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

Dropbox trades on the NASDAQ under the ticker symbol "DBX."

Dropbox Inc (NASDAQ:DBX) posted its earnings results on Thursday, August, 9th. The company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.06 by $0.05. The company had revenue of $339.20 million for the quarter, compared to analysts' expectations of $330.90 million. The business's revenue was up 27.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.06 earnings per share. View Dropbox's Earnings History.

Dropbox is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Dropbox.

13 brokerages have issued twelve-month price objectives for Dropbox's stock. Their predictions range from $21.00 to $40.00. On average, they expect Dropbox's share price to reach $34.2308 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for 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.

Dropbox saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 11,688,171 shares, an increase of 32.4% from the July 13th total of 8,829,648 shares. Based on an average daily trading volume, of 3,189,782 shares, the short-interest ratio is currently 3.7 days. Currently, 23.9% of the company's stock are short sold. View Dropbox's Current Options Chain.

Some companies that are related to Dropbox include Dassault Systemes (DASTY), Electronic Arts (EA), ServiceNow (NOW), Square (SQ), Autodesk (ADSK), Check Point Software Technologies (CHKP), CA (CA), Citrix Systems (CTXS), Splunk (SPLK), Shopify (SHOP), ANSYS (ANSS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), Mobileye (MBBYF), Synopsys (SNPS) and SS&C Technologies (SSNC).

(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 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.

Dropbox's lock-up period expires on Wednesday, September 19th. Dropbox had issued 36,000,000 shares in its public offering on March 23rd. The total size of the offering was $756,000,000 based on an initial share price of $21.00. After the expiration of Dropbox's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

News articles about DBX stock have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dropbox earned a media and rumor sentiment score of 0.15 on Accern's scale. They also gave news articles about the company an impact score of 41.07 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Dropbox.

Dropbox's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.47%), FMR LLC (0.60%), Federated Investors Inc. PA (0.41%), Partner Fund Management L.P. (0.39%), Morgan Stanley (0.32%) and Light Street Capital Management LLC (0.22%). View Institutional Ownership Trends for Dropbox.

DBX stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, BlackRock Inc., Light Street Capital Management LLC and State of New Jersey Common Pension Fund D. View Insider Buying and Selling for Dropbox.

DBX stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Partner Fund Management L.P., FMR LLC, Federated Investors Inc. PA, First Trust Advisors LP, Schwab Charles Investment Management Inc., Philadelphia Trust Co. and Arrowgrass Capital Partners US LP. View Insider Buying and Selling for 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.

One share of DBX stock can currently be purchased for approximately $27.96.

Dropbox has a market capitalization of $10.78 billion and generates $1.11 billion in revenue each year. Dropbox employs 1,858 workers across the globe.

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]