Dropbox (DBX) Stock Price
Dropbox Price
Revenue has compounded at 15.4% per year over the past 10 years to 2.52 B USD. Earnings per share have grown at 23.2% per year over the last 4 years. Dropbox's net margin stands at 20.2%, up from 15.6% several years earlier. Analysts set a median price target of 26.50 USD, implying 27.4% below the current price. Of 16 analysts, 1 rate the stock a buy — an overall Sell consensus. The stock trades about 65% above its 52-week low.
Dropbox stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Dropbox over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Dropbox stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Dropbox's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | Dropbox Price |
|---|---|
| 9/18/2026 | 36.48 USD |
| 9/17/2026 | 37.61 USD |
| 9/16/2026 | 37.81 USD |
| 9/15/2026 | 37.63 USD |
| 9/14/2026 | 36.99 USD |
| 9/11/2026 | 35.50 USD |
| 9/10/2026 | 35.05 USD |
| 9/9/2026 | 34.59 USD |
| 9/8/2026 | 33.60 USD |
| 9/4/2026 | 34.83 USD |
| 9/3/2026 | 35.70 USD |
| 9/2/2026 | 34.50 USD |
| 9/1/2026 | 34.26 USD |
| 8/31/2026 | 35.19 USD |
| 8/30/2026 | 35.52 USD |
| 8/28/2026 | 36.14 USD |
| 8/27/2026 | 35.60 USD |
| 8/26/2026 | 34.80 USD |
| 8/25/2026 | 34.78 USD |
| 8/24/2026 | 34.76 USD |
| 8/21/2026 | 34.47 USD |
| 8/20/2026 | 34.00 USD |
| 8/19/2026 | 34.53 USD |
| 8/18/2026 | 34.04 USD |
| 8/14/2026 | 34.42 USD |
| 8/13/2026 | 35.93 USD |
| 8/12/2026 | 33.49 USD |
| 8/10/2026 | 34.65 USD |
| 8/7/2026 | 34.81 USD |
| 8/6/2026 | 34.54 USD |
Dropbox Revenue, EBIT, Net Income
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Dropbox Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB USD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEB USD |
| EBITB USD |
| EBIT MARGIN% |
| NET INCOMEB USD |
| NET INCOME GROWTH% |
| SHARESM |
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.60 | 0.84 | 1.11 | 1.39 | 1.66 | 1.91 | 2.16 | 2.32 | 2.50 | 2.55 | 2.52 | 2.52 | 2.52 | 2.51 | 2.30 |
| – | 39.97 | 31.04 | 25.77 | 19.41 | 15.17 | 12.75 | 7.74 | 7.62 | 1.88 | -1.06 | -0.04 | -0.04 | -0.28 | -8.48 |
| 32.50 | 53.79 | 66.64 | 71.68 | 75.26 | 78.36 | 79.42 | 80.90 | 80.89 | 82.54 | 80.13 | 80.13 | 80.13 | 80.13 | 80.13 |
| 0.20 | 0.45 | 0.74 | 1.00 | 1.25 | 1.50 | 1.71 | 1.88 | 2.02 | 2.10 | 2.02 | 2.02 | 2.02 | 2.01 | 1.84 |
| -0.31 | -0.19 | -0.11 | -0.49 | -0.08 | -0.28 | 0.28 | 0.18 | 0.54 | 0.49 | 0.69 | 0.98 | 1.04 | 1.24 | 0.98 |
| -50.75 | -22.87 | -10.22 | -35.51 | -4.82 | -14.48 | 12.93 | 7.79 | 21.51 | 19.07 | 27.41 | 38.93 | 41.33 | 49.20 | 42.67 |
| -0.33 | -0.21 | -0.11 | -0.48 | -0.05 | -0.26 | 0.34 | 0.55 | 0.45 | 0.45 | 0.51 | 0.84 | 0.91 | 1.07 | – |
| – | -35.38 | -47.14 | 336.04 | -89.26 | 392.31 | -230.86 | 65.07 | -18.08 | -0.22 | 12.39 | 64.57 | 8.37 | 18.32 | – |
| 185.00 | 191.93 | 358.60 | 408.00 | 415.40 | 411.40 | 386.50 | 354.00 | 343.90 | 306.80 | 254.20 | 254.20 | 254.20 | 254.20 | 254.20 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Dropbox generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Dropbox retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Dropbox's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Dropbox has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Dropbox's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Dropbox stock margins
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Dropbox Stock Revenue, EBIT, Earnings per Share
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Dropbox business model & stock analysis
Dropbox SWOT Analysis
Strengths
1. Strong Brand Recognition: Dropbox is a well-known and trusted brand in the cloud storage industry, attracting millions of users worldwide.
2. User-Friendly Interface: Dropbox offers a user-friendly and intuitive interface, making it easy for users to store, organize, and share files.
3. Seamless Integration: Dropbox seamlessly integrates with various platforms and devices, allowing users to access their files from anywhere.
4. Robust Security Measures: Dropbox employs advanced security measures, including encryption and two-factor authentication, to protect user data.
Weaknesses
1. Dependency on Internet Connectivity: Dropbox heavily relies on a stable internet connection, which can be a limitation in areas with poor connectivity.
2. Limited Storage Capacity: The free version of Dropbox offers limited storage capacity, whereas the paid plans can be expensive for users requiring larger storage.
3. Increasing Competition: The cloud storage industry is highly competitive, with several alternatives offering similar services, posing a challenge for Dropbox.
Opportunities
1. Growing Demand for Cloud Services: With the increasing adoption of cloud services, there is a significant opportunity for Dropbox to expand its user base.
2. Enterprise Market Expansion: Dropbox can target the enterprise market by offering specialized solutions and integrations, tapping into a lucrative segment.
3. Expansion of Collaboration Tools: Dropbox can enhance its collaboration features to meet the evolving needs of remote teams and businesses.
Threats
1. Intense Competition: Dropbox faces fierce competition from major players like Google Drive, Microsoft OneDrive, and Apple iCloud, intensifying pricing pressure and product innovation.
2. Data Privacy Concerns: Increasing public awareness and stricter data privacy regulations may impact users' trust in Dropbox and its ability to handle personal and sensitive data.
3. Rapid Technological Advancements: Advancements in technology and disruptive innovations may render Dropbox's current features and offerings obsolete without continuous adaptation.
Dropbox Employees
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Dropbox Segments
Dropbox Revenue by Region
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Dropbox Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Dropbox historical P/E ratio, EBIT multiple, and P/S ratio
Dropbox annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down Dropbox's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in Dropbox's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Dropbox's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Dropbox shares outstanding
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Current Dropbox forecasts and price targets in September 2026
Analyst Price Targets 2026Dropbox Analyst Rating Actions
| Date | Firm | Action | Rating | Reliability |
|---|---|---|---|---|
| 8/7/2026 | Upgrade | UnderperformMarket Perform | – | |
| 8/7/2026 | Maintained | Neutral | 46 | |
| 5/11/2026 | Maintained | Neutral | 46 | |
| 5/8/2026 | Maintained | Outperform | 48 | |
| 3/23/2026 | Downgrade | Market PerformUnderperform | – | |
| 2/20/2026 | Maintained | Sell | 49 | |
| 2/20/2026 | Maintained | Outperform | 48 | |
| 2/20/2026 | Maintained | Neutral | 53 | |
| 1/5/2026 | Maintained | Outperform | 48 | |
| 11/7/2025 | Maintained | Outperform | 48 |
Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.
Dropbox Earnings Calls
Dropbox Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 11/5/2026 | 0.73USD | - | 629.72 MUSD | - | 2026 Q3 |
| 8/6/2026 | 0.74USD | 0.75USD | 626.69 MUSD | - | 2026 Q2 |
| 5/7/2026 | 0.71USD | 0.76USD | 620.56 MUSD | - | 2026 Q1 |
| 2/19/2026 | 0.66USD | 0.68USD | 628.90 MUSD | - | 2025 Q4 |
| 11/6/2025 | 0.65USD | 0.74USD | 623.99 MUSD | - | 2025 Q3 |
| 8/7/2025 | 0.63USD | 0.71USD | 619.91 MUSD | - | 2025 Q2 |
| 2/20/2025 | 0.62USD | 0.73USD | 638.61 MUSD | - | 2024 Q4 |
| 11/7/2024 | 0.53USD | 0.60USD | 637.68 MUSD | - | 2024 Q3 |
| 8/8/2024 | 0.52USD | 0.60USD | 629.81 MUSD | - | 2024 Q2 |
| 5/9/2024 | 0.50USD | 0.58USD | 629.06 MUSD | - | 2024 Q1 |
EESG©
Eulerpool ESG Scorecard© for the Dropbox stock
EEnvironment
Environment
SSocial
Social
GGovernance (Corporate Governance)
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
Dropbox shareholder structure
| % | Name |
|---|---|
8.23038% | |
7.63896% | |
6.07010% | |
4.48294% | |
4.30192% | |
4.28247% |
Dropbox Beneficial Ownership Filings (SEC 13D/G)
| Stake | Holder | Filing |
|---|---|---|
35.30% | SEC ↗ | |
26.70% | SEC ↗ | |
23.50% | SEC ↗ | |
16.54% | SEC ↗ | |
16.54% | SEC ↗ | |
10.10% | SEC ↗ | |
10.07% | SEC ↗ | |
9.16% | SEC ↗ | |
7.46% | SEC ↗ | |
6.50% | SEC ↗ |
Dropbox Executives and Management Board
15 members · avg. age 55 · 27 % women
Mr. Timothy Regan (48)
Chief Financial Officer
6.22 M USD
Management
Mr. Andrew Houston (42)
Chairman of the Board, Chief Executive Officer, Co-Founder · since 2007
Mr. Ashraf Alkarmi (46)
Senior Vice President - Core Products, General Manager
Mr. Ali Dasdan (55)
Chief Technology Officer
Ms. Sarah Schubach
Chief Accounting and Principal Accounting Officer
Mr. William Yoon (46)
Chief Legal Officer
Board of Directors
Mr. Donald Blair (66)
Lead Independent Director
Ms. Sara Mathew (69)
Independent Director
Ms. Lisa Campbell (61)
Independent Director
Dr. Paul Jacobs (62)
Independent Director
Mr. Abhay Parasnis (50)
Independent Director
Ms. Karen Peacock (52)
Independent Director
Dropbox Supply Chain
Dropbox Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.56 | 0.76 | 0.83 | ||
| 2 | 0.76 | 0.76 | 0.79 | ||
| 3 | 0.57 | 0.75 | 0.77 | ||
| 4 | 0.81 | 0.76 | 0.74 | ||
| 5 | 0.77 | 0.81 | 0.74 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.78 | 0.89 | — | ||
| 2 | 0.83 | — | — | ||
| 3 | 0.80 | 0.64 | — | ||
| 4 | 0.78 | 0.92 | — | ||
| 5 | 0.06 | 0.40 | -0.28 |
Frequently asked questions about Dropbox
The business model of Dropbox Inc, a leading cloud storage and collaboration platform, revolves around providing users with a secure and reliable solution for storing, syncing, and sharing files. Dropbox offers both free and premium subscription plans, catering to individuals, small businesses, and enterprises worldwide. With its user-friendly interface and cross-platform compatibility, Dropbox enables seamless file access and collaboration across various devices and operating systems. By emphasizing data security, privacy, and ease of use, Dropbox has established itself as a trusted solution for individuals and organizations seeking efficient file management and sharing capabilities in today's digital world.
Dropbox Inc primarily operates in the technology industry.
The main competitors of Dropbox Inc in the market are Google Drive, Microsoft OneDrive, and Box Inc.
Dropbox Inc is a renowned technology company specializing in file hosting and sharing services. Founded in 2007 by Drew Houston and Arash Ferdowsi, Dropbox has since grown to become a prominent player in the cloud storage industry. The company's innovative platform enables users to store, synchronize, and share files seamlessly across multiple devices. Dropbox prioritizes user-friendliness and security, offering reliable data backup solutions to individuals, teams, and businesses alike. With its intuitive interface and robust features, Dropbox has amassed a large user base and continues to enhance its services to meet ever-evolving customer needs. For effortless file management and collaboration, Dropbox Inc remains a trusted choice.
Dropbox Inc, a leading cloud storage and collaboration platform, has achieved several significant milestones since its inception. It successfully reached 1 million registered users within just seven months of its launch in 2008. In 2012, Dropbox introduced Dropbox for Business, catering to enterprises and providing advanced features for seamless collaboration. The company also celebrated surpassing 500 million users worldwide in 2016. Dropbox went public in 2018, debuting on NASDAQ under the ticker symbol DBX. Notably, Dropbox continuously improves its services, expanding its integrations with various applications and enhancing security measures. With an impressive track record, Dropbox Inc has consistently proven itself as a top player in the cloud storage industry.
Dropbox Inc primarily operates globally, catering to users across various countries and regions. With a strong presence worldwide, Dropbox serves customers in North America, Europe, Asia-Pacific, and Latin America. In North America, it has a significant market share, particularly in the United States and Canada. In Europe, Dropbox has a widespread presence, including countries like the United Kingdom, Germany, France, Spain, and Italy. It also serves customers in the Asia-Pacific region, including Australia, Japan, China, and India. Additionally, Dropbox has expanded its reach within Latin America, targeting markets such as Brazil and Mexico.
Dropbox Inc represents values of simplicity, innovation, and collaboration. As a leading cloud storage provider, Dropbox Inc focuses on enhancing productivity and enabling seamless file sharing for individuals and businesses. The company's corporate philosophy revolves around making it effortless for users to access, share, and collaborate on their documents and files from any device, anywhere. Dropbox Inc prioritizes user privacy, data security, and user-friendly interfaces, making it a trusted platform for millions of users globally. This commitment to user experience and technological advancement has positioned Dropbox Inc as a prominent player in the cloud storage industry.
Analysts currently set an average price target of 26.50 USD for the Dropbox stock (median: 26.50 USD), implying -28.5 % versus the latest price. The consensus is based on 16 analyst ratings.
16 analysts currently rate the Dropbox stock: 1 recommend buying, 7 holding and 8 selling. For 2026, analysts expect Dropbox to generate revenue of 2.52 B USD and earnings per share of 3.29 USD.
Converted at the current exchange rate, the Dropbox share trades at 31.78 EUR (36.48 USD).
The Dropbox share (DBX) is listed on 10 stock exchanges, including: NASDAQ (DBX), London (0SGO.L), SIX (Zürich) (1Q5.SW), XETRA (1Q5.DE), Frankfurt (1Q5.F), München (1Q5.MU), Düsseldorf (1Q5.DU), Hamburg (1Q5.HM).
Dropbox Inc is an American company that specializes in providing cloud storage solutions. They offer various products and services to their customers, including different storage plans and features. They also provide tools and services tailored to the needs of their customers, such as integration with other applications and support for team collaboration. Dropbox also offers business solutions designed specifically for companies, as well as paid services and products like the Showcase service. Overall, Dropbox is a crucial tool for many businesses and individuals due to its cost-effective solutions and user-friendly interface.
The expected revenue of Dropbox is 2.52 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Dropbox is 836.52 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Dropbox is currently 11.09. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Dropbox stock.
The price-to-sales ratio (P/S) of Dropbox is currently 3.68. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Dropbox stock.
The Eulerpool Quality Score for Dropbox is 6/10.
The ISIN of Dropbox is US26210C1045. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Dropbox is A2JE48. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Dropbox is DBX. The ticker symbol is used to trade Dropbox shares on the stock exchange.
Dropbox paid dividends every year for the past 0 years.
Dropbox is assigned to the 'Information technology' sector.
The dividends of Dropbox are distributed in USD.
Dropbox stock
Dropbox Peer Group
Dropbox Ticker
Dropbox FIGI
All fundamentals and in-depth analysis of Dropbox
Our stock analysis for Dropbox stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Dropbox. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.