S&P 500   5,143.63 (+0.13%)
DOW   39,032.28 (-0.14%)
QQQ   445.76 (+0.03%)
AAPL   175.22 (-2.47%)
MSFT   415.55 (+0.01%)
META   500.35 (-0.39%)
GOOGL   133.77 (-2.46%)
AMZN   178.29 (+0.04%)
TSLA   189.64 (-6.42%)
NVDA   869.95 (+5.73%)
NIO   5.38 (-6.92%)
AMD   208.60 (+2.94%)
BABA   71.93 (-3.60%)
T   16.79 (-1.12%)
F   12.86 (+3.29%)
MU   97.20 (+2.15%)
CGC   3.06 (-4.67%)
GE   160.90 (+1.42%)
DIS   113.97 (+1.80%)
AMC   4.34 (-0.46%)
PFE   25.78 (-3.05%)
PYPL   60.16 (-0.63%)
XOM   104.37 (-1.39%)
S&P 500   5,143.63 (+0.13%)
DOW   39,032.28 (-0.14%)
QQQ   445.76 (+0.03%)
AAPL   175.22 (-2.47%)
MSFT   415.55 (+0.01%)
META   500.35 (-0.39%)
GOOGL   133.77 (-2.46%)
AMZN   178.29 (+0.04%)
TSLA   189.64 (-6.42%)
NVDA   869.95 (+5.73%)
NIO   5.38 (-6.92%)
AMD   208.60 (+2.94%)
BABA   71.93 (-3.60%)
T   16.79 (-1.12%)
F   12.86 (+3.29%)
MU   97.20 (+2.15%)
CGC   3.06 (-4.67%)
GE   160.90 (+1.42%)
DIS   113.97 (+1.80%)
AMC   4.34 (-0.46%)
PFE   25.78 (-3.05%)
PYPL   60.16 (-0.63%)
XOM   104.37 (-1.39%)
S&P 500   5,143.63 (+0.13%)
DOW   39,032.28 (-0.14%)
QQQ   445.76 (+0.03%)
AAPL   175.22 (-2.47%)
MSFT   415.55 (+0.01%)
META   500.35 (-0.39%)
GOOGL   133.77 (-2.46%)
AMZN   178.29 (+0.04%)
TSLA   189.64 (-6.42%)
NVDA   869.95 (+5.73%)
NIO   5.38 (-6.92%)
AMD   208.60 (+2.94%)
BABA   71.93 (-3.60%)
T   16.79 (-1.12%)
F   12.86 (+3.29%)
MU   97.20 (+2.15%)
CGC   3.06 (-4.67%)
GE   160.90 (+1.42%)
DIS   113.97 (+1.80%)
AMC   4.34 (-0.46%)
PFE   25.78 (-3.05%)
PYPL   60.16 (-0.63%)
XOM   104.37 (-1.39%)
S&P 500   5,143.63 (+0.13%)
DOW   39,032.28 (-0.14%)
QQQ   445.76 (+0.03%)
AAPL   175.22 (-2.47%)
MSFT   415.55 (+0.01%)
META   500.35 (-0.39%)
GOOGL   133.77 (-2.46%)
AMZN   178.29 (+0.04%)
TSLA   189.64 (-6.42%)
NVDA   869.95 (+5.73%)
NIO   5.38 (-6.92%)
AMD   208.60 (+2.94%)
BABA   71.93 (-3.60%)
T   16.79 (-1.12%)
F   12.86 (+3.29%)
MU   97.20 (+2.15%)
CGC   3.06 (-4.67%)
GE   160.90 (+1.42%)
DIS   113.97 (+1.80%)
AMC   4.34 (-0.46%)
PFE   25.78 (-3.05%)
PYPL   60.16 (-0.63%)
XOM   104.37 (-1.39%)

Dropbox (DBX) Stock Price, News & Analysis

$24.23
+0.09 (+0.37%)
(As of 03:21 PM ET)
Today's Range
$24.11
$24.62
50-Day Range
$23.26
$33.16
52-Week Range
$18.71
$33.43
Volume
3.28 million shs
Average Volume
4.06 million shs
Market Capitalization
$8.33 billion
P/E Ratio
18.36
Dividend Yield
N/A
Price Target
$30.11

Dropbox MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
24.3% Upside
$30.11 Price Target
Short Interest
Bearish
6.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.63mentions of Dropbox in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$392,935 Sold Last Quarter
Proj. Earnings Growth
15.79%
From $1.14 to $1.32 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.

4.81 out of 5 stars

Computer And Technology Sector

30th out of 596 stocks

Prepackaged Software Industry

9th out of 206 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

Dropbox's stock is a falling knife worth catching
When does a falling knife become just too tempting not to try and catch? With the broader equity market surging to record highs on the back of a risk-on sentiment that keeps getting stronger, there are only a handful of stocks out there that are plummeting right now.
Dropbox’s stock is a falling knife worth catching (DBX)
With the broader equity market surging to record highs, there are only a handful of stocks out there that are plummeting right now.
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Dropbox’s stock is a falling knife worth catching
With the broader equity market surging to record highs, there are only a handful of stocks out there that are plummeting right now.
DBX Mar 2024 24.500 call
DBX Apr 2024 21.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
DBX Apr 2024 40.000 call
DBX Oct 2024 25.000 put
DBX Jun 2024 40.000 put
DBX Oct 2024 24.000 put
DBX Mar 2024 33.000 call
DBX Mar 2024 31.000 put
DBX Feb 2024 22.000 call
DBX Apr 2024 23.000 put
DBX Feb 2024 22.000 put
Avoid These Tech Stocks: Dropbox, Roku, and More
Dropbox: Stagnation Sparks Competitive Concerns
Dropbox, Inc. (DBX) Q4 2023 Earnings Call Transcript
Dropbox: Time To Take Caution (Rating Downgrade)
DBX Mar 2024 35.000 call
DBX Mar 2024 27.000 put
See More Headlines
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.

Company Calendar

Last Earnings
11/04/2021
Today
3/04/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$30.11
High Stock Price Target
$37.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+25.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
10 Analysts

Profitability

Net Income
$453.60 million
Pretax Margin
22.16%

Debt

Sales & Book Value

Annual Sales
$2.50 billion
Cash Flow
$1.78 per share
Book Value
($0.49) per share

Miscellaneous

Free Float
255,305,000
Market Cap
$8.28 billion
Optionable
Optionable
Beta
0.71
10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.

Get This Free Report














DBX Stock Analysis - Frequently Asked Questions

Should I buy or sell Dropbox stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 3 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

10 Wall Street research analysts have issued twelve-month target prices for Dropbox's stock. Their DBX share price targets range from $22.00 to $37.00. On average, they anticipate the company's stock price to reach $30.11 in the next year. This suggests a possible upside of 24.3% 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 2024?

Dropbox's stock was trading at $29.48 at the beginning of 2024. Since then, DBX shares have decreased by 17.8% and is now trading at $24.23.
View the best growth stocks for 2024 here
.

When is Dropbox's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our DBX earnings forecast
.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) announced its quarterly earnings data on Thursday, November, 4th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.02. The business earned $550.20 million during the quarter, compared to analysts' expectations of $544.72 million. Dropbox had a net margin of 18.13% and a negative trailing twelve-month return on equity of 120.82%. The business's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.09 EPS.

What guidance has Dropbox issued on next quarter's earnings?

Dropbox issued an update on its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $627.0 million-$630.0 million, compared to the consensus revenue estimate of $631.4 million.

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 initial public offering 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 served 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 stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.89%), First Trust Advisors LP (1.17%), LSV Asset Management (0.96%), Charles Schwab Investment Management Inc. (0.86%), Wedge Capital Management L L P NC (0.78%) and Pacer Advisors Inc. (0.75%). Insiders that own company stock include 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DBX) was last updated on 3/4/2024 by MarketBeat.com Staff