(DBX) Dropbox - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US26210C1045

Stock:

Total Rating 46
Risk 41
Buy Signal -0.56
Risk 5d forecast
Volatility 28.1%
Relative Tail Risk -1.72%
Reward TTM
Sharpe Ratio -0.15
Alpha -18.74
Character TTM
Beta 0.742
Beta Downside 0.548
Drawdowns 3y
Max DD 37.39%
CAGR/Max DD 0.19

EPS (Earnings per Share)

EPS (Earnings per Share) of DBX over the last years for every Quarter: "2021-03": 0.35, "2021-06": 0.4, "2021-09": 0.37, "2021-12": 0.41, "2022-03": 0.38, "2022-06": 0.38, "2022-09": 0.43, "2022-12": 0.4, "2023-03": 0.42, "2023-06": 0.51, "2023-09": 0.56, "2023-12": 0.5, "2024-03": 0.58, "2024-06": 0.6, "2024-09": 0.6, "2024-12": 0.73, "2025-03": 0.7, "2025-06": 0.71, "2025-09": 0.74, "2025-12": 0.68,

Revenue

Revenue of DBX over the last years for every Quarter: 2021-03: 511.6, 2021-06: 530.6, 2021-09: 550.2, 2021-12: 565.5, 2022-03: 562.4, 2022-06: 572.7, 2022-09: 591, 2022-12: 598.8, 2023-03: 611.1, 2023-06: 622.5, 2023-09: 633, 2023-12: 635, 2024-03: 631.3, 2024-06: 634.5, 2024-09: 638.8, 2024-12: 643.6, 2025-03: 624.7, 2025-06: 625.7, 2025-09: 634.4, 2025-12: 636.2,

Description: DBX Dropbox

Dropbox, Inc. provides a content collaboration platform in the United States and internationally. The company's platform enables individuals, families, teams, and organizations to collaborate for free through its website or app, or through a paid subscription plan for premium features. Its platform consists of various elements, such as unified home for content, global sharing network, and product experiences and integrations. The company serves customers in the professional services, technology, media, education, industrial, consumer and retail, and financial services industries. 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.

Piotroski VR‑10 (Strict, 0-10) 8.5

Net Income: 508.4m TTM > 0 and > 6% of Revenue
FCF/TA: 0.32 > 0.02 and ΔFCF/TA 5.71 > 1.0
NWC/Revenue: -28.56% < 20% (prev 20.70%; Δ -49.27% < -1%)
CFO/TA 0.33 > 3% & CFO 951.8m > Net Income 508.4m
Net Debt (3.05b) to EBITDA (881.9m): 3.46 < 3
Current Ratio: 0.62 > 1.5 & < 3
Outstanding Shares: last quarter (254.2m) vs 12m ago -17.14% < -2%
Gross Margin: 80.14% > 18% (prev 0.83%; Δ 7931 % > 0.5%)
Asset Turnover: 80.78% > 50% (prev 76.63%; Δ 4.15% > 0%)
Interest Coverage Ratio: 6.31 > 6 (EBITDA TTM 881.9m / Interest Expense TTM 114.8m)

Altman Z'' -5.17

A: -0.25 (Total Current Assets 1.17b - Total Current Liabilities 1.89b) / Total Assets 2.92b
B: -1.31 (Retained Earnings -3.82b / Total Assets 2.92b)
C: 0.23 (EBIT TTM 724.6m / Avg Total Assets 3.12b)
D: -0.81 (Book Value of Equity -3.81b / Total Liabilities 4.71b)
Altman-Z'' Score: -5.17 = D

Beneish M -2.95

DSRI: 1.14 (Receivables 79.1m/70.4m, Revenue 2.52b/2.55b)
GMI: 1.03 (GM 80.14% / 82.53%)
AQI: 1.17 (AQ_t 0.38 / AQ_t-1 0.32)
SGI: 0.99 (Revenue 2.52b / 2.55b)
TATA: -0.15 (NI 508.4m - CFO 951.8m) / TA 2.92b)
Beneish M-Score: -2.95 (Cap -4..+1) = A

What is the price of DBX shares?

As of March 03, 2026, the stock is trading at USD 24.96 with a total of 4,153,143 shares traded.
Over the past week, the price has changed by +1.88%, over one month by -2.73%, over three months by -15.99% and over the past year by -3.63%.

Is DBX a buy, sell or hold?

Dropbox has received a consensus analysts rating of 2.83. Therefor, it is recommend to hold DBX.
  • StrongBuy: 0
  • Buy: 1
  • Hold: 8
  • Sell: 3
  • StrongSell: 0

What are the forecasts/targets for the DBX price?

Issuer Target Up/Down from current
Wallstreet Target Price 25.5 2.2%
Analysts Target Price 25.5 2.2%

DBX Fundamental Data Overview March 02, 2026

P/E Trailing = 14.1989
P/E Forward = 8.3056
P/S = 2.5924
P/B = 29.8101
P/EG = 11.87
Revenue TTM = 2.52b USD
EBIT TTM = 724.6m USD
EBITDA TTM = 881.9m USD
Long Term Debt = 1.79b USD (from longTermDebt, two quarters ago)
Short Term Debt = 906.0m USD (from shortTermDebt, last quarter)
Debt = 3.94b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.05b USD (from netDebt column, last quarter)
Enterprise Value = 9.44b USD (6.54b + Debt 3.94b - CCE 1.04b)
Interest Coverage Ratio = 6.31 (Ebit TTM 724.6m / Interest Expense TTM 114.8m)
EV/FCF = 10.14x (Enterprise Value 9.44b / FCF TTM 930.8m)
FCF Yield = 9.86% (FCF TTM 930.8m / Enterprise Value 9.44b)
FCF Margin = 36.92% (FCF TTM 930.8m / Revenue TTM 2.52b)
Net Margin = 20.17% (Net Income TTM 508.4m / Revenue TTM 2.52b)
Gross Margin = 80.14% ((Revenue TTM 2.52b - Cost of Revenue TTM 500.7m) / Revenue TTM)
Gross Margin QoQ = 79.24% (prev 79.78%)
Tobins Q-Ratio = 3.24 (Enterprise Value 9.44b / Total Assets 2.92b)
Interest Expense / Debt = 0.81% (Interest Expense 32.1m / Debt 3.94b)
Taxrate = 24.04% (34.4m / 143.1m)
NOPAT = 550.4m (EBIT 724.6m * (1 - 24.04%))
Current Ratio = 0.62 (Total Current Assets 1.17b / Total Current Liabilities 1.89b)
Debt / Equity = -2.19 (negative equity) (Debt 3.94b / totalStockholderEquity, last quarter -1.80b)
Debt / EBITDA = 3.46 (Net Debt 3.05b / EBITDA 881.9m)
Debt / FCF = 3.28 (Net Debt 3.05b / FCF TTM 930.8m)
Total Stockholder Equity = -1.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.29% (Net Income 508.4m / Total Assets 2.92b)
RoE = -35.62% (negative equity) (Net Income TTM 508.4m / Total Stockholder Equity -1.43b)
RoCE = 198.8% (EBIT 724.6m / Capital Employed (Equity -1.43b + L.T.Debt 1.79b))
RoIC = 50.13% (NOPAT 550.4m / Invested Capital 1.10b)
WACC = 5.63% (E(6.54b)/V(10.48b) * Re(8.65%) + D(3.94b)/V(10.48b) * Rd(0.81%) * (1-Tc(0.24)))
Discount Rate = 8.65% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -14.03%
[DCF] Terminal Value 86.94% ; FCFF base≈907.1m ; Y1≈966.1m ; Y5≈1.16b
[DCF] Fair Price = 179.5 (EV 34.37b - Net Debt 3.05b = Equity 31.31b / Shares 174.4m; r=5.90% [WACC]; 5y FCF grow 7.23% → 2.90% )
EPS Correlation: 95.61 | EPS CAGR: 16.79% | SUE: 0.40 | # QB: 0
Revenue Correlation: 80.49 | Revenue CAGR: 3.34% | SUE: 3.80 | # QB: 5
EPS next Quarter (2026-06-30): EPS=0.74 | Chg7d=-0.015 | Chg30d=-0.015 | Revisions Net=-1 | Analysts=6
EPS current Year (2026-12-31): EPS=2.98 | Chg7d=-0.017 | Chg30d=-0.010 | Revisions Net=+0 | Growth EPS=+4.8% | Growth Revenue=-0.9%
EPS next Year (2027-12-31): EPS=3.37 | Chg7d=+0.266 | Chg30d=+0.263 | Revisions Net=+0 | Growth EPS=+13.2% | Growth Revenue=-0.7%
[Analyst] Revisions Ratio: -0.20 (2 Up / 3 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 1.6% (Discount Rate 8.7% - Earnings Yield 7.0%)
[Growth] Growth Spread = -2.3% (Analyst -0.7% - Implied 1.6%)

Additional Sources for DBX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle