Dropbox (NASDAQ:DBX – Get Free Report) is projected to announce its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Dropbox to post earnings of $0.7280 per share and revenue of $629.71 million for the quarter. Investors can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.
Dropbox (NASDAQ:DBX – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.01. Dropbox had a negative return on equity of 24.26% and a net margin of 17.49%. The business had revenue of $631.50 million during the quarter, compared to analyst estimates of $626.69 million. During the same period in the previous year, the company posted $0.71 EPS. The firm’s revenue was up .9% compared to the same quarter last year. On average, analysts expect Dropbox to post $1.94 EPS for the current fiscal year and $2.13 EPS for the next fiscal year.
Dropbox Stock Performance
Shares of Dropbox stock opened at $36.51 on Thursday. The stock has a market capitalization of $8.24 billion, a PE ratio of 20.28, a price-to-earnings-growth ratio of 5.57 and a beta of 0.63. Dropbox has a 52 week low of $21.69 and a 52 week high of $38.22. The stock has a 50 day moving average price of $35.15 and a two-hundred day moving average price of $28.93.
Insider Buying and Selling at Dropbox
In other news, CEO Ashraf Alkarmi sold 28,800 shares of the business’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $35.54, for a total transaction of $1,023,552.00. Following the completion of the transaction, the chief executive officer directly owned 1,004,081 shares in the company, valued at $35,685,038.74. The trade was a 2.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider William T. Yoon sold 12,382 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $34.78, for a total transaction of $430,645.96. Following the transaction, the insider owned 366,693 shares of the company’s stock, valued at $12,753,582.54. This trade represents a 3.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 949,100 shares of company stock worth $32,861,493 in the last ninety days. Insiders own 35.48% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on DBX. Wall Street Zen lowered shares of Dropbox from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded Dropbox from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, August 13th. Citigroup lowered shares of Dropbox from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $33.00 to $29.00 in a research note on Thursday, September 24th. Zacks Research upgraded Dropbox from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 6th. Finally, Bank of America reaffirmed an “underperform” rating on shares of Dropbox in a report on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $29.75.
Read Our Latest Research Report on Dropbox
About Dropbox
Dropbox, Inc (NASDAQ: DBX) is a software company that provides cloud-based tools for storing, organizing, sharing and collaborating on files. Its platform enables individuals, businesses and teams to access documents, photos and other content across connected devices, synchronize files and manage shared workflows.
The company’s offerings include Dropbox for cloud storage and file collaboration, Dropbox Paper for shared documents and project work, Dropbox Sign for electronic signatures, and DocSend for securely sharing and tracking business documents.
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