Dropbox (NASDAQ:DBX) Releases Quarterly Earnings Results, Misses Estimates By $0.11 EPS

Dropbox (NASDAQ:DBX) posted its quarterly earnings results on Thursday. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.11), Zacks reports. Dropbox had a net margin of 22.71% and a negative return on equity of 135.85%. The business had revenue of $643.60 million during the quarter, compared to analyst estimates of $638.61 million. Dropbox updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Dropbox Trading Down 16.2 %

Shares of Dropbox stock opened at $26.71 on Friday. The stock has a 50-day moving average price of $30.99 and a 200 day moving average price of $27.55. The company has a market cap of $8.27 billion, a P/E ratio of 15.44, a P/E/G ratio of 1.74 and a beta of 0.61. Dropbox has a 1 year low of $20.68 and a 1 year high of $33.33.

Insider Buying and Selling

In other Dropbox news, CEO Andrew Houston sold 132,000 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $28.12, for a total value of $3,711,840.00. Following the transaction, the chief executive officer now directly owns 8,266,666 shares of the company’s stock, valued at $232,458,647.92. This represents a 1.57 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Timothy Regan sold 2,500 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $30.38, for a total value of $75,950.00. Following the transaction, the chief financial officer now directly owns 413,764 shares in the company, valued at approximately $12,570,150.32. This represents a 0.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 900,238 shares of company stock valued at $26,680,195. Corporate insiders own 28.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group increased their price objective on shares of Dropbox from $27.00 to $30.00 and gave the company a “hold” rating in a report on Monday, January 6th.

Dropbox Company Profile

Dropbox, Inc provides a content collaboration platform worldwide. The company's platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries.