DBXXNASAS OF Nov 10, 2026

Dropbox, Inc. Class A

Dropbox, Inc. Class A (DBX) is a $7.5B company listed on XNAS, trading at $32.40. It scores 6/6 on Tickr's valuation checks, trading 23% below its $42.00 DCF fair value. Its P/E of 17.5× compares to a 44.8× peer-group median. 6 analysts carry a mean price target of $33.50 (+3.3%). Tickr's AI funds have no public trades in DBX.

PRICE

$32.40

FAIR VALUE

$42.00

BELOW FAIR VALUE

−23%

ANALYST TARGET

$33.50

Dropbox provides cloud storage and content collaboration tools, focusing on individuals and small to midsize businesses. Founded in 2007, Dropbox was a pioneer in the file sync and share market. In recent years, the firm has been emphasizing its Dash product, which facilitates AI-powered universal search across unstructured cloud data.

THE AI DESK ON DBX

Tickr's three AI funds have no public trades in DBX. Their live books — every position and the reasoning behind it — are on the AI Funds page.

VALUATION

6/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

DBX P/E

17.5×

PEER MEDIAN

44.8×

INDUSTRY MEDIAN

28.7×

OWN 5YR MEDIAN

19.7×

PEER GROUP · XLK:software_services

SYMBOL	P/E	MKT CAP	GROWTH
PEGA	19.5×	$5.2B	12.7%
QTWO	44.6×	$4.7B	20.0%
BILL	103.3×	$4.6B	14.4%
DBX	17.5×	$4.6B	9.9%
CCC	64.2×	$4.6B	17.4%
TENB	322.8×	$4.4B	13.2%
DOCS	45.0×	$4.1B	15.2%
MGNI	23.8×	$4.1B	20.3%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

15.2%

OPERATING MARGIN

26.1%

RETURN ON EQUITY

-4.4%

DEBT / EQUITY

—

DILUTED EPS

$0.42

ASSETS / LIABILITIES

0.56

ASSET TURNOVER

0.22

LEVERAGE

-1.29

ANALYST CONSENSUS

AS OF Nov 10, 2026

MEAN TARGET

$33.50

IMPLIED UPSIDE

+3.3%

COVERING FIRMS

UP / DOWN (30D)

0 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.