NASDAQ:DBX - Dropbox Stock Price, News & Analysis

$20.04
-0.02 (-0.10 %)
(As of 09/16/2019 11:06 AM ET)
Today's Range
$19.74
Now: $20.04
$20.15
50-Day Range
$17.33
MA: $19.74
$24.72
52-Week Range
$17.20
Now: $20.04
$27.35
Volume412,513 shs
Average Volume2.92 million shs
Market Capitalization$8.28 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.53
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.39 billion
Book Value$1.65 per share

Profitability

Net Income$-484,900,000.00

Miscellaneous

Employees2,323
Market Cap$8.28 billion
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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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) announced its quarterly earnings data on Thursday, August, 8th. The company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.05) by $0.15. The firm earned $401.50 million during the quarter, compared to analysts' expectations of $401.09 million. Dropbox had a negative return on equity of 6.57% and a negative net margin of 2.91%. The company's quarterly revenue was up 18.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 EPS. View Dropbox's Earnings History.

When is Dropbox's next earnings date?

Dropbox is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Dropbox.

What price target have analysts set for DBX?

7 analysts have issued 1-year price targets for Dropbox's stock. Their forecasts range from $19.00 to $35.00. On average, they expect Dropbox's stock price to reach $29.2857 in the next twelve months. This suggests a possible upside of 46.1% from the stock's current price. View Analyst Price Targets for Dropbox.

What is the consensus analysts' recommendation for Dropbox?

7 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Dropbox.

Has Dropbox been receiving favorable news coverage?

Media headlines about DBX stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Dropbox earned a news sentiment score of 0.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Dropbox.

Are investors shorting Dropbox?

Dropbox saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 8,689,100 shares, an increase of 13.3% from the July 31st total of 7,667,700 shares. Based on an average trading volume of 4,820,000 shares, the days-to-cover ratio is currently 1.8 days. Approximately 4.1% of the company's stock are sold short. View Dropbox's Current Options Chain.

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 Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), Netflix (NFLX), Square (SQ), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Intel (INTC), Paypal (PYPL) and salesforce.com (CRM).

Who are Dropbox's key executives?

Dropbox's management team includes the folowing 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 $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.

Who are Dropbox's major shareholders?

Dropbox's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.91%), BlackRock Inc. (4.44%), Vanguard Group Inc. (3.49%), First Trust Advisors LP (1.40%), Renaissance Technologies LLC (1.39%) and Wells Fargo & Company MN (1.06%). 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 major investors are selling Dropbox stock?

DBX stock was sold by a variety of institutional investors in the last quarter, including Institutional Venture Management XIII LLC, Valiant Capital Management L.P., River & Mercantile Asset Management LLP, ICONIQ Capital LLC, Toronto Dominion Bank, Toronto Dominion Bank, Russell Investments Group Ltd. and Board of Trustees of The Leland Stanford Junior University. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Andrew Houston, Bart Volkmer, Condoleezza Rice, Quentin Clark, Robert J Mylod Jr, Timothy Regan and Yamini Rangan. View Insider Buying and Selling for Dropbox.

Which major investors are buying Dropbox stock?

DBX stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Vanguard Group Inc., BlackRock Inc., BlackRock Inc., First Trust Advisors LP, Southpoint Capital Advisors LP, Holocene Advisors LP and Soma Equity Partners LP. 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, Robinhood, Fidelity and Charles Schwab.

What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $20.04.

How big of a company is Dropbox?

Dropbox has a market capitalization of $8.28 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.

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 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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  499
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.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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