Profile
Sector:
TechnologyIndustry:
Software InfrastructureCountry:
United StatesIPO:
23 March 2018Website:
http://www.dropbox.comNext earnings report:
14 February 2025Last dividends:
N/ANext dividends:
N/APrice
regular market | 4 min agoDividend
Analysts recommendations
Institutional Ownership
DBX Latest News
DFH, VCTR and DBX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 19, 2024.
Dropbox's user growth has nearly halted, with revenue growth sliding to low single digits and customer acquisition faltering, signaling more downside ahead. Dropbox faces stiff competition from Box and Google Drive, leading to an existential crisis and a major slowdown in user acquisition. Despite large free cash flows, Dropbox maintains a net debt position and lowered its cash flow guidance, pushing it further from its $1 billion FCF goal.
Dropbox (DBX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.56 per share a year ago.
Dropbox (DBX) stock price has been boring since the company went public in 2018. It has remained largely unchanged even as its annual revenue has risen gradually to over $2.5 billion.
Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”
The latest trading day saw Dropbox (DBX) settling at $25.79, representing a -1.86% change from its previous close.
In the most recent trading session, Dropbox (DBX) closed at $26.14, indicating a -0.49% shift from the previous trading day.
Dropbox (DBX) closed at $25.81 in the latest trading session, marking a +1.3% move from the prior day.
In the closing of the recent trading day, Dropbox (DBX) stood at $25.05, denoting a -1.49% change from the preceding trading day.
Dropbox (DBX) closed at $24.82 in the latest trading session, marking a -0.44% move from the prior day.
What type of business is Dropbox?
Dropbox, Inc. is an IT company. It is the creator of the world's first intelligent workspace, where businesses and individuals can create, access, store, process, and share content worldwide. The company was founded in 2007 as Evenflow, Inc., and in 2009 changed its name to Dropbox, Inc. The headquarters is located in San Francisco, California. Dropbox, Inc. offers a digital environment that combines all content with tools, allowing individuals to access it from anywhere and share it with collaborators. The platform provides a wide range of possibilities and diverse ways for its users to apply it. One of the most important features of the platform is its broad compatibility with various devices, operating systems, and third-party applications.
What sector is Dropbox in?
Dropbox is in the Technology sector
What industry is Dropbox in?
Dropbox is in the Software Infrastructure industry
What country is Dropbox from?
Dropbox is headquartered in United States
When did Dropbox go public?
Dropbox initial public offering (IPO) was on 23 March 2018
What is Dropbox website?
https://www.dropbox.com
Is Dropbox in the S&P 500?
No, Dropbox is not included in the S&P 500 index
Is Dropbox in the NASDAQ 100?
No, Dropbox is not included in the NASDAQ 100 index
Is Dropbox in the Dow Jones?
No, Dropbox is not included in the Dow Jones index
When was Dropbox the previous earnings report?
No data
When does Dropbox earnings report?
The next expected earnings date for Dropbox is 14 February 2025