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NASDAQ:DBXDropbox Stock Price, Forecast & News

$17.70
-0.36 (-1.99 %)
(As of 04/8/2020 07:18 AM ET)
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Today's Range
$17.32
Now: $17.70
$18.33
50-Day Range
$15.69
MA: $18.62
$22.45
52-Week Range
$14.55
Now: $17.70
$26.20
Volume6.60 million shs
Average Volume5.97 million shs
Market Capitalization$7.41 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.74
Dropbox, Inc. provides a collaboration platform worldwide. Its platform allows individuals, 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. The company has approximately 500 million registered users across 180 countries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was founded in 2007 and is headquartered in San Francisco, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.99 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:DBX
CUSIPN/A
Phone415-857-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$0.45 per share
Book Value$1.94 per share

Profitability

Net Income$-52,700,000.00

Miscellaneous

Employees2,801
Market Cap$7.41 billion
Next Earnings Date5/14/2020 (Estimated)
OptionableOptionable

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Dropbox (NASDAQ:DBX) Frequently Asked Questions

How has Dropbox's stock been impacted by COVID-19 (Coronavirus)?

Dropbox's stock was trading at $16.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DBX stock has increased by 9.5% and is now trading at $17.70. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Dropbox?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 2 sell ratings, 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dropbox.

When is Dropbox's next earnings date?

Dropbox is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Dropbox.

How were Dropbox's earnings last quarter?

Dropbox Inc (NASDAQ:DBX) issued its quarterly earnings results on Thursday, February, 20th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.17. The business earned $446 million during the quarter, compared to analyst estimates of $443.35 million. Dropbox had a negative net margin of 3.17% and a negative return on equity of 3.58%. The firm's quarterly revenue was up 18.6% compared to the same quarter last year. During the same period last year, the business earned $0.10 earnings per share. View Dropbox's earnings history.

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

Dropbox updated its first quarter 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $452-454 million, compared to the consensus revenue estimate of $448.2 million.

What price target have analysts set for DBX?

12 analysts have issued 12-month price objectives for Dropbox's stock. Their forecasts range from $17.00 to $35.00. On average, they expect Dropbox's share price to reach $26.82 in the next year. This suggests a possible upside of 51.5% from the stock's current price. View analysts' price targets for Dropbox.

Has Dropbox been receiving favorable news coverage?

Media coverage about DBX stock has trended very negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dropbox earned a news impact score of -3.3 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutDropbox.

Are investors shorting Dropbox?

Dropbox saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 14,710,300 shares, an increase of 15.1% from the February 27th total of 12,780,000 shares. Based on an average daily trading volume, of 5,454,800 shares, the short-interest ratio is currently 2.7 days. Approximately 8.9% of the shares of the stock are short sold. View Dropbox's Current Options Chain.

Who are some of Dropbox's key 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 Alibaba Group (BABA), NVIDIA (NVDA), Micron Technology (MU), Netflix (NFLX), Advanced Micro Devices (AMD), salesforce.com (CRM), Square (SQ), Walt Disney (DIS), Cisco Systems (CSCO) and Paypal (PYPL).

Who are Dropbox's key executives?

Dropbox's management team includes the following people:
  • Mr. Arash Ferdowsi, Co-Founder & Director (Age 33)
  • Mr. Quentin J. Clark, SVP of Engineering, Product and Design & CTO (Age 47)
  • Mr. Andrew W. Houston, Co-Founder, CEO & Chairman (Age 36)
  • Mr. Ajay V. Vashee, Chief Financial Officer (Age 35)
  • Timothy J. Regan, Chief Accounting Officer

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 a price of $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.

What is Dropbox's stock symbol?

Dropbox trades on the NASDAQ under the ticker symbol "DBX."

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $17.70.

How big of a company is Dropbox?

Dropbox has a market capitalization of $7.41 billion and generates $1.66 billion in revenue each year. Dropbox employs 2,801 workers across the globe. View additional information about Dropbox.

What is Dropbox's official website?

The official website for Dropbox is http://www.dropbox.com/.

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]

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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