Dropbox (DBX)

• Market cap: $7.82B
• 1 day: -1.04%
• 5 days: -0.71%
• 1 month: 2.62%
• 3 months: -11.87%
• 6 months: 4.84%
• Year to date: -9.81%
• 1 year: 9.71%
• 5 years: 46.89%
• 10 years: -6.39%
• 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: 2,204

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

215% more call options, than puts

Call options by funds: $324M | Put options by funds: $103M

80% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 44

23% more capital invested

Capital invested by funds: $5.6B [Q3] → $6.88B (+$1.28B) [Q4]

13.29% more ownership

Funds ownership: 89.63% [Q3] → 102.91% (+13.29%) [Q4]

7% more funds holding

Funds holding: 415 [Q3] → 442 (+27) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 159

100% less funds holding in top 10

Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]

Research analyst outlook

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

• Low target: $30 13% upside
• Avg. target: $30 13% upside
• High target: $30 13% upside

1 analyst rating

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

Jefferies Brent Thill 45% 1-year accuracy 24 / 53 met price target

13% upside $30

Hold Maintained

6 Jan 2025