NASDAQ:DBX - Dropbox Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$22.57 -0.64 (-2.76 %)
(As of 05/23/2019 03:37 PM ET)
Previous Close$23.21
Today's Range$22.37 - $23.01
52-Week Range$18.50 - $43.50
Volume101,012 shs
Average Volume4.60 million shs
Market Capitalization$10.59 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.43
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.

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.

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$1.39 billion
Book Value$1.50 per share

Profitability

Net Income$-484,900,000.00

Miscellaneous

Employees2,323
Market Cap$10.59 billion
Next Earnings Date8/8/2019 (Estimated)
OptionableOptionable

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) announced its quarterly earnings data on Thursday, May, 9th. The company reported ($0.01) EPS for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.05. The firm earned $385.60 million during the quarter, compared to the consensus estimate of $381.58 million. Dropbox had a negative net margin of 1.85% and a negative return on equity of 3.50%. The firm's revenue was up 21.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.08 earnings per share. View Dropbox's Earnings History.

When is Dropbox's next earnings date?

Dropbox is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. View Earnings Estimates for Dropbox.

What price target have analysts set for DBX?

8 brokers have issued 12 month price targets for Dropbox's stock. Their forecasts range from $25.00 to $37.00. On average, they anticipate Dropbox's stock price to reach $32.50 in the next twelve months. This suggests a possible upside of 44.0% from the stock's current price. View Analyst Price Targets for Dropbox.

What is the consensus analysts' recommendation for Dropbox?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 2 hold ratings and 6 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 trended somewhat positive this week, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dropbox earned a daily sentiment score of 0.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 7.0 out of 10, indicating that recent news coverage is likely to have an effect on the company's share price in the near term.

Are investors shorting Dropbox?

Dropbox saw a increase in short interest in the month of April. As of April 30th, there was short interest totalling 8,409,293 shares, an increase of 52.3% from the April 15th total of 5,520,836 shares. Based on an average daily volume of 5,588,537 shares, the days-to-cover ratio is currently 1.5 days. Approximately 4.1% of the shares of the company 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 Micron Technology (MU), Alibaba Group (BABA), NVIDIA (NVDA), Netflix (NFLX), Square (SQ), Adobe (ADBE), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Canopy Growth (CGC) 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 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 variety of of institutional and retail investors. Top institutional investors include FMR LLC (3.29%), BlackRock Inc. (3.29%), Pictet Asset Management Ltd. (1.02%), First Trust Advisors LP (0.98%), Wells Fargo & Company MN (0.89%) and Victory Capital Management Inc. (0.48%). 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 Oxford Asset Management LLP, Schonfeld Strategic Advisors LLC, Trexquant Investment LP, SG Americas Securities LLC, Goldman Sachs Group Inc., Hsbc Holdings PLC, Morgan Stanley and Victory Capital Management Inc.. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Andrew Houston, Bart Volkmer, Condoleezza Rice, Dennis Woodside, 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 MERIAN GLOBAL INVESTORS UK Ltd, Pictet Asset Management Ltd., BlackRock Inc., Toronto Dominion Bank, FMR LLC, Wells Fargo & Company MN, Renaissance Technologies LLC and Man Group plc. 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, Scottrade, Fidelity and Charles Schwab.

What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $22.57.

How big of a company is Dropbox?

Dropbox has a market capitalization of $10.59 billion and generates $1.39 billion in revenue each year. The company earns $-484,900,000.00 in net income (profit) each year or ($1.31) on an earnings per share basis. Dropbox employs 2,323 workers across the globe.

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 333 BRANNAN STREET, SAN FRANCISCO CA, 94107. 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:  2.9 out of 5 (star star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  177 (Vote Underperform)
Total Votes:  417
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 5/23/2019 by MarketBeat.com Staff

Featured Article: What are earnings reports?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel