Dropbox (DBX) Projected to Announce Earnings on Thursday

Dropbox (NASDAQ:DBXGet Free Report) is expected to announce its Q2 2026 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.74 per share and revenue of $626.6860 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

Dropbox (NASDAQ:DBXGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.71 by $0.05. The business had revenue of $629.50 million for the quarter, compared to analyst estimates of $620.56 million. Dropbox had a negative return on equity of 30.01% and a net margin of 18.71%.The business’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 EPS. On average, analysts expect Dropbox to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Dropbox Price Performance

Shares of NASDAQ DBX opened at $33.34 on Thursday. The stock has a market capitalization of $7.78 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 3.51 and a beta of 0.66. Dropbox has a 12 month low of $21.69 and a 12 month high of $33.54. The firm’s 50 day simple moving average is $28.10 and its 200-day simple moving average is $26.12.

Insiders Place Their Bets

In related news, CEO Andrew Houston sold 30,332 shares of Dropbox stock in a transaction on Monday, May 18th. The shares were sold at an average price of $27.50, for a total value of $834,130.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andrew William Moore sold 8,443 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $27.57, for a total transaction of $232,773.51. Following the completion of the sale, the director directly owned 4,737 shares of the company’s stock, valued at approximately $130,599.09. The trade was a 64.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 127,313 shares of company stock valued at $3,447,542. 35.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Dropbox

Institutional investors have recently bought and sold shares of the company. Evergreen Capital Management LLC purchased a new position in shares of Dropbox in the second quarter valued at approximately $236,000. Certuity LLC acquired a new stake in shares of Dropbox in the third quarter worth approximately $235,000. Qtron Investments LLC purchased a new stake in shares of Dropbox during the third quarter worth approximately $229,000. FORA Capital LLC purchased a new stake in shares of Dropbox during the third quarter worth approximately $228,000. Finally, Atlas Capital Advisors Inc. acquired a new position in Dropbox in the 4th quarter valued at $223,000. 94.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on DBX shares. Wall Street Zen raised shares of Dropbox from a “hold” rating to a “buy” rating in a report on Sunday, June 28th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Dropbox in a report on Monday, June 1st. Citigroup upped their price objective on shares of Dropbox from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Dropbox in a research note on Monday, May 4th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $27.00.

Read Our Latest Report on DBX

Dropbox Company Profile

(Get Free Report)

Dropbox, Inc (NASDAQ: DBX) is a leading provider of cloud-based file storage, collaboration, and productivity tools. Founded in 2007 and headquartered in San Francisco, California, the company offers a suite of services designed to help individuals and organizations securely store, share, and manage digital content. Dropbox has grown from a simple file-syncing application into an integrated collaboration platform used by millions of customers around the globe.

At its core, Dropbox provides cloud storage plans tailored for consumers and businesses.

Further Reading

Earnings History for Dropbox (NASDAQ:DBX)

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