Dropbox, Inc. (DBX)
Market Cap | 8.27B |
Revenue (ttm) | 2.50B |
Net Income (ttm) | 453.60M |
Shares Out | 343.98M |
EPS (ttm) | 1.31 |
PE Ratio | 18.38 |
Forward PE | 11.84 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,207,202 |
Open | 24.04 |
Previous Close | 23.93 |
Day's Range | 24.01 - 24.27 |
52-Week Range | 19.55 - 33.43 |
Beta | 0.70 |
Analysts | Hold |
Price Target | 30.57 (+27.08%) |
Earnings Date | May 9, 2024 |
About 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 incorp... [Read more]
Financial Performance
In 2023, Dropbox's revenue was $2.50 billion, an increase of 7.60% compared to the previous year's $2.32 billion. Earnings were $453.60 million, a decrease of -18.00%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for DBX stock is "Hold." The 12-month stock price forecast is $30.57, which is an increase of 27.08% from the latest price.
News
Dropbox 2024 Spring Release: Introducing Seamless End-to-end Encryption, Microsoft Co-Authoring, New Dropbox Replay Features, and More
SAN FRANCISCO--(BUSINESS WIRE)--Today, Dropbox, Inc. (NASDAQ: DBX) announced new security, organization, and sharing features to give teams the control, flexibility, and speed to get work done from an...
Dropbox to Announce First Quarter 2024 Earnings Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the first quarter ended March 31, 2024 after market close on Thursday, May 9, 2024...
Investor Activity Surpasses 2021 Engagement Levels, Hits Q1 Record High According to DocSend 2024 Data
Investors and founders are busier, showing significant quarterly and yearly growth in future dealmaking metrics SAN FRANCISCO, April 11, 2024 /PRNewswire/ -- DocSend , a secure document sharing platf...
Top 5 Tech Stocks That Could Lead To Your Biggest Gains This Month - Dropbox (NASDAQ:DBX), Digital Turbine (NASDAQ:APPS)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Half Moon Capital, LLC Issues Letter to Board of Dropbox Urging Course Correction
NEW YORK--(BUSINESS WIRE)--Half Moon Capital, LLC is releasing its open letter to the Board of Directors of Dropbox (Nasdaq:DBX) and seeks to engage constructively on corrective course. February 28, 2...
Dropbox Stock Falls Sharply as Analysts Question Its Growth
Analysts reduce their ratings on Dropbox after the company issues disappointing revenue guidance.
Dropbox Announces Fourth Quarter and Fiscal 2023 Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its fourth quarter and fiscal year ended December 31, 2023. “I'm encouraged by the progress we made i...
Dropbox Teams Up With McLaren Racing as an Official Technology Partner of McLaren Formula 1 Team
SAN FRANCISCO--(BUSINESS WIRE)--Today, Dropbox, Inc. (NASDAQ: DBX) and McLaren Racing announced a multi-year partnership with the McLaren Formula 1 Team for the 2024 season and beyond. The partnership...
Dropbox to Announce Fourth Quarter and Fiscal 2023 Earnings Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2023 after market close on T...
DocSend 2023 Year-End Data Indicates Positive Fundraising Momentum Going Into 2024
Pitch Deck Interest metrics post gains in investor engagement after six quarters of consistent decline SAN FRANCISCO , Jan. 17, 2024 /PRNewswire/ -- DocSend, a secure document sharing platform and Dr...
Why Now?: Successful Founders Display Urgency Among Market Competition in DocSend's Annual Seed Report
Fundraising cycles grow longer while investors plow through pitch decks SAN FRANCISCO , Dec. 7, 2023 /PRNewswire/ -- Dropbox DocSend, a secure document sharing platform and part of Dropbox (NASDAQ: DB...
Nvidia just partnered with Dropbox on AI tools: find out more
Dropbox Inc (NASDAQ: DBX) is in focus today after Nvidia Corp (NASDAQ: NVDA) said it had partnered with the file hosting service. Dropbox customers to benefit from AI tools On Friday, the California-b...
Dropbox and NVIDIA Team to Bring Personalized Generative AI to Millions of Customers
SAN FRANCISCO--(BUSINESS WIRE)--Today, Dropbox, Inc. (NASDAQ:DBX) and NVIDIA (NASDAQ: NVDA) announced a collaboration to supercharge knowledge work and improve productivity for millions of Dropbox cus...
Fivetran Helps Dropbox Discover Business Insights
OAKLAND, Calif.--(BUSINESS WIRE)--Fivetran today announced that its data movement platform has been selected by Dropbox, Inc. (NASDAQ: DBX) to enable its marketing and customer experience teams to mak...
Dropbox Announces Fiscal 2023 Third Quarter Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its third quarter ended September 30, 2023. “In Q3, we delivered a solid quarter, beating our revenue...
Dropbox plans to pay $79 million to shrink its huge SF office, after CEO says the RTO push will fail
Dropbox will pay $79 million to give up 165,000 square feet of office space at its San Francisco HQ. The company switched to remote working during the pandemic and workers now follow a '90/10' routine...
Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens
San Francisco is seeing its highest office vacancy rate since at least 2007 as Dropbox and other companies allow employees to work from home
Dropbox CEO Drew Houston: Subscribers are using AI-powered tools to solve new problems
CNBC's Deirdre Bosa sits down with Dropbox CEO Drew Houston to discuss how their paying subscribers are utilizing their AI tools, whether their AI tools have allowed them to broaden their reach in ent...
Dropbox Co-Founder Leads Clockwork's Community Investment Round with Over $5,600,000 Raised, Inviting the Public to Invest Alongside Renowned Investors
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox Co-Founder Leads Clockwork's Community Investment Round with $5.6M+ Raised, Inviting the Public to Invest Alongside Renowned Investors.
Dropbox to Announce Third Quarter 2023 Earnings Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX) announced today that it will report financial results for the third quarter ended September 30, 2023 after market close on Thursday, Novembe...
Dropbox is Powering the Next Generation of Knowledge Work
SAN FRANCISCO--(BUSINESS WIRE)--Today at its Work in Progress user conference, Dropbox (NASDAQ: DBX) announced enhancements to its latest category of AI-powered products, Dropbox AI and Dropbox Dash, ...
PayPal and Dropbox stocks fall after downgrades, GM shares inch higher, and more stocks on the move
MariaDB PLC shares MRDB, -1.36% jumped 9% in premarket trading on Monday after venture capital group Runa Capital said Friday it had offered to buy the system software group for 56 cents a share in ca...
From Growth-At-All-Costs to Cost of Missing Out: DocSend Pre-Seed Report Shows Investor Shift to Long-Term Profitability and Risk Aversion
Founders use strategic pitch decks to break through to investors amid increased pitch deck review times and prolonged due diligence periods SAN FRANCISCO , Aug. 24, 2023 /PRNewswire/ -- DocSend , a se...
Dropbox Announces Fiscal 2023 Second Quarter Results
SAN FRANCISCO--(BUSINESS WIRE)--Dropbox, Inc. (NASDAQ: DBX), today announced financial results for its second quarter ended June 30, 2023. “In Q2, we delivered a solid quarter beating our guidance acr...
Dropbox to Announce Second Quarter 2023 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, 2023 after market close on Thursday, August 3, 2...