NASDAQ:DBX Dropbox Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Dropbox Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $19.28 -0.22 (-1.13 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$18.85Now: $19.28▼$19.6450-Day Range$19.15MA: $20.61▼$23.2752-Week Range$14.55Now: $19.28▼$24.14Volume10.69 million shsAverage Volume5.07 million shsMarket Capitalization$7.97 billionP/E Ratio275.43Dividend YieldN/ABeta0.82 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingDropbox has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 10 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.64, Dropbox has a forecasted upside of 43.3% from its current price of $19.28.Amount of Analyst CoverageDropbox has only been the subject of 4 research reports in the past 90 days. Previous Next 2.8 Community Rank Outperform VotesDropbox has received 333 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDropbox has received 270 “underperform” votes. (Add your “underperform” vote.)Community SentimentDropbox has received 55.22% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldDropbox does not currently pay a dividend.Dividend GrowthDropbox does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dropbox insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,419,154.00 in company stock.Percentage Held by InsidersOnly 30.81% of the stock of Dropbox is held by insiders.Percentage Held by Institutions54.88% of the stock of Dropbox is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Dropbox are expected to grow by 7.69% in the coming year, from $0.13 to $0.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dropbox is 275.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Dropbox is 275.43, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 61.32.Price to Earnings Growth RatioDropbox has a PEG Ratio of 4.51. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioDropbox has a P/B Ratio of 9.94. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:DBX Previous Symbol CUSIPN/A CIK1467623 Webwww.dropbox.com Phone415-857-6800Debt Debt-to-Equity Ratio1.15 Current Ratio1.25 Quick Ratio1.24Price-To-Earnings Trailing P/E Ratio275.43 Forward P/E Ratio148.31 P/E Growth4.51 Sales & Book Value Annual Sales$1.66 billion Price / Sales4.80 Cash Flow$0.44 per share Price / Cash Flow43.91 Book Value$1.94 per share Price / Book9.94Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-52,700,000.00 Net Margins1.85% Return on Equity9.34% Return on Assets2.79%Miscellaneous Employees2,801 Outstanding Shares413,360,000Market 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 Receive DBX News and Ratings via Email Sign-up to receive the latest news and ratings for DBX and its competitors with MarketBeat's FREE daily newsletter. 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? Some companies that are related to Dropbox include Synopsys (SNPS), Crowdstrike (CRWD), Splunk (SPLK), Cadence Design Systems (CDNS), ANSYS (ANSS), Datadog (DDOG), Okta (OKTA), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Check Point Software Technologies (CHKP), Coupa Software (COUP), Citrix Systems (CTXS), Paycom Software (PAYC), SS&C Technologies (SSNC) and Slack (WORK). View all 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 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
