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S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
S&P 500   4,330.00
DOW   34,070.42
QQQ   357.86
3 Compelling Reasons to Start Buying Undervalued Amazon
This Stock Could Go Up 66% or More. (Ad)
Stock market today: Wall Street higher, but likely not enough to this turn losing week into a winner
Analysts Recommend These Mining Stocks Before Metal Prices Rally
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023
Challenges Hit Broadcom Stock, But Analysts See EPS Growth
Disturbing Truth About Biden's New Program To Seize Your Cash (Ad)
Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire
The average long-term US mortgage rate edged up to 7.19% this week, slightly below its 2023 high
NASDAQ:DBX

Dropbox (DBX) Stock Forecast, Price & News

$26.66
-0.02 (-0.07%)
(As of 09/21/2023 ET)
Compare
Today's Range
$26.40
$26.91
50-Day Range
$25.87
$28.35
52-Week Range
$18.71
$28.68
Volume
2.07 million shs
Average Volume
2.57 million shs
Market Capitalization
$9.27 billion
P/E Ratio
17.89
Dividend Yield
N/A
Price Target
$29.14

Dropbox MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
9.3% Upside
$29.14 Price Target
Short Interest
Bearish
8.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
-0.01mentions of Dropbox in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
$11.95 M Sold Last Quarter
Proj. Earnings Growth
7.62%
From $1.05 to $1.13 Per Share

Overall MarketRank

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

2.24 out of 5 stars

Computer And Technology Sector

319th out of 593 stocks

Prepackaged Software Industry

97th out of 204 stocks


DBX stock logo

About Dropbox (NASDAQ:DBX) Stock

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 Price History

DBX Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Citigroup Reaffirms "Neutral" Rating for Dropbox (NASDAQ:DBX)
William Blair Downgrades Dropbox (NASDAQ:DBX) to Market Perform
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Top 10 AI Stocks To Kick Off The 4th Quarter
See More Headlines
Receive DBX Stock News and Ratings via Email

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DBX Company Calendar

Last Earnings
8/03/2023
Today
9/22/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
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 Forecast
$29.14
High Stock Price Forecast
$35.00
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+9.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$553.20 million
Pretax Margin
6.87%

Debt

Sales & Book Value

Annual Sales
$2.32 billion
Cash Flow
$1.44 per share
Book Value
($0.89) per share

Miscellaneous

Free Float
258,136,000
Market Cap
$9.27 billion
Optionable
Optionable
Beta
0.89
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Key Executives

  • Mr. Andrew W. HoustonMr. Andrew W. Houston (Age 40)
    Co-Founder, Interim Pres, CEO & Chairman
    Comp: $1.15M
  • Mr. Timothy J. Regan CPAMr. Timothy J. Regan CPA (Age 45)
    Chief Financial Officer
    Comp: $794.33k
  • Mr. Bart E. Volkmer Esq. (Age 48)
    Chief Legal Officer
    Comp: $726k
  • Mr. Karan Kapoor
    Head of Investor Relations
  • Ms. Saman Asheer
    VP of Communications
  • Ms. Melanie Collins
    Chief People Officer













DBX Stock - Frequently Asked Questions

Should I buy or sell Dropbox stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last twelve months. There are currently 1 sell rating, 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 forecast for 2023?

8 brokerages have issued 12 month price targets for Dropbox's stock. Their DBX share price forecasts range from $22.00 to $35.00. On average, they predict the company's stock price to reach $29.14 in the next year. This suggests a possible upside of 9.3% 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 2023?

Dropbox's stock was trading at $22.38 at the start of the year. Since then, DBX shares have increased by 19.1% and is now trading at $26.66.
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, November 2nd 2023.
View our DBX earnings forecast
.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) issued its earnings results on Thursday, August, 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.07. The company had revenue of $622.50 million for the quarter, compared to analyst estimates of $613.64 million. Dropbox had a net margin of 21.61% and a negative trailing twelve-month return on equity of 79.08%.

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

Dropbox updated its third quarter 2023 earnings guidance on Friday, August, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $626.00 million-$629.00 million, compared to the consensus revenue estimate of $624.66 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 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 a number of retail and institutional investors. Top institutional shareholders include Shaolin Capital Management LLC (0.00%), Renaissance Technologies LLC (2.66%), Thrivent Financial for Lutherans (1.44%), Geode Capital Management LLC (1.21%), Bank of New York Mellon Corp (0.99%) and Charles Schwab Investment Management Inc. (0.82%). 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.

What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $26.66.

How much money does Dropbox make?

Dropbox (NASDAQ:DBX) has a market capitalization of $9.27 billion and generates $2.32 billion in revenue each year. The company earns $553.20 million in net income (profit) each year or $1.49 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 9/22/2023 by MarketBeat.com Staff

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