Dropbox, Inc. provides a collaboration platform worldwide. Its platform allows individuals, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. As of December 31, 2020, the company had approximately 700 million registered users across 180 countries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
IPO Year: 2018
Exchange: NASDAQ
Website: dropbox.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/16/2024 | $26.00 → $24.00 | Neutral → Sell | Goldman |
2/16/2024 | $33.00 → $30.00 | Overweight → Neutral | JP Morgan |
2/16/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
2/16/2024 | $34.00 → $28.00 | Buy → Underperform | BofA Securities |
12/15/2023 | $36.00 | Buy | UBS |
9/18/2023 | Outperform → Mkt Perform | William Blair | |
5/8/2023 | $22.00 → $25.00 | Sell → Neutral | Goldman |
1/5/2023 | $25.00 | Buy → Hold | Jefferies |
11/22/2022 | $20.00 | Underperform | Credit Suisse |
9/13/2022 | $30.00 | Overweight | KeyBanc Capital Markets |
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is hea
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the second quarter ended June 30, 2024 after market close on Thursday, August 8, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headqu
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the first quarter ended March 31, 2024 after market close on Thursday, May 9, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquart
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2023 after market close on Thursday, February 15, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of wor
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the third quarter ended September 30, 2023 after market close on Thursday, November 2, 2023. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the second quarter ended June 30, 2023 after market close on Thursday, August 3, 2023. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headqu
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the first quarter ended March 31, 2023 after market close on Thursday, May 4, 2023. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquart
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2022 after market close on Thursday, February 16, 2023. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. The conference call can be accessed by using the web link at Dropbox's Q4 2022 earnings call. Once registered, the participant will receive a dial-in number and unique PIN number to access the call. To ensure you are connected prior to the beginning of the call, participants should register a minimum of 10 minutes before the start of the call. A liv
Acquisition will give customers a template library and a simple solution to create, complete, edit and save critical business forms and agreements, further bolstering Dropbox's end-to-end agreement workflow capabilities Dropbox, Inc. (NASDAQ:DBX), today announced it has acquired FormSwift, a cloud-based service that gives individuals and businesses a simple solution to create, complete, edit, and save critical business forms and agreements. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221216005070/en/(Graphic: Business Wire) "At Dropbox, we're building tools to help our customers succeed in today's virtual-first world by moder
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the third quarter ended September 30, 2022 after market close on Thursday, November 3, 2022. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. The conference call can be accessed by using the web link at Dropbox's Q3 2022 earnings call. Once registered, the participant will receive a dial-in number and unique PIN number to access the call. To ensure you are connected prior to the beginning of the call, participants should register a minimum of 10 minutes before the start of the call. A live webcast and rep
Market context takes back seat to success metrics while "window shopping" VCs look for proven skill set and traction SAN FRANCISCO, Dec. 18, 2024 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ:DBX) company, released new data showing venture capital (VC) investors spent 40% more time on seed stage Team slides, and 30% more time on pre-seed Team slides in 2024 compared to the previous year. As interest in dealmaking has returned, investors are prioritizing proven progress such as traction, product and financials over market context and competition.
Dropbox, Inc. ("Dropbox" or the "Company") (NASDAQ:DBX), today announced entry into a Credit and Guaranty Agreement providing the Company with up to $2.0 billion in secured term loan due 2029 and a $1.2 billion stock repurchase program. The facility was led and substantially provided by Blackstone Credit & Insurance, who served as lead arranger and lead structuring agent, and proceeds may be used for working capital and general corporate purposes, including share repurchases. The term loan facility includes a delayed draw feature with an initial borrowing of $1.0 billion and subsequent access to up to an additional $1.0 billion. In connection with entry into the Credit Agreement, the Co
Dropbox, Inc. (NASDAQ:DBX) Chief Financial Officer Tim Regan will participate in a fireside chat at the 2024 UBS Global Technology and AI Conference in Scottsdale, Arizona on Tuesday, December 3, 2024 at 1:35 p.m. ET / 10:35 a.m. PT. A live webcast and replay of the event will be available on the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headquartered in San Francisco, CA. For more information on our mission and products, visit dropbox.com.
Third Quarter Revenue of $638.8 Million, up 0.9% year-over-year on an as reported and constant currency basis GAAP Operating Margin of 20.0% and Non-GAAP Operating Margin of 36.2% Net Cash Provided by Operating Activities of $274.2 Million and Free Cash Flow of $270.1 Million Dropbox, Inc. (NASDAQ:DBX), today announced financial results for its third quarter ended September 30, 2024. "As we've shared over the last year, we're in a transitional period as a company and we continue to face a challenging environment in 2024. We recently announced a reduction in our workforce to both increase efficiency in and strengthen our core business, and accelerate growth in our new bets, like Dropbox
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is hea
Dash for Business makes it easy for teams to find, organize, share, and secure company information by combining universal search, organization and sharing capabilities, and in-depth content access control for businesses of all sizes Today, Dropbox, Inc. (NASDAQ:DBX) announced Dropbox Dash for Business—the latest iteration of its AI-powered universal search product—which combines universal search, organization and sharing capabilities, and advanced content access control. Dash solves one of the biggest problems facing companies: teams often struggle to find the content they need at work. With Dash, teams can easily find, organize, share, and secure company information to save time and focus
Similarweb Ltd. (NYSE:SMWB), a leading digital market intelligence company, is pleased to announce the appointment of Lisa Campbell and Barak Eilam to its Board of Directors, with overwhelming support at the general meeting of shareholders earlier today. Their extensive experience in scaling and leading successful SaaS and technology companies will further enhance Similarweb's strategic growth and industry leadership. Or Offer, Co-Founder and CEO of Similarweb, commented, "I am thrilled to welcome Lisa and Barak to our Board of Directors. They each bring extensive experience in growing and scaling software companies, and a deep understanding of business strategy and technology that align
Second Quarter Revenue of $634.5 Million, up 1.9% year-over-year; on a constant currency basis, up 1.8% year-over-year GAAP Operating Margin of 20.0% and Non-GAAP Operating Margin of 35.9% Net Cash Provided by Operating Activities of $230.6 Million and Free Cash Flow of $224.7 Million Dropbox, Inc. (NASDAQ:DBX), today announced financial results for its second quarter ended June 30, 2024. "In Q2, we improved the functionality and experience of our core FSS product, and made it easier for our customers to discover, try, and buy everything we have to offer," said Dropbox Co-Founder and Chief Executive Officer Drew Houston. "As we navigate the natural pressures of a maturing FSS busine
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the second quarter ended June 30, 2024 after market close on Thursday, August 8, 2024. The company will also hold a conference call on the same day at 2:00 PM PT / 5:00 PM ET to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Dropbox investor relations website at http://investors.dropbox.com. About Dropbox Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, we're on a mission to design a more enlightened way of working. Dropbox is headqu
Founders eagerly seek capital while investors gear up to use dry powder SAN FRANCISCO, July 11, 2024 /PRNewswire/ -- The venture capital landscape is emerging from doom and gloom according to Q2 2024 investor activity metrics, which are above all previous years tracked — up 21.7% year-over-year (YoY) from 2023 — exceeding 2021's activity, which led to record-breaking funding. DBX) company, today released a data analysis of its Pitch Deck Interest (PDI) metrics showing 2024 investor pitch deck engagement rose after global startup funding hit a five-year low. The analysis shows VCs are confident in the marketplace and founder
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Goldman downgraded Dropbox from Neutral to Sell and set a new price target of $24.00 from $26.00 previously
JMP Securities downgraded Dropbox from Mkt Outperform to Mkt Perform
JP Morgan downgraded Dropbox from Overweight to Neutral and set a new price target of $30.00 from $33.00 previously
BofA Securities downgraded Dropbox from Buy to Underperform and set a new price target of $28.00 from $34.00 previously
UBS initiated coverage of Dropbox with a rating of Buy and set a new price target of $36.00
William Blair downgraded Dropbox from Outperform to Mkt Perform
Goldman upgraded Dropbox from Sell to Neutral and set a new price target of $25.00 from $22.00 previously
Jefferies downgraded Dropbox from Buy to Hold and set a new price target of $25.00
Credit Suisse initiated coverage of Dropbox with a rating of Underperform and set a new price target of $20.00
KeyBanc Capital Markets initiated coverage of Dropbox with a rating of Overweight and set a new price target of $30.00
Similarweb Ltd. (NYSE:SMWB), a leading digital market intelligence company, is pleased to announce the appointment of Lisa Campbell and Barak Eilam to its Board of Directors, with overwhelming support at the general meeting of shareholders earlier today. Their extensive experience in scaling and leading successful SaaS and technology companies will further enhance Similarweb's strategic growth and industry leadership. Or Offer, Co-Founder and CEO of Similarweb, commented, "I am thrilled to welcome Lisa and Barak to our Board of Directors. They each bring extensive experience in growing and scaling software companies, and a deep understanding of business strategy and technology that align
Three-time CMO to lead and scale Amplitude's marketing organization Amplitude, Inc. (NASDAQ:AMPL), a leading digital analytics platform, today announced the appointment of Tifenn Dano Kwan as its new Chief Marketing Officer. With a track record for driving product-led growth, building strong teams, and accelerating pipeline, Dano Kwan will oversee all aspects of Amplitude's marketing organization. She will join Amplitude's executive leadership team and report to Thomas Hansen, Amplitude's President. "Our goal is to make Amplitude's #1-ranked product analytics solution the essential platform for product, data, engineering, and growth leaders alike," said Hansen. "As we scale our marketing
LÉVIS, QC, May 5, 2022 /CNW/ - QScale, a fast-growing company recognized for its innovative concept of eco-responsible computing centers, today announced the appointment of Sylvie Veilleux to its board of directors. Most recently, Veilleux served as the first Chief Information Officer at Dropbox (NASDAQ:DBX). "We're delighted to have Sylvie join our board of directors to accelerate our international growth. Sylvie has a deep understanding of the global technology scene, having held top management positions at renowned, fast-growing technology firms," said QScale's President Ma
Hootsuite today announced the appointment of four new directors to its Board of Directors. Julie Herendeen, Christiane Pendarvis, Dave Singh, and Carl Sparks join existing directors, Ryan Holmes, Tom Keiser and Jeff Lieberman on the Hootsuite board. Herendeen has been appointed Board Chair. "These new board appointments are an important step forward for Hootsuite as we transition from an investor board to an independent board," said Tom Keiser, Hootsuite CEO. "We have an incredible mix of talented leaders guiding our company, and I'm honored to welcome our newest board members to the team." Concurrent with the new additions, Sara Clemens and Shahrzad Rafati have transitioned from the boar
SAN FRANCISCO, Sept. 30, 2021 /PRNewswire/ -- Prezi, the most engaging way to share content on video, today announced the appointment of Sylvie Veilleux to its Board of Directors. Most recently, Veilleux served as the first chief information officer at Dropbox (NASDAQ:DBX). "Sylvie is a global technology leader with extensive experience driving digital transformation at the technical and talent levels for fast-growing technology companies like Dropbox, and we're thrilled to welcome Sylvie to our Board of Directors," said Jim Szafranski, chief executive officer, Prezi. "The majority of the Fortune 1000 have already begun virtual presenting through Prezi Video, and Sylvie will be an invaluabl
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