Dropbox (DBX)

• Market cap: $9.38B
• 1 day: 1.70%
• 5 days: 4.64%
• 1 month: 2.30%
• 3 months: 16.65%
• 6 months: 34.27%
• Year to date: 5.24%
• 1 year: -4.92%
• 5 years: 76.36%
• 10 years: 9.23%
• Sector: Information Technology
• Industry: Prepackaged Software

About: Dropbox is a leading provider of cloud-storage and content collaboration tools with an emphasis on individuals and SMB. The company was founded in 2007 and was a pioneer in cloud storage and cross-platform file syncing. Utilizing inorganic and organic means, the firm has been working on diversifying its product mix and pivoting away from the cloud-storage space.

Employees: 2,693

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

168% more call options, than puts

Call options by funds: $287M | Put options by funds: $107M

9% more capital invested

Capital invested by funds: $5.14B [Q2] → $5.6B (+$460M) [Q3]

9% less first-time investments, than exits

New positions opened: 64 | Existing positions closed: 70

1.82% less ownership

Funds ownership: 91.38% [Q2] → 89.56% (-1.82%) [Q3]

3% less funds holding

Funds holding: 423 [Q2] → 411 (-12) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 151

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $30 4% downside
• Avg. target: $30 4% downside
• High target: $30 4% downside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Jefferies Brent Thill 65% 1-year accuracy 36 / 55 met price target

4% downside $30

Hold Maintained

6 Jan 2025