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NASDAQ:DBX - Dropbox Stock Price, Forecast & News

$19.88
-0.76 (-3.68 %)
(As of 02/27/2020 01:56 AM ET)
Today's Range
$19.73
Now: $19.88
$20.97
50-Day Range
$16.91
MA: $18.32
$22.45
52-Week Range
$16.08
Now: $19.88
$26.20
Volume5.43 million shs
Average Volume6.00 million shs
Market Capitalization$8.26 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.48
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$1.66 billion
Book Value$1.65 per share

Profitability

Net Income$-52,700,000.00

Miscellaneous

Employees2,323
Market Cap$8.26 billion
Next Earnings Date5/14/2020 (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) issued its quarterly earnings data on Thursday, February, 20th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.17. The firm earned $446 million during the quarter, compared to the consensus estimate of $443.35 million. Dropbox had a negative return on equity of 3.67% and a negative net margin of 3.17%. The company's quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 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, May 14th 2020. View Earnings Estimates for Dropbox.

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

Dropbox updated its first quarter 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $452-454 million, compared to the consensus revenue estimate of $448.2 million.

What price target have analysts set for DBX?

11 analysts have issued 12 month target prices for Dropbox's stock. Their forecasts range from $19.00 to $35.00. On average, they expect Dropbox's stock price to reach $27.80 in the next twelve months. This suggests a possible upside of 39.8% from the stock's current price. View Analyst Price Targets for Dropbox.

What is the consensus analysts' recommendation for Dropbox?

11 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 9 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 coverage about DBX stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Dropbox earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect 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 in the month of January. As of January 31st, there was short interest totalling 15,960,000 shares, an increase of 7.6% from the January 15th total of 14,830,000 shares. Based on an average daily volume of 3,740,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 7.3% of the company's stock are short sold. 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), Advanced Micro Devices (AMD), Walt Disney (DIS), Square (SQ), salesforce.com (CRM), Cisco Systems (CSCO) and Paypal (PYPL).

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 (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 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 a number of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.24%), FMR LLC (2.16%), First Trust Advisors LP (1.58%), Soma Equity Partners LP (1.38%), Pictet Asset Management Ltd. (1.28%) and State Street Corp (1.10%). 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 institutional investors are selling Dropbox stock?

DBX stock was sold by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., FMR LLC, First Trust Advisors LP, UBS Group AG, Toronto Dominion Bank, Schonfeld Strategic Advisors LLC, Blair William & Co. IL and Landscape Capital Management L.L.C.. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Arash Ferdowsi, Bart Volkmer, Condoleezza Rice, Quentin Clark, Robert J Mylod Jr, Timothy Regan and Yamini Rangan. View Insider Buying and Selling for Dropbox.

Which institutional investors are buying Dropbox stock?

DBX stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Jacobs Levy Equity Management Inc., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Russell Investments Group Ltd., Soma Equity Partners LP, Marshall Wace North America L.P. and SCP Investment 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 $19.88.

How big of a company is Dropbox?

Dropbox has a market capitalization of $8.26 billion and generates $1.66 billion in revenue each year. 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 1800 OWENS STREET, SAN FRANCISCO CA, 94158. 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:  320 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  571
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 2/27/2020 by MarketBeat.com Staff

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