How to Buy Dropbox Stock

Dropbox Inc

Dropbox, Inc. provides a content collaboration platform worldwide. Its platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features.

Dropbox stock last closed at $31.11, up 1.7% from the previous day, and has decreased 4.92% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.48 percentage points. Dropbox stock is currently +50.44% from its 52-week low of $20.68, and -6.94% from its 52-week high of $33.43.

At the moment, there are 309.73M DBX shares outstanding. The market capitalization of DBX is $9.64B. In the last 24 hours, 2.66M DBX shares were traded.

How to Buy Dropbox Stock

Wondering how to invest in Dropbox stock? Here's how.

  1. Figure out where to buy Dropbox stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Dropbox stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Choose your payment method and add your details.
  4. Evaluate Dropbox stock: The Dropbox ticker symbol is DBX. Is Dropbox stock a good investment? Should you buy shares of DBX? How do DBX's underlying business fundamentals look? Do top analysts think Dropbox is a good buy? Why has DBX's stock price moved recently? (Hint: Our stock market research website can help you decide if DBX is a good stock to buy).
  5. Execute your DBX trade: Decide if you will purchase DBX shares at the current market price or use a limit order to buy DBX stock at a given price.
  6. Get notifications regarding your investment in DBX: Create a watchlist to key updates about your investment in Dropbox stock.

Step 1: Figure out where to buy Dropbox stock

You will need a brokerage account in order to access the NASDAQ market and buy DBX shares.

A brokerage account enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

Based on our analysis, eToro is the best stock brokerage. eToro gives you:

  • You can invest in stocks with zero commissions: Invest without paying trading commissions.
  • Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
  • Access to world markets: From Technology to Utilities, New York to London — you can fill your portfolio with stocks from the globe's leading stock exchanges.
  • Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by signing up for an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 2: Create your brokerage account

Now that you've selected your brokerage, you'll need to fill out some personal information so you can invest in DBX stock today.

How to Set Up a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal data to start your new trading account.
  1. Send your information by pressing the "Create Account" button.
  2. Get started with eToro today
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Deposit money your investment account

Now that you've created your account on apps for stocks, your next step is to transfer the money for your investment:

Watch the video below if you need help depositing funds into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Dropbox stock

After you have identified the best place to buy Dropbox stock, it's absolutely critical to evaluate their stock before you invest, so you can comprehend the risk as well as the upside.

Dropbox stock data

DBX Price
$31.11
1w %
3.39%
1y %
-4.92%
5y %
76.36%
P/E
17.78x
P/B
-17.64x
P/S
3.85x
PEG
N/A
Revenue
$2.54B
Earnings
$576.80M
Fore. Rev. Growth
0.33%
Fore. Earn. Growth
-6.1%
Market Cap
$9.64B
Next Earnings
Feb 13, 2025
Next Dividend
N/A

Dropbox Due Diligence Checks

WallStreetZen was designed to help average investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on DBX's stock page.

Is DBX stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge DBX's true value.

Using relative valuations metrics:

  • DBX may be undervalued based on its P/E ratio of 17.78x, relative to Software - Infrastructure industry P/E ratio of 44.72x

You can do additional valuation research on DBX's stock here.

DBX Financial Overview

Positive Financial Indicators:

  • DBX earnings of $682.90M is not enough to cover its interest payments.
  • DBX's operating cash flow of $880.60M allows it to safely service it's debt of $2.02B.
  • DBX profit margin has gone up from 22.5% to 22.7% in the past year.

Negative Financial Indicators:

  • Total DBX debt is still negative.
  • DBX debt to equity ratio of -5.72 is negative.
  • There are more short-term liabilities than short-term assets on the DBX balance sheet.
  • There are more long-term liabilities than short-term assets on the DBX balance sheet.

Is Dropbox stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who track DBX, the consensus analyst rating on DBX is a Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Dropbox stock forecast page.

DBX Technical Indicators

SMA10
30.1
SMA20
30.17
SMA50
29.1
SMA100
27.14
SMA200
25.01
MACD
0.39
MACD Signal
0.37
MACD Histogram
0.02
RSI
64.26
Stochastic %K
86.43
Stochastic %D
77.56
StochRSI %K
84.99
StochRSI %D
71.71

Is DBX Growing Revenue?

Last year, DBX earnings were $576.80M. In the last 4 year, DBX's earnings have grown by 74.21% per year. This was faster than the Software - Infrastructure industry average of 27.77%.

Last year, DBX revenue was $2.54B. In the past five year, DBX's revenue has grown by 9.8% per year. This was slower than the Software - Infrastructure industry average of 18.68%.

Learn more about DBX's earnings and revenue performance here.

Are DBX insiders buying or selling the stock?

Over the last year, executives and large shareholders at DBX have sold more shares than they have bought.

Timothy Regan, Chief Financial Officer of DBX, was the latest DBX insider to sell. They sold $75,935.00 worth of DBX shares on Jan 15, 2025.

Learn more about who owns DBX stock here.

Does DBX stock generate passive income?

No, Dropbox doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your DBX trade

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.

Click the Open button and your broker will execute the order.

If you want additional help investing in stocks on eToro, click the how to video below:

Open eToro Account

Step 6: Get notifications regarding your investment in DBX

Now that you own some DBX shares, you'll want to keep up with your company.

Put DBX on a watchlist to track your DBX stock.

DBX Feed

How to Buy Stock in Dropbox

To summarize, here are the 6 steps for buying Dropbox stock:

  1. Figure out where to buy Dropbox stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Evaluate Dropbox stock
  5. Execute your DBX trade
  6. Get notifications regarding your investment in DBX

If you require a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Dropbox, click the button below.

NASDAQ: DBX
$31.11+0.52 (+1.7%)
Updated Jan 21, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: DBX
$31.11+0.52 (+1.7%)
Updated Jan 21, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Dropbox share?

As of Jan 21, 2025, it costs $31.11 to buy one share of Dropbox stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.321 shares of DBX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Dropbox stock?

According to 2 Wall Street analysts who monitor Dropbox, their consensus recommendation is to buy Dropbox stock.

What is the best way to buy Dropbox stock?

One way to place an order for Dropbox stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.