Quote Overview

Stock Activity

Open	22.86
Day Low	22.64
Day High	22.97
52 Wk Low	19.55
52 Wk High	33.43
Avg. Volume	2,962,338
Market Cap	7.84 B
Dividend	NA
Beta	0.71

Key Earnings Data

Earnings ESP	0.00%
Most Accurate Est	0.49
Current Qtr Est	0.49
Current Yr Est	2.01
Exp Earnings Date	5/2/24
Prior Year EPS	1.98
Exp EPS Growth (3-5yr) 7.79%
Forward PE	11.34
PEG Ratio	1.46

Computer and Technology » Internet - Services

Research Reports for DBX

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Style Scores C Value B Growth F Momentum C VGM
Zacks Rank	Hold 3
Zacks Industry Rank	Top 21%(53 out of 252)
Zacks Sector Rank	Top 31% (5 out of 16)
Earnings ESP	0.00%
Research Reports for DBX Analyst \| Snapshot

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Premium Research: Industry Analysis

Top Peers	Symbol	Zacks Rank
Dropbox	DBX
Crexendo	CXDO
Uber Technologies	UBER
Bilibili	BILI
Bridgeline Digital	BLIN
DeNA Co	DNACF
DoorDash	DASH

See all Internet - Services Peers

Zacks News for DBX

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Company Summary

Dropbox offers a cloud-based platform that businesses and individuals can create, access and share digital content globally. It serves more than 700 million registered users across approximately 180 countries.

As of Dec 31, 2023, Dropbox had 18.12 million paying users. The company generates revenues from individuals, families (up to six users), teams (minimum of three users) and organizations by selling subscriptions.

Subscribers can purchase individual licenses through Dropbox’s Plus and Professional plans or purchase multiple licenses through the Family plan or Standard, Advanced and Enterprise team plans. Premium subscription plans, such as Professional and Advanced, provide more functionality than other subscription plans and have higher per-user prices.

Dropbox’s cloud-based service — FormSwift — helps individuals and businesses create, complete, edit and save critical business forms and agreements. Its DocSend is a secure document-sharing and analytics solution. Moreover, the company offers an e-signature solution, Dropbox Sign.

Dropbox generates more than 90% of its revenues from self-serve channels, users who purchase a subscription through its app or website. It has a highly diversified customer base, with no customers accounting for more than 1% of the company’s revenue.

Dropbox’s popularity among users is driven by its focus on providing a secure and easy-to-use platform. More than 90% of users’ data is stored on its own custom-built infrastructure, which provides annual data durability of at least 99.999999999%. It has datacenter co-location facilities in California, Oregon, Texas and Virginia.

Dropbox also utilizes Amazon Web Services (AWS) for users’ storage needs and to help deliver its services. AWS datacenters are located in the United States, Australia, Europe and Japan, which allows Dropbox to localize where content is stored.

Dropbox reported revenues of $2.502 billion in 2023. At the end of the fourth-quarter, total annual recurring revenues were $2.523 billion.