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.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone415-857-6800
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.39 billion
Profitability
Miscellaneous
Employees2,323
Next Earnings Date11/14/2019 (Estimated)
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) issued its earnings results on Thursday, August, 8th. The company reported $0.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.15. The business earned $401.50 million during the quarter, compared to analysts' expectations of $401.09 million. Dropbox had a negative return on equity of 6.57% and a negative net margin of 2.91%. Dropbox's revenue was up 18.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.11 earnings per share. View Dropbox's Earnings History.
When is Dropbox's next earnings date?
What price target have analysts set for DBX?
7 equities research analysts have issued 12 month price targets for Dropbox's stock. Their forecasts range from $19.00 to $35.00. On average, they expect Dropbox's stock price to reach $29.2857 in the next twelve months. This suggests a possible upside of 39.3% from the stock's current price. View Analyst Price Targets for Dropbox.
What is the consensus analysts' recommendation for Dropbox?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dropbox.
Has Dropbox been receiving favorable news coverage?
News articles about DBX stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Dropbox earned a media sentiment score of -1.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Dropbox.
Are investors shorting Dropbox?
Dropbox saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 8,689,100 shares, an increase of 13.3% from the July 31st total of 7,667,700 shares. Based on an average daily volume of 4,820,000 shares, the short-interest ratio is currently 1.8 days. Currently, 4.1% of the shares of the stock are sold short. View Dropbox's Current Options Chain.
Who are some of Dropbox's key competitors?
Some companies that are related to Dropbox include Autodesk (ADSK), Electronic Arts (EA), Electronic Arts (EA), Square (SQ), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Splunk (SPLK), ANSYS (ANSS), Check Point Software Technologies (CHKP), Atlassian (TEAM), Twilio (TWLO), Crowdstrike (CRWD), Symantec (SYMC) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).
What other stocks do shareholders of Dropbox own?
Who are Dropbox's key executives?
Dropbox's management team includes the folowing 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 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 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.
Who are Dropbox's major shareholders?
Dropbox's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.91%), BlackRock Inc. (4.44%), Vanguard Group Inc. (3.49%), First Trust Advisors LP (1.40%), Renaissance Technologies LLC (1.39%) and Wells Fargo & Company MN (1.06%). 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, Timothy Regan and Yamini Rangan. 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 Institutional Venture Management XIII LLC, Valiant Capital Management L.P., River & Mercantile Asset Management LLP, ICONIQ Capital LLC, Toronto Dominion Bank, Toronto Dominion Bank, Russell Investments Group Ltd. and Board of Trustees of The Leland Stanford Junior University. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Andrew Houston, Bart Volkmer, Condoleezza Rice, Quentin Clark, Robert J Mylod Jr, Timothy Regan and Yamini Rangan. View Insider Buying and Selling for Dropbox.
Which institutional investors are buying Dropbox stock?
DBX stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., BlackRock Inc., BlackRock Inc., First Trust Advisors LP, Southpoint Capital Advisors LP, Holocene Advisors LP and Soma Equity Partners LP. 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, Robinhood, Fidelity and Charles Schwab.
What is Dropbox's stock price today?
One share of DBX stock can currently be purchased for approximately $21.03.
How big of a company is Dropbox?
Dropbox has a market capitalization of $8.69 billion and generates $1.39 billion in revenue each year. The company earns $-484,900,000.00 in net income (profit) each year or ($1.31) on an earnings per share basis. Dropbox employs 2,323 workers across the globe.View Additional Information About Dropbox.
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.
