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Dropbox Inc Stock Research

DBX

21.62USD+0.62(+2.95%)Market Closed

Market Summary

USD21.62+0.62
Market Closed
2.95%

DBX Alerts

DBX Stock Price

DBX RSI Chart

DBX Valuation

Market Cap

7.7B

Price/Earnings (Trailing)

14

Price/Sales (Trailing)

3.33

EV/EBITDA

21.86

Price/Free Cashflow

10.14

DBX Price/Sales (Trailing)

DBX Profitability

EBT Margin

8.29%

Return on Equity

-178.8%

Return on Assets

17.79%

Free Cashflow Yield

9.86%

DBX Fundamentals

DBX Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

5.89%

Revenue Q/Q

1.32%

DBX Earnings

Earnings (TTM)

553.2M

Earnings Y/Y

163.48%

Earnings Q/Q

294.59%

Price Action

52 Week Range

18.7124.99
(Low)(High)

Last 7 days

2.2%

Last 30 days

5.2%

Last 90 days

-3.4%

Trailing 12 Months

-7.0%

DBX Financial Health

Current Ratio

1.25

DBX Investor Care

Buy Backs (1Y)

7.11%

Diluted EPS (TTM)

1.52

Peers (Alternatives to Dropbox)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MSFT
2.1T
204.1B
 17.07% -5.81%
31.83
10.52
 10.38% -5.25%
ORCL
250.4B
46.1B
 7.62% 13.84%
28.47
5.44
 11.29% -14.28%
CRM
199.2B
31.4B
 19.38% -5.91%
957.6
6.35
 19.41% -85.60%
ADBE
178.0B
17.6B
 19.17% -15.42%
37.44
10.11
 11.54% -1.37%
ZM
21.8B
4.4B
 6.06% -37.01%
210.42
4.97
 7.15% -92.46%
AZPN
12.1B
-
 6.66% 38.40%
44.35
17.39
 - -
MID-CAP
MANH
9.6B
767.1M
 7.63% 11.64%
74.68
12.55
 15.59% 16.73%
PLAN
9.6B
-
 -1.97% 16.85%
-45.68
15.19
 - -
GWRE
6.8B
869.9M
 18.01% -13.28%
-34.45
7.86
 13.87% -103.37%
APPN
3.2B
468.0M
 7.74% -27.03%
-21.32
6.88
 26.74% -70.26%
PING
2.4B
308.3M
 1.17% 7.67%
-23.16
7.93
 13.75% -237.98%
SMALL-CAP
ZUO
1.3B
383.7M
 20.49% -34.05%
-10.45
3.41
 14.43% -50.89%
YEXT
1.2B
399.9M
 21.19% 39.48%
-14.52
2.95
 4.73% 8.15%
UPLD
138.6M
317.3M
 -23.35% -75.58%
-2.03
0.44
 5.06% -17.52%

Financials for Dropbox

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue1.5%2,3252,2922,2512,2092,158
Gross Profit1.8%1,8811,8471,8041,7611,714
Operating Expenses12.1%1,6991,5161,4841,4401,439
  S&GA Expenses-0.8%409413425421428
  R&D Expenses4.3%892855815786756
EBITDA-28.0%344477495444-
EBITDA Margin-30.3%0.15*0.21*0.22*0.21*-
Earnings Before Taxes-46.0%193357335347299
EBT Margin-46.8%0.08*0.16*0.15*0.16*0.14*
Interest Expenses-3.5%8.009.00---
Net Income58.3%553350342368336
Net Income Margin56.0%0.24*0.15*0.15*0.17*0.16*
Free Cahsflow2.7%764743720730708
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets15.1%3,1102,7032,7592,8523,091
  Current Assets-5.7%1,4901,5801,5931,6231,850
    Cash Equivalents-37.4%233372352446533
  Net PPE-5.1%281296316322-
  Goodwill14.4%403353354356357
Liabilities3.8%3,4203,2943,3023,3153,385
  Current Liabilities3.5%1,1971,1561,1361,1171,176
Shareholder's Equity-5.3%-309-293---
  Retained Earnings6.7%-2,772-2,972-2,926-2,854-2,739
  Additional Paid-In Capital3.0%2,5122,4392,4242,4202,448
Accumulated Depreciation1.3%497491464453-
Shares Outstanding-1.6%358364371--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations4.2%797765746756730
  Share Based Compensation4.7%331316303221287
Cashflow From Investing-152.8%-48.5092.00-98.50-25.00-524
Cashflow From Financing10.2%-1,041-1,160-1,171-1,12716.00
  Buy Backs-13.2%7959169268871,059

Risks for DBX

What is the probability of a big loss on DBX?

81.2%

Probability that Dropbox stock will be more than 20% underwater in next one year

52.3%

Probability that Dropbox stock will be more than 30% underwater in next one year.

13.8%

Probability that Dropbox stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DBX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Dropbox was unfortunately bought at previous high price.

Drawdowns

Returns for DBX

Cumulative Returns on DBX

-7.1%

5-Year Cumulative Returns

6.1%

3-Year Cumulative Returns

What are the long-term rolling returns for DBX?

FIve years rolling returns for Dropbox.

Annualized Returns

Which funds bought or sold DBX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-29
Diametric Capital, LP
sold off
-100
-320,000
-
 -%
2023-03-23
ETF MANAGERS GROUP, LLC
added
14.99
103,108
529,108
 0.03%
2023-03-23
MetLife Investment Management, LLC
reduced
-4.46
10,733
346,666
 -%
2023-03-17
American Portfolios Advisors
unchanged
-
-9,531
731,416
 0.03%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-80.12
-16,146,200
4,415,800
 -%
2023-03-10
BAILLIE GIFFORD & CO
unchanged
-
1,717
19,717
 -%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-23.58
-10,000
52,000
 -%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
4,476
4,476
 -%
2023-02-28
Voya Investment Management LLC
added
46.88
11,415,700
30,883,700
 0.04%
2023-02-27
Parallax Volatility Advisers, L.P.
new
-
107,088
107,088
 -%

1–10 of 41

Latest Funds Activity

Are funds buying DBX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own DBX
No. of Funds

DBX Alerts

Dropbox News

Nasdaq

DBX May 12th Options Begin Trading.

Nasdaq,
42 hours ago

MarketBeat

Dropbox, Inc. (NASDAQ:DBX) Receives Consensus Rating of "Hold ....

MarketBeat,
2 days ago

InvestorsObserver

Analyst Rating: Will Dropbox Inc (DBX) Stock Beat the Market?.

InvestorsObserver,
3 days ago

Simply Wall St

If EPS Growth Is Important To You, Dropbox (NASDAQ:DBX) Presents An Opportunity.

Simply Wall St,
5 days ago

Nasdaq

First Week of DBX May 19th Options Trading.

Nasdaq,
7 days ago

Seeking Alpha

Dropbox: Focus On The Cash Flow Story (NASDAQ:DBX).

Seeking Alpha,
11 days ago

Nasdaq

Guru Fundamental Report for DBX.

Nasdaq,
13 days ago

MarketBeat

Teachers Retirement System of The State of Kentucky Makes New ....

MarketBeat,
14 days ago

StockNews.com

DBX: 3 Tech Stocks Under $20 to Buy Right Now.

StockNews.com,
15 days ago

Stock Traders Daily

Dropbox Inc. Class A Common Stock $DBX Trading Signals.

Stock Traders Daily,
15 days ago

DirectorsTalk Interviews

Dropbox, Inc. - Consensus Indicates Potential 39.8% Upside.

DirectorsTalk Interviews,
19 days ago

MarketBeat

Dropbox, Inc. (NASDAQ:DBX) Shares Sold by Strategic Global ....

MarketBeat,
24 days ago

Nasdaq

7 High-Risk, High-Reward Stocks to Buy in March.

Nasdaq,
24 days ago

MarketBeat

Lingohr & Partner Asset Management GmbH Makes New Investment ....

MarketBeat,
29 days ago

Benzinga

Top 5 Tech Stocks That Are Preparing To Pump In March - Dropbox ....

Benzinga,
31 days ago

MarketBeat

Envestnet Asset Management Inc. Has $8.26 Million Holdings in ....

MarketBeat,
31 days ago

Schedule 13G FIlings of Dropbox

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
ameriprise financial inc
6.00%
16,814,632
SC 13G
Feb 13, 2023
houston andrew
25.0%
90,377,357
SC 13G/A
Feb 09, 2023
vanguard group inc
10.57%
29,649,959
SC 13G/A
Jan 31, 2023
blackrock inc.
7.1%
19,920,526
SC 13G/A
Mar 11, 2022
blackrock inc.
6.5%
20,133,494
SC 13G
Feb 11, 2022
houston andrew
23.5%
91,867,582
SC 13G/A
Feb 09, 2022
vanguard group inc
10.07%
31,220,139
SC 13G/A
Feb 08, 2022
blackrock inc.
6.5%
20,133,494
SC 13G
Dec 09, 2021
vanguard group inc
10.21%
31,634,548
SC 13G/A
Mar 10, 2021
blackrock inc.
4.9%
16,274,311
SC 13G/A

DBX Fair Value

Dropbox fair value in different scenarios

The table shows the Fair Value estimates for Dropbox for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

4.35

-79.88%

6.06

-71.97%

8.56

-60.41%

11.78

-45.51%

13.81

-36.12%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical Dropbox Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Dropbox

View All Filings
Date Filed Form Type Document
Mar 29, 2023
4
Insider Trading
Mar 16, 2023
4
Insider Trading
Mar 08, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Mar 01, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report
Feb 23, 2023
S-8
Employee Benefits Plan
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 16, 2023
8-K
Current Report

Latest Insider Trading transactions for DBX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-27
Regan Timothy
sold
-50,246
21.21
-2,369
chief financial officer
2023-03-13
Volkmer Bart
sold
-219,292
19.0589
-11,506
chief legal officer
2023-03-06
Houston Andrew
acquired
-
-
162,500
chief executive officer
2023-03-06
Houston Andrew
sold
-3,340,120
20.5546
-162,500
chief executive officer
2023-02-27
Volkmer Bart
sold
-280,773
20.5439
-13,667
chief legal officer
2023-02-27
Regan Timothy
sold
-49,038
20.7
-2,369
chief financial officer
2023-02-15
Volkmer Bart
sold (taxes)
-261,120
24.00
-10,880
chief legal officer
2023-02-15
Regan Timothy
sold (taxes)
-363,696
24.00
-15,154
chief financial officer
2023-02-06
Houston Andrew
acquired
-
-
162,500
chief executive officer
2023-02-06
Houston Andrew
sold
-3,828,700
23.5612
-162,500
chief executive officer

1–10 of 50

About Dropbox

Andrew W. Houston
www.dropbox.com
2670
Dropbox, Inc. provides a content collaboration platform worldwide. Its 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. As of December 31, 2021, the company had approximately 700 million registered users. 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 incorporated in 2007 and is headquartered in San Francisco, California.

DBX Income Statement

2022-12-31
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue$ 2,324.9$ 2,157.9$ 1,913.9
Cost of revenue[1]444.2444.2414.6
Gross profit1,880.71,713.71,499.3
Operating expenses   
Research and development[1]891.9755.9727.5
Sales and marketing[1]409.4427.5422.8
General and administrative[1]222.9224.6227.8
Impairment related to real estate assets[1],[2]175.231.3398.2
Total operating expenses1,699.41,439.31,776.3
Income (loss) from operations181.3274.4(277.0)
Interest income (expense), net3.3(5.2)1.7
Other income, net8.130.125.1
Income (loss) before income taxes192.7299.3(250.2)
Benefit from (provision for) income taxes[3]360.536.5(6.1)
Net income (loss)$ 553.2$ 335.8$ (256.3)
Basic net income per share (in dollars per share)$ 1.53$ 0.87$ (0.62)
Diluted net income per share (in dollars per share)$ 1.52$ 0.85$ (0.62)
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, basic (in shares)361.2388.0414.3
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders, diluted (in shares)363.3395.8414.3
[1]Includes stock-based compensation as follows (in millions):
 Year ended December 31,
 202220212020
Cost of revenue$24.7 $23.2 $17.1 
Research and development232.3 190.1 174.1 
Sales and marketing22.4 25.0 33.7 
General and administrative(4)
51.3 48.8 36.6 
[2]Includes impairment charges related to real estate assets as a result of adverse changes in the corporate real estate market which has impacted the Company's subleasing strategy in conjunction with its shift to Virtual First. See Note 9 "Leases" for further information.
[3]Results of Operations for the year-ended 2022 include a one-time benefit from income taxes of $420.2 million due to the release of a valuation allowance on the U.S. federal and certain state deferred tax assets. Results of Operations for the year-ended 2021 include a one-time benefit from income taxes of $38.1 million from the release of a valuation allowance on the Irish deferred tax assets.

DBX Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 232.8$ 533.0
Short-term investments1,110.61,185.1
Trade and other receivables, net53.849.6
Prepaid expenses and other current assets92.682.1
Total current assets1,489.81,849.8
Property and equipment, net308.4322.0
Operating lease right-of-use asset260.6413.9
Intangible assets, net88.353.6
Goodwill403.3356.6
Deferred tax assets498.741.2
Other assets61.054.2
Total assets3,110.13,091.3
Current liabilities:  
Accounts payable38.625.7
Accrued and other current liabilities139.9140.8
Accrued compensation and benefits131.7139.1
Operating lease liability68.978.3
Finance lease obligation114.8120.4
Deferred revenue702.6671.5
Total current liabilities1,196.51,175.8
Operating lease liability, non-current585.2632.0
Finance lease liability, non-current151.7167.7
Convertible senior notes, net, non-current1,374.01,370.3
Other non-current liabilities112.139.4
Total liabilities3,419.53,385.2
Commitments and contingencies (Note 10)
Stockholders’ deficit:  
Preferred stock value0.00.0
Common stock0.00.0
Additional paid-in capital2,511.62,448.1
Accumulated deficit(2,772.1)(2,739.4)
Accumulated other comprehensive loss(48.9)(2.6)
Total stockholders’ deficit(309.4)(293.9)
Total liabilities and stockholders’ deficit3,110.13,091.3
Convertible Preferred Stock  
Stockholders’ deficit:  
Preferred stock value$ 0.0$ 0.0