NASDAQ:DBX - Dropbox Stock Price, Forecast & News

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

Dropbox Inc (NASDAQ:DBX) released its earnings results on Thursday, November, 7th. The company reported ($0.02) EPS for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.02. The company earned $428.20 million during the quarter, compared to analysts' expectations of $423.48 million. Dropbox had a negative return on equity of 6.82% and a negative net margin of 3.49%. The firm's revenue for the quarter was up 18.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS. View Dropbox's Earnings History.

Dropbox is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Dropbox.

Dropbox issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$1.648-1.654 billion, compared to the consensus revenue estimate of $$1.65 billion.

10 Wall Street analysts have issued twelve-month price targets for Dropbox's stock. Their forecasts range from $19.00 to $35.00. On average, they expect Dropbox's share price to reach $27.78 in the next year. This suggests a possible upside of 60.2% from the stock's current price. View Analyst Price Targets for Dropbox.

10 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 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dropbox.

News stories about DBX stock have trended extremely negative recently, according to InfoTrie. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dropbox earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Dropbox.

Dropbox saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 15,370,000 shares, an increase of 18.9% from the November 28th total of 12,930,000 shares. Based on an average daily volume of 3,550,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 7.0% of the shares of the stock are sold short. View Dropbox's Current Options Chain.

Some companies that are related to Dropbox include Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), NortonLifeLock (NLOK), Check Point Software Technologies (CHKP), Symantec (SYMC), Citrix Systems (CTXS), Twilio (TWLO), SS&C Technologies (SSNC), Atlassian (TEAM), Okta (OKTA) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).

Based on aggregate information from My MarketBeat watchlists, some companies that other Dropbox investors own include Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Advanced Micro Devices (AMD), Square (SQ), Cisco Systems (CSCO), salesforce.com (CRM), Walt Disney (DIS) and Paypal (PYPL).

(DBX) raised $612 million in an initial public offering 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.

Dropbox's stock is owned by a number of of institutional and retail investors. Top institutional investors include Commerzbank Aktiengesellschaft FI (0.02%), Sanders Morris Harris LLC (0.02%), DNB Asset Management AS (0.01%), Landsberg Bennett & Dubbaneh LLC (0.01%), Cullinan Associates Inc. (0.01%) and IFM Investors Pty Ltd (0.01%). 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.

DBX stock was sold by a variety of institutional investors in the last quarter, including Ambassador Advisors LLC. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Bart Volkmer, Condoleezza Rice, Quentin Clark, Robert J Mylod Jr, Timothy Regan and Yamini Rangan. View Insider Buying and Selling for Dropbox.

DBX stock was purchased by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Landsberg Bennett & Dubbaneh LLC, Cullinan Associates Inc., DNB Asset Management AS, Nwam LLC, Exane Derivatives, Commerzbank Aktiengesellschaft FI and IFM Investors Pty Ltd. View Insider Buying and Selling for 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.

One share of DBX stock can currently be purchased for approximately $17.34.

Dropbox has a market capitalization of $7.20 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.

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

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]