Résumé des hausses, des baisses et des variations du cours de l'action pour la période du 1er janvier au 31 décembre 2009 Dropbox
Historique des cours de bourse
Prix actuel de l'action	US$25.80
Plus haut sur 52 semaines	US$32.40
Plus bas sur 52 semaines	US$21.70
Bêta	0.67
Variation sur 1 mois	-5.94%
Variation sur 3 mois	11.59%
Variation sur 1 an	-10.17%
Variation sur 3 ans	-0.12%
Variation sur 5 ans	-14.88%
Évolution depuis l'introduction en bourse	-9.41%

Nouvelles et mises à jour récentes

Mise à jour du récit • Jun 13

DBX: Future Returns Will Depend On Execution And Buyback Fuelled Capital Allocation

Dropbox’s analyst price targets have edged higher by $1 as analysts factor in updated expectations around profitability, growth, and valuation reflected in slightly adjusted discount rate, revenue growth, profit margin, and forward P/E assumptions. Analyst Commentary Recent research on Dropbox highlights a mix of cautious optimism and renewed concern, with small price target adjustments and at least one downgrade shaping how analysts are thinking about valuation, execution, and growth.

Mise à jour du récit • May 30

DBX: Future Earnings Will Hinge On Execution And Leadership Transition

Analysts lifted their implied fair value for Dropbox stock by about $0.67 to roughly $26.17, pointing to tweaks in assumptions around discount rate, revenue trends, profit margins and future P/E multiples. Recent $1 price target increases at BofA and Citi helped support that shift despite a downgrade from William Blair.

Recent updates

Mise à jour du récit • Jun 13

DBX: Future Returns Will Depend On Execution And Buyback Fuelled Capital Allocation

Mise à jour du récit • May 30

DBX: Future Earnings Will Hinge On Execution And Leadership Transition

Article d’analyse • May 15

Dropbox's (NASDAQ:DBX) Solid Earnings Have Been Accounted For Conservatively

Dropbox, Inc. ( NASDAQ:DBX ) announced a healthy earnings result recently, and the market rewarded it with a strong...

Seeking Alpha • May 11

Dropbox: Paid User Stabilization And FCF Boost Are Encouraging (Rating Upgrade)

Summary Dropbox earns a rating upgrade to neutral as Q1 results show stabilization and improved cash flow guidance. DBX now trades at just 6.0x FY26 EV/FCF, offering a compelling ~17% FCF yield with limited dilution. While growth remains choppy and competitive risks persist, the company's durable cash flows and AI resistance support valuation. Management lifted FY26 guidance, with revenue decline narrowing to -0.9% to -0.4% and FCF guidance raised to $1.055+ billion. Read the full article on Seeking Alpha

Mise à jour du récit • Apr 23

DBX: Future Earnings Will Depend On Core Resilience And Ongoing Buybacks

Analysts have trimmed Dropbox's implied price target to about $25.50, reflecting a modest adjustment to valuation assumptions as Street research cites mixed recent results, slower growth trends into 2026, and the need for clearer traction from newer products such as Dash. Analyst Commentary Recent Street research on Dropbox reflects a more cautious stance, with several firms lowering price targets and adjusting ratings as they reassess growth, execution on new products like Dash, and how much investors are willing to pay for the story.

Mise à jour du récit • Apr 09

DBX: Future Earnings Profile Will Rely On Core Stability And Capital Returns

Analysts have trimmed their average price targets on Dropbox to a range centered around $25 to $27. This reflects ongoing concerns about growth challenges, mixed recent results, and the need for clearer traction from products like Dash before considering a more constructive stance.

Mise à jour du récit • Mar 26

DBX: Execution And Buybacks Will Shape Future Earnings Multiple Constraints

For Dropbox, the analyst price target in this framework increases from $20.00 to $21.00 as analysts factor in recent target cuts from Citi, UBS, RBC Capital, and JPMorgan, along with updated assumptions for growth, profitability, and future P/E. Analyst Commentary Recent Street research on Dropbox reflects a cautious tone, with several bearish analysts trimming price targets and one downgrade in coverage.

Mise à jour du récit • Mar 11

DBX: Future Earnings Profile Will Depend On Core Stability And New Product Execution

Our updated narrative trims the analyst price target for Dropbox from $28.57 to $25.50, reflecting a series of recent target cuts from $30 to $27, $27 to $23, $35 to $30, and $29 to $25 as analysts point to ongoing growth challenges, mixed results, and limited evidence of traction from newer products like Dash. Analyst Commentary Recent research points to a more cautious stance on Dropbox, with several firms trimming their price targets and emphasizing execution on growth initiatives and new products like Dash as key swing factors for valuation.

Mise à jour du récit • Feb 25

DBX: Buybacks And AI Investment Will Support Higher Future Pricing

The analyst price target for Dropbox has been reduced from $35 to $30 as analysts factor in mixed recent results, ongoing growth challenges, and questions around the pace of adoption and monetization for new products like Dash. Analyst Commentary Recent Street research on Dropbox reflects a cautious stance overall, but there are still some constructive signals for investors who are focused on execution and valuation.

Mise à jour du récit • Feb 11

DBX: Execution And Competitive Pressures Will Constrain Future Earnings Multiple

Analysts kept their $20.00 fair value estimate for Dropbox steady while slightly adjusting assumptions around discount rate, revenue growth, margins and future P/E to reflect updated views on the risk profile and earnings power, without changing the overall valuation anchor. Analyst Commentary While the fair value estimate for Dropbox remains unchanged at $20.00, some elements of Street research highlight risks that readers should keep in mind when thinking about valuation and execution.

Mise à jour du récit • Jan 26

DBX: Q3 Margin Strength And Guidance Shifts Will Shape Fair Value Outlook

Analysts have inched their fair value estimate for Dropbox higher to $28.57 from $28.13, reflecting updated assumptions around a slightly higher discount rate, a modest decline in expected revenue growth, a marginally stronger profit margin, and a lower future P/E multiple in light of recent research that includes RBC Capital's price target move to $38 after what it called decent Q3 results. Analyst Commentary Recent Street research on Dropbox has focused on how the latest quarterly results line up against expectations and what that might mean for valuation.

Mise à jour du récit • Jan 11

DBX: Q3 Outperformance And Buybacks Will Support Higher Future Pricing

Analysts raised their fair value estimate for Dropbox to US$35 from US$32, citing the recent price target increase from US$35 to US$38 at RBC Capital and research that highlights stronger than expected Q3 revenue, billings, and operating margins, despite slightly softer annual recurring revenue. Analyst Commentary For Dropbox, bullish analysts are pointing to the recent price target increase to US$38 as a sign of confidence in how the company is executing against expectations.

Mise à jour du récit • Dec 13

DBX: Rising Execution Risks Will Pressure Long Term Earnings Multiple

Analysts have modestly reduced their fair value estimate for Dropbox from $23.00 to $20.00 per share, reflecting a higher assumed discount rate, while also acknowledging slightly better long term margin prospects and a lower future earnings multiple. Analyst Commentary While recent earnings have demonstrated resilient profitability and solid execution, bearish analysts continue to flag a disconnect between Dropbox's share price and its long term fundamental outlook.

Seeking Alpha • Mar 21

Dropbox: Losing Customers, Market Share, And Revenue

Summary Dropbox has faced near-zero growth and a stiff decline, struggling to compete with rivals like Box, which shows better growth rates. Despite a 10% gain over the past year, Dropbox's poor Q4 earnings and bleak FY25 outlook signal continued customer loss and revenue decline. Dropbox's subsidiary FormSwift is underperforming, and the company's AI product, Dropbox Dash, lacks compelling differentiation, worsening its competitive stance. Despite a cheap FCF multiple under 10x, given Dropbox's poor outlook and lack of growth prospects, it's advisable to steer clear and invest elsewhere. Read the full article on Seeking Alpha

Seeking Alpha • Feb 26

Dropbox: I Expect Further Downside

Summary Dropbox shares are down around 15% since reporting Q4'24, guiding for revenue and user decline in 2025. The core business looks to be deteriorating with a vulnerable 80% gross margin and increased competition from other cloud storage providers. Dropbox Dash, the company's pivot to universal search, is so far not generating revenue and the product will likely face competition from other AI and big tech alternatives. I previously rated shares a sell at around $31, but I expect more downside from here. Read the full article on Seeking Alpha

Seeking Alpha • Feb 18

Dropbox: Low Growth, Fair Valuation And Competition Risks

Summary Dropbox operates in a competitive market, showing strong features but limited EPS growth, leading to a "hold" rating. The company enhances governance and collaboration, reduces capex, and uses gen AI for productivity. Financially, Dropbox has better gross margins than Box but lags in revenue growth and efficiency, issuing significant debt for buybacks. Workforce restructuring and improved data governance in Dash AI present opportunities, but low growth and competition pose risks. Read the full article on Seeking Alpha

Seeking Alpha • Jan 29

Dropbox: Terminal Value Component Remains An Enduring Question Mark

Summary Dropbox's attractive financials are overshadowed by concerns about terminal value risk, leading to market discounting and heightened stock volatility. Management's continued R&D spending despite stagnant growth raises questions, highlighted by a frustrating earnings call comparison to Netflix's evolution. Dropbox's efforts like Paper, Spaces, and Dash reflect survivorship bias, with many initiatives failing to reignite growth. We anticipated more aggressive acquisitions, but recent moves seem tangential, prompting us to step back and reconsider our investment stance. Read the full article on Seeking Alpha

Seeking Alpha • Dec 27

Dropbox: Redundant With No Credible Pivots

Summary Dropbox is priced as a premium service but offers little more than its competitors. Growth in paying users has come to almost a halt, and canceling subscribers are unlikely to return. DBX's model was made for a different age. Today, users increasingly expect cloud storage to be free or as a benefit of signing up to a big tech ecosystem. Shares traded down to around $20 this year after DBX reported a decline in paying users in Q4'23 and guided below street expectations. Since then, shares have, in my opinion, unjustifiably rallied back to around $30. My outlook for Dropbox suggests shares should be valued at around $16 presenting a significant downside. Read the full article on Seeking Alpha

Seeking Alpha • Nov 12

Dropbox: This Situation Is A Falling Knife

Summary Dropbox's user growth has nearly halted, with revenue growth sliding to low single digits and customer acquisition faltering, signaling more downside ahead. Dropbox faces stiff competition from Box and Google Drive, leading to an existential crisis and a major slowdown in user acquisition. Despite large free cash flows, Dropbox maintains a net debt position and lowered its cash flow guidance, pushing it further from its $1 billion FCF goal. AI features haven't boosted Dropbox's top-line growth, and increased churn rates question the stickiness and value of its subscription revenue base. Read the full article on Seeking Alpha

Seeking Alpha • Oct 03

Dropbox: Business Has A Poor Competitive Position

Summary My recommendation for Dropbox is a hold rating due to its structurally disadvantaged position against larger competitors like OneDrive and Google Drive. Despite its competitive challenges, DBX remains a cash-generative business, with management actively returning capital to shareholders through buybacks and exploring ways to improve its FCF profile. DBX is not able to compete effectively, especially in a challenging macro environment. Read the full article on Seeking Alpha

Seeking Alpha • Sep 02

Dropbox: A Buyout Might Save This From The Stall Warning (Technical Analysis)

Summary Lyn Alden is neutral on Dropbox, citing stalled revenue growth but noting it's priced cheaply and could be an acquisition target. Our methodology focuses on human behavioral patterns in price structures, differing from traditional technical analysis. Current Dropbox chart analysis suggests a bearish scenario, with potential downside plays and risk defined by recent highs. Embrace our unique approach to market analysis for reliable guidance and risk management in trading and investing. Read the full article on Seeking Alpha

Nouveau récit • Aug 27

Expanding Into AI With Dash Could Spur Growth Amidst Team Segment Struggles And Margin Pressures

Enhanced features like AI-enabled Dash and FSS encryption aim to boost revenue by attracting new users and retaining existing ones.

Seeking Alpha • Aug 12

After Earnings Beat, Dropbox Growth Is Worth Keeping An Eye On

Summary Dropbox has seen slowing growth, but beat earnings estimates last week and reported 18.22 million paying users. The company offers various premium services related to data storage and sharing, investing in AI technology for a competitive advantage. Dropbox's balance sheet shows negative shareholder equity, but manageable debt with potential for growth if user conversion to paid services continues. Read the full article on Seeking Alpha

Seeking Alpha • Jun 06

Dropbox: The Growth Engine Has Sputtered (Rating Downgrade)

Summary Dropbox's stock has dropped over 20% this year, with slowing growth and disappointing Q1 results. The company cited conversion issues at the top of its funnel, stemming from its decision to focus on middle-priced SKU tiers. Q1 revenue growth not only decelerated sharply and declined sequentially from Q4, but also lagged several points behind rival Box's growth rate. The only positive offsets for Dropbox are a rich operating margin (~37%) and a cheap FCF multiple, but growth issues will likely keep the stock from re-rating to a normalized multiple. Read the full article on Seeking Alpha

Rendement pour les actionnaires

	DBX	US Software	US Marché
7D	-5.3%	-2.0%	1.4%
1Y	-10.2%	-17.7%	25.7%

Rendement vs Industrie: DBX a dépassé le secteur US Software qui a rapporté -17.7 % au cours de l'année écoulée.

Rendement vs marché: DBX a sous-performé le marché US qui a rapporté 25.7 % au cours de l'année écoulée.

Volatilité des prix

Is DBX's price volatile compared to industry and market?
DBX volatility
DBX Average Weekly Movement	6.9%
Software Industry Average Movement	10.0%
Market Average Movement	7.2%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Cours de l'action stable: DBX n'a pas connu de volatilité de prix significative au cours des 3 derniers mois par rapport au marché US.

Volatilité au fil du temps: La volatilité hebdomadaire de DBX ( 7% ) est restée stable au cours de l'année écoulée.

À propos de l'entreprise

Fondée	Salariés	PDG	Site web
2007	2,113	Drew Houston	www.dropbox.com

Dropbox, Inc. propose une plateforme de collaboration de contenu aux États-Unis et dans le monde. La plateforme de l'entreprise permet aux individus, aux familles, aux équipes et aux organisations de collaborer gratuitement via son site web ou son application, ou par le biais d'un plan d'abonnement payant pour des fonctionnalités premium. Sa plateforme se compose de divers éléments, tels qu'un foyer unifié pour le contenu, un réseau de partage mondial, ainsi que des expériences et des intégrations de produits.

Dropbox, Inc. Résumé des fondamentaux

Comment les bénéfices et les revenus de Dropbox se comparent-ils à sa capitalisation boursière ?
DBX statistiques fondamentales
Capitalisation boursière	US$6.06b
Bénéfices(TTM)	US$472.60m
Recettes(TTM)	US$2.53b

12.7x

Ratio P/E

2.4x

Ratio P/S

Le site DBX est-il surévalué ?

Voir Juste valeur et analyse de l'évaluation

Bénéfices et recettes

Principales statistiques de rentabilité tirées du dernier rapport sur les bénéfices (TTM)
DBX compte de résultat (TTM)
Recettes	US$2.53b
Coût des recettes	US$511.80m
Marge brute	US$2.01b
Autres dépenses	US$1.54b
Les revenus	US$472.60m

Derniers bénéfices déclarés

Mar 31, 2026

Prochaine date de publication des résultats

s/o

Résultat par action (EPS)	2.03
Marge brute	79.74%
Marge bénéficiaire nette	18.71%
Ratio dettes/capitaux propres	-164.1%

Quelles ont été les performances à long terme de DBX?

Voir les performances historiques et les comparaisons

Analyse de l'entreprise et données financières

Données	Dernière mise à jour (heure UTC)
Analyse de l'entreprise	2026/06/22 03:36
Cours de l'action en fin de journée	2026/06/22 00:00
Les revenus	2026/03/31
Revenus annuels	2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

Paquet	Données	Cadre temporel	Exemple de source américaine ^*
Finances de l'entreprise	10 ans	Compte de résultat Tableau des flux de trésorerie Bilan	Formulaire 10-K de la SEC Formulaire 10-Q de la SEC
Estimations consensuelles des analystes	+3 ans	Prévisions financières Objectifs de prix des analystes	Rapports de recherche des analystes Blue Matrix
Prix du marché	30 ans	Cours des actions Dividendes, scissions et actions	Données de marché ICE Formulaire S-1 de la SEC
Propriété	10 ans	Actionnaires principaux Délits d'initiés	Formulaire 4 de la SEC Formulaire 13D de la SEC
Gestion	10 ans	L'équipe dirigeante Conseil d'administration	Formulaire 10-K de la SEC Formulaire SEC DEF 14A
Principaux développements	10 ans	Annonces de l'entreprise	Formulaire 8-K de la SEC

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés^.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d'analyse utilisé pour générer ce rapport sont disponibles sur notre page Github, nous proposons également des guides pour apprendre à utiliser nos rapports et des tutoriels sur YouTube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Dropbox, Inc. est couverte par 21 analystes. 7 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

Analyste	Institution
Edward Magi	Berenberg
Zane Chrane	Bernstein
Matthew Bullock	BofA Global Research

Dropbox (DBX) Aperçu de l'action

Récompenses

Analyse des risques

Analyst Price Targets

AI-Driven Cloud Platforms Will Transform Digital Collaboration

AI Dash And Hybrid Work Will Redefine Digital Collaboration

Teams Churn And AI Delays Will Depress Revenue

Top Analyst Narratives

AI-Driven Cloud Platforms Will Transform Digital Collaboration

AI Dash And Hybrid Work Will Redefine Digital Collaboration

Teams Churn And AI Delays Will Depress Revenue

Dropbox, Inc. Concurrents

Open Text

Octave Intelligence

Elastic

Pegasystems

Historique des prix et performances

Nouvelles et mises à jour récentes

DBX: Future Returns Will Depend On Execution And Buyback Fuelled Capital Allocation

Co-CEO & Director recently sold US$632k worth of stock

Dropbox Adds US$400 Million Credit Line and Increases Share Buyback Authorization to US$1.7 Billion

Dropbox, Inc. (NasdaqGS:DBX) announces an Equity Buyback for $900 million worth of its shares.

DBX: Future Earnings Will Hinge On Execution And Leadership Transition

Dropbox, Inc. Appoints Andrew W. Houston as Director

Recent updates

DBX: Future Returns Will Depend On Execution And Buyback Fuelled Capital Allocation

Co-CEO & Director recently sold US$632k worth of stock

Dropbox Adds US$400 Million Credit Line and Increases Share Buyback Authorization to US$1.7 Billion

Dropbox, Inc. (NasdaqGS:DBX) announces an Equity Buyback for $900 million worth of its shares.

DBX: Future Earnings Will Hinge On Execution And Leadership Transition

Dropbox, Inc. Appoints Andrew W. Houston as Director

Dropbox, Inc. Announces Management Changes

Co-Founder notifies of intention to sell stock

Dropbox's (NASDAQ:DBX) Solid Earnings Have Been Accounted For Conservatively

Dropbox: Paid User Stabilization And FCF Boost Are Encouraging (Rating Upgrade)

First quarter 2026 earnings: EPS and revenues exceed analyst expectations

DBX: Future Earnings Will Depend On Core Resilience And Ongoing Buybacks

Dropbox, Inc. to Report Q1, 2026 Results on May 07, 2026

DBX: Future Earnings Profile Will Rely On Core Stability And Capital Returns

Co-Founder notifies of intention to sell stock

DBX: Execution And Buybacks Will Shape Future Earnings Multiple Constraints

Dropbox, Inc., Annual General Meeting, May 21, 2026

DBX: Future Earnings Profile Will Depend On Core Stability And New Product Execution

Co-Founder notifies of intention to sell stock

DBX: Buybacks And AI Investment Will Support Higher Future Pricing

Price target decreased by 9.7% to US$25.50

New major risk - Revenue and earnings growth

DBX: Execution And Competitive Pressures Will Constrain Future Earnings Multiple

Co-Founder notifies of intention to sell stock

Dropbox, Inc. to Report Q4, 2025 Results on Feb 19, 2026

DBX: Q3 Margin Strength And Guidance Shifts Will Shape Fair Value Outlook

DBX: Q3 Outperformance And Buybacks Will Support Higher Future Pricing

Co-Founder notifies of intention to sell stock

DBX: Rising Execution Risks Will Pressure Long Term Earnings Multiple

Dropbox, Inc. Announces Chief Financial Officer Changes

Co-Founder notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

Chief Financial Officer notifies of intention to sell stock

Third quarter 2025 earnings: EPS and revenues exceed analyst expectations

Dropbox, Inc. to Report Q3, 2025 Results on Nov 06, 2025

Co-Founder notifies of intention to sell stock

Dropbox, Inc. (NasdaqGS:DBX) announces an Equity Buyback for $1,500 million worth of its shares.

Co-Founder notifies of intention to sell stock

Co-Founder exercised options and sold US$2.6m worth of stock

Second quarter 2025 earnings: EPS and revenues exceed analyst expectations

Dropbox, Inc. to Report Q2, 2025 Results on Aug 07, 2025

Co-Founder notifies of intention to sell stock

Co-Founder notifies of intention to sell stock

First quarter 2025 earnings: EPS exceeds analyst expectations

Dropbox, Inc. Announces Major Update to Dropbox Dash

Dropbox, Inc. to Report Q1, 2025 Results on May 08, 2025

Dropbox, Inc., Annual General Meeting, May 15, 2025

Dropbox, Inc. Announces Eric Cox Plans to Step Down as Chief Customer Officer

Dropbox: Losing Customers, Market Share, And Revenue

Dropbox, Inc. Announces Executive Changes, Effective March 28, 2025

Investor sentiment deteriorates as stock falls 19%

Dropbox: I Expect Further Downside

Full year 2024 earnings: EPS exceeds analyst expectations

Dropbox, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2025

Dropbox: Low Growth, Fair Valuation And Competition Risks