NASDAQ:DBXDropbox Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Dropbox Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $17.96 -0.27 (-1.48 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$17.82Now: $17.96▼$18.6450-Day Range$15.69MA: $18.67▼$22.4552-Week Range$14.55Now: $17.96▼$26.20Volume4.81 million shsAverage Volume6.07 million shsMarket Capitalization$7.52 billionP/E RatioN/ADividend YieldN/ABeta0.74 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingDropbox has received a consensus rating of Buy. The company's average rating score is 2.58, and is based on 9 buy ratings, 1 hold rating, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.82, Dropbox has a potential upside of 49.3% from its current price of $17.96.Amount of Analyst CoverageDropbox has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesDropbox has received 323 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDropbox has received 258 “underperform” votes. (Add your “underperform” vote.)Community SentimentDropbox has received 55.59% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldDropbox does not currently pay a dividend.Dividend GrowthDropbox does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dropbox insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,434,739.00 in company stock.Percentage Held by InsidersOnly 31.20% of the stock of Dropbox is held by insiders.Percentage Held by Institutions44.75% of the stock of Dropbox is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Dropbox are expected to grow by 1,100.00% in the coming year, from $0.01 to $0.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dropbox is -138.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Dropbox is -138.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioDropbox has a P/B Ratio of 9.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:DBX Previous Symbol CUSIPN/A CIK1467623 Webhttp://www.dropbox.com/ Phone415-857-6800Debt Debt-to-Equity Ratio1.05 Current Ratio1.23 Quick Ratio1.23Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio1,796.00 P/E GrowthN/A Sales & Book Value Annual Sales$1.66 billion Price / Sales4.53 Cash Flow$0.45 per share Price / Cash Flow39.67 Book Value$1.94 per share Price / Book9.26Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-52,700,000.00 Net Margins-3.17% Return on Equity-3.58% Return on Assets-1.11%Miscellaneous Employees2,801 Outstanding Shares418,850,000Market Cap$7.52 billion Next Earnings Date5/14/2020 (Estimated) OptionableOptionable Receive DBX News and Ratings via Email Sign-up to receive the latest news and ratings for DBX and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:DBX Rates by TradingView 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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, DBX stock has increased by 11.1% and is now trading at $17.96. 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) posted its earnings results on Thursday, February, 20th. The company reported $0.16 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.17. The firm had revenue of $446 million for the quarter, compared to the consensus estimate of $443.35 million. Dropbox had a negative net margin of 3.17% and a negative return on equity of 3.58%. The company's revenue was up 18.6% compared to the same quarter last year. During the same period last year, the firm earned $0.10 EPS. View Dropbox's earnings history. What guidance has Dropbox issued on next quarter's earnings? Dropbox issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided earnings per share (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 brokerages have issued 12-month target prices for Dropbox's shares. Their forecasts range from $17.00 to $35.00. On average, they anticipate Dropbox's stock price to reach $26.82 in the next year. This suggests a possible upside of 49.3% from the stock's current price. View analysts' price targets for Dropbox. Has Dropbox been receiving favorable news coverage? News stories about DBX stock have trended very negative this week, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Dropbox earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock'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 volume of 5,454,800 shares, the days-to-cover ratio is currently 2.7 days. Approximately 8.9% 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 Autodesk (ADSK), Electronic Arts (EA), Veeva Systems (VEEV), Square (SQ), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Citrix Systems (CTXS), Splunk (SPLK), Atlassian (TEAM), Check Point Software Technologies (CHKP), Tableau Software (DATA), Docusign (DOCU), Okta (OKTA) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO). 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), Micron Technology (MU), NVIDIA (NVDA), 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 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." 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 $17.96. How big of a company is Dropbox? Dropbox has a market capitalization of $7.52 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 4/4/2020 by MarketBeat.com StaffFeatured Article: What is the Quick Ratio?
