dropbox stock forecast 2020

As of December 31, 2020, the company had approximately 700 million registered users across 180 countries. Our latest prediction for Dropbox Inc's stock price was made on the Jan. 27, 2021 when the stock price was at 24.26$ . Dropbox Announces Fiscal 2020 Third Quarter Results. ), Dropbox has received 276 “underperform” votes. View analysts' price targets for Dropbox or view top-rated stocks among Wall Street analysts. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. View Earnings Estimates for Dropbox. © 2020 Cable News Network. 12/10/2020 1,064.00 323,995.00 22.50 Sell No Seibel Michael: 12/10/2020 4,632.00 4,632.00 Some companies that are related to Dropbox include CrowdStrike (CRWD), DocuSign (DOCU), Veeva Systems (VEEV), Electronic Arts (EA), Cadence Design Systems (CDNS), Synopsys (SNPS), Atlassian (TEAM), Okta (OKTA), Unity Software (U), ANSYS (ANSS), Datadog (DDOG), Cloudflare (NET), Slack Technologies (WORK), Paycom Software (PAYC) and HubSpot (HUBS). The Dropbox Inc - … Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. Dropbox, Inc. provides a collaboration platform worldwide. A lot has happened with Dropbox since it went public at $21 in 2018. Analyst Opinion on Dropbox (NASDAQ:DBX) 11 Wall Street analysts have issued ratings and price targets for Dropbox in the last 12 months. Dropbox Acquiring DocSend for $165 Million. View analyst ratings for Dropbox or view top-rated stocks. Announces Upsize and Pricing of $1.306 Billion Convertible Senior Notes Offering - Business Wire, Dropbox, Inc. 6 Wall Street analysts have issued twelve-month price targets for Dropbox's stock. Get short term trading ideas from the MarketBeat Idea Engine. View our earnings forecast for Dropbox. All rights reserved. Do Not Sell My Information. 62.02% of the stock of Dropbox is held by institutions. See Dropbox, Inc. (DBX) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. Dropbox (DBX) Soars to 52-Week High, Time to Cash Out? Based on aggregate information from My MarketBeat watchlists, some companies that other Dropbox investors own include NVIDIA (NVDA), Micron Technology (MU), Alibaba Group (BABA), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Cisco Systems (CSCO), Intel (INTC), Square (SQ) and salesforce.com (CRM). Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. This week Dropbox will report earnings so there should be excitement around that. The company can be reached via phone at 415-857-6800 or via email at [email protected]. On average, they anticipate Dropbox's stock price to reach $26.40 in the next year. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Dropbox's mailing address is 1800 OWENS STREET, SAN FRANCISCO CA, 94158. Based on the most recent data, DBX has returned 22.73% so far this year. You may vote once every thirty days. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Dropbox is headquartered at 1800 OWENS STREET, SAN FRANCISCO CA, 94158. GAAP and Non-GAAP Operating Income of $30.0 Million and $112.2 Million, Up 261% and 100% Year-over-year. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. See what's happening in the market right now with MarketBeat's real-time news feed. Dropbox Inc. analyst estimates, including DBX earnings per share estimates and analyst recommendations. MarketBeat just released five new trading ideas, but Dropbox wasn't one of them. Has Dropbox (DBX) Outpaced Other Computer and Technology Stocks This Year? Of the 12 analysts tracking Dropbox (DBX), seven have recommended “buys,” four have recommended “holds,” and one has recommended a “sell” on the stock. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. View insider buying and selling activity for Dropbox or view top insider-selling stocks. View Dropbox's Short Interest. (DBX) raised $612 million in an IPO on Friday, March 23rd 2018. Dropbox employs 2,760 workers across the globe. Of course, the cloud company is a beneficiary of the stay-at-home economy. Dropbox (DBX) Set to Buyout DocSend in an All-Cash Deal, Dropbox To Snap Up DocSend For $165M; Shares Gain 4%, Dropbox Acquiring DocSend for $165 Million, Dropbox plans to acquire DocSend for $165 million, Is Dropbox secure? MarketBeat's community ratings are surveys of what our community members think about Dropbox and other stocks. Disclaimer. Dropbox has a P/B Ratio of 13.95. Dropbox, Inc. (DBX) estimates and forecasts. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. The company provided earnings per share (EPS) guidance of for the period. In the past three months, Dropbox insiders have bought 236.65% more of their company's stock than they have sold. View all of DBX's competitors. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Analysts had forecast Dropbox to report earnings of just 18 cents per share on revenue of $483.64 million. MarketBeat does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Dropbox has not formally confirmed its next earnings publication date, but the company's … Dropbox Inc - Class A (DBX) stock price prediction is 34.023628 USD. EPS forecast (this quarter) $0.31: Annual revenue (last year) $1.9B: Annual profit (last year)-$256.3M: Net profit margin-13.39% Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. All times are ET. As of February 26th, there was short interest totaling 26,100,000 shares, an increase of 62.8% from the February 11th total of 16,030,000 shares. This is the ultra bullish target, and certainly not a given that it will happen. Dropbox (DBX) checks all the boxes, pun intended, to qualify as a high-flying stock in 2020. Dropbox’s stock (NASDAQ: DBX) is nearly flat compared to December 2018. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 Please log in to your account or sign up in order to add this asset to your watchlist. This means that Dropbox … View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. The P/E ratio of Dropbox is 142.42, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 68.70. With respect to guidance, Dropbox is forecasting $452 million to $454 million in first-quarter revenue. Cloud service provider Dropbox, Inc. (NASDAQ: DBX) Thursday reported stronger-than-expected earnings and revenues for the fourth quarter of 2020. Net Cash Provided by Operating Activities of $200.9 Million and Free Cash Flow of $187.0 Million. PEG Ratios above 1 indicate that a company could be overvalued. Only 30.81% of the stock of Dropbox is held by insiders. Earnings Estimates Moving Higher for Dropbox (DBX): Time to Buy? A Warner Media Company. Dropbox has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 128.8. Dropbox has received 336 “outperform” votes. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. The consensus among Wall Street equities research analysts is that investors should "hold" Dropbox stock. Not even the CEO of the company can forecast how the stock will move that day. Dropbox ist ein innovativer, klar strukturierter Arbeitsbereich. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Dropbox has all the ingredients in place to bounce back in 2020. Dropbox (NASDAQ:DBX) Earnings Information. The official website for Dropbox is www.dropbox.com. DBX stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Norges Bank, Los Angeles Capital Management LLC, Panagora Asset Management Inc., Indaba Capital Management L.P., Korea Investment CORP, Washington Harbour Partners LP, and Nordea Investment Management AB. Dropbox has confirmed that its next quarterly earnings report will be published on Thursday, November 5th, 2020. To hit the forecast high, the stock’s price needs a +97.54% upsurge from its current level, while the stock would need to tank 12.12% for it to hit the projected low. After-Hours earnings guidance on Thursday, February, 18th. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. The company's average rating score is 2.33, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating. Learn everything you need to know about successful options trading with this three-part video course. At the last check today, the stock’s price was $27.09, to imply an increase of 6.44% or $1.64 in intraday trading. Top institutional investors include Renaissance Technologies LLC (4.13%), BlackRock Inc. (3.84%), First Trust Advisors LP (1.78%), Morgan Stanley (1.55%), Epoch Investment Partners Inc. (0.89%) and Ardevora Asset Management LLP (0.70%). Dropbox is scheduled to release their next quarterly earnings announcement on Thursday, August 8th 2019. Dropbox has only been the subject of 1 research reports in the past 90 days. Company insiders that have sold Dropbox company stock in the last year include Ajay Vashee, Arash Ferdowsi, Bart Volkmer, Donald W Blair, Lisa M Campbell, and Timothy Regan. Announces Upsize and Pricing of $1.306 Billion Convertible Senior Notes Offering - Yahoo Finance, Dropbox, Inc. Their average twelve-month price target is $28.22, predicting that the stock has a possible upside of 52.14%. You can opt out at any time. Mar 12 / Zacks.com - Paid Partner Content, Mar 09 / MotleyFool.com - Paid Partner Content, Mar 08 / Zacks.com - Paid Partner Content, Mar 10 / Zacks.com - Paid Partner Content. High institutional ownership can be a signal of strong market trust in this company. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Vote “Underperform” if you believe DBX will underperform the S&P 500 over the long term. Their forecasts range from $22.00 to $30.00. One share of DBX stock can currently be purchased for approximately $27.06. Earnings for Dropbox are expected to grow by 8.70% in the coming year, from $0.23 to $0.25 per share. Factset: FactSet Research Systems Inc.2019. Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter. Things have to be re-assessed once our first bullish target of 30.50 USD is met. Our Accessibility Statement Dropbox updated its first quarter 2021 Vote “Outperform” if you believe DBX will outperform the S&P 500 over the long term. Dropbox (DBX) Set to Buyout DocSend in an All-Cash Deal, 5 questions that need answers at the GameStop hearing, This NYC Startup Raises $51M to Disrupt the Retirement Industry, 5 Social Security Mistakes to Avoid At All Costs, 7 Mistakes That Will Ruin Your Retirement Income, 7 Retirement Secrets Smart Americans Should Know, You Can Still Buy This "Millionaire Maker" Stock, Bitcoin Up 30,000X -- Here's Your Backdoor In, This Stock Could Be Like Buying Amazon for $3.19. On that front, Dropbox does not disappoint. From operations, Dropbox generated cash flow of $570.8 million in 2020 compared to $528.5 million in 2019. Login to Dropbox. In comparison, Computer and Technology companies have returned an average of 10.72%. Dropbox has a PEG Ratio of 2.14. © American Consumer News, LLC dba MarketBeat® 2010-2021. Based on an average daily trading volume, of 8,210,000 shares, the short-interest ratio is presently 3.2 days. Fundamental company data provided by Zacks Investment Research. Most stock quote data provided by BATS. He reiterated his buy rating on DBX post-earnings with a price target of $30- suggesting shares can surge over 50% from current levels. View institutional ownership trends for Dropbox. Looking for new stock ideas? Dropbox does not have a long track record of dividend growth. Dropbox saw a increase in short interest in the month of February. Shares of DBX can be purchased through any online brokerage account. Fourth-quarter earnings, excluding special items, climbed to $0.28 per share from $0.16 per share in the corresponding period of last year. Melden Sie sich an und lassen Sie Ihrer Kreativität freien Lauf. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.04. Learn about financial terms, types of investments, trading strategies and more. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DBX, but not buy additional shares or sell existing shares. Learn more. The company issued revenue guidance of $504-506 million, compared to the consensus revenue estimate of $503.69 million. Bring your photos, docs, and videos anywhere and keep your files safe. Dropbox has a market capitalization of $11.22 billion and generates $1.66 billion in revenue each year. Company insiders that own Dropbox stock include Ajay Vashee, Andrew Houston, Arash Ferdowsi, Bart Volkmer, Condoleezza Rice, Donald W Blair, Lisa M Campbell, Quentin Clark, Robert J Mylod Jr, Robert J Mylod, Jr, Timothy Regan and Yamini Rangan. Data shows that the Dropbox, Inc. share is performing relatively much better than most of its peers within the same industry. The Investor Relations website contains information about Dropbox's business for stockholders, potential investors, and financial analysts. Unlike the situation for its ballyhooed debut in spring 2018, the company's reality seems stronger than the hype around it right now. © 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Dropbox's stock is owned by a number of institutional and retail investors. Dropbox's management team includes the following people: Start Your Risk-Free Trial Subscription Here, Editor of top German newspaper suspended in compliance probe, Timing key in consulting deal between FirstEnergy, regulator, You Must Recognize Your Own Achievements First Before Expecting Others To, The Latest: Paris may face new lockdown as ICUs fill up, 'Big burden' for schools trying to give kids internet access, The Latest: Pakistan imposes partial lockdown in some areas, Three Mall Retailers For Your Reopening Watchlist, 3 Growth Stocks with Above Market Dividend Yields, 3 Best Stocks to Buy That You’ve Probably Never Heard Of, Ferroglobe Will Get a Big Lift From Demand For Silcon Wafers, Blue Bird Stock is a Dual Tailwinds EV and Re-Opening Play, Nautilus Stock is a Pullback Buying Opportunity Here, The Launch of Truforma Should Send Zomedica to An All-Time High, Defi Markets Pause But New Highs Are In Sight, 7 Stocks That Cathie Wood is Buying And You Should Too, 7 Internet of Things Stocks That Are a Perfect Fit to Our Connected Future, 7 Undervalued Stocks That Deserve More Attention, 7 Semiconductor Stocks Set to Gain From the Chip Shortage, 7 Great Dividend Stocks to Buy For a Comfortable Retirement, 7 Penny Stocks That Don’t Care About Robinhood, 7 Hotel Stocks Just Waiting For the Vaccine, 7 Stocks to Watch When Student Debt Forgiveness Gets Passed, 7 Healthcare Stocks Delivering Innovation in 2021, 7 Lithium Stocks That Will Power the Electric Vehicle Boom, Dropbox shares gain after insider buy, activist investor speculation - Seeking Alpha, Why Is It Moving? Your current $100 investment may be up to $200.66 in 2026. The P/E ratio of Dropbox is 142.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 32.68. Its platform allows individuals, 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. Learn more. Dropbox Inc. company facts, information and financial ratios from MarketWatch. View which stocks have been most impacted by COVID-19. Specifically, they have bought $2,459,000.00 in company stock and sold $730,432.00 in company stock. So können Sie sich auf das konzentrieren, worauf es wirklich ankommt. Here's what you need to know - Business Insider, Unusual Options Activity Insight: Dropbox - Yahoo Finance, Dropbox: Time To Double Down - Seeking Alpha, This Tech Stock Is Way Too Cheap - The Motley Fool, Dropbox Raises $1.31B In Upsized Convertible Debt Offering - Yahoo Finance, Dropbox prices upsized $1.306B convertible senior notes offering - Seeking Alpha, Remote work: How Dropbox, Samsung, Chobani, Ariel Investments are embracing 'virtual first' approach - Fortune, Dropbox, Inc. Compare Top Brokerages Here. Dropbox (NASDAQ: DBX) is up 13.85% this year as of Oct. 12, but just 7% in the past year.Nevertheless, Dropbox stock looks like good value here, especially since it … Dropbox has received a consensus rating of Hold. Analyzing The Upward Movement in Dropbox's Stock Today. During that period the price should oscillate between -7.13% and +6.31%. CNN Sans™ & © 2016 Cable News Network. To see all exchange delays and terms of use please see disclaimer. Nonetheless, despite an initial rise, Dropbox’s stock is down almost 5% after-hours. (Add your “outperform” vote. For the quarter, Dropbox posted solid … Revenue of $487.4 Million, Up 14% Year-over-year. Dropbox is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021. DBX stock forecast. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. On the other hand, peer Box’s stock (NYSE: BOX) is up 13.5% during the same period. Sign-up to receive the latest news and ratings for DBX and its competitors with MarketBeat's FREE daily newsletter. This suggests that the stock has a possible downside of 2.4%. With a 5-year investment, the revenue is expected to be around +100.66%. View our full suite of financial calendars and market data tables, all for free. Goldman Sachs, J.P. Morgan, Deutsche Bank Securities, Allen & Company and BofA Merrill Lynch served as the underwriters for the IPO and RBC Capital Markets, Jefferies, Macquarie Capital, Canaccord Genuity, JMP Securities, KeyBanc Capital Markets and Piper Jaffray were co-managers. The average price target is $26.40, with a high forecast of $30.00 and a low forecast of $22.00. Dropbox trades on the NASDAQ under the ticker symbol "DBX.". Based on our forecasts, a long-term increase is expected, the "DBX" stock price prognosis for 2026-03-06 is 53.907 USD. View Dropbox's earnings history. Want to see which stocks are moving? All rights reserved. Find the latest Earnings Report Date for Dropbox, Inc. Class A Common Stock (DBX) at Nasdaq.com. This price target is based on 6 analysts offering 12 month price targets for Dropbox in the last 3 months. Dropbox has received 54.90% “outperform” votes from our community. Get daily stock ideas top-performing Wall Street analysts. Wall Street analysts have given Dropbox a "Hold" rating, but there may be better short-term opportunities in the market. In the short term (2weeks), DBX's stock price should underperform the market by -1.10%. Dropbox ties its long-term performance awards directly to the performance of the firm’s stock by issuing time-based restricted stock units that vest over multi-year periods. Company insiders that have bought Dropbox stock in the last two years include Andrew Houston, and Robert J Mylod, Jr. View insider buying and selling activity for Dropbox or or view top insider-buying stocks. Dropbox, Inc. (NASDAQ:DBX)’s traded shares stood at 11,047,168 during the latest session, with the company’s beta value hitting 0. Dropbox had a net margin of 4.47% and a trailing twelve-month return on equity of 15.02%. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Receive a free world-class investing education from MarketBeat. (Add your “underperform” vote.). MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools. According to analysts' consensus price target of $26.40, Dropbox has a forecasted downside of 2.4% from its current price of $27.06. 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dropbox in the last twelve months. Identify stocks that meet your criteria using seven unique stock screeners. The company issued 36,000,000 shares at a price of $16.00-$18.00 per share. Dropbox last posted its earnings data on February 17th, 2021. Dropbox's stock was trading at $16.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Dropbox (DBX) Soars to 52-Week High, Time to Cash Out? Announces Upsize and Pricing of $1.306 Billion Convertible Senior Notes Offering, Remote Work Had Several Implications For Dropbox Earnings - Yahoo Finance, view top-rated stocks among Wall Street analysts, Receive Analysts' Upgrades and Downgrades Daily. All rights reserved. So our bullish Dropbox stock forecast for 2019 is 30.50 which, if broken to the upside, might result in a test of the 38 to 40 area late in 2019. Dropbox Inc - Class A quote is equal to 26.865 USD at 2021-03-12. All Rights Reserved. The company's stock gained about 2% soon after the announcement. Export data to Excel for your own analysis. The average price target represents a 12.44% upside from the last price of $23.48. DBX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Victory Capital Management Inc., Wells Fargo & Company MN, Sirios Capital Management L P, UBS Asset Management Americas Inc., JPMorgan Chase & Co., State of Wisconsin Investment Board, and First Trust Advisors LP. Dropbox is becoming an increasingly profitable business: Adjusted operating margins last year were 12%, while net income is forecast to rise 48% this year to $306M and 20% next year. Since then, DBX shares have increased by 67.5% and is now trading at $27.06. View which stocks are hot on social media with MarketBeat's trending stocks report. Dropbox, Inc. (NASDAQ:DBX) released its quarterly earnings results on Wednesday, February, 17th. Dropbox does not currently pay a dividend. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. In the first quarter of 2020, Dropbox generated $455.0 million of revenue, representing an 18% increase year-over-year.

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