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 Ratio0.13
Current Ratio1.43
Quick Ratio1.43
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.11 billion
Price / Sales8.35
Cash FlowN/A
Price / Cash FlowN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-111,700,000.00
Net Margins-38.83%
Return on Equity-158.23%
Return on Assets-35.41%
Miscellaneous
Employees1,858
Outstanding Shares406,520,000
Market Cap$8.74 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 earnings results on Thursday, November, 8th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.07. The firm had revenue of $360.30 million for the quarter, compared to the consensus estimate of $352.74 million. Dropbox had a negative return on equity of 158.23% and a negative net margin of 38.83%. Dropbox'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?
15 brokerages have issued 12 month price targets for Dropbox's shares. Their predictions range from $25.00 to $40.00. On average, they expect Dropbox's stock price to reach $34.3077 in the next twelve months. This suggests a possible upside of 49.7% from the stock's current price. View Analyst Price Targets for Dropbox.
What is the consensus analysts' recommendation for Dropbox?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 4 hold ratings and 11 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 headlines about DBX stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media 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 five, with scores nearest to five being the most favorable. Dropbox earned a news sentiment score of 1.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.
Are investors shorting Dropbox?
Dropbox saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 11,962,221 shares, a decrease of 17.7% from the October 15th total of 14,527,740 shares. Based on an average daily 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 ServiceNow (NOW), Dassault Systemes (DASTY), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), CA (CA), Check Point Software Technologies (CHKP), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), 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 initial public offering (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 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 many different of institutional and retail investors. Top institutional shareholders include FMR LLC (2.58%), BlackRock Inc. (2.55%), Vanguard Group Inc. (1.59%), First Trust Advisors LP (0.83%), Partner Fund Management L.P. (0.71%) and Pictet Asset Management Ltd. (0.56%). 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 Morgan Stanley, Man Group plc, Board of Trustees of The Leland Stanford Junior University, State of New Jersey Common Pension Fund D, FNY Investment Advisers LLC, FNY Investment Advisers LLC and Bamco Inc. NY. 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, 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 FMR LLC, First Trust Advisors LP, Pictet Asset Management Ltd., Vanguard Group Inc., Allianz Asset Management GmbH, Valiant Capital Management L.P., Sumitomo Mitsui Asset Management Company LTD and Victory Capital Management Inc.. 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 $22.92.
How big of a company is Dropbox?
Dropbox has a market capitalization of $8.74 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.
