NASDAQ:DBX - Dropbox Stock Price, Forecast & News

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

Dropbox Inc (NASDAQ:DBX) released its quarterly earnings data on Thursday, November, 7th. The company reported ($0.02) EPS for the quarter, topping the consensus estimate of ($0.04) by $0.02. The company earned $428.20 million during the quarter, compared to the consensus estimate of $423.48 million. Dropbox had a negative return on equity of 6.82% and a negative net margin of 3.49%. Dropbox's revenue for the quarter was up 18.8% on a year-over-year basis. During the same period last year, the company earned $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 updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share 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 brokerages have issued 12-month price objectives for Dropbox's shares. Their forecasts range from $19.00 to $35.00. On average, they expect Dropbox's stock price to reach $27.78 in the next year. This suggests a possible upside of 54.1% 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.

Media coverage about DBX stock has trended very negative this week, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing 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 closest to five being the most favorable. Dropbox earned a media sentiment score of -3.6 on InfoTrie's scale. They also assigned news 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 company's share price in the next several days. View News Stories for Dropbox.

Dropbox saw a increase in short interest in 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 short-interest ratio is presently 4.3 days. Approximately 7.0% of the shares of the stock are short sold. View Dropbox's Current Options Chain.

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

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), Advanced Micro Devices (AMD), Cisco Systems (CSCO), salesforce.com (CRM), Square (SQ), 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 variety of of retail and institutional investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (0.02%), Sanders Morris Harris LLC (0.02%), DNB Asset Management AS (0.01%), Cullinan Associates Inc. (0.01%), IFM Investors Pty Ltd (0.01%) and Cerebellum GP LLC (0.00%). 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 acquired by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Cullinan Associates Inc., DNB Asset Management AS, Commerzbank Aktiengesellschaft FI, IFM Investors Pty Ltd and Cerebellum GP LLC. 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 $18.02.

Dropbox has a market capitalization of $7.48 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]