Dropbox (DBX) closed the most recent trading day at $24.31, moving +1.33% from the previous trading session.
Dropbox (DBX) reached $22.71 at the closing of the latest trading day, reflecting a +2.96% change compared to its last close.
In the most recent trading session, Dropbox (DBX) closed at $23.75, indicating a +1.5% shift from the previous trading day.
Dropbox is downgraded to 'sell' due to flat revenues, underwhelming AI progress, and intensifying competitive risks. Q4 results showed minimal revenue growth, declining ARR, and gross margin pressure from hardware refresh and Dash scaling costs. 2026 guidance implies flat revenues and limited free cash flow upside, with AI-driven monetization and Dash adoption remaining uncertain.
Dropbox tops Q4 earnings estimates despite y/y revenue and ARR declines, shares inch up as cost cuts lift margins, and the 2026 guidance sets a cautious tone.
Dropbox faces structural headwinds, with Q4 results revealing user contraction and declining ARPU, reinforcing my 'Sell' rating. DBX guides for FY26 revenue of $2.485–$2.5 billion, implying -1.6% to -0.8% y/y growth and margin de-leverage to 39.0–39.5%. Despite a low 8.5x EV/FY26 FCF multiple, DBX's profit sustainability is questionable amid ongoing user and revenue declines.
Dropbox, Inc. (DBX) Q4 2025 Earnings Call Transcript
Dropbox (DBX) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.73 per share a year ago.
Dropbox (DBX) closed the most recent trading day at $24.41, moving 2.28% from the previous trading session.
In the closing of the recent trading day, Dropbox (DBX) stood at $25.11, denoting a -2.14% move from the preceding trading day.
Dropbox (DBX) closed at $26.58 in the latest trading session, marking a +1.06% move from the prior day.
In the latest trading session, Dropbox (DBX) closed at $27.3, marking a +1.15% move from the previous day.