Dropbox, Inc. (DBX)
| Market Cap | 7.75B +0.1% |
| Revenue (ttm) | 2.53B -0.0% |
| Net Income | 442.80M -8.8% |
| EPS | 1.81 +11.9% |
| Shares Out | 217.44M |
| PE Ratio | 19.72 |
| Forward PE | 11.35 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,365,260 |
| Open | 35.51 |
| Previous Close | 35.60 |
| Day's Range | 35.03 - 35.81 |
| 52-Week Range | 21.70 - 38.17 |
| Beta | 0.63 |
| Analysts | Sell |
| Price Target | 31.80 (-10.72%) |
| Est. Earnings | Nov 5, 2026 |
About DBX
Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company’s platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features. Its platform consists of various elements, such as unified home for content, global sharing network, and product experiences and integrations. The company serves customers in the professional services, technology, media, education, industrial, consumer and retail... [Read more]
Financial Performance
In 2025, Dropbox's revenue was $2.52 billion, a decrease of -1.07% compared to the previous year's $2.55 billion. Earnings were $508.40 million, an increase of 12.40%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for DBX stock is "Sell." The 12-month stock price target is $31.8, which is a decrease of -10.72% from the latest price.
News
Dropbox Stock Falls on Downgrade as Price Prematurely Reflects AI Growth, Says Analyst
Dropbox falls after receiving a downgrade from Citi, which cites valuation concerns.
Citi downgrades Dropbox to Sell with too much AI success priced in
Citi downgraded Dropbox (DBX) to Sell from Neutral with a price target of $29, down from $33. The stock’s current valuation reflects too much success for Dropbox’s pivot to AI…
Dropbox downgraded to Sell from Neutral at Citi
Citi downgraded Dropbox (DBX) to Sell from Neutral with a $29 price target
Dropbox shuts down Lenovo ID integration after breach
Dropbox (DBX) has emailed multiple users advising them that a security breach led to unauthorized access to their accounts. Developer Yoni Levy posted a copy of the notification to his…
Dropbox says about 5,000 accounts compromised in August hack
Dropbox said on Tuesday that around 5,000 accounts were compromised last month, with hackers viewing and downloading content stored on the cloud-storage platform.
How Dropbox's co-CEO decides which meetings to skip
Dropbox co-CEO Ashraf Alkarmi chooses five areas each quarter where he can make significant progress. He said it has become a "filter" for how he spends his time.
Why Dropbox is sticking with remote work, according to its new co-CEO
Dropbox has been "virtual-first" since 2021, and its new co-CEO says he plans to keep that model. The company has a mostly remote structure, and hosts a handful of off-site gatherings.
Dropbox price target raised to $33 from $28 at Citi
Citi raised the firm’s price target on Dropbox (DBX) to $33 from $28 and keeps a Neutral rating on the shares.
Dropbox price target raised to $30 from $28 at BofA
BofA raised the firm’s price target on Dropbox (DBX) to $30 from $28 and keeps an Underperform rating on the shares. Dropbox delivered better-than-expected Q2 results, driven by improving fundamentals...
Dropbox upgraded to Market Perform from Underperform at William Blair
William Blair upgraded Dropbox (DBX) to Market Perform from Underperform without a price target The company reported solid Q2 results, the analyst tells investors in a research note. Blair cites…
Dropbox raises FY26 GAPP revenue view to $2.513B-$2.523B from $2.5B-$2.51B
FY26 consensus $2.51B. Sees FY26 constant currency revenue $2.482B-$2.492B. Sees FY26 adjusted gross margin about 81.5%. Raises FY26 adjusted oprating margin view to 40.0%-40.5% from 39.5%-40%. Sees F...
Dropbox sees Q3 GAAP revenue $627M-$630M, consensus $626M
Sees Q3 constant currency revenue $621M-$624M. Guidance taken from investor presentation slides.
Dropbox Earnings Call Transcript: Q2 2026
Q2 saw revenue and user growth, with 96,000 net new paying users and strong cash flow. AI integration and product improvements drove engagement, while gross margin faced pressure from compute costs. Guidance for 2026 was raised, reflecting confidence in durable growth and ongoing capital returns.
Dropbox Earnings release: Q2 2026
Dropbox released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Dropbox Slides: Q2 2026
Dropbox has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Dropbox Quarterly report: Q2 2026
Dropbox has published its Q2 2026 quarterly earnings report on August 6, 2026.
Dropbox Prepared remarks: Q2 2026
Dropbox filed a regulatory document on August 6, 2026 disclosing important business information.
Dropbox reports Q2 adjusted EPS 75c, consensus 74c
Reports Q2 revenue $631.5M, consensus $626.35M. “Q2 reinforced that our return to growth in the core business is not a one-quarter event,” said Ashraf Alkarmi, co-Chief Executive Officer of Dropbox…
Dropbox Announces Second Quarter 2026 Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its second quarter ended June 30, 2026. "Q2 reinforced that our return to growth in the core business...
Dropbox's co-CEOs have a keyword they use to resolve disagreements at work
Dropbox's co-CEO Ashraf Alkarmi said a foundation of trust and respect between colleagues is critical. Alkarmi, who leads alongside founder Drew Houston, said the two have a keyword to end debates.
Dropbox to Announce Second Quarter 2026 Earnings Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the second quarter ended June 30, 2026 after market close on Thursday, August 6, 2...
Dropbox announces $900M stock repurchase program
The company announced the authorization of a new share repurchase program for the purchase of an additional $900M of its Class A common stock.
Dropbox Completes New Senior Secured Revolving Credit Facility; Announces $900M Stock Repurchase Program
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (“Dropbox” or the “Company”) (Nasdaq: DBX) today announced entry into a senior secured revolving credit facility with JPMorgan Chase Bank, N.A., as Admini...
Dropbox appoints Michael Torres as Chief Product Officer
Earlier, Dropbox (DBX) disclosed in a regulatory filing that its board appointed Michael Torres as Chief Product Officer, effective July 7. Torres previously held executive product leadership roles in...
Read the Dropbox memos about CEO Drew Houston's plan to train his replacement and step down
Dropbox CEO Drew Houston plans to step down as CEO after 19 years in the role. Houston named Ashraf Alkarmi as his co-CEO and eventual successor in a memo to employees on Tuesday.