Dropbox Stock Today

DBX Stock  USD 26.89  0.22  0.82%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Dropbox is trading at 26.89 as of the 21st of November 2024; that is 0.82 percent increase since the beginning of the trading day. The stock's open price was 26.67. Dropbox has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Note, on July 31, 2019, Representative Peter Welch of US Congress acquired under $15k worth of Dropbox's common stock.
Business Domain
Software & Services
IPO Date
23rd of March 2018
Category
Technology
Classification
Information Technology
Dropbox, Inc. provides a content collaboration platform worldwide. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California. Dropbox operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. The company has 222.86 M outstanding shares of which 15.03 M shares are currently shorted by investors with about 6.1 days to cover. More on Dropbox

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Dropbox Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanAndrew Houston
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, ISE Cloud Computing, NASDAQ Composite, SP Midcap 400, Information Technology, Software, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Debt Levels
Dropbox can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Dropbox's financial leverage. It provides some insight into what part of Dropbox's total assets is financed by creditors.
Liquidity
Dropbox has 2.03 B in debt with debt to equity (D/E) ratio of 3.35, meaning that the company heavily relies on borrowing funds for operations. Dropbox has a current ratio of 1.37, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Dropbox to invest in growth at high rates of return.

Depreciation

133.43 Million
Dropbox (DBX) is traded on NASDAQ Exchange in USA. It is located in 1800 Owens Street, San Francisco, CA, United States, 94158 and employs 2,693 people. Dropbox is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 8.11 B. Dropbox runs under Software sector within Information Technology industry. The entity has 222.86 M outstanding shares of which 15.03 M shares are currently shorted by investors with about 6.1 days to cover. Dropbox has about 1.45 B in cash with 783.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.04.
Check Dropbox Probability Of Bankruptcy
Ownership Allocation
Dropbox holds a total of 222.86 Million outstanding shares. The majority of Dropbox outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Dropbox to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Dropbox. Please pay attention to any change in the institutional holdings of Dropbox as this could imply that something significant has changed or is about to change at the company. Also note that almost five million six hundred sixty thousand five hundred sixty-eight invesors are currently shorting Dropbox expressing very little confidence in its future performance.
Check Dropbox Ownership Details

Dropbox Stock Institutional Holders

InstituionRecorded OnShares
Aqr Capital Management Llc2024-06-30
M
Charles Schwab Investment Management Inc2024-09-30
2.8 M
Ing Investment Management Llc2024-06-30
2.8 M
Bank Of New York Mellon Corp2024-06-30
2.8 M
Dimensional Fund Advisors, Inc.2024-09-30
2.6 M
Voloridge Investment Management, Llc2024-06-30
2.5 M
First Trust Advisors L.p.2024-06-30
2.5 M
Robeco Institutional Asset Management Bv2024-09-30
2.4 M
Kbc Group Nv2024-06-30
2.3 M
Vanguard Group Inc2024-09-30
28 M
Blackrock Inc2024-06-30
27.8 M
View Dropbox Diagnostics

Dropbox Historical Income Statement

At this time, Dropbox's Net Interest Income is fairly stable compared to the past year. Non Recurring is likely to rise to about 161.3 M in 2024, despite the fact that Tax Provision is likely to grow to (333.4 M). View More Fundamentals

Dropbox Stock Against Markets

Dropbox Corporate Management

Additional Tools for Dropbox Stock Analysis

When running Dropbox's price analysis, check to measure Dropbox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dropbox is operating at the current time. Most of Dropbox's value examination focuses on studying past and present price action to predict the probability of Dropbox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dropbox's price. Additionally, you may evaluate how the addition of Dropbox to your portfolios can decrease your overall portfolio volatility.