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DBX

Dropbox, Inc.
$28.51 -0.05 (-0.18%) At close · Jul 6
Market Cap
$9.82B
Shares
233,300,649

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$28.51 Open$28.36 Day$27.78–28.55 52W$21.70–32.40 Avg vol 30d3.8M Short int28.9M · 12.4% float · 7.9d Short vol57% Last earningsMay 7, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 8
Equibles Rating blended score · not investment advice
Overall
Buy
Technical · trend & momentum Buy
50 / 200-day cross no cross
+ Price vs 200-day avg +6% above
+ Price vs 50-day avg +8% above
RSI (14) 61 · neutral
+ MACD trend positive
52-week position 64% · mid-range
Sentiment · smart money Bearish
Trend (MA cross) 50d $27 › 200d $27 — 200d above 50d
+ Institutional flow 7 of 424 funds reported for Jun 30 · net +1.4K sh shares · +1 new
Insider flow Net -$3.4M over 90 days · 100% sells
Short interest 12.37% of float · ▲ +9.2% MoM · 7.9 days cover
Volume signal Volume near normal
Institution breadth 424 holders — near 3-yr low, contrarian setup
Fundamentals Excellent
Revenue growth −1% Y/Y
+ Gross margin 80%, contracting
+ EPS growth +33% Y/Y
+ Free cash flow $930.8M
+ Valuation P/E 23 · below peers
+ Buyback $1.2B authorized
+ Balance sheet net cash $891.3M

Blended from price, positioning & fundamentals · daily-close · not investment advice.

Up next
Next earnings call
Aug 6, 2026 Est · unconfirmed · in 4 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 8, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Technicals

      trend & momentum for long-term holders Buy
      0 · 3 · 3
      50 / 200-day cross
      no cross Neutral
      Price vs 200-day avg
      +6% above Bullish
      Price vs 50-day avg
      +8% above Bullish
      RSI (14)
      61 · neutral Neutral
      MACD trend
      positive Bullish
      52-week position
      64% · mid-range Neutral
      Market signals — smart money & positioning
      Bearish · 2 of 6
      Trend (MA cross) No cross
      50d $27 › 200d $27 — 200d above 50d
      Institutional flow Accumulating
      7 of 424 funds reported for Jun 30 · net +1.4K sh shares · +1 new
      Insider flow Distributing
      Net -$3.4M over 90 days · 100% sells
      Short interest Rising
      12.37% of float · ▲ +9.2% MoM · 7.9 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr low
      424 holders — near 3-yr low, contrarian setup
      Price context
      position in its 52-week range
      52-wk low $22 Now $29 · 64% 52-wk high $32
      vs 200-day avg +6% vs 50-day avg +8%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      Non-GAAP diluted net income per share attributable to common stockholders non-GAAP $0.76 Q1 2026
      conversion improvement among targeted basic users nearing storage limits 50% Q1 2026 call
      Dash AI features monthly engagement repeat rate 50% Q1 2026 call
      Dash AI features weekly engagement repeat rate 30% Q1 2026 call
      gross margin non-GAAP 81.1% Q1 2026 call
      operating margin non-GAAP 40.1% Q1 2026 call
      sequential increase in paying users 14,000 Q1 2026 call
      unlevered free cashflow margin non-GAAP 38% Q1 2026 call
      year-over-year revenue growth excluding FormSwift 2% Q1 2026 call
      Total ARR excluding FormSwift $2.5B Q4 FY2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Software - Infrastructure — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      DBX
      Dropbox, Inc.
      this stock
      $9.82B +2.6% +7.6% 23.0 12.4%
      MSFT
      Microsoft Corp
      $2.89T -19.4% +6.9% 23.2 1.3%
      ORCL
      Oracle Corp
      $407.87B -27.2% +17.3% 24.3 1.3%
      PLTR
      Palantir Technologies Inc.
      $322.13B -24.4% +16.7% 151.0 3.2%
      PANW
      Palo Alto Networks Inc
      $274.69B +83.0% +29.0% 276.3 2.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      424
      % held
      76.8%
      Reported
      7 of 424
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      480
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      28.9M
      Days to cover
      7.9d
      Change
      +2.4M sh
      View
      Short Volume
      Short vol %
      57%
      As of
      Jul 7, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      407
      Value
      $11.1K
      As of
      Jun 9, 2026
      View
      Off-Exchange
      Off-exchange %
      35.6%
      Week of
      Jun 15, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$3.4M
      Buyers / Sellers
      0 / 8
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Lisa McClain
      Amount
      $1.0K–$15.0K
      Traded
      Aug 4, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $2.5B
      Net income (FY)
      $508.4M
      EPS diluted
      $1.86
      View
      Buybacks
      Authorized
      $1.2B
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jun 1, 2026
      This year
      8
      View
      Proposed Sales
      Value
      $57.0K
      Shares
      2.0K
      Filed
      Jul 7, 2026
      View
      Earnings & Events
      Earnings Calls
      Last call
      May 7, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      DBX +7.0% +4.8% +4.5% +3.8% +2.6%
      SPY +3.1% -0.8% +8.2% +0.6% +10.2%
      vs SPY +4.0% +5.6% -3.7% +3.2% -7.6%

      Capital returns

      Buyback program · as of Jul 31, 2023
      Authorized
      $1.20B
      Spent (derived)
      Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1467623 CUSIP 26210C104 13F (30d) 29 filings 10 filers Visit website Investor relations