DBX

DROPBOX, INC.

Nasdaq · Services-Prepackaged Software · Inc. DE · CIK 0001467623
$27.23 -1.20% $6.4B
Insider Selling Cluster (5 insiders)
Vol
Market Cap$6.4B
Cap SizeMid Cap
Analyst ConsensusSell (6%)
Inst. Holders9 funds
Inst. Value$1.4B
Inst. Activity2 buys / 1 sells
Insider Activity0B / 20S
Insider Net $-$10.1M
SEC Reports11
Exchange Nasdaq·Sector Services-Prepackaged Software·Inc. DE·CIK 0001467623·Prev Close $27.56

Recent Activity

May 20, 2026 SEC
Six Dropbox insiders, including CEO Andrew Houston, sold $1.31M in open-market shares within a week of the company's Q1
CLUSTER — Impact 4/10
May 20, 2026 SEC
Six insiders at Dropbox (including CEO Andrew Houston) sold a total of ~$1.45M in shares within a 5-day window, mostly a
CLUSTER — Impact 5/10
May 19, 2026 SEC
A cluster of insider selling at Dropbox, including CEO Andrew Houston's $974K open-market sale, follows the Q1 2026 earn
CLUSTER — Impact 4/10
May 19, 2026 Insider
Schubach Sarah Elizabeth sold 1,306 shares
Chief Accounting Officer @ $28.14 ($36.8K)
May 18, 2026 Insider
Dasdan Ali sold 2,700 shares
Chief Technology Officer @ $27.28 ($73.7K)
May 18, 2026 Insider
Yoon William T sold 3,201 shares
Chief Legal Officer @ $27.28 ($87.3K)
Inst.
NORGES BANK — NEW
2,514,706 shares ($69.9M)
Inst.
TWO SIGMA INVESTMENTS, LP — DOUBLED
1,326,993 shares ($36.9M)

Price Targets

$26.17 -3.9% upside Hold
Current $27.23 Low $21.00 Median $26.50 High $32.00 6 analysts
$21.00 $32.00

Analyst Ratings

Strong Sell6% buy · 16 analysts
0Strong Buy
1Buy
7Hold
7Sell
1Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 11, 2026 Citigroup MAINTAIN Neutral → Neutral
May 8, 2026 RBC Capital MAINTAIN Outperform → Outperform
Mar 23, 2026 William Blair DOWNGRADE Market Perform → Underperform
Feb 20, 2026 JP Morgan MAINTAIN Neutral → Neutral
Feb 20, 2026 UBS MAINTAIN Sell → Sell

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.74 $0.70 — $0.78 4% YoY 7
Next Q $0.78 ▲ +0.8% $0.74 — $0.83 6% YoY 6
Current FY $3.07 ▲ +3.1% $2.89 — $3.25 8% YoY 8
Next FY $3.41 ▲ +1.1% $3.01 — $3.82 11% YoY 8

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$627.2M
RENAISSANCE TECHNOLOGIES LLC$232.9M
MORGAN STANLEY$183.8MADD
FMR LLC$118.1MADD
NORGES BANK$69.9MNEW

Recent Insider Trades

DateInsiderTypeValue
May 19, 2026Schubach SarahSELL$36.8K
May 18, 2026Dasdan AliSELL$73.7K
May 18, 2026Yoon WilliamSELL$87.3K
May 18, 2026Moore AndrewSELL$101.1K
May 18, 2026Houston AndrewC$0.00
9 institutional holders with $1.4B total value (48,585,262 shares) as of 2025-Q4. Top holders: VANGUARD, RENAISSANCE, MORGAN. Net buying activity: 2 institutions added/increased vs 1 reduced.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC22,562,154$627.2M46.4%
2RENAISSANCE TECHNOLOGIES LLC8,376,364$232.9M17.2%
3MORGAN STANLEY6,612,123$183.8M13.6%ADD +31.3%
4FMR LLC4,248,168$118.1M8.7%ADD +36.2%
5NORGES BANK2,514,706$69.9M5.2%NEW
6CHARLES SCHWAB INVESTMENT MANAGEMENT INC2,249,909$62.5M4.6%NEW
7TWO SIGMA INVESTMENTS, LP1,326,993$36.9M2.7%DOUBLED +357.6%
8BANK OF AMERICA CORP /DE/660,880$18.4M1.4%TRIM -32.0%
9WELLS FARGO & COMPANY/MN33,965$944.2K0.1%TRIM -63.9%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW2,514,706$69.9M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED289,9781,326,993+357.6%$36.9M2025-Q4
BANK OF AMERICA CORP /DE/TRIM972,400660,880-32.0%$18.4M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED141,816289,978+104.5%$8.8M2025-Q3
WELLS FARGO & COMPANY/MNTRIM86,35831,185-63.9%$942.1K2025-Q3
NORGES BANKEXIT1,793,9500-100.0%$0.002025-Q3
MORGAN STANLEYADD5,706,2927,492,581+31.3%$214.3M2025-Q2
FMR LLCADD4,185,6555,699,795+36.2%$163.0M2025-Q2
NORGES BANKNEW1,793,950$51.3M2025-Q2
TWO SIGMA INVESTMENTS, LPNEAR_EXIT612,203141,816-76.8%$4.1M2025-Q2
WELLS FARGO & COMPANY/MNTRIM237,28286,358-63.6%$2.5M2025-Q2
CITADEL ADVISORS LLCTRIM1,086,969657,262-39.5%$17.6M2025-Q1
TWO SIGMA INVESTMENTS, LPTRIM1,310,456612,203-53.3%$16.4M2025-Q1
WELLS FARGO & COMPANY/MNDOUBLED32,967237,282+619.8%$6.3M2025-Q1
NORGES BANKEXIT681,8140-100.0%$0.002025-Q1
NORGES BANKADD531,905681,814+28.2%$20.5M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW2,796,238$71.1M2024-Q3
9 unique insiders with 20 transactions. Net insider value: -$10.1M ($0.00 bought, $10.1M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 19, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,306$28.14$36.8K
May 18, 2026Dasdan AliChief Technology OfficerSELL2,700$27.28$73.7K
May 18, 2026Yoon William TChief Legal OfficerSELL3,201$27.28$87.3K
May 18, 2026Moore Andrew WilliamDirectorSELL3,706$27.27$101.1K
May 18, 2026Houston AndrewChief Executive OfficerC30,332$0.00$0.00
May 18, 2026Houston AndrewChief Executive OfficerSELL30,332$27.50$834.1K
May 18, 2026Houston AndrewChief Executive OfficerC30,332$0.00$0.00
May 15, 2026Schubach Sarah ElizabethChief Accounting OfficerF3,680$26.20$96.4K
May 15, 2026Alkarmi AshrafGeneral Manager, CoreF21,446$26.20$561.9K
May 15, 2026Dasdan AliChief Technology OfficerF19,254$26.20$504.5K
May 15, 2026Yoon William TChief Legal OfficerF16,124$26.20$422.4K
May 15, 2026Webster Eric TChief Business OfficerF12,871$26.20$337.2K
May 15, 2026Peacock KarenDirectorSELL4,000$26.50$106.0K
May 15, 2026Campbell Lisa MDirectorSELL4,222$26.51$111.9K
May 14, 2026Houston AndrewChief Executive OfficerC37,498$0.00$0.00
May 14, 2026Houston AndrewChief Executive OfficerSELL37,498$25.96$973.5K
May 14, 2026Houston AndrewChief Executive OfficerC37,498$0.00$0.00
Apr 30, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,769$23.95$42.4K
Apr 15, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,415$22.99$32.5K
Apr 1, 2026Schubach Sarah ElizabethChief Accounting OfficerA57,217$0.00$0.00
Apr 1, 2026Houston AndrewChief Executive OfficerC111,166$0.00$0.00
Apr 1, 2026Houston AndrewChief Executive OfficerSELL111,166$22.89$2.5M
Apr 1, 2026Houston AndrewChief Executive OfficerC111,166$0.00$0.00
Apr 1, 2026Dasdan AliChief Technology OfficerA40,152$0.00$0.00
Apr 1, 2026Alkarmi AshrafGeneral Manager, CoreA231,680$0.00$0.00
Apr 1, 2026Yoon William TChief Legal OfficerA200,762$0.00$0.00
Mar 31, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,416$22.60$32.0K
Mar 16, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,415$25.76$36.5K
Mar 11, 2026Peacock KarenDirectorSELL2,000$26.50$53.0K
Mar 11, 2026Yoon William TChief Legal OfficerSELL8,775$25.90$227.3K
Mar 3, 2026Alkarmi AshrafGeneral Manager, CoreSELL12,472$26.00$324.3K
Mar 2, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,415$24.76$35.0K
Mar 2, 2026Houston AndrewChief Executive OfficerC109,498$0.00$0.00
Mar 2, 2026Houston AndrewChief Executive OfficerC109,498$0.00$0.00
Feb 26, 2026Dasdan AliChief Technology OfficerSELL7,306$24.89$181.9K
Feb 2, 2026Houston AndrewChief Executive OfficerC164,502$0.00$0.00
Feb 2, 2026Houston AndrewChief Executive OfficerSELL164,502$25.66$4.2M
Feb 2, 2026Houston AndrewChief Executive OfficerC164,502$0.00$0.00
Jan 30, 2026Schubach Sarah ElizabethChief Accounting OfficerSELL1,462$25.79$37.7K
11 SEC filing reports analyzed. Sentiment: 0 bullish, 3 bearish, 0 mixed, 8 neutral. Avg impact: 3.3/10.

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (6% buy). Based on 16 analysts: 0 strong buy, 1 buy, 7 hold, 7 sell, 1 strong sell.

Analyst Price Targets

$26.17 mean target -3.9% upside Hold (3.50)
$21.00 Low $32.00 High
MetricValue
Current Price$27.23
Target Low$21.00
Target Mean$26.17
Target Median$26.50
Target High$32.00
# Analysts6
RecommendationHold (3.50)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.74 $0.70 $0.78 4.0% +0.5% 2↑ 3↓ $0.6B 0.1% 7
Next Q
2026-09-30
$0.78 $0.74 $0.83 5.9% +0.8% 4↑ 1↓ $0.6B -1.3% 6
Current FY
2026-12-31
$3.07 $2.89 $3.25 8.0% +3.1% 6↑ 1↓ $2.5B -0.5% 8
Next FY
2027-12-31
$3.41 $3.01 $3.82 11.1% +1.1% 6↑ 0↓ $2.5B -0.5% 8

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.739
7d ago$0.735+0.003
30d ago$0.735+0.003
60d ago$0.735+0.003
90d ago$0.750-0.011
5 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 11, 2026 Citigroup MAINTAIN Neutral Neutral
May 8, 2026 RBC Capital MAINTAIN Outperform Outperform
Mar 23, 2026 William Blair DOWNGRADE Market Perform Underperform
Feb 20, 2026 JP Morgan MAINTAIN Neutral Neutral
Feb 20, 2026 UBS MAINTAIN Sell Sell
Feb 20, 2026 RBC Capital MAINTAIN Outperform Outperform
Jan 5, 2026 RBC Capital MAINTAIN Outperform Outperform

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
May 1, 2026017716%
Apr 1, 2026017716%
Mar 1, 2026017716%
Feb 1, 2026018716%
Jan 1, 2026018816%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 18, 2026
short_volume
Short Volume: DBX — 58.4% short (1.7M / 2.8M)
Short: 1,655,161 | Exempt: 51 | TRF Vol: 2,832,556 | Short Ratio: 58.4% | Off-exchange volume (dark pool + OTC)
May 15, 2026
short_volume
Short Volume: DBX — 62.7% short (0.7M / 1.1M)
Short: 663,391 | Exempt: 1,235 | TRF Vol: 1,057,326 | Short Ratio: 62.7% | Off-exchange volume (dark pool + OTC)
May 14, 2026
short_volume
Short Volume: DBX — 63.2% short (0.7M / 1.2M)
Short: 740,342 | Exempt: 100 | TRF Vol: 1,170,769 | Short Ratio: 63.2% | Off-exchange volume (dark pool + OTC)
May 13, 2026
short_volume
Short Volume: DBX — 65.1% short (1.0M / 1.5M)
Short: 959,126 | Exempt: 3,941 | TRF Vol: 1,473,948 | Short Ratio: 65.1% | Off-exchange volume (dark pool + OTC)
May 12, 2026
short_volume
Short Volume: DBX — 57.1% short (0.6M / 1.1M)
Short: 600,829 | Exempt: 12,444 | TRF Vol: 1,052,676 | Short Ratio: 57.1% | Off-exchange volume (dark pool + OTC)
May 11, 2026
short_volume
Short Volume: DBX — 58.4% short (1.7M / 2.9M)
Short: 1,688,509 | Exempt: 9,248 | TRF Vol: 2,892,478 | Short Ratio: 58.4% | Off-exchange volume (dark pool + OTC)
May 8, 2026
short_volume
Short Volume: DBX — 76.4% short (2.8M / 3.7M)
Short: 2,827,735 | Exempt: 1,859 | TRF Vol: 3,703,030 | Short Ratio: 76.4% | Off-exchange volume (dark pool + OTC)
May 7, 2026
earnings_calendar
DBX Q1 2026 Earnings After Market Close — 2026-05-07
May 7, 2026
short_volume
Short Volume: DBX — 71.1% short (1.2M / 1.7M)
Short: 1,243,633 | Exempt: 0 | TRF Vol: 1,749,204 | Short Ratio: 71.1% | Off-exchange volume (dark pool + OTC)
May 6, 2026
short_volume
Short Volume: DBX — 63.1% short (0.7M / 1.1M)
Short: 678,004 | Exempt: 1,237 | TRF Vol: 1,074,604 | Short Ratio: 63.1% | Off-exchange volume (dark pool + OTC)
May 5, 2026
short_volume
Short Volume: DBX — 78.5% short (1.0M / 1.3M)
Short: 996,015 | Exempt: 0 | TRF Vol: 1,269,460 | Short Ratio: 78.5% | Off-exchange volume (dark pool + OTC)
May 4, 2026
short_volume
Short Volume: DBX — 63.0% short (0.7M / 1.2M)
Short: 734,638 | Exempt: 0 | TRF Vol: 1,165,275 | Short Ratio: 63.0% | Off-exchange volume (dark pool + OTC)
May 1, 2026
short_volume
Short Volume: DBX — 68.1% short (0.8M / 1.1M)
Short: 769,514 | Exempt: 10 | TRF Vol: 1,129,312 | Short Ratio: 68.1% | Off-exchange volume (dark pool + OTC)
Apr 30, 2026
short_volume
Short Volume: DBX — 70.8% short (0.6M / 0.9M)
Short: 645,504 | Exempt: 2,220 | TRF Vol: 912,029 | Short Ratio: 70.8% | Off-exchange volume (dark pool + OTC)
Apr 29, 2026
short_volume
Short Volume: DBX — 57.5% short (0.6M / 1.0M)
Short: 579,980 | Exempt: 0 | TRF Vol: 1,008,443 | Short Ratio: 57.5% | Off-exchange volume (dark pool + OTC)