Dropbox (DBX)
NASDAQ:DBX
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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)4.19M
Market Cap
$6.10B
Enterprise Value$7.06B
Total Cash (Recent Filing)$1.29B
Total Debt (Recent Filing)$4.01B
Price to Earnings (P/E)13.5
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. Volume3,752,169
30 Day Avg. Volume4,190,185
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 Cap1.16
Enterprise Value/Revenue2.79
Enterprise Value/Gross Profit3.50
Enterprise Value/Ebitda8.10
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
Free Cash Flow StrengthSustained near‑$1B TTM free cash flow signals high cash conversion and operational resilience. This durable cash generation funds organic investment, AI rollouts, buybacks, and debt management without reliance on volatile financing, enhancing strategic optionality over the next several quarters.
High SaaS MarginsVery high gross margins and healthy operating/net margins reflect scalable subscription economics. These structural margins provide room to invest in product and AI while retaining profitability, enabling durable cash flow even if top‑line growth moderates over the next 2–6 months.
AI Engagement & RetentionEarly Dash engagement metrics show meaningful re‑use and stickiness, a durable signal that AI features can improve retention and product differentiation. Sustained adoption could drive conversion, reduce churn and support ARPU expansion over time as features mature and monetize.
Bears Say
Negative Shareholders' EquityPersistent negative equity and material outstanding debt signal structural balance‑sheet weakness. Even with strong FCF, negative equity constrains financial flexibility, raises covenant and refinancing risk, and limits ability to absorb shocks or pursue large M&A without altering capital structure.
Limited ARR MomentumARR growth is tepid, and much of the lift comes from adjustments rather than core expansion. Weak ARR momentum suggests difficulty scaling enterprise adoption and monetization; without sustained ARR acceleration, revenue upside and long‑term operating leverage remain constrained.
Gross Margin Pressure From AI ScaleScaling AI (Dash) and hardware refreshes are creating persistent near‑term gross margin pressure. If infrastructure and depreciation costs remain elevated as features scale, margin variability could persist and delay margin expansion, constraining reinvestment capacity and FCF upside.
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 $6.10B.
When is Dropbox’s upcoming earnings report date?
Dropbox’s upcoming earnings report date is Jul 30, 2026 which is in 45 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
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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 Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.42%
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
12.52% Public Companies and
Individual Investors