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DBX

Dropbox, Inc.

DBX

NASDAQ·Technology·Software - Infrastructure·Mkt cap $8.9B

$34.83

-2.44%

P/E

19.24

Mkt Cap

$8.9B

52-Wk Range

$21.70–$36.37

52-Week Range

$21.70 - $36.37

P/E

19.24

Fwd P/E

11.36

Beta

0.65

Div Yield

0.00%

Avg Vol

4.0M

Shares Out

268.3M

Mkt Cap

$8.9B

Price action

Price chart

Up 14.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Massive user base of 700 million registered users creating network effects
  • Deep integration with enterprise workflows and third-party applications
  • Strong brand recognition and customer loyalty in cloud storage market
  • Freemium business model driving customer acquisition and upsell opportunities

Bear Case

1 risk

  • Low volatility (beta 0.6).

Growth

Stable outlook

Increasing enterprise adoption and digital transformation initiatives

Value

Undervalued - trading well below Cybersecurity Software peers

Momentum

Hot

+26.6% over 3m

Quality

Excellent

Strong fundamentals

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 29, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.75 vs $0.74 consensus (+1.5% surprise). Revenue of $631.5M vs $626.7M expected (+0.8%). Beat on both top and bottom lines.

EPS beat +1.5%
Rev beat +0.8%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+1.5%

Revenue trend · last 8Q

-1%

-1%

-1%

-1%

+1%

+1%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$638.8M

$643.6M

$624.7M

$625.7M

$634.4M

$636.2M

$629.5M

$631.5M

Margins · last 8Q

Gross

80.2%

Operating

26.1%

Profit

30.6%

Wall Street consensus

4 analysts · 25% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

25%

Hold

2

50%

Sell

1

25%

Median Price Target

Latest: Bank of America · Aug 7, 2026

vs Industry

How DBX stacks vs Software - Infrastructure

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.