In Friday’s Wall Street session, Dropbox Inc (NASDAQ:DBX) shares traded at $28.09, up 0.14% from the previous session.
DBX stock price is now -0.76% away from the 50-day moving average and 0.90% away from the 200-day moving average. The market capitalization of the company currently stands at $7.91B.
With the price target reduced from $33 to $30, JP Morgan Downgraded its rating from Overweight to Neutral for Dropbox Inc (NASDAQ: DBX). , while ‘Goldman’ rates the stock as ‘Sell’
In other news, TIMOTHY REGAN, Officer bought 2,500 shares of the company’s stock on Jun 13 ’25. The stock was bought for $70,125 at an average price of $28.05. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 13 ’25, Officer ASHRAF ALKARMI bought 10,098 shares of the business’s stock. A total of $283,249 was incurred on buying the stock at an average price of $28.05. A total of 31.43% of the company’s stock is owned by insiders.
During the past 12 months, Dropbox Inc has had a low of $20.68 and a high of $33.33. According to the stock market information, the enterprise value for the company is $9736828928, which is based on a 18.46 price-to-earnings ratio, a 3.42 price-to-earnings-growth ratio, and a beta of 0.66. The fifty day moving average price for DBX is $28.3044 and a two-hundred day moving average price translates $27.839775 for the stock.
The latest earnings results from Dropbox Inc (NASDAQ: DBX) was released for 2025-03-31. The company reported revenue of $624.7 million for the quarter, compared to $631.3 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.05 percent. For the current quarter, analysts expect DBX to generate $618.6M in revenue.
