Dropbox (DBX) Stock Forecast, Price & News

Dropbox (NASDAQ:DBX) Frequently Asked Questions

Is Dropbox a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Dropbox stock.
View analyst ratings for Dropbox or view top-rated stocks.

When is Dropbox's next earnings date?

Dropbox is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Dropbox.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) released its earnings results on Thursday, May, 5th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.19. The business earned $562.40 million during the quarter, compared to analysts' expectations of $559.09 million. Dropbox had a net margin of 16.66% and a negative trailing twelve-month return on equity of 146.35%. The business's quarterly revenue was up 9.9% on a year-over-year basis. During the same period last year, the business posted $0.22 EPS.
View Dropbox's earnings history.

What guidance has Dropbox issued on next quarter's earnings?

Dropbox updated its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $568.00 million-$571.00 million, compared to the consensus revenue estimate of $568.23 million.

What price target have analysts set for DBX?

5 brokers have issued 1 year price targets for Dropbox's shares. Their forecasts range from $25.00 to $38.00. On average, they expect Dropbox's share price to reach $30.75 in the next year. This suggests a possible upside of 45.5% from the stock's current price.
View analysts' price targets for Dropbox or view top-rated stocks among Wall Street analysts.

Who are Dropbox's key executives?

Dropbox's management team includes the following people:

• Mr. Andrew W. Houston, Co-Founder, CEO & Chairman (Age 38, Pay $1.52M)
• Mr. Timothy H. Young, Pres (Age 40, Pay $1.5M) (LinkedIn Profile)
• Mr. Timothy J. Regan, Chief Financial Officer (Age 44, Pay $991.85k)
• Mr. Bart E. Volkmer Esq., Chief Legal Officer (Age 47, Pay $996.83k)
• Mr. Karan Kapoor, Head of Investor Relations
• Ms. Saman Asheer, VP of Communications
• Ms. Melanie Collins, Chief People Officer
• Ms. Mary Anne Becking, VP of Corp. Legal
• Lev Finkelstein, VP of Corp. Fin. & Strategy
• Mr. Adam S. Nash, VP of Product (Age 47)

Who are some of Dropbox's key competitors?

Some companies that are related to Dropbox include Datadog (DDOG), Veeva Systems (VEEV), Atlassian (TEAM), ANSYS (ANSS), Twilio (TWLO), Cloudflare (NET), Palantir Technologies (PLTR), Paycom Software (PAYC), Splunk (SPLK), DocuSign (DOCU), Roblox (RBLX), MongoDB (MDB), HubSpot (HUBS), ZoomInfo Technologies (ZI) and SS&C Technologies (SSNC).
View all of DBX's 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), Tesla (TSLA), Netflix (NFLX), Cisco Systems (CSCO), Intel (INTC), Square (SQ) and Salesforce (CRM).

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 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.

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 shareholders include Vanguard Group Inc. (8.14%), Baupost Group LLC MA (2.77%), Renaissance Technologies LLC (2.15%), First Trust Advisors LP (1.31%), Eaton Vance Management (0.98%) and Charles Schwab Investment Management Inc. (0.64%). Company insiders that own Dropbox stock include Ajay Vashee, Bart Volkmer, David Henry Mack, Karen Peacock, Lisa M Campbell, Lisa M Campbell, Robert J Mylod, Jr, Timothy H Young, Timothy H Young and Timothy Regan.
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 Arrowstreet Capital Limited Partnership, First Trust Advisors LP, Loomis Sayles & Co. L P, Skandinaviska Enskilda Banken AB publ , Worldquant Millennium Advisors LLC, Panagora Asset Management Inc., Group One Trading L.P., and Engineers Gate Manager LP. Company insiders that have sold Dropbox company stock in the last year include Bart Volkmer, Karen Peacock, Lisa M Campbell, Timothy H Young, and Timothy Regan.
View insider buying and selling activity for Dropbox or view top insider-selling stocks.

Which institutional investors are buying Dropbox stock?

DBX stock was acquired by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, Great Lakes Advisors LLC, Sawgrass Asset Management LLC, Pacer Advisors Inc., Virginia Retirement Systems ET AL, Greenwood Capital Associates LLC, Mitsubishi UFJ Trust & Banking Corp, and PEAK6 Investments LLC.
View insider buying and selling activity for Dropbox or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $21.13.

How much money does Dropbox make?

Dropbox has a market capitalization of $7.94 billion and generates $2.16 billion in revenue each year. The company earns $335.80 million in net income (profit) each year or $0.939990 on an earnings per share basis.

How many employees does Dropbox have?

Dropbox employs 2,667 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].