Dropbox Inc (NASDAQ: DBX) is -1.70% lower on its value in year-to-date trading and has touched a low of $20.68 and a high of $33.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DBX stock was last observed hovering at around $29.12 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $29.53, the stock is 1.67% and 5.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 1.41% at the moment leaves the stock 6.86% off its SMA200. DBX registered 32.18% gain for a year compared to 6-month gain of 5.46%. The firm has a 50-day simple moving average (SMA 50) of $27.9429 and a 200-day simple moving average (SMA200) of $27.598274.
The stock witnessed a 3.22% loss in the last 1 month and extending the period to 3 months gives it a 12.20%, and is 3.94% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.57% over the week and 0.96% over the month.
Dropbox Inc (DBX) has around 2204 employees, a market worth around $8.31B and $2.54B in sales. Current P/E ratio is 19.40 and Fwd P/E is 10.33. Profit margin for the company is 18.50%. Distance from 52-week low is 42.79% and -11.40% from its 52-week high. The company has generated returns on investments over the last 12 months (44.41%).
The EPS is expected to grow by 5.77% this year.
Dropbox Inc (DBX) Top Institutional Holders
657.0 institutions hold shares in Dropbox Inc (DBX), with institutional investors hold 121.06% of the company’s shares. The shares outstanding are 202.60M, and float is at 193.01M with Short Float at 10.17%. Institutions hold 113.66% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 27.94 million shares valued at $627.8 million. The investor’s holdings represent 8.666% of the DBX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.8 million shares valued at $$624.72 million to account for 8.6235 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 18.85 million shares representing 5.846% and valued at over $423.51 million, while RENAISSANCE TECHNOLOGIES LLC holds 3.1992 of the shares totaling 10.31 million with a market value of $231.76 million.
Dropbox Inc (DBX) Insider Activity
The most recent transaction is an insider sale by Regan Timothy,the company’sChief Financial Officer. SEC filings show that Regan Timothy sold 2,500 shares of the company’s common stock on May 30 ’25 at a price of $28.78 per share for a total of $71950.0. Following the sale, the insider now owns 0.53 million shares.
Still, SEC filings show that on May 27 ’25, Peacock Karen (Director) disposed off 7,000 shares at an average price of $28.53 for $0.2 million. The insider now directly holds 25,295 shares of Dropbox Inc (DBX).