Dropbox Inc (DBX)

Overview News Price History Option Chain Why DBX Down? Discussions Forecast

Dropbox Inc stock is currently priced at $22.76, with a 24-hour trading volume of 3.49M. It has seen a -0.18% decreased in the last 24 hours and a -5.05% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $22.97 pivot point. If it approaches the $22.63 support level, significant changes may occur.

Dropbox Inc Stock (DBX) Financials Data

Dropbox Inc (DBX) Revenue 2024

DBX reported a revenue (TTM) of $2.50 billion for the quarter ending December 31, 2023, a +7.60% rise year-over-year.

Dropbox Inc (DBX) Net Income 2024

DBX net income (TTM) was $453.60 million for the quarter ending December 31, 2023, a -18.00% decrease year-over-year.

Dropbox Inc (DBX) Cash Flow 2024

DBX recorded a free cash flow (TTM) of $759.10 million for the quarter ending December 31, 2023, a -0.43% decrease year-over-year.

Dropbox Inc (DBX) Earnings per Share 2024

DBX earnings per share (TTM) was $1.32 for the quarter ending December 31, 2023, a -14.29% decline year-over-year.

Dropbox Inc Stock (DBX) Latest News

Dropbox Inc. provides a collaboration platform worldwide. Its platform allows individuals, teams, and organizations to create, access, and share content online. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox Inc. has strategic partnership with Zoom Video Communications, Inc. Dropbox Inc. was founded in 2007 and is headquartered in San Francisco, California.

Downgrade	BofA Securities: Buy → Underperform	Feb-16-24
Downgrade	Goldman: Neutral → Sell	Feb-16-24
Downgrade	JMP Securities: Mkt Outperform → Mkt Perform	Feb-16-24
Downgrade	JP Morgan: Overweight → Neutral	Feb-16-24
Initiated	UBS: Buy	Dec-15-23
Downgrade	William Blair: Outperform → Mkt Perform	Sep-18-23
Upgrade	Goldman: Sell → Neutral	May-08-23
Downgrade	Jefferies: Buy → Hold	Jan-05-23
Initiated	Credit Suisse: Underperform	Nov-22-22
Initiated	KeyBanc Capital Markets: Overweight	Sep-13-22
Initiated	BofA Securities: Buy	Sep-06-22
Initiated	Citigroup: Neutral	Sep-01-22
Initiated	Berenberg: Hold	Dec-02-21
Resumed	RBC Capital Mkts: Outperform	Jun-11-21
Initiated	Goldman: Sell	May-14-21
Resumed	KeyBanc Capital Markets: Sector Weight	Jan-15-21
Downgrade	BofA Securities: Buy → Neutral	Jul-31-20
Upgrade	Jefferies: Hold → Buy	Jul-20-20
Initiated	Citigroup: Buy	May-15-20
Downgrade	Goldman: Neutral → Sell	Mar-26-20
Downgrade	Jefferies: Buy → Hold	Jan-10-20
Upgrade	Nomura: Neutral → Buy	Oct-22-19
Resumed	RBC Capital Mkts: Outperform	Sep-26-19
Initiated	Bernstein: Underperform	Aug-07-19
Upgrade	BofA/Merrill: Neutral → Buy	Feb-22-19
Initiated	William Blair: Outperform	Dec-11-18
Reiterated	Canaccord Genuity: Buy	Nov-09-18
Upgrade	Nomura: Reduce → Neutral	Oct-02-18
Initiated	Monness Crespi & Hardt: Neutral	Aug-27-18
Reiterated	Canaccord Genuity: Buy	Aug-10-18
Upgrade	RBC Capital Mkts: Sector Perform → Outperform	Aug-10-18
Upgrade	Jefferies: Hold → Buy	Aug-01-18
Reiterated	Canaccord Genuity: Buy	May-11-18
Initiated	Macquarie: Outperform	Apr-17-18
Initiated	Piper Jaffray: Overweight	Apr-17-18
Initiated	RBC Capital Mkts: Sector Perform	Apr-17-18