Log in

NASDAQ:DBXDropbox Stock Price, Forecast & News

$19.50
-0.13 (-0.66 %)
(As of 08/14/2020 04:00 PM ET)
Add
Compare
Today's Range
$19.32
Now: $19.50
$19.80
50-Day Range
$19.64
MA: $21.67
$23.27
52-Week Range
$14.55
Now: $19.50
$24.14
Volume5.09 million shs
Average Volume6.38 million shs
Market Capitalization$8.06 billion
P/E Ratio278.57
Dividend YieldN/A
Beta0.9
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
Dropbox logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.80 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
Current SymbolNASDAQ:DBX
CUSIPN/A
Phone415-857-6800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.66 billion
Cash Flow$0.43 per share
Book Value$1.94 per share

Profitability

Net Income$-52,700,000.00

Miscellaneous

Employees2,801
Market Cap$8.06 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$19.50
-0.13 (-0.66 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Dropbox (NASDAQ:DBX) Frequently Asked Questions

How has Dropbox's stock been impacted by COVID-19?

Dropbox's stock was trading at $16.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DBX stock has increased by 20.7% and is now trading at $19.50.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Dropbox?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 1 sell rating, 2 hold ratings and 10 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, November 5th 2020.
View our earnings forecast for Dropbox
.

How were Dropbox's earnings last quarter?

Dropbox Inc (NASDAQ:DBX) announced its quarterly earnings results on Thursday, August, 6th. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.05. The company earned $467.40 million during the quarter, compared to analysts' expectations of $465.41 million. Dropbox had a net margin of 1.85% and a return on equity of 9.38%. The business's revenue was up 16.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 EPS.
View Dropbox's earnings history
.

What price target have analysts set for DBX?

13 analysts have issued 12-month price targets for Dropbox's stock. Their forecasts range from $22.00 to $35.00. On average, they expect Dropbox's stock price to reach $27.64 in the next year. This suggests a possible upside of 41.7% from the stock's current price.
View analysts' price targets for Dropbox
.

Has Dropbox been receiving favorable news coverage?

Headlines about DBX stock have been trending neutral on Saturday, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 0.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
View the latest news about Dropbox
.

Are investors shorting Dropbox?

Dropbox saw a drop in short interest during the month of June. As of June 15th, there was short interest totaling 13,470,000 shares, a drop of 26.9% from the May 31st total of 18,430,000 shares. Based on an average trading volume of 6,290,000 shares, the short-interest ratio is presently 2.1 days.
View Dropbox's Short Interest
.

Who are some of Dropbox's key competitors?

What other stocks do shareholders of Dropbox own?

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

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 initial public offering (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.

What is Dropbox's stock symbol?

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

Who are Dropbox's major shareholders?

Dropbox's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.75%), First Trust Advisors LP (1.88%), Epoch Investment Partners Inc. (0.83%), Victory Capital Management Inc. (0.65%), Ardevora Asset Management LLP (0.51%) and Goldman Sachs Group Inc. (0.48%). Company insiders that own Dropbox stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, Condoleezza Rice, Dennis Woodside, Donald W Blair, Lisa M Campbell, Quentin Clark, Robert J Mylod Jr, Timothy Regan and Yamini Rangan.
View institutional ownership trends for Dropbox
.

Which major investors are selling Dropbox stock?

DBX stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, No Street GP LP, Victory Capital Management Inc., Marshall Wace North America L.P., Prudential PLC, Man Group plc, SCP Investment LP, and Smith Asset Management Group LP. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Arash Ferdowsi, Bart Volkmer, Donald W Blair, Lisa M Campbell, Quentin Clark, and Timothy Regan.
View insider buying and selling activity for Dropbox
.

Which major investors are buying Dropbox stock?

DBX stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Ardevora Asset Management LLP, First Trust Advisors LP, Nordea Investment Management AB, Bank of Nova Scotia, FIL Ltd, Greenhouse Funds LLLP, and Point72 Asset Management L.P..
View insider buying and selling activity 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 $19.50.

How big of a company is Dropbox?

Dropbox has a market capitalization of $8.06 billion and generates $1.66 billion in revenue each year. Dropbox employs 2,801 workers across the globe.

What is Dropbox's official website?

The official website for Dropbox is 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 8/15/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.