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Dropbox (DBX) Stock Price, News & Analysis

$24.15
+0.15 (+0.63%)
(As of 07/26/2024 ET)
Today's Range
$23.88
$24.29
50-Day Range
$20.76
$24.15
52-Week Range
$20.68
$33.43
Volume
1.84 million shs
Average Volume
4.07 million shs
Market Capitalization
$7.97 billion
P/E Ratio
15.99
Dividend Yield
N/A
Price Target
$29.56

Dropbox MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
22.4% Upside
$29.56 Price Target
Short Interest
Healthy
6.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.70mentions of Dropbox in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$6.67 M Sold Last Quarter
Proj. Earnings Growth
10.32%
From $1.26 to $1.39 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.54 out of 5 stars

Computer And Technology Sector

104th out of 612 stocks

Prepackaged Software Industry

32nd out of 202 stocks

DBX stock logo

About Dropbox Stock (NASDAQ:DBX)

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. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

DBX Stock Price History

DBX Stock News Headlines

The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
The next companies to potentially benefit thanks to Nvidia are …
Nvidia is pivoting to a new $1 trillion Superproject that could revolutionize the AI industry… again. And it’s enlisting a whole new set of partners.
Dropbox to Announce Second Quarter 2024 Earnings Results
Dropbox, Inc. (NASDAQ:DBX) Insider Sells $159,320.00 in Stock
3 Must-Have Stocks to Double Your Net Worth by 2030
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:DBX
Fax
N/A
Employees
2,693
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.56
High Stock Price Target
$37.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+22.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$453.60 million
Pretax Margin
24.50%

Debt

Sales & Book Value

Annual Sales
$2.50 billion
Cash Flow
$1.84 per share
Book Value
($0.49) per share

Miscellaneous

Free Float
243,021,000
Market Cap
$7.97 billion
Optionable
Optionable
Beta
0.65
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DBX Stock Analysis - Frequently Asked Questions

How have DBX shares performed this year?

Dropbox's stock was trading at $29.48 on January 1st, 2024. Since then, DBX stock has decreased by 18.1% and is now trading at $24.15.
View the best growth stocks for 2024 here
.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) announced its quarterly earnings results on Thursday, May, 9th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.13. The company earned $631.30 million during the quarter, compared to analysts' expectations of $628.81 million. Dropbox had a negative trailing twelve-month return on equity of 148.13% and a net margin of 20.50%.

When did Dropbox IPO?

Dropbox (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.

Who are Dropbox's major shareholders?

Dropbox's top institutional investors include Bank of New York Mellon Corp (0.84%), AustralianSuper Pty Ltd (0.46%), Retirement Systems of Alabama (0.25%) and Sawgrass Asset Management LLC (0.16%). Insiders that own company stock include Andrew Houston, Timothy H Young, Timothy Regan, Eric Cox, Bart Volkmer, Karen Peacock and Lisa M Campbell.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Dropbox own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dropbox investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX) and Cisco Systems (CSCO).

This page (NASDAQ:DBX) was last updated on 7/27/2024 by MarketBeat.com Staff

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