NASDAQ:DBX Dropbox (DBX) Stock Price, News & Analysis → Obama’s Forever Term [exposed] (From Porter & Company) (Ad) Free DBX Stock Alerts $23.32 -0.29 (-1.23%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$23.28▼$23.6450-Day Range$22.76▼$24.5352-Week Range$21.19▼$33.43Volume4.02 million shsAverage Volume3.87 million shsMarket Capitalization$8.02 billionP/E Ratio17.67Dividend YieldN/APrice Target$29.78 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Dropbox alerts: Email Address Dropbox MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside27.7% Upside$29.78 Price TargetShort InterestHealthy7.61% of Float Sold ShortDividend StrengthN/ASustainability-0.42Upright™ Environmental ScoreNews Sentiment0.14Based on 15 Articles This WeekInsider TradingSelling Shares$6.44 M Sold Last QuarterProj. Earnings Growth15.79%From $1.14 to $1.32 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.96 out of 5 starsComputer And Technology Sector17th out of 592 stocksPrepackaged Software Industry6th out of 201 stocks 4.0 Analyst's Opinion Consensus RatingDropbox has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 4 hold ratings, and 3 sell ratings.Amount of Analyst CoverageDropbox has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Dropbox's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.61% of the float of Dropbox has been sold short.Short Interest Ratio / Days to CoverDropbox has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Dropbox has recently decreased by 9.17%, indicating that investor sentiment is improving significantly. 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 2.9 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 0.40 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Dropbox this week, compared to 6 articles on an average week.Search Interest7 people have searched for DBX on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.MarketBeat Follows9 people have added Dropbox to their MarketBeat watchlist in the last 30 days. This is an increase of 80% 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 $6,443,955.00 in company stock.Percentage Held by Insiders26.40% 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 Institutions94.84% of the stock of Dropbox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Dropbox's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Dropbox are expected to grow by 15.79% in the coming year, from $1.14 to $1.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dropbox is 17.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Dropbox is 17.67, 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 263.54.Price to Earnings Growth RatioDropbox has a PEG Ratio of 2.62. PEG Ratios above 1 indicate that a company could be overvalued.Read more about Dropbox's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About Dropbox Stock (NASDAQ:DBX)Dropbox, Inc. provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.Read More DBX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DBX Stock News HeadlinesMay 4, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) CEO Sells $1,922,080.00 in StockMay 4, 2024 | insidertrades.comTimothy Regan Sells 3,000 Shares of Dropbox, Inc. (NASDAQ:DBX) StockMay 9, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…May 3, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) CFO Sells $70,800.00 in StockApril 18, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) CFO Sells $69,330.00 in StockMay 8, 2024 | markets.businessinsider.comDropbox is about to announce its earnings — here's what to expectMay 8, 2024 | finance.yahoo.comDropbox (DBX) Reports Q1: Everything You Need To Know Ahead Of EarningsMay 7, 2024 | seekingalpha.comDropbox: Attractive Forward Returns With UpsideMay 9, 2024 | Paradigm Press (Ad)Bitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…May 5, 2024 | americanbankingnews.comAndrew Houston Sells 82,000 Shares of Dropbox, Inc. (NASDAQ:DBX) StockMay 3, 2024 | americanbankingnews.comDropbox, Inc. (NASDAQ:DBX) Given Consensus Recommendation of "Hold" by BrokeragesMay 2, 2024 | msn.comDropbox Data Breach: How to Check if You’re AffectedMay 2, 2024 | forbes.comDropbox Warns Hacker Accessed Customer Passwords And 2FA DataMay 2, 2024 | americanbankingnews.comDropbox (DBX) to Release Earnings on ThursdayMay 1, 2024 | bloomberg.comDropbox Says Hackers Breached Digital-Signature ProductApril 28, 2024 | nasdaq.comJune 7th Options Now Available For Dropbox (DBX)April 27, 2024 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for Dropbox (DBX)April 25, 2024 | msn.comDropbox boosts security with end-to-end encryption, adds Microsoft Teams and Copilot integrationsApril 24, 2024 | businesswire.comDropbox 2024 Spring Release: Introducing Seamless End-to-end Encryption, Microsoft Co-Authoring, New Dropbox Replay Features, and MoreApril 19, 2024 | seekingalpha.comCanterbury Tollgate 2023 Investor Letter (Year End)April 18, 2024 | finance.yahoo.comDropbox, Inc. (DBX)April 18, 2024 | businesswire.comDropbox to Announce First Quarter 2024 Earnings ResultsApril 17, 2024 | msn.comDropbox CEO believes that return-to-office mandates are toxicApril 16, 2024 | msn.comDropbox CEO says employees appreciate remote work more than cushy office perks: 'they value flexibility a lot more than snacks'April 14, 2024 | nasdaq.comMay 31st Options Now Available For Dropbox (DBX)April 11, 2024 | prnewswire.comInvestor Activity Surpasses 2021 Engagement Levels, Hits Q1 Record High According to DocSend 2024 DataApril 11, 2024 | finance.yahoo.comBear of the Day: Dropbox, Inc. (DBX)See More Headlines 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 Company Calendar Last Earnings2/15/2024Today5/08/2024Next Earnings (Confirmed)5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorComputer and Technology Industry Prepackaged software Sub-IndustryN/A Current SymbolNASDAQ:DBX CUSIPN/A CIK1467623 Webwww.dropbox.com Phone(415) 857-6800FaxN/AEmployees2,693Year FoundedN/APrice Target and Rating Average Stock Price Target$29.78 High Stock Price Target$37.00 Low Stock Price Target$22.00 Potential Upside/Downside+27.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.32 Trailing P/E Ratio17.67 Forward P/E Ratio20.46 P/E Growth2.62Net Income$453.60 million Net Margins18.13% Pretax Margin22.16% Return on Equity-120.82% Return on Assets13.10% Debt Debt-to-Equity RatioN/A Current Ratio1.26 Quick Ratio1.26 Sales & Book Value Annual Sales$2.50 billion Price / Sales3.21 Cash Flow$1.79 per share Price / Cash Flow13.06 Book Value($0.49) per share Price / Book-47.59Miscellaneous Outstanding Shares343,980,000Free Float253,172,000Market Cap$8.02 billion OptionableOptionable Beta0.70 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Andrew W. Houston (Age 40)Co-Founder, Interim President, CEO & Chairman Comp: $1.54MMr. Timothy J. Regan CPA (Age 46)Chief Financial Officer Comp: $914kMr. Bart E. Volkmer Esq. (Age 49)Chief Legal Officer Comp: $801.57kMr. Eric Cox (Age 53)Chief Customer Officer Comp: $250kMs. Saman AsheerVice President of CommunicationsMs. Melanie CollinsChief People OfficerMore ExecutivesKey CompetitorsThe Descartes Systems GroupNASDAQ:DSGXGitLabNASDAQ:GTLBInformaticaNYSE:INFAAppFolioNASDAQ:APPFRealPageNASDAQ:RPView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 790,191 shares on 5/8/2024Ownership: 0.567%QRG Capital Management Inc.Sold 14,920 shares on 5/8/2024Ownership: 0.062%US Bancorp DESold 19,985 shares on 5/8/2024Ownership: 0.007%ProShare Advisors LLCSold 789 shares on 5/8/2024Ownership: 0.004%Atomi Financial Group Inc.Bought 19,912 shares on 5/7/2024Ownership: 0.006%View All Insider TransactionsView All Institutional Transactions DBX Stock Analysis - Frequently Asked Questions Should I buy or sell Dropbox stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last year. There are currently 3 sell ratings, 4 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 target for 2024? 10 Wall Street analysts have issued 12 month price targets for Dropbox's shares. Their DBX share price targets range from $22.00 to $37.00. On average, they predict the company's stock price to reach $29.78 in the next twelve months. This suggests a possible upside of 27.7% 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 2024? Dropbox's stock was trading at $29.48 at the start of the year. Since then, DBX stock has decreased by 20.9% and is now trading at $23.32. View the best growth stocks for 2024 here. Are investors shorting Dropbox? Dropbox saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 19,210,000 shares, a decline of 9.2% from the March 31st total of 21,150,000 shares. Based on an average trading volume of 4,100,000 shares, the short-interest ratio is currently 4.7 days. Currently, 7.6% of the shares of the stock are sold short. View Dropbox's Short Interest. When is Dropbox's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our DBX earnings forecast. How can I listen to Dropbox's earnings call? Dropbox will be holding an earnings conference call on Thursday, May 9th 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 earnings results on Thursday, February, 15th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.01. The company earned $635 million during the quarter, compared to analyst estimates of $630.77 million. Dropbox had a net margin of 18.13% and a negative trailing twelve-month return on equity of 120.82%. What ETFs hold Dropbox's stock? ETFs with the largest weight of Dropbox (NASDAQ:DBX) stock in their portfolio include Global X Cloud Computing ETF (CLOU), ERShares Entrepreneurs ETF (ENTR), Simplify Volt Cloud and Cybersecurity Disruption ETF (VCLO), SRH U.S. Quality ETF (SRHQ), iShares Virtual Work and Life Multisector ETF (IWFH), WisdomTree Cloud Computing Fund (WCLD), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and Fidelity Cloud Computing ETF (FCLD). What guidance has Dropbox issued on next quarter's earnings? Dropbox updated its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $627.0 million-$630.0 million, compared to the consensus revenue estimate of $631.4 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? Dropbox (DBX) raised $612 million in an initial public offering 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. Who are Dropbox's major shareholders? Dropbox's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include LSV Asset Management (1.00%), Nordea Investment Management AB (0.62%), Russell Investments Group Ltd. (0.57%), Mirae Asset Global Investments Co. Ltd. (0.33%), Principal Financial Group Inc. (0.28%) and Swiss National Bank (0.22%). Insiders that own company stock include Andrew Houston, Bart Volkmer, David Henry Mack, Karen Peacock, Lisa M Campbell, Lisa M Campbell, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:DBX) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressObama’s Forever Term [exposed]Porter & CompanyThe A.I. story nobody is telling you (Read ASAP)TradeSmithExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersRSVP: Charles Payne’s Cash Flow WorkshopUnstoppable ProsperityThe #1 Crypto for AIWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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