NASDAQ:DBX

Dropbox Stock Forecast, Price & News

Followed 109 Times

$22.08

-0.61 (-2.69 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$22.03

Now: $22.08▼

$22.93

50-Day Range

$19.54

MA: $22.36▼

$24.87

52-Week Range

$14.55

Now: $22.08▼

$25.16

Volume5.88 million shs

Average Volume5.92 million shs

Market Capitalization$9.13 billion

P/E Ratio116.21

Dividend YieldN/A

Beta0.89

Dropbox, Inc. provides a collaboration platform worldwide. The company's 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. As of December 31, 2019, it had approximately 600 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.

MarketRank^™

Overall MarketRank^™

1.62 out of 5 stars

Computer And Technology Sector

218th out of 1,258 stocks

Prepackaged Software Industry

44th out of 231 stocks

3.3 Analyst's Opinion

Consensus Rating
Dropbox has received a consensus rating of Buy. The company's average rating score is 2.64, and is based on 8 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $28.38, Dropbox has a forecasted upside of 28.5% from its current price of $22.08.
Amount of Analyst Coverage
Dropbox has only been the subject of 1 research reports in the past 90 days.

2.7 Community Rank

Outperform Votes
Dropbox has received 335 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Dropbox has received 276 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Dropbox has received 54.83% “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.

0.0 Dividend Strength

Dividend Yield
Dropbox does not currently pay a dividend.
Dividend Growth
Dropbox does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In 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 $895,722.00 in company stock.
Percentage Held by Insiders
Only 30.81% of the stock of Dropbox is held by insiders.
Percentage Held by Institutions
62.02% of the stock of Dropbox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Dropbox are expected to grow by 8.70% in the coming year, from $0.23 to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dropbox is 116.21, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.08.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dropbox is 116.21, 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 91.33.
Price to Earnings Growth Ratio
Dropbox has a PEG Ratio of 2.14. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Dropbox has a P/B Ratio of 11.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Phone415-857-6800

Employees2,801

Debt

Debt-to-Equity Ratio0.20

Current Ratio1.30

Quick Ratio1.30

Price-To-Earnings

Trailing P/E Ratio116.21

Forward P/E Ratio96.00

P/E Growth2.14

Sales & Book Value

Annual Sales$1.66 billion

Price / Sales5.50

Cash Flow$0.46 per share

Price / Cash Flow48.13

Book Value$1.94 per share

Price / Book11.38

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-52,700,000.00

Net Margins4.47%

Return on Equity15.02%

Return on Assets4.45%

Miscellaneous

Outstanding Shares413,620,000

Market Cap$9.13 billion

Next Earnings Date2/18/2021 (Estimated)

OptionableOptionable

$22.08

-0.61 (-2.69 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Dropbox (NASDAQ:DBX) Frequently Asked Questions

How has Dropbox's stock price 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 shares have increased by 36.6% and is now trading at $22.08.
View which stocks have been most impacted by COVID-19.

Is Dropbox a buy right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 1 sell rating, 2 hold ratings and 8 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Dropbox?

Wall Street analysts have given Dropbox a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Dropbox wasn't one of them. MarketBeat thinks these five stocks 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, February 18th 2021.
View our earnings forecast for Dropbox.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) posted its earnings results on Thursday, November, 5th. The company reported $0.26 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.08. The firm had revenue of $487.40 million for the quarter, compared to the consensus estimate of $483.64 million. Dropbox had a return on equity of 15.02% and a net margin of 4.47%. The business's revenue for the quarter was up 13.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share.
View Dropbox's earnings history.

What price target have analysts set for DBX?

11 equities research analysts have issued 12 month price targets for Dropbox's shares. Their forecasts range from $22.00 to $35.00. On average, they expect Dropbox's share price to reach $28.38 in the next twelve months. This suggests a possible upside of 28.5% from the stock's current price.
View analysts' price targets for Dropbox or view Wall Street analyst' top-rated stocks.

Who are some of Dropbox's key competitors?

Some companies that are related to Dropbox include Okta (OKTA), Datadog (DDOG), ANSYS (ANSS), Atlassian (TEAM), Splunk (SPLK), Cloudflare (NET), Slack Technologies (WORK), Coupa Software (COUP), Paycom Software (PAYC), MongoDB (MDB), Take-Two Interactive Software (TTWO), Check Point Software Technologies (CHKP), HubSpot (HUBS), ZoomInfo Technologies (ZI) and NICE (NICE).
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.com (CRM).

Who are Dropbox's key executives?

Dropbox's management team includes the following people:

Mr. Andrew W. Houston, Co-Founder, CEO & Chairman (Age 37, Pay $1.39M)
Mr. Timothy H. Young, Pres (Age 38, Pay $233.64k)
Mr. Timothy J. Regan, Chief Accounting Officer & CFO (Age 43)
Ms. Olivia Nottebohm, Chief Operating Officer (Age 42)
Mr. Rob Bradley IRC, Head of Investor Relations
Mr. Bart E. Volkmer Esq., Chief Legal Officer (Age 45)
Ms. Lin-Hua Wu, Chief Communications Officer
Ms. Tifenn Dano Kwan, Chief Marketing Officer
Ms. Melanie Collins, Chief People Officer
Ms. Mary Anne Becking, VP of Corp. Legal

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 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 investors include Ardevora Asset Management LLP (0.70%), Clarius Group LLC (0.01%), IFM Investors Pty Ltd (0.01%), Avondale Wealth Management (0.01%), Legacy Advisors LLC (0.00%) and Sowell Financial Services LLC (0.00%). 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 institutional investors are selling Dropbox stock?

DBX stock was sold by a variety of institutional investors in the last quarter, including Sowell Financial Services LLC. 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, 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 Ardevora Asset Management LLP, Legacy Advisors LLC, Clarius Group LLC, Avondale Wealth Management, and IFM Investors Pty Ltd.
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.

What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $22.08.

How big of a company is Dropbox?

Dropbox has a market capitalization of $9.13 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 1/17/2021 by MarketBeat.com Staff

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