NASDAQ:DBX

Dropbox Stock Forecast, Price & News

$31.27
+0.69 (+2.26 %)
(As of 09/23/2021 04:00 PM ET)
Add
Compare
Today's Range
$30.60
$31.33
50-Day Range
$29.81
$32.44
52-Week Range
$17.66
$33.00
Volume3.01 million shs
Average Volume5.93 million shs
Market Capitalization$12.46 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.9
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 Dropbox and its competitors with MarketBeat's FREE daily newsletter.


Dropbox logo

About Dropbox

Dropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files. Its users also get access to new product Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivalled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Business is designed for small to enterprise level businesses, which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. Dropbox was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.59 out of 5 stars

Computer And Technology Sector

101st out of 858 stocks

Prepackaged Software Industry

18th out of 251 stocks

Analyst Opinion: 2.3Community Rank: 4.7Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Dropbox (NASDAQ:DBX) Frequently Asked Questions

Is Dropbox a buy right now?

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

What stocks does MarketBeat like better than Dropbox?

Wall Street analysts have given Dropbox a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Dropbox wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Dropbox's next earnings date?

Dropbox is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Dropbox
.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) posted its quarterly earnings results on Thursday, August, 5th. The company reported $0.40 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.25. The business had revenue of $530.60 million for the quarter, compared to analyst estimates of $524 million. Dropbox had a negative net margin of 8.73% and a positive trailing twelve-month return on equity of 108.39%.
View Dropbox's earnings history
.

How has Dropbox's stock been impacted by Coronavirus?

Dropbox's stock was trading at $16.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DBX stock has increased by 93.5% and is now trading at $31.27.
View which stocks have been most impacted by COVID-19
.

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

Dropbox updated its FY 2021 earnings guidance on Friday, September, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $2.14 billion-$2.14 billion, compared to the consensus revenue estimate of $2.12 billion.

What price target have analysts set for DBX?

6 equities research analysts have issued 12 month price targets for Dropbox's stock. Their forecasts range from $26.00 to $40.00. On average, they expect Dropbox's share price to reach $35.75 in the next twelve months. This suggests a possible upside of 14.3% 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:
  • Drew Houston, Chairman & Chief Executive Officer
  • Timothy Young, President (LinkedIn Profile)
  • Timothy J. Regan, Chief Financial Officer
  • Michelle M. Adams, Vice President-Sales America
  • Lev Finkelstein, Vice President-Corporate Finance & Strategy

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.com (CRM).

When did Dropbox IPO?

(DBX) raised $612 million in an IPO 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 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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.61%), BlackRock Inc. (4.34%), Jefferies Group LLC (0.00%), Renaissance Technologies LLC (2.01%), FMR LLC (1.92%) and First Trust Advisors LP (1.87%). Company insiders that own Dropbox stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, David Henry Mack, Donald W Blair, Karen Peacock, Lisa M Campbell, Quentin Clark, Robert J Mylod, Jr, Timothy H Young, Timothy H Young and Timothy Regan.
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 Nuveen Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Renaissance Technologies LLC, Los Angeles Capital Management LLC, Epoch Investment Partners Inc., Vanguard Group Inc., MUFG Securities EMEA plc, and Capula Management Ltd. Company insiders that have sold Dropbox company stock in the last year include Bart Volkmer, David Henry Mack, 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 major investors are buying Dropbox stock?

DBX stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Bank of Montreal Can, Elliott Investment Management L.P., Canada Pension Plan Investment Board, Toronto Dominion Bank, Toronto Dominion Bank, Geode Capital Management LLC, and Border to Coast Pensions Partnership Ltd. Company insiders that have bought Dropbox stock in the last two years include Andrew Houston, and Robert J Mylod, Jr.
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.
Compare Top Brokerages Here.

What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $31.27.

How much money does Dropbox make?

Dropbox has a market capitalization of $12.46 billion and generates $1.91 billion in revenue each year. The company earns $-256,300,000.00 in net income (profit) each year or $0.30 on an earnings per share basis.

How many employees does Dropbox have?

Dropbox employs 2,760 workers across the globe.

What is Dropbox's official website?

The official website for Dropbox is www.dropbox.com.

Where are Dropbox's headquarters?

Dropbox is headquartered at 1800 OWENS STREET, SAN FRANCISCO CA, 94158.

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 9/24/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.