NASDAQ:DBX Dropbox (DBX) Stock Price, News & Analysis → Trump is sounding the alarm (From Preserve Gold) (Ad) Free dbx Stock Alerts $21.23 +0.31 (+1.48%) (As of 06/14/2024 08:51 PM ET) Add Compare Share Share Today's Range$20.81▼$21.2650-Day Range$20.92▼$24.2052-Week Range$20.81▼$33.43Volume4.24 million shsAverage Volume4.20 million shsMarket Capitalization$7.01 billionP/E Ratio14.06Dividend YieldN/APrice Target$29.78 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Dropbox alerts: Email Address Dropbox MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside40.3% Upside$29.78 Price TargetShort InterestHealthy7.79% of Float Sold ShortDividend StrengthN/ASustainability-0.42Upright™ Environmental ScoreNews Sentiment0.72Based on 10 Articles This WeekInsider TradingSelling Shares$4.61 M Sold Last QuarterProj. Earnings Growth10.32%From $1.26 to $1.39 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.4.52 out of 5 starsComputer And Technology Sector78th out of 585 stocksPrepackaged Software Industry25th out of 197 stocks 3.0 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 only been the subject of 1 research reports in the past 90 days.Read more about Dropbox's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.79% of the float of Dropbox has been sold short.Short Interest Ratio / Days to CoverDropbox has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Dropbox has recently decreased by 9.64%, 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 2.1 News and Social Media Coverage News SentimentDropbox has a news sentiment score of 0.72. 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 0.83 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Dropbox this week, compared to 7 articles on an average week.Search InterestOnly 6 people have searched for DBX on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added Dropbox to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 $4,607,699.00 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Dropbox are expected to grow by 10.32% in the coming year, from $1.26 to $1.39 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dropbox is 14.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Dropbox is 14.06, 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 215.80.Price to Earnings Growth RatioDropbox has a PEG Ratio of 1.47. 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 Oasis GoldThe Scary Fed Idea To Turn Your Dollars Into a Digital Power GrabCash is becoming a relic of the past… Soon, Biden and the Federal Reserve plan to replace the dollar with their own controllable, traceable, programmable digital currency.Act now and claim your free information kit before it's too late! 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 HeadlinesJune 13, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) Insider Eric Cox Sells 8,536 SharesJune 6, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) CEO Sells 82,000 Shares of StockJune 3, 2024 | marketbeat.comDocuSign: Can AI Move the Needle in Fiscal 2025? (DBX)DocuSign Inc. (NASDAQ: DOCU) provides electronic signature and contract lifecycle management (LCM) services. Shares hit highs of $314.70 in 2021 as businessJune 2, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) Director Sells $230,200.00 in StockJune 1, 2024 | insidertrades.comDropbox, Inc. (NASDAQ:DBX) CFO Timothy Regan Sells 3,000 SharesJune 15 at 1:30 AM | americanbankingnews.comDropbox (NASDAQ:DBX) Reaches New 12-Month Low After Insider SellingJune 14 at 10:00 AM | investorplace.com3 Must-Have Stocks to Double Your Net Worth by 2030June 14 at 6:00 AM | americanbankingnews.comEric Cox Sells 8,536 Shares of Dropbox, Inc. (NASDAQ:DBX) StockJune 7, 2024 | americanbankingnews.comAndrew Houston Sells 82,000 Shares of Dropbox, Inc. (NASDAQ:DBX) StockJune 6, 2024 | seekingalpha.comDropbox: The Growth Engine Has Sputtered (Rating Downgrade)June 5, 2024 | prnewswire.comDocSend Report Shows Funding Gap Widens, Underrepresented Founders Hit Hardest by the Venture SlowdownJune 4, 2024 | businesswire.comSoSafe Appoints Dropbox Senior Executive Laura Ryan as Chief People OfficerMay 25, 2024 | msn.comHow to Use a Simpler, Less Intrusive Version of DropboxMay 21, 2024 | finance.yahoo.comInsider Sale: Director Lisa Campbell Sells Shares of Dropbox Inc (DBX)May 17, 2024 | finance.yahoo.comInsider Sale: Chief Legal Officer Bart Volkmer Sells 6,894 Shares of Dropbox Inc (DBX)May 14, 2024 | seekingalpha.comDropbox: Land-And-Expand MasterclassMay 11, 2024 | finance.yahoo.comDropbox First Quarter 2024 Earnings: EPS Beats ExpectationsMay 11, 2024 | ca.investing.comDropBox delivers better-than-expected profitability for 1QMay 10, 2024 | markets.businessinsider.comRBC Capital Reaffirms Their Buy Rating on Dropbox (DBX)May 10, 2024 | finance.yahoo.comDropbox Inc (DBX) Q1 2024 Earnings: Surpasses Revenue Estimates with Strong ProfitabilityMay 10, 2024 | finance.yahoo.comDropbox, Inc. (NASDAQ:DBX) Q1 2024 Earnings Call TranscriptMay 10, 2024 | msn.comDropbox Earnings: Despite Q1 Beat, 5-Star Analyst Is BearishMay 10, 2024 | finance.yahoo.comHere's Why Dropbox, Inc.'s (NASDAQ:DBX) CEO Compensation Is The Least Of Shareholders ConcernsMay 10, 2024 | proactiveinvestors.comDropBox delivers better-than-expected profitability for Q1May 10, 2024 | markets.businessinsider.comMaintaining Sell Rating on Dropbox Amidst Growth Challenges and Market PressuresSee 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 Earnings5/09/2024Today6/17/2024Next Earnings (Estimated)8/01/2024Fiscal 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+40.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.51 Trailing P/E Ratio14.06 Forward P/E Ratio16.85 P/E Growth1.47Net Income$453.60 million Net Margins20.50% Pretax Margin24.50% Return on Equity-148.13% Return on Assets15.22% Debt Debt-to-Equity RatioN/A Current Ratio1.15 Quick Ratio1.15 Sales & Book Value Annual Sales$2.52 billion Price / Sales2.78 Cash Flow$1.79 per share Price / Cash Flow11.87 Book Value($0.49) per share Price / Book-43.33Miscellaneous Outstanding Shares330,192,000Free Float243,021,000Market Cap$7.01 billion OptionableOptionable Beta0.68 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 CompetitorsRealPageNASDAQ:RPAnaplanNYSE:PLANnCinoNASDAQ:NCNOAlteryxNYSE:AYXBlackLineNASDAQ:BLView All CompetitorsInsiders & InstitutionsEric CoxSold 8,536 sharesTotal: $181,560.72 ($21.27/share)DekaBank Deutsche GirozentraleSold 313,625 shares on 6/4/2024Ownership: 0.568%Aurora Investment CounselSold 29,309 shares on 6/4/2024Ownership: 0.011%Andrew HoustonSold 82,000 sharesTotal: $1.84 M ($22.40/share)Timothy ReganSold 3,000 sharesTotal: $69,360.00 ($23.12/share)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 equities research analysts have issued 12-month target prices for Dropbox's shares. Their DBX share price targets range from $22.00 to $37.00. On average, they expect the company's stock price to reach $29.78 in the next twelve months. This suggests a possible upside of 40.3% 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 beginning of 2024. Since then, DBX shares have decreased by 28.0% and is now trading at $21.23. View the best growth stocks for 2024 here. Are investors shorting Dropbox? Dropbox saw a decline in short interest during the month of May. As of May 31st, there was short interest totaling 18,650,000 shares, a decline of 9.6% from the May 15th total of 20,640,000 shares. Based on an average trading volume of 4,240,000 shares, the short-interest ratio is currently 4.4 days. Currently, 7.8% of the company's shares 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, August 1st 2024. View our DBX earnings forecast. How were Dropbox's earnings last quarter? Dropbox, Inc. (NASDAQ:DBX) issued its earnings results on Thursday, May, 9th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.13. The business earned $631.30 million during the quarter, compared to analyst estimates of $628.81 million. Dropbox had a negative trailing twelve-month return on equity of 148.13% and a net margin of 20.50%. 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), ALPS Level Four Large Cap Growth Active ETF (LGRO), SRH U.S. Quality ETF (SRHQ), WisdomTree Cloud Computing Fund (WCLD), iShares Virtual Work and Life Multisector ETF (IWFH) and Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD). What guidance has Dropbox issued on next quarter's earnings? Dropbox issued an update on its second quarter 2024 earnings guidance on Friday, May, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $628.0 million-$631.0 million, compared to the consensus revenue estimate of $631.5 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 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. Who are Dropbox's major shareholders? Dropbox's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.96%), Jacobs Levy Equity Management Inc. (1.36%), LSV Asset Management (1.00%), Acadian Asset Management LLC (0.95%), Nordea Investment Management AB (0.62%) and Russell Investments Group Ltd. (0.57%). Insiders that own company stock include Andrew Houston, Bart Volkmer, Eric Cox, Karen Peacock, 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 6/17/2024 by MarketBeat.com Staff From Our PartnersHurry! 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