DBX - Dropbox Inc Stock Price, Fair Value and News

24.18USD+0.25 (+1.04%)Market Closed as of 26 Apr 2024, 09:40 am ET

Market Summary

USD24.18+0.25

Market Closedas of 26 Apr 2024, 09:40 am

1.04%

DBX Alerts

3 major insider sales recently.

DBX Stock Price

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DBX RSI Chart

DBX Valuation

Market Cap

8.2B

Price/Earnings (Trailing)

18.02

Price/Sales (Trailing)

3.27

EV/EBITDA

15.82

Price/Free Cashflow

10.76

DBX Price/Sales (Trailing)

DBX Profitability

EBT Margin

22.16%

Return on Equity

-273.58%

Return on Assets

15.2%

Free Cashflow Yield

9.29%

DBX Fundamentals

DBX Revenue

Revenue (TTM)

2.5B

Rev. Growth (Yr)

6.05%

Rev. Growth (Qtr)

0.32%

DBX Earnings

Earnings (TTM)

453.6M

Earnings Growth (Yr)

-30.76%

Earnings Growth (Qtr)

99.21%

Breaking Down DBX Revenue

52 Week Range

19.5528.68

(Low)(High)

Last 7 days

5.2%

Last 30 days

-2.0%

Last 90 days

-25.4%

Trailing 12 Months

14.7%

How does DBX drawdown profile look like?

DBX Financial Health

Current Ratio

1.26

Debt/Equity

-8.31

Debt/Cashflow

0.57

DBX Investor Care

Buy Backs (1Y)

5.54%

Diluted EPS (TTM)

1.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.4B	2.4B	2.5B	2.5B
2022	2.2B	2.3B	2.3B	2.3B
2021	2.0B	2.0B	2.1B	2.2B
2020	1.7B	1.8B	1.9B	1.9B
2019	1.5B	1.5B	1.6B	1.7B
2018	1.2B	1.2B	1.3B	1.4B
2017	910.3M	975.8M	1.0B	1.1B
2016	0	0	0	844.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Dropbox Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	regan timothy	sold	-69,339	23.1132	-3,000	chief financial officer
Apr 15, 2024	volkmer bart	sold	-154,476	23.1182	-6,682	chief legal officer
Apr 01, 2024	regan timothy	sold	-240,951	24.3262	-9,905	chief financial officer
Apr 01, 2024	regan timothy	acquired	-	-	207,180	chief financial officer
Apr 01, 2024	houston andrew	sold	-1,991,550	24.2872	-82,000	chief executive officer
Apr 01, 2024	volkmer bart	acquired	-	-	145,026	chief legal officer
Apr 01, 2024	houston andrew	acquired	-	-	82,000	chief executive officer
Mar 27, 2024	regan timothy	sold	-73,074	24.358	-3,000	chief financial officer
Mar 15, 2024	regan timothy	sold	-72,047	24.0157	-3,000	chief financial officer
Mar 15, 2024	volkmer bart	sold	-169,067	24.0186	-7,039	chief legal officer

Which funds bought or sold DBX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Spire Wealth Management	reduced	-24.69	-3,370	4,447	-%
Apr 24, 2024	Robeco Institutional Asset Management B.V.	added	1.64	-11,018,600	56,904,300	0.12%
Apr 24, 2024	Clay Northam Wealth Management, LLC	reduced	-9.13	-72,918	217,607	0.17%
Apr 24, 2024	DekaBank Deutsche Girozentrale	reduced	-14.32	-19,180,000	45,645,000	0.09%
Apr 24, 2024	ABSOLUTE INVESTMENT ADVISERS, LLC	reduced	-9.09	-1,345,610,000	9,475,960,000	1.51%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	337	1,115,000	1,543,000	0.01%
Apr 24, 2024	Assenagon Asset Management S.A.	added	921	2,041,550	2,316,540	-%
Apr 24, 2024	Activest Wealth Management	unchanged	-	-18,648	87,480	0.04%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	-282,000	1,319,000	0.05%
Apr 23, 2024	CGC Financial Services, LLC	unchanged	-	-259	1,215	-%

Are Funds Buying or Selling DBX?

Are funds buying DBX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DBX

No. of Funds

DBX Alerts

3 major insider sales recently.

Unveiling Dropbox Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ameriprise financial inc	7.22%	19,144,616	SC 13G/A
Feb 13, 2024	vanguard group inc	10.29%	27,274,282	SC 13G/A
Feb 09, 2024	houston andrew	25.7%	88,515,731	SC 13G/A
Jan 23, 2024	blackrock inc.	13.4%	35,534,669	SC 13G/A
Jul 07, 2023	blackrock inc.	14.0%	37,423,675	SC 13G/A
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

Recent SEC filings of Dropbox Inc

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 17, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	144	Notice of Insider Sale Intent
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 02, 2024	DEFA14A	DEFA14A
Apr 02, 2024	DEF 14A	DEF 14A
Apr 02, 2024	ARS	ARS

Peers (Alternatives to Dropbox Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	236.6B	-5.25%	35.26%	34.42	12.54	13.97%	24.86%
ADBE	212.2B	19.9B	-6.69%	30.46%	44.2	10.64	10.76%	1.35%
CRWD	71.1B	3.1B	-9.73%	140.01%	795.84	23.27	36.33%	148.75%
SQ	44.3B	21.9B	-13.13%	20.19%	6.5K	2.02	25.01%	101.26%
AKAM	15.4B	3.8B	-5.78%	29.33%	28.16	4.05	5.40%	4.57%
FFIV	10.7B	2.8B	-2.72%	39.21%	23.21	3.81	3.55%	53.13%
MID-CAP
ALTR	6.7B	612.7M	-2.27%	20.86%	-751.06	10.94	7.07%	79.45%
HCP	6.4B	583.1M	21.47%	19.39%	-33.36	10.91	22.54%	30.49%
ACIW	3.5B	1.5B	2.25%	35.99%	28.7	2.4	2.16%	-14.54%
APPN	2.6B	545.4M	-4.16%	1.12%	-23.75	4.85	16.53%	26.16%
SMALL-CAP
CSGS	1.4B	1.2B	-4.25%	-5.66%	20.71	1.21	7.30%	93.18%
ATEN	1.0B	251.7M	0.44%	-4.23%	25.31	4.02	-10.22%	-14.79%
BAND	455.4M	601.1M	-0.39%	45.07%	-27.86	0.76	4.88%	-183.51%
DTSS	19.8M	7.0M	3.04%	-50.94%	-2.3	2.91	-55.73%	-45.27%
BLIN	13.6M	15.6M	24.30%	49.44%	-1.37	0.88	-6.37%	-5256.07%

Dropbox Inc News

Latest updates

Dropbox Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	0.3%	635	633	623	611	599	591	573	562	566	550	531	512	504	487	467	455	446	428	402	386	376
Gross Profit	-0.1%	513	513	502	494	483	481	467	450	450	438	424	402	398	384	365	352	341	323	299	287	282
Operating Expenses	-35.8%	246	383	446	410	563	392	384	360	380	361	339	360	745	354	352	325	348	342	333	309	294
S&GA Expenses	12.5%	120	106	121	119	105	104	105	96.00	108	116	101	103	110	106	103	104	106	108	107	102	100
R&D Expenses	2.6%	222	216	263	235	239	228	215	211	202	187	186	181	177	183	186	182	177	173	162	150	137
EBITDA Margin	-	0.23*	-	0.07*	0.08*	0.09*	0.16*	0.15*	0.16*	0.14*	-0.06*	-0.08*	-0.12*	-0.13*	0.06*	0.03*	0.01*	-0.03*	-0.03*	-0.03*	-0.01*	-0.34*
Income Taxes	110.3%	45.00	21.00	16.00	19.00	-406	15.00	17.00	14.00	-38.80	1.00	3.00	-1.20	0.00	1.00	4.00	1.00	4.00	2.00	1.00	-5.70	2.00
Earnings Before Taxes	101.0%	272	136	59.00	88.00	-78.40	98.00	79.00	94.00	86.00	76.00	91.00	46.00	-345	34.00	22.00	40.00	-2.40	-15.40	-20.80	-13.40	-7.40
EBT Margin	168.2%	0.22*	0.08*	0.07*	0.08*	0.08*	0.16*	0.15*	0.16*	0.14*	-0.06*	-0.09*	-0.12*	-0.13*	0.05*	0.02*	0.00*	-0.03*	-0.04*	-0.03*	-0.02*	-0.34*
Net Income	99.2%	227	114	43.00	69.00	328	83.00	62.00	80.00	125	76.00	88.00	48.00	-345	33.00	18.00	39.00	-6.60	-17.00	-21.40	-7.70	-9.50
Net Income Margin	-19.4%	0.18*	0.22*	0.22*	0.23*	0.24*	0.15*	0.15*	0.17*	0.16*	-0.06*	-0.09*	-0.13*	-0.13*	0.04*	0.02*	0.00*	-0.03*	-0.03*	-0.03*	-0.02*	-0.35*
Free Cashflow	-22.8%	190	247	185	138	182	245	206	131	161	222	216	109	158	187	120	26.00	161	103	95.00	34.00	88.00

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-0.9%	2,984	3,011	2,939	2,994	3,110	2,703	2,759	2,852	3,091	3,339	3,328	3,307	2,387	2,862	2,742	2,717	2,699	2,487	2,365	2,129	1,694
Current Assets	3.4%	1,517	1,467	1,381	1,400	1,490	1,580	1,593	1,623	1,850	2,056	2,067	2,034	1,228	1,330	1,222	1,195	1,243	1,134	1,068	1,008	1,210
Cash Equivalents	1.8%	615	604	510	333	233	372	352	446	533	689	885	846	315	453	334	486	551	443	344	359	519
Net PPE	3.4%	309	299	299	307	308	281	296	316	322	346	343	331	339	488	476	473	445	417	369	341	311
Goodwill	0.4%	402	401	402	403	403	353	354	356	357	347	347	110	237	234	235	233	235	232	231	230	97.00
Liabilities	-6.3%	3,149	3,361	3,351	3,359	3,420	3,294	3,302	3,315	3,385	3,502	3,423	3,390	2,053	2,011	1,939	1,917	1,891	1,724	1,635	1,424	1,017
Current Liabilities	0.4%	1,202	1,197	1,177	1,153	1,197	1,156	1,136	1,117	1,176	1,175	1,125	1,075	1,088	1,027	982	971	1,015	948	903	866	838
Long Term Debt	0.1%	1,378	1,377	1,376	1,375	1,374	1,373	1,372	1,371	1,370	1,369	1,368	1,367	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.1%	1,378	1,377	1,376	1,375	1,374	1,373	1,372	1,371	1,370	1,369	1,368	1,367	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-Infinity%	-165	-	-	-	-309	-	-	-	-293	-	-	-	334	851	803	800	808	763	730	705	677
Retained Earnings	4.6%	-2,742	-2,874	-2,895	-2,827	-2,772	-2,972	-2,926	-2,854	-2,739	-2,635	-2,547	-2,507	-2,241	-1,764	-1,764	-1,726	-1,726	-1,718	-1,700	-1,674	-1,659
Additional Paid-In Capital	1.4%	2,598	2,561	2,522	2,502	2,512	2,439	2,424	2,420	2,448	2,468	2,447	2,420	2,564	2,609	2,560	2,529	2,531	2,479	2,428	2,378	2,338
Shares Outstanding	-0.4%	341	343	341	347	361	364	367	371	388	391	388	398	414	415	416	417	412	414	412	411	359
Float	-	-	-	5,088	-	-	-	4,691	-	-	-	7,207	-	-	-	6,024	-	-	-	5,834	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-21.7%	200	256	188	140	195	251	210	141	163	232	220	116	171	201	146	53.00	187	150	129	63.00	124
Share Based Compensation	11280.0%	171	2.00	2.00	76.00	170	3.00	3.00	72.00	142	4.00	4.00	68.00	139	6.00	6.00	40.00	129	9.00	9.00	56.00	100
Cashflow From Investing	-313.6%	-22.00	10.00	206	201	-105	8.00	-51.90	101	35.00	-182	22.00	-398	-42.00	-2.00	-177	-11.70	-41.20	-8.30	-97.20	-173	-104
Cashflow From Financing	-2.0%	-172	-168	-217	-241	-234	-232	-246	-328	-352	-243	-202	815	-269	-81.70	-121	-104	-39.40	-39.90	-46.40	-51.00	-34.20
Buy Backs	1.1%	106	104	155	175	174	171	190	260	295	181	151	432	220	38.00	76.00	64.00	-	-	-	-	-

DBX Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Revenue

$ 2,501.6

$ 2,324.9

$ 2,157.9

Cost of revenue

^[1],[2]

478.5

444.2

Gross profit

2,023.1

1,880.7

1,713.7

Operating expenses

Research and development

^[1],[2]

936.5

891.9

755.9

Sales and marketing

^[1],[2]

466.0

409.4

427.5

General and administrative

^[1],[2]

237.1

222.9

224.6

Net (gain) loss on real estate assets

^{[1],[2],[3],[4]}

(155.2)

175.2

31.3

Total operating expenses

^[1],[2]

1,484.4

1,699.4

1,439.3

Income from operations

538.7

181.3

274.4

Interest income (expense), net

19.4

3.3

(5.2)

Other (loss) income, net

^[3]

(3.7)

8.1

30.1

Income before income taxes

554.4

192.7

299.3

(Provision for) benefit from income taxes

^[5]

(100.8)

360.5

36.5

Net income

$ 453.6

$ 553.2

$ 335.8

Basic net income per share (in dollars per share)

$ 1.33

$ 1.53

$ 0.87

Diluted net income per share (in dollars per share)

$ 1.31

$ 1.52

$ 0.85

Weighted-average shares used in computing net income per share attributable to common stockholders, basic (in shares)

341.2

361.2

388.0

Weighted-average shares used in computing net income per share attributable to common stockholders, diluted (in shares)

345.6

363.3

395.8

[1]

Includes expenses related to the Company's reduction in workforce such as severance, benefits and other related items during the year ended December 31, 2023. See Note 1, "Description of the Business and Summary of Significant Accounting Policies - Reduction in Workforce" for additional information.

[2]

Includes stock-based compensation as follows:


	Year Ended December 31,
		2023		2022		2021
Cost of revenue		$	23.3	$	24.7	$	23.2
Research and development(6)		237.6		232.3		190.1
Sales and marketing		22.0		22.4		25.0
General and administrative		55.1		51.3		48.8
Total stock-based compensation		$	338.0	$	330.7	$	287.1

[3]

For the year ended December 31, 2021, a $13.6 million gain related to the partial termination of the Company's lease for its San Francisco, California corporate headquarters was reclassified from other (loss) income, net to net (gain) loss on real estate assets to conform with current period presentation.

[4]

Includes a one-time gain of $158.8 million related to the partial termination of the Company's lease for its San Francisco, California corporate headquarters for the year ended December 31, 2023 and impairment charges related to real estate assets for the years ended December 31, 2023, 2022 and 2021.

[5]

Results of Operations for the year ended December 31, 2022 includes 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 December 31, 2021 includes 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

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 614.9	$ 232.8
Short-term investments	741.1	1,110.6
Trade and other receivables, net	68.7	53.8
Prepaid expenses and other current assets	91.9	92.6
Total current assets	1,516.6	1,489.8
Property and equipment, net	309.2	308.4
Operating lease right-of-use asset	183.8	260.6
Intangible assets, net	58.1	88.3
Goodwill	402.2	403.3
Deferred tax assets	460.4	498.7
Other assets	53.2	61.0
Total assets	2,983.5	3,110.1
Current liabilities:
Accounts payable	38.5	38.6
Accrued and other current liabilities	155.2	139.9
Accrued compensation and benefits	109.2	131.7
Operating lease liability	57.4	68.9
Finance lease obligation	116.2	114.8
Deferred revenue	725.0	702.6
Total current liabilities	1,201.5	1,196.5
Operating lease liability, non-current	310.7	585.2
Finance lease obligation, non-current	168.5	151.7
Convertible senior notes, net, non-current	1,377.8	1,374.0
Other non-current liabilities	90.8	112.1
Total liabilities	3,149.3	3,419.5
Commitments and contingencies (Note 10)
Stockholders' deficit:
Preferred stock value	0.0	0.0
Common stock	0.0	0.0
Additional paid-in-capital	2,598.0	2,511.6
Accumulated deficit	(2,742.3)	(2,772.1)
Accumulated other comprehensive loss	(21.5)	(48.9)
Total stockholders' deficit	(165.8)	(309.4)
Total liabilities and stockholders' deficit	2,983.5	3,110.1
Convertible preferred stock
Stockholders' deficit:
Preferred stock value	$ 0.0	$ 0.0

About Dropbox Inc

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 incorporated in 2007 and is headquartered in San Francisco, California.

CEO	Mr. Andrew W. Houston
WEBSITE	dropbox.com
INDUSTRY	Software - Infra
EMPLOYEES	3118

Dropbox Inc Frequently Asked Questions

What is the ticker symbol for Dropbox Inc? What does DBX stand for in stocks?

DBX is the stock ticker symbol of Dropbox Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Dropbox Inc (DBX)?

As of Thu Apr 25 2024, market cap of Dropbox Inc is 8.17 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of DBX stock?

You can check DBX's fair value in chart for subscribers.

What is the fair value of DBX stock?

You can check DBX's fair value in chart for subscribers. The fair value of Dropbox Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Dropbox Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for DBX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Dropbox Inc a good stock to buy?

The fair value guage provides a quick view whether DBX is over valued or under valued. Whether Dropbox Inc is cheap or expensive depends on the assumptions which impact Dropbox Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for DBX.

What is Dropbox Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, DBX's PE ratio (Price to Earnings) is 18.02 and Price to Sales (PS) ratio is 3.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. DBX PE ratio will change depending on the future growth rate expectations of investors.