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NASDAQ:DBX

Dropbox (DBX) Stock Price, News & Analysis

Dropbox logo
$30.25 +0.46 (+1.54%)
(As of 12/20/2024 05:31 PM ET)

About Dropbox Stock (NASDAQ:DBX)

Key Stats

Today's Range
$29.56
$30.56
50-Day Range
$25.15
$30.80
52-Week Range
$20.68
$33.43
Volume
10.04 million shs
Average Volume
3.63 million shs
Market Capitalization
$9.37 billion
P/E Ratio
17.49
Dividend Yield
N/A
Price Target
$28.67
Consensus Rating
Hold

Company Overview

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.

Dropbox Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

DBX MarketRank™: 

Dropbox scored higher than 67% of companies evaluated by MarketBeat, and ranked 268th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Dropbox has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 3 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    Dropbox has received no research coverage in the past 90 days.

  • Read more about Dropbox's stock forecast and price target.
  • Earnings Growth

    Earnings for Dropbox are expected to grow by 10.07% in the coming year, from $1.49 to $1.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Dropbox is 17.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Dropbox is 17.49, 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 238.08.

  • Price to Earnings Growth Ratio

    Dropbox has a PEG Ratio of 1.68. PEG Ratios above 1 indicate that a company could be overvalued.

  • Percentage of Shares Shorted

    8.04% of the float of Dropbox has been sold short.
  • Short Interest Ratio / Days to Cover

    Dropbox has a short interest ratio ("days to cover") of 6.6.
  • Change versus previous month

    Short interest in Dropbox has recently increased by 6.07%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Dropbox does not currently pay a dividend.

  • Dividend Growth

    Dropbox does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    8.04% of the float of Dropbox has been sold short.
  • Short Interest Ratio / Days to Cover

    Dropbox has a short interest ratio ("days to cover") of 6.6.
  • Change versus previous month

    Short interest in Dropbox has recently increased by 6.07%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Dropbox has a news sentiment score of 0.89. 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 higher news sentiment than the 0.62 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Dropbox this week, compared to 8 articles on an average week.
  • Search Interest

    Only 12 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 Follows

    Only 5 people have added Dropbox to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In 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 $19,279,857.00 in company stock.

  • Percentage Held by Insiders

    26.40% 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 Institutions

    94.84% 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.
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DBX Stock News Headlines

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See More Headlines

DBX Stock Analysis - Frequently Asked Questions

Dropbox's stock was trading at $29.48 at the beginning of the year. Since then, DBX stock has increased by 2.6% and is now trading at $30.25.
View the best growth stocks for 2024 here
.

Dropbox, Inc. (NASDAQ:DBX) released its quarterly earnings results on Thursday, August, 8th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.52 by $0.08. Dropbox's revenue for the quarter was up 1.9% on a year-over-year basis.

Dropbox (DBX) raised $612 million in an initial public offering (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 acted 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.

Dropbox's top institutional shareholders include Pacer Advisors Inc. (2.39%), Jacobs Levy Equity Management Inc. (1.92%), Geode Capital Management LLC (1.34%) and Charles Schwab Investment Management Inc. (0.86%). Insiders that own company stock include Andrew Houston, Timothy H Young, Timothy Regan, Bart Volkmer, Eric Cox and Karen Peacock.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Dropbox investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Salesforce (CRM), Broadcom (AVGO), Adobe (ADBE) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
8/08/2024
Today
12/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:DBX
Fax
N/A
Employees
2,693
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$28.67
High Stock Price Target
$37.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-5.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$453.60 million
Pretax Margin
27.16%

Debt

Sales & Book Value

Annual Sales
$2.54 billion
Cash Flow
$1.80 per share
Book Value
($0.49) per share

Miscellaneous

Free Float
227,961,000
Market Cap
$9.37 billion
Optionable
Optionable
Beta
0.63

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This page (NASDAQ:DBX) was last updated on 12/23/2024 by MarketBeat.com Staff
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