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 |
First Quarter Revenue of $624.7 Million, down 1.0% year-over-year; on a constant currency basis, down 0.6% year-over-year GAAP Operating Margin of 29.4% and Non-GAAP Operating Margin of 41.7% Net Cash Provided by Operating Activities of $153.8 Million and Free Cash Flow of $153.7 Million Dropbox, Inc. (NASDAQ:DBX) today announced financial results for its first quarter ended March 31, 2025. "We've had a productive start to the year improving the Dash user experience and making targeted investments to simplify and strengthen our core FSS product," said Dropbox Co-Founder and Chief Executive Officer Drew Houston. "More recently, our Spring launch introduced key new Dash features designed
Today, Dropbox, Inc. (NASDAQ:DBX) announced a major update to Dropbox Dash, its universal search and knowledge management product. The improved Dash now features advanced video and image search across connected platforms—and goes beyond search to speed up content creation. Dash now has purpose-built AI tools for writing, analyzing, and summarizing documents from across customers' favorite platforms. And deeper integrations with essential apps like Slack and Microsoft Teams help users spend less time searching for content and more time creating. "Knowledge workers waste more than a month a year just looking for information and switching between apps," said Drew Houston, co-founder and CEO o
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the first quarter ended March 31, 2025 after market close on Thursday, May 8, 2025. 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 headquartere
Fourth Quarter Revenue of $643.6 Million, up 1.4% year-over-year; on a constant currency basis, up 1.1% year-over-year GAAP Operating Margin of 13.7% and Non-GAAP Operating Margin of 36.9% Net Cash Provided by Operating Activities of $213.8 Million and Free Cash Flow of $210.5 Million Fiscal 2024 Revenue of $2.548 Billion, up 1.9% year-over-year; on a constant currency basis, up 1.7% year-over-year GAAP Operating Margin of 19.1% and Non-GAAP Operating Margin of 36.4% Net Cash Provided by Operating Activities of $894.1 Million and Free Cash Flow of $871.6 Million Dropbox, Inc. (NASDAQ:DBX), today announced financial results for its fourth quarter and fiscal year ended December 31, 2024. "
Dropbox, Inc. (NASDAQ:DBX) announced today that it will report financial results for the fourth quarter and fiscal year ended December 31, 2024 after market close on Thursday, February 20, 2025. 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
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