DBX

Strong BuyFull HouseAI neutral

Dropbox, Inc. · Technology · United States · $8.2B cap · $153.0M/day traded

$37.83 +0.9% · close 23 Oct · scored 24 Oct

Full House: Strong business, sensible price, market agrees. The rare full house.

93
StockRank
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Report expected 5 Nov: the next-year EPS estimate has fallen 3.0% over the last 14 weeks.

Quality
79
Value
57
Momentum
62

As of 24 Oct 2026, MoatMap's StockRank for Dropbox, Inc. (DBX) is 93/100, ranked against 24,000+ stocks in 35 markets (Quality 79, Value 57, Momentum 62, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
20.9x
peers 32.7x
ROE
—
peers 4.7%
D/E
—
peers 0.3x
Dividend %
—
trailing yield
AI screening note

Dropbox continues to deliver consistent free cash flow and returns capital through active share repurchases. Nevertheless, notable executive share sales and slowing paid user expansion amidst intense platform competition temper confidence in sustained compounding.

ABOUT DROPBOX, INC.

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Dropbox, Inc. provides a leading cloud-based content collaboration platform that enables individuals and teams to store, share, and collaborate on files from anywhere. The company benefits from a massive global user base and strong brand recognition, built on its intuitive interface and seamless synchronization capabilities. As a pioneer in cloud storage, Dropbox maintains its competitive position by evolving into a comprehensive workspace solution, integrating various productivity tools.

FINANCIAL SUMMARY (USD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue—2.3B2.5B2.5B2.5B2.7%2.5B2.5B2.5B-0.2%
EPS0.873.382.831.421.8921.4%1.812.042.207.9%
Shares—158.0M158.0M295.9M242.9M+53.7%————
Debt—2.3B2.0B3.0B3.6B16.1%4.0B———
Equity—-309.4M-165.8M-752.4M-1.8B—————
Op CF—797.3M783.7M894.1M951.8M6.1%980.5M———
Inv CF—-48.5M395.2M443.8M111.9M—————
Fin CF—-1.0B-799.2M-586.6M-1.5B—————
Loading 1Y...
PRICE (1Y) · USD+1.4%
31.933.434.936.437.814 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 1% below its 52-week high.

SwingsAverage

Calmer than 56% of stocks we rank over the past year (38% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$37.83
RSI (14)
71.7
52-Week Range-0.9% from high
Low $21.69High $38.17

SCORE BREAKDOWN

Quality
79
ROIC
71.4%98.9
ROE
neg eq95.0
GP/Assets
71.0%95.8
Op. Margin
26.1%88.7
FCF/Assets
33.6%98.3
Piotroski
659.3
Int. Cover
8.9x44.4
D/E Ratio
neg eq44.4
Current Ratio
1.07x13.0
Value
57
P/E (TTM)
20.9x65.2
EV/EBITDA
13.4x62.3
P/FCF
8.6x88.6
P/B
-3.8x25.0
P/S
3.2x47.7
Div Yield
—N/A
Momentum
62
52W High %
99%98.9
RS 6M
50%90.2
SMA 50/200
1.22x87.1
EPS Rev 4W
-0.6%8.1
EPS Rev 12W
-3.0%13.3
EPS Improve
+83%52.8
Q Growth
-24%16.7

FUNDAMENTALS

Market Cap
$8.2B
P/E (Forward)
11.5x
Gross Margin
79.7%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of DBX are excluded.

TickerCompanyMkt CapStockRankSignal
DBXDropbox, Inc.(you)$8.2B93Strong Buy
QLYSQualys, Inc.$7.5B94Strong Buy
WEXWEX Inc.$6.7B93Strong Buy
PATHUiPath, Inc.$7.4B89Strong Buy
DOXAmdocs Limited$6.6B89Strong Buy
RELYRemitly Global, Inc.$5.3B91Strong Buy
ACIWACI Worldwide, Inc.$5.6B89Strong Buy
GENGen Digital Inc.$14.9B94Strong Buy
GDDYGoDaddy Inc.$14.3B89Strong Buy
BOXBox, Inc.$5.9B82Strong Buy

Peer medians: ROE 4.7% · P/E 32.7x · Gross margin 52.1%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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Dropbox, Inc. (DBX): Stock Score Summary

Dropbox, Inc. (DBX) has a MoatMap StockRank of 93/100 based on Quality (79/100), Value (57/100), and Momentum (62/100) factor scores. The current signal is STRONG BUY. Dropbox continues to deliver consistent free cash flow and returns capital through active share repurchases. Nevertheless, notable executive share sales and slowing paid user expansion amidst intense platform competition temper confidence in sustained compounding.

Dropbox, Inc. provides a leading cloud-based content collaboration platform that enables individuals and teams to store, share, and collaborate on files from anywhere. The company benefits from a massive global user base and strong brand recognition, built on its intuitive interface and seamless synchronization capabilities. As a pioneer in cloud storage, Dropbox maintains its competitive position by evolving into a comprehensive workspace solution, integrating various productivity tools.

Key Financial Metrics

Price$37.83
Market Cap$8.2B
P/E (TTM)20.90
P/E (Forward)11.45
Price/Book-3.80
Return on Invested Capital71.4%
Gross Margin79.7%
Operating Margin26.1%
Revenue Growth0.9%
Free Cash Flow$957M

Dropbox, Inc. operates in the Software - Infrastructure industry, part of the Technology sector (United States).

Frequently Asked Questions

What is Dropbox, Inc.’s (DBX) StockRank?
MoatMap’s StockRank for Dropbox, Inc. (DBX) is 93/100, with a Strong Buy signal. It is a composite of Quality (79), Value (57), and Momentum (62), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Dropbox, Inc. have an economic moat?
Dropbox, Inc. (DBX) has a Quality factor score of 79/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Dropbox, Inc. a buy, hold, or sell?
MoatMap’s current signal for Dropbox, Inc. (DBX) is Strong Buy, based on a StockRank of 93/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Dropbox, Inc. in?
Dropbox, Inc. (DBX) operates in the Technology sector, specifically the Software - Infrastructure industry (United States).