NASDAQ:DBX Dropbox - DBX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Dropbox, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $24.06 -0.28 (-1.15%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$23.77▼$24.5150-Day Range$21.97▼$24.3452-Week Range$19.07▼$25.81Volume2.40 million shsAverage Volume2.07 million shsMarket Capitalization$8.73 billionP/E Ratio25.87Dividend YieldN/APrice Target$26.43 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Dropbox MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside9.8% Upside$26.43 Price TargetShort InterestBearish5.24% of Float Sold ShortDividend StrengthN/ASustainability-0.42Upright™ Environmental ScoreNews Sentiment0.14Based on 4 Articles This WeekInsider TradingSelling Shares$12.80 M Sold Last QuarterProj. Earnings Growth10.34%From $0.87 to $0.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.93 out of 5 starsComputer And Technology Sector343rd out of 610 stocksPrepackaged Software Industry114th out of 215 stocks 1.1 Analyst's Opinion Consensus RatingDropbox has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 3 buy ratings, 2 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.43, Dropbox has a forecasted upside of 9.8% from its current price of $24.06.Amount of Analyst CoverageDropbox has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.24% of the float of Dropbox has been sold short.Short Interest Ratio / Days to CoverDropbox has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Dropbox has recently decreased by 2.76%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldDropbox does not currently pay a dividend.Dividend GrowthDropbox does not have a long track record of dividend growth. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDropbox has received a 32.16% net impact score from Upright. Dropbox seems to create the most significant positive value in categories "Taxes", "Relationships", and "Knowledge infrastructure". The positive contribution in the "Relationships" impact category is driven by its "Collaboration software", "Hosted data storage services", and "File-sharing services" products. See details.Environmental SustainabilityThe Environmental Impact score for Dropbox is -0.42. Previous Next 1.7 News and Social Media Coverage News SentimentDropbox has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Dropbox this week, compared to 4 articles on an average week.Search Interest3 people have searched for DBX on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Dropbox to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn 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 $12,800,641.00 in company stock.Percentage Held by Insiders25.05% of the stock of Dropbox is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions61.80% of the stock of Dropbox is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Dropbox are expected to grow by 10.34% in the coming year, from $0.87 to $0.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dropbox is 25.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Dropbox is 25.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 408.78.Price to Earnings Growth RatioDropbox has a PEG Ratio of 3.37. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Dropbox (NASDAQ:DBX) StockDropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers the following products: Dropbox Basic, Dropbox Plus, Dropbox Professional, and Dropbox Business. The Dropbox Basic is the simple, powerful home for photos, videos, documents, and other files. Its users also get access to Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivaled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Business is designed for small to enterprise level businesses, in which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. The Company was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.Read More Receive DBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dropbox and its competitors with MarketBeat's FREE daily newsletter. Email Address DBX Stock News HeadlinesFebruary 1, 2023 | americanbankingnews.comDropbox (NASDAQ:DBX) versus Porch Group (NASDAQ:PRCH) Critical SurveyJanuary 29, 2023 | americanbankingnews.comInsider Selling: Dropbox, Inc. (NASDAQ:DBX) CFO Sells 2,369 Shares of StockFebruary 4, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 27, 2023 | americanbankingnews.comDropbox, Inc. (NASDAQ:DBX) President Timothy H. Young Sells 15,000 SharesJanuary 26, 2023 | finance.yahoo.comDropbox to Announce Fourth Quarter and Fiscal 2022 Earnings ResultsJanuary 23, 2023 | seekingalpha.comDropbox: Not Storing YetJanuary 18, 2023 | finance.yahoo.comDocSend 2022 Year-End Data Reveals Healthy Fundraising Activity Relative to Historic Timeline, Despite Recent SlowdownDecember 20, 2022 | finance.yahoo.comInvestors Should Be Encouraged By Dropbox's (NASDAQ:DBX) Returns On CapitalFebruary 4, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! December 16, 2022 | finance.yahoo.comDropbox Acquires FormSwiftDecember 10, 2022 | finance.yahoo.comGot 1,000? 2 Cheap Stocks to Buy Right NowNovember 30, 2022 | finance.yahoo.comAn Intrinsic Calculation For Dropbox, Inc. (NASDAQ:DBX) Suggests It's 45% UndervaluedNovember 22, 2022 | finance.yahoo.comDropping in on Dropbox ChartsNovember 22, 2022 | finance.yahoo.comDropbox Requires Significant Measures And Time To Resolve Go-To-Market Rigor, Product Integration, Analyst SaysNovember 9, 2022 | finance.yahoo.comHow Much Upside is Left in Dropbox (DBX)? Wall Street Analysts Think 37%November 9, 2022 | finance.yahoo.comDropbox Third Quarter 2022 Earnings: EPS Beats ExpectationsNovember 4, 2022 | finance.yahoo.comNew DocSend Report Reveals Seed-Stage VCs Zeroing In on Market Fit, Monetization and MomentumNovember 3, 2022 | finance.yahoo.comDropbox Announces Third Quarter Fiscal 2022 ResultsNovember 3, 2022 | finance.yahoo.comDropbox (DBX) Q3 Earnings and Revenues Top EstimatesOctober 13, 2022 | streetinsider.comDropbox to Announce Third Quarter 2022 Earnings Results - StreetInsider.comOctober 13, 2022 | finance.yahoo.comDropbox to Announce Third Quarter 2022 Earnings ResultsOctober 12, 2022 | finance.yahoo.comDocSend Q3 Pitch Deck Interest Metrics Indicate Potential Founder Optimism, Despite Quarterly Decline in Investor Engagement - Yahoo FinanceOctober 12, 2022 | finance.yahoo.comDocSend Q3 Pitch Deck Interest Metrics Indicate Potential Founder Optimism, Despite Quarterly Decline in Investor EngagementOctober 10, 2022 | seekingalpha.comDropbox Is A Buy Here (NASDAQ:DBX) - Seeking AlphaOctober 10, 2022 | finance.yahoo.comIs It Time To Consider Buying Dropbox, Inc. (NASDAQ:DBX)?October 8, 2022 | cnet.comKindle Scribe vs. ReMarkable 2 vs. Kobo Elipsa: Top E Ink Tablets Compared - CNETOctober 8, 2022 | cnet.comHow to Scrub Your iPhone to Free Up Storage - CNETSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DBX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dropbox and its competitors with MarketBeat's FREE daily newsletter. Email Address DBX Company Calendar Last Earnings11/04/2021Today2/04/2023Next Earnings (Confirmed)2/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:DBX CUSIPN/A CIK1467623 Webwww.dropbox.com Phone(415) 857-6800FaxN/AEmployees2,667Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.43 High Stock Price Forecast$34.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+9.8%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$0.93 Trailing P/E Ratio25.87 Forward P/E Ratio27.66 P/E Growth3.44Net Income$335.80 million Net Margins15.25% Pretax Margin15.57% Return on Equity-74.21% Return on Assets12.31% Debt Debt-to-Equity RatioN/A Current Ratio1.37 Quick Ratio1.37 Sales & Book Value Annual Sales$2.16 billion Price / Sales4.04 Cash Flow$1.50 per share Price / Cash Flow16.03 Book Value($0.78) per share Price / Book-30.85Miscellaneous Outstanding Shares362,740,000Free Float271,871,000Market Cap$8.73 billion OptionableOptionable Beta0.81 Key ExecutivesDrew HoustonChairman & Chief Executive OfficerTimothy YoungPresidentTimothy J. ReganChief Financial OfficerLev FinkelsteinVice President-Corporate Finance & StrategyDeborah A. DunnamChief Commercial OfficerKey CompetitorsManhattan AssociatesNASDAQ:MANHGitLabNASDAQ:GTLBQualtrics InternationalNASDAQ:XMNational InstrumentsNASDAQ:NATINutanixNASDAQ:NTNXView All CompetitorsInsiders & InstitutionsC WorldWide Group Holding A SSold 442 shares on 2/3/2023Ownership: 0.085%Fisher Asset Management LLCBought 11,042 shares on 2/3/2023Ownership: 0.026%Hancock Whitney CorpSold 1,168 shares on 2/3/2023Ownership: 0.022%FCF Advisors LLCSold 924 shares on 2/3/2023Ownership: 0.011%Mendota Financial Group LLCBought 7,042 shares on 2/3/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions DBX Stock - Frequently Asked Questions Should I buy or sell Dropbox stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" DBX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBX, but not buy additional shares or sell existing shares. View DBX analyst ratings or view top-rated stocks. What is Dropbox's stock price forecast for 2023? 7 equities research analysts have issued 12-month price objectives for Dropbox's shares. Their DBX share price forecasts range from $20.00 to $34.00. On average, they anticipate the company's share price to reach $26.43 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View analysts price targets for DBX or view top-rated stocks among Wall Street analysts. How have DBX shares performed in 2023? Dropbox's stock was trading at $22.38 at the beginning of the year. Since then, DBX shares have increased by 7.5% and is now trading at $24.06. View the best growth stocks for 2023 here. When is Dropbox's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023. View our DBX earnings forecast. How can I listen to Dropbox's earnings call? Dropbox will be holding an earnings conference call on Thursday, February 16th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Dropbox's earnings last quarter? Dropbox, Inc. (NASDAQ:DBX) announced its quarterly earnings results on Thursday, November, 4th. The company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.35 by $0.02. The firm earned $550.20 million during the quarter, compared to analysts' expectations of $544.72 million. Dropbox had a negative trailing twelve-month return on equity of 74.21% and a net margin of 15.25%. The business's revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.09 earnings per share. What guidance has Dropbox issued on next quarter's earnings? Dropbox updated its fourth quarter 2022 earnings guidance on Friday, November, 18th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $592.00 million-$595.00 million, compared to the consensus revenue estimate of $594.14 million. 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), Block (SQ) and Salesforce (CRM). When did Dropbox IPO? (DBX) raised $612 million in an 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 variety of institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.21%), AustralianSuper Pty Ltd (0.19%), DekaBank Deutsche Girozentrale (0.15%), New York State Common Retirement Fund (0.12%) and Greenwood Capital Associates LLC (0.12%). Insiders that own company stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, David Henry Mack, Donald W Blair, Karen Peacock, Lisa M Campbell, Lisa M Campbell, Robert J Mylod, Jr, Timothy H Young, Timothy H Young and Timothy Regan. View institutional ownership trends. How do I buy shares of Dropbox? Shares of DBX stock 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. Compare Top Brokerages Here. What is Dropbox's stock price today? One share of DBX stock can currently be purchased for approximately $24.06. How much money does Dropbox make? Dropbox (NASDAQ:DBX) has a market capitalization of $8.73 billion and generates $2.16 billion in revenue each year. The company earns $335.80 million in net income (profit) each year or $0.93 on an earnings per share basis. How many employees does Dropbox have? The company employs 2,667 workers across the globe. How can I contact Dropbox? Dropbox's mailing address is 1800 OWENS STREET, SAN FRANCISCO CA, 94158. The official website for the company is www.dropbox.com. The company can be reached via phone at (415) 857-6800 or via email at ir@dropbox.com. This page (NASDAQ:DBX) was last updated on 2/4/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.