Dropbox Stock Forecast, Price & News

Dropbox (NASDAQ:DBX) Frequently Asked Questions

Is Dropbox a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last twelve months. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Dropbox stock.
View analyst ratings for Dropbox or view top-rated stocks.

What stocks does MarketBeat like better than Dropbox?

Wall Street analysts have given Dropbox a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Dropbox wasn't one of them. MarketBeat thinks these five companies 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, November 4th 2021.
View our earnings forecast for Dropbox.

How were Dropbox's earnings last quarter?

Dropbox, Inc. (NASDAQ:DBX) posted its quarterly earnings data on Thursday, August, 5th. The company reported $0.40 EPS for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.25. The business had revenue of $530.60 million for the quarter, compared to analyst estimates of $524 million. Dropbox had a positive trailing twelve-month return on equity of 108.39% and a negative net margin of 8.73%.
View Dropbox's earnings history.

How has Dropbox's stock price been impacted by Coronavirus?

Dropbox's stock was trading at $16.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DBX stock has increased by 95.2% and is now trading at $31.54.
View which stocks have been most impacted by COVID-19.

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

Dropbox updated its FY 2021 earnings guidance on Friday, September, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.14 billion-$2.14 billion, compared to the consensus revenue estimate of $2.12 billion.

What price target have analysts set for DBX?

6 brokerages have issued 12-month target prices for Dropbox's stock. Their forecasts range from $26.00 to $40.00. On average, they expect Dropbox's share price to reach $35.75 in the next year. This suggests a possible upside of 13.3% from the stock's current price.
View analysts' price targets for Dropbox or view top-rated stocks among Wall Street analysts.

Who are Dropbox's key executives?

Dropbox's management team includes the following people:

• Drew Houston, Chairman & Chief Executive Officer
• Timothy Young, President (LinkedIn Profile)
• Timothy J. Regan, Chief Financial Officer
• Michelle M. Adams, Vice President-Sales America
• Lev Finkelstein, Vice President-Corporate Finance & Strategy

Who are some of Dropbox's key competitors?

Some companies that are related to Dropbox include Synopsys (SNPS), Veeva Systems (VEEV), Datadog (DDOG), Cadence Design Systems (CDNS), Roblox (RBLX), Cloudflare (NET), Unity Software (U), Okta (OKTA), Electronic Arts (EA), HubSpot (HUBS), MongoDB (MDB), ANSYS (ANSS), Paycom Software (PAYC), UiPath (PATH) and ZoomInfo Technologies (ZI).
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).

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 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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.61%), BlackRock Inc. (4.34%), Jefferies Group LLC (0.00%), Renaissance Technologies LLC (2.01%), FMR LLC (1.92%) and First Trust Advisors LP (1.87%). Company insiders that own Dropbox stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, David Henry Mack, Donald W Blair, Karen Peacock, Lisa M Campbell, Quentin Clark, Robert J Mylod, Jr, Timothy H Young, Timothy H Young and Timothy Regan.
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 Nuveen Asset Management LLC, Healthcare of Ontario Pension Plan Trust Fund, Renaissance Technologies LLC, Los Angeles Capital Management LLC, Epoch Investment Partners Inc., Vanguard Group Inc., MUFG Securities EMEA plc, and Capula Management Ltd. Company insiders that have sold Dropbox company stock in the last year include Bart Volkmer, David Henry Mack, Karen Peacock, Lisa M Campbell, Timothy H Young, 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 Jefferies Group LLC, Bank of Montreal Can, Elliott Investment Management L.P., Canada Pension Plan Investment Board, Toronto Dominion Bank, Toronto Dominion Bank, Geode Capital Management LLC, and Border to Coast Pensions Partnership Ltd. Company insiders that have bought Dropbox stock in the last two years include Andrew Houston, and Robert J Mylod, Jr.
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.
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What is Dropbox's stock price today?

One share of DBX stock can currently be purchased for approximately $31.54.

How much money does Dropbox make?

Dropbox has a market capitalization of $12.57 billion and generates $1.91 billion in revenue each year. The company earns $-256,300,000.00 in net income (profit) each year or $0.30 on an earnings per share basis.

How many employees does Dropbox have?

Dropbox employs 2,760 workers across the globe.

What is Dropbox's official website?

The official website for Dropbox is www.dropbox.com.

Where are Dropbox's headquarters?

Dropbox is headquartered at 1800 OWENS STREET, SAN FRANCISCO CA, 94158.

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].