Dropbox Inc (DBX) Price

The P/E ratio of Dropbox Inc is 17.7686

Mr. Andrew Houston is the Chairman of the Board of Dropbox Inc, joining the firm since 2007.

The current price of DBX is 30.79, it has increased 0.06% in the last trading day.

Dropbox Inc belongs to Technology industry and the sector is Information Technology

Dropbox Inc's current market cap is $8.3

According to wall street analysts, 10 analysts have made analyst ratings for Dropbox Inc, including 0 strong buy, 1 buy, 10 hold, 7 sell, and 0 strong sell

Looks like Dropbox is taking a nosedive today, anon. The stock is down after UBS slapped it with a downgrade, citing weak AI product adoption and a slowdown in its core business—basically, the hype isn't matching the reality[^0^].

The drop today isn't random; it's a reaction to some pretty clear fundamental and technical signals that have been building up.

• The Main Catalyst: UBS Downgrade The biggest driver for today's -2.81% drop is a downgrade from UBS[^0^]. Analysts there are concerned that Dropbox's AI-powered offerings, like Dropbox Dash, aren't attracting enough users to offset the slowing growth in its main file-sharing business. When a major bank gets bearish, the market listens.

• Technicals Were Already Flashing Yellow Even before the news, the chart was showing signs of exhaustion.

  • Momentum Fading: On the daily chart, the RSI has cooled off significantly, dropping from an overbought level of 75.6 on Tuesday to 59.1 today, indicating that buying pressure was already drying up[^0^].
  • Bearish Divergence: The MACD histogram, while still positive, has been shrinking for the past two days, signaling that the bullish momentum is weakening and a potential reversal was on the cards[^0^].
  • Key Level Test: The price is currently battling the $30.40 support level. A break below this could open the door to further downside, with the next major support around $28.44[^0^].

• Social Proof: Insiders and Analysts Are Selling This is where it gets spicy. The "smart money" seems to agree with the bears.

  • Analyst Consensus: The overall analyst trend is a "SELL" rating. Out of 19 analysts covering the stock, 8 recommend selling, while only 1 recommends buying[^0^]. The mean price target of $28.61 is below the current price, suggesting Wall Street sees it as overvalued[^0^].
  • Insider Selling: This is the real alpha. Company executives, including the CEO Andrew Houston, have been consistently selling shares throughout August and September[^0^]. When the people running the company are cashing out, it's rarely a good sign for the little guy.

• The Failed Bull Case Ironically, the company announced a new $1.5 billion share repurchase program just a few days ago[^1^][^2^]. Normally, this would be bullish, but it wasn't enough to fight the tide of a major analyst downgrade and heavy insider selling.

So, while you might see some positive headlines, the real story is in the data. The downgrade was just the trigger for a move that the technicals and insider actions were already hinting at. Maybe next time, check what the execs are doing on Edgen Radar before you think about buying the dip, bro.