


Meanwhile, short-term options traders have rarely been more put-biased. Moreover, the software company has grown its annual revenues by 61.7% and has increased its annual net income by $826.8 million since fiscal 2018, generating $2.25 billion in revenue and $342 million in net income over the past 12 months. DBX maintains a manageable balance sheet with $1.45 billion in cash and $2.32 billion in total debt. In addition, the software stock has dropped in price 16% year-to-date and now trades at an intriguing forward price-earnings ratio of 11.86 and a price-sales ratio of 3.37.įurthermore, Dropbox stock provides some decent fundamentals. At last glance, DBX is trading down 1.6% at $20.38.ĭropbox stock has decreased about 30% over the past 12 months and DBX is down 35% since peaking at a 52-week high of $31.47 last November. The software company has a large market cap, currently valued at $7.4 billion. DBX has over 700 million registered users across about 180 countries, providing cloud storage, file synchronization, personal cloud, and client software. (NASDAQ:DBX) is an American software company that operates a global collaboration platform.
