NASDAQ:DBX Dropbox (DBX) Stock Forecast, Price & News $24.00 +0.37 (+1.57%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$23.67▼$24.3550-Day Range$19.62▼$24.0052-Week Range$18.71▼$24.99Volume4.15 million shsAverage Volume3.30 million shsMarket Capitalization$8.39 billionP/E Ratio15.69Dividend YieldN/APrice Target$26.86 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Dropbox MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside11.9% Upside$26.86 Price TargetShort InterestBearish5.66% of Float Sold ShortDividend StrengthN/ASustainability-0.42Upright™ Environmental ScoreNews Sentiment0.82Based on 6 Articles This WeekInsider TradingSelling Shares$4.08 M Sold Last QuarterProj. Earnings Growth21.78%From $1.01 to $1.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.41 out of 5 starsComputer And Technology Sector170th out of 598 stocksPrepackaged Software Industry39th out of 214 stocks 2.1 Analyst's Opinion Consensus RatingDropbox has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.86, Dropbox has a forecasted upside of 11.9% from its current price of $24.00.Amount of Analyst CoverageDropbox has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.66% of the float of Dropbox has been sold short.Short Interest Ratio / Days to CoverDropbox has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Dropbox has recently increased by 2.82%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldDropbox does not currently pay a dividend.Dividend GrowthDropbox does not have a long track record of dividend growth. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDropbox has received a 32.16% net impact score from Upright. Dropbox seems to create the most significant positive value in categories "Taxes", "Relationships", and "Knowledge infrastructure". The positive contribution in the "Relationships" impact category is driven by its "Collaboration software", "Hosted data storage services", and "File-sharing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Dropbox is -0.42. Previous Next 3.2 News and Social Media Coverage News SentimentDropbox has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Dropbox this week, compared to 5 articles on an average week.Search InterestOnly 4 people have searched for DBX on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.MarketBeat Follows5 people have added Dropbox to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dropbox insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,079,055.00 in company stock.Percentage Held by Insiders25.78% of the stock of Dropbox is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.80% of the stock of Dropbox is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Dropbox are expected to grow by 21.78% in the coming year, from $1.01 to $1.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dropbox is 15.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Dropbox is 15.69, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 342.08.Price to Earnings Growth RatioDropbox has a PEG Ratio of 1.88. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Dropbox (NASDAQ:DBX) StockDropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers the following products: Dropbox Basic, Dropbox Plus, Dropbox Professional, and Dropbox Business. The Dropbox Basic is the simple, powerful home for photos, videos, documents, and other files. Its users also get access to Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivaled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track work from one place. The Dropbox Business is designed for small to enterprise level businesses, in which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. The company was founded by Andrew W. Houston and Arash Ferdowsi in May 2007 and is headquartered in San Francisco, CA.Read More Receive DBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dropbox and its competitors with MarketBeat's FREE daily newsletter. Email Address DBX Stock News HeadlinesMay 22, 2023 | marketbeat.commonday.com Surges on Price and Volume after Blowout Results (DBX)monday.com Ltd. (NASDAQ: MNDY) provides workflow collaboration and customer relationship management (CRM) software applications used by over 180,000 companiesJune 4, 2023 | finance.yahoo.comThe Return Trends At Dropbox (NASDAQ:DBX) Look PromisingJune 9, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!June 1, 2023 | americanbankingnews.comDropbox, Inc. (NASDAQ:DBX) CFO Timothy Regan Sells 2,585 SharesMay 28, 2023 | msn.comDropbox: Navigating The Crossroads Of Value Potential And Slowing GrowthMay 26, 2023 | bizjournals.comAfter a year of optimism, women founders find funding elusiveMay 24, 2023 | msn.comWall Street Analysts Believe Dropbox (DBX) Could Rally 25.58%: Here's is How to TradeMay 23, 2023 | finance.yahoo.comNew DocSend Report Reveals Hurdles Resurfacing for Underrepresented Founders in Tight Fundraising ClimateJune 9, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 22, 2023 | seekingalpha.comDropbox, Inc. (DBX) Presents at 51st Annual J.P. Morgan Global Technology, Media and Communications Conference (Transcript)May 22, 2023 | americanbankingnews.comAnalysts Set Dropbox, Inc. (NASDAQ:DBX) Price Target at $26.86May 20, 2023 | finance.yahoo.comIs Dropbox, Inc. (NASDAQ:DBX) Trading At A 44% Discount?May 20, 2023 | americanbankingnews.comProcore Technologies (NYSE:PCOR) & Dropbox (NASDAQ:DBX) Financial SurveyMay 16, 2023 | americanbankingnews.comHead-To-Head Contrast: Dropbox (NASDAQ:DBX) & Smith Micro Software (NASDAQ:SMSI)May 11, 2023 | msn.comGoldman Sachs Maintains Dropbox Inc - (DBX) Neutral RecommendationMay 11, 2023 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About DropboxMay 10, 2023 | finance.yahoo.comA SaaS Stock Worth Another LookMay 8, 2023 | seekingalpha.comDropbox: Proving Its CloutMay 8, 2023 | americanbankingnews.comDropbox (NASDAQ:DBX) Upgraded to "Neutral" at The Goldman Sachs GroupMay 6, 2023 | finance.yahoo.comResults: Dropbox, Inc. Beat Earnings Expectations And Analysts Now Have New ForecastsMay 5, 2023 | americanbankingnews.comJefferies Financial Group Comments on Dropbox, Inc.'s Q1 2024 Earnings (NASDAQ:DBX)May 4, 2023 | finance.yahoo.comDropbox (DBX) Q1 Earnings and Revenues Surpass EstimatesMay 4, 2023 | seekingalpha.comDropbox, Inc. (DBX) Q1 2023 Earnings Call TranscriptMay 4, 2023 | finance.yahoo.comDropbox Announces Fiscal 2023 First Quarter ResultsMay 3, 2023 | finance.yahoo.comWhen Will Investors Stop Doubting Dropbox?May 3, 2023 | finance.yahoo.comDon't Underestimate DropboxMay 3, 2023 | americanbankingnews.comShort Interest in Dropbox, Inc. (NASDAQ:DBX) Declines By 10.1%See More Headlines DBX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DBX Company Calendar Last Earnings5/04/2023Today6/09/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:DBX CUSIPN/A CIK1467623 Webwww.dropbox.com Phone(415) 857-6800FaxN/AEmployees3,118Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.86 High Stock Price Forecast$34.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+11.9%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio15.69 Forward P/E Ratio23.76 P/E Growth1.88Net Income$553.20 million Net Margins22.86% Pretax Margin7.86% Return on Equity-68.16% Return on Assets10.66% Debt Debt-to-Equity RatioN/A Current Ratio1.21 Quick Ratio1.21 Sales & Book Value Annual Sales$2.32 billion Price / Sales3.61 Cash Flow$1.47 per share Price / Cash Flow16.32 Book Value($0.89) per share Price / Book-26.97Miscellaneous Outstanding Shares349,670,000Free Float259,523,000Market Cap$8.39 billion OptionableOptionable Beta0.83 Key ExecutivesDrew HoustonChairman & Chief Executive OfficerTimothy J. ReganChief Financial OfficerDeborah A. DunnamChief Commercial OfficerMelanie CollinsChief Peoples OfficerBart E. VolkmerChief Legal OfficerKey CompetitorsNational InstrumentsNASDAQ:NATIGitLabNASDAQ:GTLBNutanixNASDAQ:NTNXSmartsheetNYSE:SMARThe Descartes Systems GroupNASDAQ:DSGXView All CompetitorsInsiders & InstitutionsLevel Four Advisory Services LLCBought 27,363 shares on 6/5/2023Ownership: 0.043%Aurora Investment CounselSold 69,312 shares on 6/5/2023Ownership: 0.000%Ontario Teachers Pension Plan BoardBought 6,746 shares on 6/1/2023Ownership: 0.006%Timothy ReganSold 2,585 sharesTotal: $57,128.50 ($22.10/share)Mint Tower Capital Management B.V.Sold 27,100 shares on 5/24/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions DBX Stock - Frequently Asked Questions Should I buy or sell Dropbox stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DBX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBX, but not buy additional shares or sell existing shares. View DBX analyst ratings or view top-rated stocks. What is Dropbox's stock price forecast for 2023? 6 brokers have issued 1-year price targets for Dropbox's stock. Their DBX share price forecasts range from $20.00 to $34.00. On average, they expect the company's stock price to reach $26.86 in the next twelve months. This suggests a possible upside of 11.9% from the stock's current price. View analysts price targets for DBX or view top-rated stocks among Wall Street analysts. How have DBX shares performed in 2023? Dropbox's stock was trading at $22.38 at the beginning of the year. Since then, DBX stock has increased by 7.2% and is now trading at $24.00. View the best growth stocks for 2023 here. When is Dropbox's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our DBX earnings forecast. How were Dropbox's earnings last quarter? Dropbox, Inc. (NASDAQ:DBX) released its earnings results on Thursday, May, 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.08. The company earned $611.10 million during the quarter, compared to analyst estimates of $601.40 million. Dropbox had a negative trailing twelve-month return on equity of 68.16% and a net margin of 22.86%. What ETFs hold Dropbox's stock? ETFs with the largest weight of Dropbox (NASDAQ:DBX) stock in their portfolio include Global X Cloud Computing ETF (CLOU), UPHOLDINGS Compound Kings ETF (KNGS), ERShares Entrepreneurs ETF (ENTR), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), Wedbush ETFMG Global Cloud Technology ETF (IVES), iShares Virtual Work and Life Multisector ETF (IWFH), Fidelity Cloud Computing ETF (FCLD) and WisdomTree Cloud Computing Fund (WCLD). What guidance has Dropbox issued on next quarter's earnings? Dropbox issued an update on its earnings guidance on Saturday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $2.47 billion-$2.48 billion, compared to the consensus revenue estimate of $2.48 billion. What other stocks do shareholders of Dropbox own? Based on aggregate information from My MarketBeat watchlists, some companies that other Dropbox investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Cisco Systems (CSCO), Intel (INTC), Block (SQ) and Salesforce (CRM). When did Dropbox IPO? (DBX) raised $612 million in an IPO on Friday, March 23rd 2018. The company issued 36,000,000 shares at $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan, Deutsche Bank Securities, Allen & Company and BofA Merrill Lynch acted as the underwriters for the IPO and RBC Capital Markets, Jefferies, Macquarie Capital, Canaccord Genuity, JMP Securities, KeyBanc Capital Markets and Piper Jaffray were co-managers. What is Dropbox's stock symbol? Dropbox trades on the NASDAQ under the ticker symbol "DBX." Who are Dropbox's major shareholders? Dropbox's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (2.42%), Pictet Asset Management SA (1.85%), UBS Group AG (1.41%), Thrivent Financial for Lutherans (1.26%), Geode Capital Management LLC (1.11%) and First Trust Advisors LP (1.06%). Insiders that own company stock include Ajay Vashee, Andrew Houston, Bart Volkmer, David Henry Mack, Karen Peacock, Lisa M Campbell, Lisa M Campbell, Robert J Mylod, Jr, Timothy H Young, Timothy H Young and Timothy Regan. View institutional ownership trends. How do I buy shares of Dropbox? Shares of DBX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Dropbox's stock price today? One share of DBX stock can currently be purchased for approximately $24.00. How much money does Dropbox make? Dropbox (NASDAQ:DBX) has a market capitalization of $8.39 billion and generates $2.32 billion in revenue each year. The company earns $553.20 million in net income (profit) each year or $1.53 on an earnings per share basis. How many employees does Dropbox have? The company employs 3,118 workers across the globe. How can I contact Dropbox? Dropbox's mailing address is 1800 OWENS STREET, SAN FRANCISCO CA, 94158. The official website for the company is www.dropbox.com. The company can be reached via phone at (415) 857-6800 or via email at ir@dropbox.com. This page (NASDAQ:DBX) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Dropbox, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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