Dropbox (DBX) News Today

Dropbox, Inc. (DBX) shares have been moving on the back of its latest quarterly results, updated guidance and an analyst price‐target adjustment. The company beat earnings estimates with margin expansion and strong cash flow, while revenue trends and a UBS price‐target cut have tempered enthusiasm.

• Positive Sentiment: Q2 EPS jumped 18% to $0.71, beating the Zacks consensus by $0.08 and outpacing last year’s $0.60. Zacks: Dropbox Q2 EPS and Revenue Beat
• Positive Sentiment: Shares climbed roughly 3% after the better‐than‐expected Q2 report. MSN: Dropbox stock climbs 3%
• Positive Sentiment: Strong margins and accelerating customer growth drove robust cash flow and sales surprises. Yahoo Finance: Dropbox Surprises With Q2 Sales
• Neutral Sentiment: UBS lowered its price target from $31 to $29 but left the rating at “neutral,” indicating modest upside from current levels. Benzinga: UBS Lowers Price Target
• Neutral Sentiment: Dropbox issued Q3 revenue guidance of $622 M–$625 M (consensus $620.1 M) and full‐year revenue around $2.5 B, largely in line with analyst expectations.
• Negative Sentiment: Revenue dipped 1.4% year-over-year and user counts declined due to the FormSwift pullback. Zacks: Revenues Fall Y/Y