBX - Get Free Report) is projected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, August 7th. Analysts expect Dropbox to post earnings of $0.63 per share and revenue of $618.60 million for the quarter. Dropbox has set its Q2 2025 guidance at EPS and its FY 2025 guidance at EPS.
Dropbox (NASDAQ:DBX - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.08. The company had revenue of $624.70 million for the quarter, compared to analysts' expectations of $619.56 million. Dropbox had a negative return on equity of 79.66% and a net margin of 18.50%. The firm's revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 earnings per share.
Dropbox Price Performance
Shares of DBX traded down $0.71 during trading hours on Friday, hitting $26.46. 4,328,635 shares of the company were exchanged, compared to its average volume of 2,964,519. The company has a market capitalization of $7.45 billion, a PE ratio of 17.29, a PEG ratio of 10.69 and a beta of 0.64. The firm has a fifty day simple moving average of $28.09 and a 200-day simple moving average of $28.41. Dropbox has a one year low of $21.32 and a one year high of $33.33.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on DBX shares. Citigroup lifted their price target on Dropbox from $30.00 to $32.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. UBS Group raised their target price on shares of Dropbox from $30.00 to $31.00 and gave the stock a "buy" rating in a report on Friday, May 9th.
Get Our Latest Research Report on DBX
Insider Buying and Selling
In related news, CEO Andrew Houston sold 319,000 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $28.48, for a total transaction of $9,085,120.00. Following the transaction, the chief executive officer directly owned 8,266,666 shares of the company's stock, valued at approximately $235,434,647.68. The trade was a 3.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider William T. Yoon sold 5,449 shares of the stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $28.94, for a total value of $157,694.06. Following the completion of the sale, the insider directly owned 245,837 shares of the company's stock, valued at approximately $7,114,522.78. This represents a 2.17% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 466,125 shares of company stock valued at $13,221,355. Company insiders own 29.95% of the company's stock.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Dropbox stock. Empowered Funds LLC increased its position in shares of Dropbox, Inc. (NASDAQ:DBX - Free Report) by 7.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,795 shares of the company's stock after acquiring an additional 2,655 shares during the period. Empowered Funds LLC's holdings in Dropbox were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 94.84% of the company's stock.
Dropbox Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Dropbox, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dropbox wasn't on the list.
While Dropbox currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
