Dropbox (DBX)
NASDAQ:DBX
Want to see DBX full AI Analyst Report?
DBX Stock Chart & Stats
$24.27
-$0.07(-0.24%)
At close: 4:00 PM EST
$24.27
-$0.07(-0.24%)
Day’s Range― - ―
52-Week Range$21.70 - $32.40
Previous CloseN/A
Volume647.13K
Average Volume (3M)4.45M
Market Cap
$5.84B
Enterprise Value$9.52B
Total Cash (Recent Filing)$1.29B
Total Debt (Recent Filing)$4.01B
Price to Earnings (P/E)12.9
Beta0.84
Next Earnings
Jul 30, 2026EPS Estimate
0.74Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.85
Shares Outstanding149,770,720
10 Day Avg. Volume4,386,595
30 Day Avg. Volume4,451,708
Financial Highlights & Ratios
PEG Ratio0.44
Price to Book (P/B)-4.15
Price to Sales (P/S)2.96
P/FCF Ratio8.01
Enterprise Value/Market Cap1.63
Enterprise Value/Revenue3.77
Enterprise Value/Gross Profit4.73
Enterprise Value/Ebitda10.92
Forecast
1Y Price Target
$29.33Price Target Upside20.86% Upside
Rating ConsensusHold
Number of Analyst Covering5
EPS Forecast (FY)3.09
Revenue Forecast (FY)$2.51B
Bulls Say, Bears Say
Bulls Say
Very Strong Free Cash Flow GenerationConsistent, near-billion-dollar trailing free cash flow is a durable strength for a subscription business: it funds R&D, buybacks, and debt management without relying on equity raises. Strong FCF also supports capital allocation optionality while the company scales AI features and sales motions.
High And Sustainable Software MarginsGross margins near 80% and healthy operating/net margins reflect durable software economics and efficient cost structure. These margins provide a buffer for strategic investments (product, AI infrastructure) while preserving cash generation and enabling reinvestment to drive long-term user monetization.
Product-led AI Engagement Plus Strengthened LeadershipEarly Dash engagement metrics and recent leadership moves create a durable advantage: repeat usage signals product stickiness and monetization potential, while appointing an AI-focused co-CEO and experienced CPO improves execution on product roadmap and customer-led growth initiatives.
Bears Say
Negative Shareholders' Equity And Material DebtPersistent negative equity and meaningful outstanding debt are structural balance-sheet risks that constrain financial flexibility. They limit covenant room, increase sensitivity to borrowing costs, and reduce strategic options for M&A or aggressive buybacks despite strong cash flow, raising creditor and solvency concerns.
Inconsistent Revenue Growth And ARR MomentumVolatile recent top-line trends and limited ARR expansion indicate a less stable growth profile. Reliance on targeted conversion and ARPU initiatives creates execution risk: sustained revenue acceleration depends on converting free users, retaining teams, and offsetting business exits like FormSwift.
Near-term Margin Pressure From Dash InfrastructureInvesting to scale AI (Dash) increases infrastructure and depreciation costs, compressing gross margins until usage monetization and operational optimization catch up. If adoption monetization lags, margin headwinds could persist, reducing the pace at which FCF and operating margins expand.
Dropbox News
DBX FAQ
What was Dropbox’s price range in the past 12 months?
Dropbox lowest stock price was $21.70 and its highest was $32.40 in the past 12 months.
What is Dropbox’s market cap?
Dropbox’s market cap is $5.84B.
When is Dropbox’s upcoming earnings report date?
Dropbox’s upcoming earnings report date is Jul 30, 2026 which is in 39 days.
How were Dropbox’s earnings last quarter?
Dropbox released its earnings results on May 07, 2026. The company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.697 by $0.063.
Is Dropbox overvalued?
According to Wall Street analysts Dropbox’s price is currently Undervalued.
Does Dropbox pay dividends?
Dropbox does not currently pay dividends.
What is Dropbox’s EPS estimate?
Dropbox’s EPS estimate is 0.74.
How many shares outstanding does Dropbox have?
Dropbox has 149,770,720 shares outstanding.
What happened to Dropbox’s price movement after its last earnings report?
Dropbox reported an EPS of $0.76 in its last earnings report, beating expectations of $0.697. Following the earnings report the stock price went up 15.002%.
Which hedge fund is a major shareholder of Dropbox?
Currently, no hedge funds are holding shares in DBX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Dropbox Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$29.33 (20.86% Upside)
$29.33 (20.86% Upside)
Blogger Sentiment
Neutral
DBX Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 566.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $632.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.3%
Last 30 Days ▼ 1.8%
Last 30 Days ▼ 1.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.29%
12-Months-Change
Fundamentals
Return on Equity
-28.45%
Trailing 12-Months
Asset Growth
2.49%
Trailing 12-Months
Company Description
Dropbox
Dropbox, Inc. operates a global platform that facilitates content collaboration for a wide array of users. The company utilizes a freemium business model, allowing individuals, families, teams, and larger organizations to register for free access via its website or mobile application, with options to upgrade to paid subscription plans for advanced features. As of December 31, 2021, Dropbox had amassed a significant user base of approximately 700 million registered accounts. Its services cater to diverse industries, including professional services, technology, media, education, manufacturing, consumer and retail, and financial services. Established in 2007, the company was initially known as Evenflow, Inc., later rebranding to Dropbox, Inc. in October 2009. Its main corporate offices are located in San Francisco, California.
DBX Company Deck
DBX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented more positive than negative developments: the company beat revenue and operating margin guidance, materially improved cash generation (unlevered FCF +69% YoY) and grew paying users sequentially despite expectations of a decline. Early AI product (Dash) engagement and targeted retention/monetization initiatives produced measurable improvements (mobile churn down mid-single-digits; conversion up 50% among targeted basic users). Offsetting these positives are near-term margin pressure from Dash infrastructure and hardware refresh (gross margin down ~180 bps YoY), constant-currency revenue softness (-80 bps YoY) and the drag from FormSwift (~120 bps revenue headwind). Management raised full-year revenue and margin/FCF targets modestly, signaling confidence in momentum. On balance, the positives and trajectory improvements outweigh the headwinds and execution risks.View all DBX earnings summariesDBX Revenue Breakdown
56.74% U.S.
43.26% International
DBX Stock 12 Month Forecast
Average Price Target
$29.33
▲(20.86% Upside)
Technical Analysis
Ownership Overview
8.93% Insiders
26.18% Mutual Funds
22.14% Other Institutional Investors
13.09% Public Companies and
Individual Investors