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Dropbox Inc (DBX)
NASDAQ:DBX
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DBX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$20.68 - $33.43
Previous Close$24.47
Volume3.77M
Average Volume (3M)3.33M
Market Cap
$7.96B
Enterprise Value$8.91B
Total Cash (Recent Filing)$1.06B
Total Debt (Recent Filing)$2.01B
Price to Earnings (P/E)14.2
Beta1.03
Next Earnings
Oct 31, 2024EPS Estimate
$0.53Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.72
Shares Outstanding325,417,600
10 Day Avg. Volume2,842,266
30 Day Avg. Volume3,330,349
Standard Deviation0.08
R-Squared0.15
Alpha0.00154
Financial Highlights & Ratios
Price to Book (P/B)-21.46
Price to Sales (P/S)3.15
Price to Cash Flow (P/CF)8.60
P/FCF Ratio8.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.52
Enterprise Value/Gross Profit4.40
Enterprise Value/Ebitda17.07
Forecast
1Y Price Target
$27.20Price Target Upside11.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Dropbox News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDropbox reported generally better-than-expected 2Q24 results, with non-GAAP EPS of $0.60 on revenue of $635M.
Growth PotentialGiven the evolution of work and the long-term opportunity of gen AI, combined with the stock’s modest valuation, a generous stock repurchase program, and cost reduction efforts, value investors may be drawn to Dropbox.
Market LeadershipDropbox remains a leader in the file, sync, and share (FSS) space with 1T+ pieces of content and 700M+ registered users.
Bears Say
CompetitionDropbox faces intense competition in FSS, particularly with large players such as Microsoft and Google.
Execution IssuesDropbox continues to struggle with execution on multiple fronts, especially with pricing for its Teams and Bundled offerings.
Revenue GrowthDropbox’s revenue growth rate has been on a downward trajectory in recent years, a trend expected to continue.
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Ownership Overview
7.18% Insiders
29.40% Mutual Funds
42.21% Other Institutional Investors
21.21% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Dropbox
Desktop Users
Mobile Users
DBX FAQ
What was Dropbox Inc’s price range in the past 12 months?
Dropbox Inc lowest stock price was $20.68 and its highest was $33.43 in the past 12 months.
What is Dropbox Inc’s market cap?
Currently, no data Available
When is Dropbox Inc’s upcoming earnings report date?
Dropbox Inc’s upcoming earnings report date is Oct 31, 2024 which is in 41 days.
How were Dropbox Inc’s earnings last quarter?
Dropbox Inc released its earnings results on Aug 08, 2024. The company reported $0.6 earnings per share for the quarter, beating the consensus estimate of $0.523 by $0.077.
Is Dropbox Inc overvalued?
According to Wall Street analysts Dropbox Inc’s price is currently Undervalued.
Does Dropbox Inc pay dividends?
Dropbox Inc does not currently pay dividends.
What is Dropbox Inc’s EPS estimate?
Dropbox Inc’s EPS estimate is $0.53.
How many shares outstanding does Dropbox Inc have?
Dropbox Inc has 245,866,440 shares outstanding.
What happened to Dropbox Inc’s price movement after its last earnings report?
Dropbox Inc reported an EPS of $0.6 in its last earnings report, beating expectations of $0.523. Following the earnings report the stock price went up 3.267%.
Which hedge fund is a major shareholder of Dropbox Inc?
Among the largest hedge funds holding Dropbox Inc’s share is Bridgewater Associates, LP. It holds Dropbox Inc’s shares valued at 11M.
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Dropbox Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$27.20 (11.16% Upside)
$27.20 (11.16% Upside)
Blogger Sentiment
Bullish
DBX Sentiment 66%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 1.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.69%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-7.49%
Trailing 12-Months
Company Description
Dropbox Inc
Dropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files. Its users also get access to new product 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 unrivalled 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, 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. Dropbox was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.
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DBX Company Deck
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DBX Earnings Call
Q2 2024
0:00 / 0:00
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DBX Revenue Breakdown
56.74% U.S.
43.26% International
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DBX Stock 12 Month Forecast
Average Price Target
$27.20
▲(11.16% Upside)
Technical Analysis
Best Analysts Covering DBX
1 Year
1 Year Success Rate
11/20 ratings generated profit
1 Year Average Return
-0.27%
reiterated a buy rating last month
Copying Rishi Jaluria's trades and holding each position for 1 Year would result in 55.00% of your transactions generating a profit, with an average return of -0.27% per trade.
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