Dropbox Stock Forecast, Price & News

Dropbox (NASDAQ:DBX) Frequently Asked Questions

Is Dropbox a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Dropbox stock.
View analyst ratings for Dropbox or view top-rated stocks.

How has Dropbox's stock price been impacted by Coronavirus?

Dropbox's stock was trading at $16.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DBX shares have increased by 45.5% and is now trading at $23.51.
View which stocks have been most impacted by COVID-19.

When is Dropbox's next earnings date?

Dropbox is scheduled to release its next quarterly earnings announcement on Thursday, February 17th 2022.
View our earnings forecast for Dropbox.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) announced its earnings results on Thursday, November, 4th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.02. The firm had revenue of $550.20 million for the quarter, compared to analysts' expectations of $544.72 million. Dropbox had a negative trailing twelve-month return on equity of 19,335.53% and a negative net margin of 6.42%. Dropbox's revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 EPS.
View Dropbox's earnings history.

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

Dropbox updated its FY 2021 earnings guidance on Friday, December, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.15 billion-$2.15 billion, compared to the consensus revenue estimate of $2.14 billion.

What price target have analysts set for DBX?

6 brokers have issued 1 year target prices for Dropbox's stock. Their forecasts range from $25.00 to $40.00. On average, they anticipate Dropbox's share price to reach $33.60 in the next year. This suggests a possible upside of 42.9% from the stock's current price.
View analysts' price targets for Dropbox or view top-rated stocks among Wall Street analysts.

Who are Dropbox's key executives?

Dropbox's management team includes the following people:

• Drew Houston, Chairman & Chief Executive Officer
• Timothy Young, President (LinkedIn Profile)
• Timothy J. Regan, Chief Financial Officer
• Michelle M. Adams, Vice President-Sales America
• Lev Finkelstein, Vice President-Corporate Finance & Strategy

Who are some of Dropbox's key competitors?

Some companies that are related to Dropbox include Roblox (RBLX), Twilio (TWLO), Veeva Systems (VEEV), Unity Software (U), Okta (OKTA), Cloudflare (NET), ANSYS (ANSS), Palantir Technologies (PLTR), MongoDB (MDB), DocuSign (DOCU), SS&C Technologies (SSNC), HubSpot (HUBS), Take-Two Interactive Software (TTWO), Tyler Technologies (TYL) and Paycom Software (PAYC).
View all of DBX's competitors.

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), Square (SQ) and salesforce.com (CRM).

When did Dropbox IPO?

(DBX) raised $612 million in an initial public offering (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 a number of retail and institutional investors. Top institutional shareholders include Nordea Investment Management AB (0.46%), Russell Investments Group Ltd. (0.14%), Kirr Marbach & Co. LLC IN (0.06%), West Coast Financial LLC (0.06%), Crossmark Global Holdings Inc. (0.02%) and DNB Asset Management AS (0.02%). Company insiders that own Dropbox stock include Ajay Vashee, Arash Ferdowsi, Bart Volkmer, David Henry Mack, Donald W Blair, 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 for Dropbox.

Which institutional investors are selling Dropbox stock?

DBX stock was sold by a variety of institutional investors in the last quarter, including Sciencast Management LP, Cutler Group LP, Avondale Wealth Management, Tributary Capital Management LLC, Parallel Advisors LLC, West Coast Financial LLC, Kirr Marbach & Co. LLC IN, and Diversified Trust Co. Company insiders that have sold Dropbox company stock in the last year include Bart Volkmer, David Henry Mack, Karen Peacock, Lisa M Campbell, Timothy H Young, and Timothy Regan.
View insider buying and selling activity for Dropbox or view top insider-selling stocks.

Which institutional investors are buying Dropbox stock?

DBX stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Crossmark Global Holdings Inc., Value Holdings Management CO. LLC, Stratos Wealth Partners LTD., Kovack Advisors Inc., Redpoint Investment Management Pty Ltd, Nordea Investment Management AB, and DNB Asset Management AS.
View insider buying and selling activity for Dropbox or or view top insider-buying stocks.

How do I buy shares of Dropbox?

Shares of DBX 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.
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What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $23.51.

How much money does Dropbox make?

Dropbox has a market capitalization of $9.23 billion and generates $1.91 billion in revenue each year. The company earns $-256.30 million in net income (profit) each year or ($0.31) on an earnings per share basis.

How many employees does Dropbox have?

Dropbox employs 2,760 workers across the globe.

What is Dropbox's official website?

The official website for Dropbox is www.dropbox.com.

Where are Dropbox's headquarters?

Dropbox is headquartered at 1800 OWENS STREET, SAN FRANCISCO CA, 94158.

How can I contact Dropbox?

Dropbox's mailing address is 1800 OWENS STREET, SAN FRANCISCO CA, 94158. The company can be reached via phone at (415) 857-6800 or via email at [email protected].