S&P 500   4,610.89 (+0.14%)
DOW   36,328.18 (+0.22%)
QQQ   393.68 (+0.39%)
AAPL   192.01 (-1.89%)
MSFT   368.94 (-1.41%)
META   321.87 (-3.27%)
GOOGL   132.36 (-1.95%)
AMZN   144.41 (-2.04%)
TSLA   240.85 (-1.23%)
NVDA   462.93 (-2.55%)
NIO   7.43 (+0.68%)
BABA   71.26 (-1.22%)
AMD   133.84 (+3.82%)
T   16.61 (-1.83%)
F   11.07 (+0.54%)
MU   77.77 (+3.75%)
CGC   0.78 (-2.15%)
GE   120.21 (-0.32%)
DIS   92.53 (-0.31%)
AMC   6.78 (-2.16%)
PFE   28.45 (-1.15%)
PYPL   59.49 (+0.93%)
XOM   99.14 (-0.41%)
S&P 500   4,610.89 (+0.14%)
DOW   36,328.18 (+0.22%)
QQQ   393.68 (+0.39%)
AAPL   192.01 (-1.89%)
MSFT   368.94 (-1.41%)
META   321.87 (-3.27%)
GOOGL   132.36 (-1.95%)
AMZN   144.41 (-2.04%)
TSLA   240.85 (-1.23%)
NVDA   462.93 (-2.55%)
NIO   7.43 (+0.68%)
BABA   71.26 (-1.22%)
AMD   133.84 (+3.82%)
T   16.61 (-1.83%)
F   11.07 (+0.54%)
MU   77.77 (+3.75%)
CGC   0.78 (-2.15%)
GE   120.21 (-0.32%)
DIS   92.53 (-0.31%)
AMC   6.78 (-2.16%)
PFE   28.45 (-1.15%)
PYPL   59.49 (+0.93%)
XOM   99.14 (-0.41%)
S&P 500   4,610.89 (+0.14%)
DOW   36,328.18 (+0.22%)
QQQ   393.68 (+0.39%)
AAPL   192.01 (-1.89%)
MSFT   368.94 (-1.41%)
META   321.87 (-3.27%)
GOOGL   132.36 (-1.95%)
AMZN   144.41 (-2.04%)
TSLA   240.85 (-1.23%)
NVDA   462.93 (-2.55%)
NIO   7.43 (+0.68%)
BABA   71.26 (-1.22%)
AMD   133.84 (+3.82%)
T   16.61 (-1.83%)
F   11.07 (+0.54%)
MU   77.77 (+3.75%)
CGC   0.78 (-2.15%)
GE   120.21 (-0.32%)
DIS   92.53 (-0.31%)
AMC   6.78 (-2.16%)
PFE   28.45 (-1.15%)
PYPL   59.49 (+0.93%)
XOM   99.14 (-0.41%)
S&P 500   4,610.89 (+0.14%)
DOW   36,328.18 (+0.22%)
QQQ   393.68 (+0.39%)
AAPL   192.01 (-1.89%)
MSFT   368.94 (-1.41%)
META   321.87 (-3.27%)
GOOGL   132.36 (-1.95%)
AMZN   144.41 (-2.04%)
TSLA   240.85 (-1.23%)
NVDA   462.93 (-2.55%)
NIO   7.43 (+0.68%)
BABA   71.26 (-1.22%)
AMD   133.84 (+3.82%)
T   16.61 (-1.83%)
F   11.07 (+0.54%)
MU   77.77 (+3.75%)
CGC   0.78 (-2.15%)
GE   120.21 (-0.32%)
DIS   92.53 (-0.31%)
AMC   6.78 (-2.16%)
PFE   28.45 (-1.15%)
PYPL   59.49 (+0.93%)
XOM   99.14 (-0.41%)

Dropbox (DBX) Stock Price, News & Analysis

$27.74
+0.15 (+0.54%)
(As of 10:40 AM ET)
Compare
Today's Range
$27.51
$27.80
50-Day Range
$25.77
$28.78
52-Week Range
$18.71
$28.80
Volume
312,924 shs
Average Volume
3.42 million shs
Market Capitalization
$9.59 billion
P/E Ratio
17.45
Dividend Yield
N/A
Price Target
$29.14

Dropbox MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
5.1% Upside
$29.14 Price Target
Short Interest
Bearish
8.27% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
1.18mentions of Dropbox in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$992,245 Sold Last Quarter
Proj. Earnings Growth
4.39%
From $1.14 to $1.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Computer And Technology Sector

369th out of 586 stocks

Software - Infrastructure Industry

10th out of 13 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

Upwork underscores the strength of the AI gig economy (DBX)
Upwork has been pursuing its goal of being the world's preeminent destination for artificial intelligence (AI) related talent and freelancers
Zoom Video Communications: A tech phoenix ready to rise (DBX)
Zoom Video Communications had a solid quarter, outperforming the analysts and raising guidance above the target range; all it needs is a catalyst to rise again
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
Monday.com rocked earnings like it's the weekend (DBX)
Business collaboration software-as-a-service (SaaS) developer monday.com Ltd. had its sixth consecutive earnings blowout. Learn more.
Dropbox, Inc. (NASDAQ:DBX) CFO Timothy Regan Sells 3,000 Shares
U.S. Military Defense Fails Without Vanadium?
The metal vanadium is needed for numerous military applications, including jet engines, airframes, and ballistic missiles. And although the U.S. Govt. considers vanadium critical to national security, less than 5% of the metal is mined in America. This means we're at the mercy of China and Russia for our supply.
Here is Why Dropbox (DBX) is a Must-Buy Stock Right Now
Dropbox Inc Class A
Dropbox, Inc. (DBX) Q3 2023 Earnings Call Transcript
Dropbox: The Rule Of 40 Holds Here
Dropbox 3Q earnings top estimates as paid users grow
Dropbox: Q3 Earnings Snapshot
Dropbox Announces Fiscal 2023 Third Quarter Results
Dropbox Earnings Top Estimates; DBX Stock Rises
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
11/02/2023
Today
12/11/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

Industry, Sector and Symbol

Industry
Software - Infrastructure
Sub-Industry
N/A
Current Symbol
NASDAQ:DBX
Fax
N/A
Employees
3,118
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.14
High Stock Price Target
$35.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+5.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$553.20 million
Pretax Margin
8.26%

Debt

Sales & Book Value

Annual Sales
$2.32 billion
Cash Flow
$1.43 per share
Book Value
($0.89) per share

Miscellaneous

Free Float
256,622,000
Market Cap
$9.54 billion
Optionable
Optionable
Beta
0.86
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report














DBX Stock Analysis - Frequently Asked Questions

Should I buy or sell Dropbox stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 1 sell rating, 4 hold ratings and 3 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 target for 2024?

8 brokers have issued twelve-month price targets for Dropbox's stock. Their DBX share price targets range from $22.00 to $35.00. On average, they expect the company's share price to reach $29.14 in the next year. This suggests a possible upside of 5.1% 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 start of the year. Since then, DBX shares have increased by 23.9% and is now trading at $27.73.
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, February 15th 2024.
View our DBX earnings forecast
.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) announced its quarterly earnings results on Thursday, November, 2nd. The company reported $0.35 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.08. The business earned $633 million during the quarter, compared to the consensus estimate of $627.66 million. Dropbox had a negative trailing twelve-month return on equity of 101.75% and a net margin of 22.50%.

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 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 stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Ameriprise Financial Inc. (5.80%), Jacobs Levy Equity Management Inc. (1.28%), Bank of New York Mellon Corp (0.90%), Charles Schwab Investment Management Inc. (0.83%), Wedge Capital Management L L P NC (0.78%) and Robeco Institutional Asset Management B.V. (0.65%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:DBX) was last updated on 12/11/2023 by MarketBeat.com Staff

My Account -