Dropbox Inc. provides a collaboration platform worldwide. Its platform allows individuals, teams, and organizations to create, access, and share content online. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox Inc. has strategic partnership with Zoom Video Communications, Inc. Dropbox Inc. was founded in 2007 and is headquartered in San Francisco, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:DBX
Previous Symbol
CUSIPN/A
Phone415-857-6800
Debt
Debt-to-Equity Ratio0.12
Current Ratio1.39
Quick Ratio1.39
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E Ratio65.75
P/E Growth4.75
Sales & Book Value
Annual Sales$1.11 billion
Price / Sales8.60
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees1,858
Outstanding Shares402,310,000
Market Cap$10.28 billion
OptionableOptionable
Dropbox (NASDAQ:DBX) Frequently Asked Questions
What is Dropbox's stock symbol?
Dropbox trades on the NASDAQ under the ticker symbol "DBX."
How were Dropbox's earnings last quarter?
Dropbox Inc (NASDAQ:DBX) posted its quarterly earnings data on Thursday, November, 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.07. The company earned $360.30 million during the quarter, compared to analysts' expectations of $352.74 million. The company's quarterly revenue was up 25.7% on a year-over-year basis. View Dropbox's Earnings History.
When is Dropbox's next earnings date?
What price target have analysts set for DBX?
14 equities research analysts have issued 1 year price targets for Dropbox's stock. Their predictions range from $25.00 to $40.00. On average, they anticipate Dropbox's share price to reach $34.3077 in the next year. This suggests a possible upside of 44.9% from the stock's current price. View Analyst Price Targets for Dropbox.
What is the consensus analysts' recommendation for Dropbox?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dropbox.
Has Dropbox been receiving favorable news coverage?
Media headlines about DBX stock have been trending neutral recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Dropbox earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Are investors shorting Dropbox?
Dropbox saw a decline in short interest in October. As of October 31st, there was short interest totalling 11,962,221 shares, a decline of 17.7% from the October 15th total of 14,527,740 shares. Based on an average trading volume of 2,317,974 shares, the days-to-cover ratio is presently 5.2 days. Currently, 14.2% of the company's shares are short sold. View Dropbox's Current Options Chain.
Who are some of Dropbox's key competitors?
Some companies that are related to Dropbox include Dassault Systemes (DASTY), ServiceNow (NOW), Square (SQ), Autodesk (ADSK), Electronic Arts (EA), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Citrix Systems (CTXS), Splunk (SPLK), Symantec (SYMC), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV) and Cadence Design Systems (CDNS).
Who are Dropbox's key executives?
Dropbox's management team includes the folowing people:
- Mr. Arash Ferdowsi, Co-Founder & Director (Age 32)
- Mr. Quentin J. Clark, Sr. VP of Engineering, Product & Design (Age 46)
- Mr. Andrew W. Houston, Co-Founder, Chairman & CEO (Age 35)
- Mr. Ajay V. Vashee, Chief Financial Officer (Age 34)
- Timothy J. Regan, Chief Accounting Officer
When did Dropbox IPO?
(DBX) raised $612 million in an IPO 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 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.
When did Dropbox's lock-up period expire?
Dropbox's lock-up period expired on Wednesday, September 19th. Dropbox had issued 36,000,000 shares in its public offering on March 23rd. The total size of the offering was $756,000,000 based on an initial share price of $21.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.
Who are Dropbox's major shareholders?
Dropbox's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (2.58%), BlackRock Inc. (2.55%), First Trust Advisors LP (0.83%), Pictet Asset Management Ltd. (0.56%), Valiant Capital Management L.P. (0.54%) and Allianz Asset Management GmbH (0.49%). Company insiders that own Dropbox stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, Condoleezza Rice, Dennis Woodside, Quentin Clark, Robert J Mylod Jr 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 Board of Trustees of The Leland Stanford Junior University, State of New Jersey Common Pension Fund D, FNY Investment Advisers LLC and FNY Investment Advisers LLC. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, Condoleezza Rice, Dennis Woodside, Quentin Clark, Robert J Mylod Jr and Timothy Regan. View Insider Buying and Selling for Dropbox.
Which institutional investors are buying Dropbox stock?
DBX stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, Pictet Asset Management Ltd., Allianz Asset Management GmbH, Valiant Capital Management L.P., Sumitomo Mitsui Asset Management Company LTD, Victory Capital Management Inc. and Glynn Capital Management LLC. View Insider Buying and Selling for Dropbox.
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, Scottrade, Fidelity and Charles Schwab.
What is Dropbox's stock price today?
One share of DBX stock can currently be purchased for approximately $23.67.
How big of a company is Dropbox?
Dropbox has a market capitalization of $10.28 billion and generates $1.11 billion in revenue each year. Dropbox employs 1,858 workers across the globe.
What is Dropbox's official website?
How can I contact Dropbox?
Dropbox's mailing address is 333 BRANNAN STREET, SAN FRANCISCO CA, 94107. The company can be reached via phone at 415-857-6800 or via email at [email protected]
MarketBeat Community Rating for Dropbox (NASDAQ DBX)
MarketBeat's community ratings are surveys of what our community members think about Dropbox and other stocks. Vote "Outperform" if you believe DBX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DBX will underperform the S&P 500 over the long term. You may vote once every thirty days.
