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NASDAQ:DBX

Dropbox Stock Forecast, Price & News

$19.28
-0.22 (-1.13 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$18.85
Now: $19.28
$19.64
50-Day Range
$19.15
MA: $20.61
$23.27
52-Week Range
$14.55
Now: $19.28
$24.14
Volume10.69 million shs
Average Volume5.07 million shs
Market Capitalization$7.97 billion
P/E Ratio275.43
Dividend YieldN/A
Beta0.82
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.55 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$0.44 per share
Book Value$1.94 per share

Profitability

Net Income$-52,700,000.00

Miscellaneous

Employees2,801
Market Cap$7.97 billion
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$19.28
-0.22 (-1.13 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 19.3% and is now trading at $19.28.
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) issued its quarterly earnings results on Thursday, August, 6th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. The business had revenue of $467.40 million for the quarter, compared to the consensus estimate of $465.41 million. Dropbox had a net margin of 1.85% and a return on equity of 9.34%. The firm's revenue for the quarter was up 16.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.10 EPS.
View Dropbox's earnings history
.

What price target have analysts set for DBX?

13 brokerages have issued 12-month price objectives for Dropbox's stock. Their forecasts range from $22.00 to $35.00. On average, they expect Dropbox's share price to reach $27.64 in the next year. This suggests a possible upside of 43.3% from the stock's current price.
View analysts' price targets for Dropbox
.

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), Tesla (TSLA), Intel (INTC), Cisco Systems (CSCO), Square (SQ) and Walt Disney (DIS).

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 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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.75%), Ninety One UK Ltd (2.40%), First Trust Advisors LP (1.88%), Epoch Investment Partners Inc. (0.83%), Victory Capital Management Inc. (0.65%) and Two Sigma Advisers LP (0.56%). Company insiders that own Dropbox stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, Condoleezza Rice, 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., Nuveen Asset Management LLC, Marshall Wace North America L.P., Prudential PLC, AQR Capital Management LLC, and Man Group plc. 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 bought by a variety of institutional investors in the last quarter, including Ninety One UK Ltd, Vanguard Group Inc., Ardevora Asset Management LLP, First Trust Advisors LP, Nordea Investment Management AB, Bank of Nova Scotia, FIL Ltd, and Greenhouse Funds LLLP.
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 $19.28.

How big of a company is Dropbox?

Dropbox has a market capitalization of $7.97 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 9/20/2020 by MarketBeat.com Staff

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