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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
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A gold storm is coming… (Ad)
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A gold storm is coming… (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
A gold storm is coming… (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
First-Time Investor? Here Are 9 Mistakes You Want To Avoid
A gold storm is coming… (Ad)
Ford Stock Going Forward After Big Earnings Flop
Nvidia Rallies As Investors Bullish On Chipmaker's AI Business
A gold storm is coming… (Ad)
Bright Green Corporation Future May be Getting Brighter
Are Penny Stocks Worth it? Should You Invest in Penny Stocks?
A gold storm is coming… (Ad)
Closing prices for crude oil, gold and other commodities
AI Software Maker EPAM Boasts Biggest Tech-Sector Rally
NASDAQ:DBX

Dropbox - DBX Stock Forecast, Price & News

$24.06
-0.28 (-1.15%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$23.77
$24.51
50-Day Range
$21.97
$24.34
52-Week Range
$19.07
$25.81
Volume
2.40 million shs
Average Volume
2.07 million shs
Market Capitalization
$8.73 billion
P/E Ratio
25.87
Dividend Yield
N/A
Price Target
$26.43

Dropbox MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
9.8% Upside
$26.43 Price Target
Short Interest
Bearish
5.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
0.14mentions of Dropbox in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$12.80 M Sold Last Quarter
Proj. Earnings Growth
10.34%
From $0.87 to $0.96 Per Share

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 stars

Computer And Technology Sector

343rd out of 610 stocks

Prepackaged Software Industry

114th out of 215 stocks

DBX stock logo

About Dropbox (NASDAQ:DBX) Stock

Dropbox, 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.

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DBX Stock News Headlines

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! pixel
Dropbox: Not Storing Yet
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! pixel
Dropbox Acquires FormSwift
Got 1,000? 2 Cheap Stocks to Buy Right Now
Dropping in on Dropbox Charts
Dropbox Announces Third Quarter Fiscal 2022 Results
Dropbox (DBX) Q3 Earnings and Revenues Top Estimates
Dropbox to Announce Third Quarter 2022 Earnings Results
Dropbox Is A Buy Here (NASDAQ:DBX) - Seeking Alpha
Is It Time To Consider Buying Dropbox, Inc. (NASDAQ:DBX)?
See More Headlines
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DBX Company Calendar

Last Earnings
11/04/2021
Today
2/04/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DBX
Fax
N/A
Employees
2,667
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$335.80 million
Pretax Margin
15.57%

Debt

Sales & Book Value

Annual Sales
$2.16 billion
Cash Flow
$1.50 per share
Book Value
($0.78) per share

Miscellaneous

Free Float
271,871,000
Market Cap
$8.73 billion
Optionable
Optionable
Beta
0.81

Key Executives

  • Drew Houston
    Chairman & Chief Executive Officer
  • Timothy YoungTimothy Young
    President
  • Timothy J. ReganTimothy J. Regan
    Chief Financial Officer
  • Lev Finkelstein
    Vice President-Corporate Finance & Strategy
  • Deborah A. Dunnam
    Chief Commercial Officer













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