NASDAQ:DBX - Dropbox Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $26.33
Forecasted Upside: -11.75 %
Number of Analysts: 5
Breakdown:
1 Sell Ratings
2 Hold Ratings
2 Buy Ratings
0 Strong Buy Ratings

^$29.84 As of 06/24/2021 01:00 AM ET

▲ +0.08 (0.27%)

1 month | 3 months | 12 months

Get New Dropbox Analyst Ratings Delivered To Your Inbox

Sign-up to receive the latest news and ratings for DBX and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for DBX

^$26.33

▼ -11.75% Downside Potential

This price target is based on 5 analysts offering 12 month price targets for Dropbox in the last 3 months. The average price target is $26.33, with a high forecast of $28.00 and a low forecast of $25.00. The average price target represents a -11.75% upside from the last price of $29.84.

Current Consensus is Hold

The current consensus among 5 polled investment analysts is to hold stock in Dropbox. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
8 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

1/1/2020

0 strong buy ratings
9 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

3/31/2020

0 strong buy ratings
10 buy ratings
1 hold ratings
2 sell ratings

Ratings as of

6/29/2020

0 strong buy ratings
10 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

9/27/2020

0 strong buy ratings
8 buy ratings
1 hold ratings
1 sell ratings

Ratings as of

12/26/2020

0 strong buy ratings
3 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

3/26/2021

0 strong buy ratings
2 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

5/25/2021

0 strong buy ratings
2 buy ratings
2 hold ratings
1 sell ratings

Ratings as of

6/24/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
5/14/2021	The Goldman Sachs Group	Initiated Coverage	Sell	$26.00	High
5/5/2021	DA Davidson	Reiterated Rating	Buy		High
1/15/2021	KeyCorp	Initiated Coverage	Sector Weight		Medium
7/31/2020	Bank of America	Downgrade	Buy ➝ Neutral	$32.00 ➝ $25.00	High
7/20/2020	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$22.00 ➝ $28.00	High
6/24/2020	The Goldman Sachs Group	Boost Price Target	Average ➝ Sell	$19.00 ➝ $22.00	High
5/15/2020	Citigroup	Initiated Coverage	Buy	$27.00	High
5/8/2020	Royal Bank of Canada	Boost Price Target	Outperform	$28.00 ➝ $30.00	Low
5/8/2020	Jefferies Financial Group	Boost Price Target	Hold	$20.00 ➝ $22.00	High
3/26/2020	The Goldman Sachs Group	Downgrade	Neutral ➝ Sell	$23.00 ➝ $17.00	High
2/25/2020	Macquarie	Reiterated Rating	Buy	$35.00	Low
2/21/2020	DA Davidson	Reiterated Rating	Buy		Medium
2/21/2020	William Blair	Reiterated Rating	Buy		Medium
2/21/2020	Deutsche Bank Aktiengesellschaft	Boost Price Target	Buy	$28.00 ➝ $30.00	High
2/21/2020	Royal Bank of Canada	Lower Price Target	Outperform	$30.00 ➝ $28.00	High
2/21/2020	Canaccord Genuity	Reiterated Rating	Buy	$30.00	High
2/21/2020	Jefferies Financial Group	Boost Price Target	Hold	$19.00 ➝ $21.00	High
1/9/2020	Jefferies Financial Group	Downgrade	Buy ➝ Hold	$28.00 ➝ $19.00	Medium
11/26/2019	William Blair	Reiterated Rating	Buy		Low
11/8/2019	Nomura Securities	Boost Price Target	Buy	$25.00 ➝ $27.00	Low
11/8/2019	Jefferies Financial Group	Lower Price Target	Buy	$32.00 ➝ $28.00	High
10/22/2019	Nomura Instinet	Upgrade	Neutral ➝ Buy	$18.92 ➝ $25.00	Medium
10/22/2019	Nomura Securities	Upgrade	Neutral ➝ Buy	$24.00 ➝ $25.00	Medium
10/8/2019	Jefferies Financial Group	Reiterated Rating	Buy	$32.00	Medium
9/27/2019	Canaccord Genuity	Dropped Coverage	Buy	$35.00	N/A
9/26/2019	Macquarie	Dropped Coverage	Buy	$32.00	N/A
9/26/2019	Royal Bank of Canada	Dropped Coverage	Buy	$30.00	N/A
8/9/2019	William Blair	Dropped Coverage	Buy		N/A
8/9/2019	Bank of America	Dropped Coverage	Buy	$33.00	N/A
8/9/2019	DA Davidson	Dropped Coverage	Buy	$30.00	N/A
8/9/2019	Royal Bank of Canada	Dropped Coverage	Buy	$32.00	N/A
8/9/2019	Nomura Securities	Lower Price Target	Neutral	$25.00 ➝ $24.00	High
8/7/2019	Sanford C. Bernstein	Initiated Coverage	Underperform ➝ Underperform	$19.00	High
2/22/2019	Bank of America	Upgrade	Neutral ➝ Buy	$33.00	High
2/22/2019	Jefferies Financial Group	Lower Price Target		$32.00	High
12/11/2018	William Blair	Initiated Coverage	Outperform ➝ Outperform		Low
11/9/2018	Canaccord Genuity	Lower Price Target	Buy ➝ Buy	$38.00 ➝ $35.00	High
10/2/2018	Nomura Securities	Upgrade	Reduce ➝ Neutral	$21.00 ➝ $25.00	Low
8/27/2018	Monness Crespi & Hardt	Initiated Coverage	Neutral ➝ Neutral		Low
8/10/2018	JMP Securities	Boost Price Target	Outperform	$35.00 ➝ $37.00	High
8/10/2018	Canaccord Genuity	Boost Price Target	Buy ➝ Buy	$36.00 ➝ $38.00	High
8/10/2018	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$33.00	High
8/10/2018	Jefferies Financial Group	Boost Price Target	Average ➝ Buy	$37.00	High
8/1/2018	Jefferies Financial Group	Upgrade	Hold ➝ Buy	$31.00	Medium
5/11/2018	Canaccord Genuity	Boost Price Target	Buy ➝ Buy	$35.00 ➝ $36.00	High
5/11/2018	JPMorgan Chase & Co.	Boost Price Target	Overweight	$35.00	Low
4/17/2018	JMP Securities	Initiated Coverage	Outperform	$35.00	Low
4/17/2018	KeyCorp	Initiated Coverage	Overweight	$40.00	Low
4/17/2018	Canaccord Genuity	Initiated Coverage	Buy ➝ Buy	$35.00	Low
4/17/2018	Royal Bank of Canada	Initiated Coverage	Sector Perform	$33.00	Low
4/17/2018	Deutsche Bank Aktiengesellschaft	Initiated Coverage	Buy	$36.00	Low
4/17/2018	Bank of America	Initiated Coverage	Neutral	$31.00	Low
4/17/2018	JPMorgan Chase & Co.	Initiated Coverage	Overweight	$32.00	Low
4/17/2018	Piper Jaffray Companies	Initiated Coverage	Overweight	$40.00	Low
4/17/2018	Macquarie	Initiated Coverage	Outperform	$34.00	Low
4/17/2018	The Goldman Sachs Group	Initiated Coverage	Neutral	$27.00	Low
4/17/2018	Jefferies Financial Group	Initiated Coverage	Hold	$31.00	Low
4/16/2018	DA Davidson	Dropped Coverage	Buy	$22.00 ➝ $36.00	Low
4/12/2018	Nomura Securities	Initiated Coverage	Reduce ➝ Reduce	$21.00 ➝ $21.00	High

(Data available from 6/24/2016 forward)

Dropbox, Inc. provides a collaboration platform worldwide. Its platform allows individuals, 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. As of December 31, 2020, the company had approximately 700 million registered users across 180 countries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

Today's Range

Now: $29.84

$29.66

$29.99

50 Day Range

MA: $27.15

$24.44

$29.84

52 Week Range

Now: $29.84

$17.66

$30.05

Volume

3,108,681 shs

Average Volume

7,021,685 shs

Market Capitalization

$11.97 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.89

Frequently Asked Questions

What sell-side analysts currently cover shares of Dropbox?

The following Wall Street research analysts have issued stock ratings on Dropbox in the last twelve months: Bank of America Co., DA Davidson, Jefferies Financial Group Inc., KeyCorp, The Goldman Sachs Group, Inc., TheStreet, and Zacks Investment Research.
View the latest analyst ratings for DBX.

What is the current price target for Dropbox?

3 Wall Street analysts have set twelve-month price targets for Dropbox in the last year. Their average twelve-month price target is $26.33, suggesting a possible downside of 11.5%. Jefferies Financial Group Inc. has the highest price target set, predicting DBX will reach $28.00 in the next twelve months. Bank of America Co. has the lowest price target set, forecasting a price of $25.00 for Dropbox in the next year.
View the latest price targets for DBX.

What is the current consensus analyst rating for Dropbox?

Dropbox currently has 1 sell rating, 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in DBX, but not buy more shares or sell existing shares.
View the latest ratings for DBX.

What other companies compete with Dropbox?

Other companies that are similar to Dropbox include Veeva Systems, Roblox, Synopsys, Electronic Arts, Cadence Design Systems, Atlassian, UiPath, Datadog, Cloudflare, Okta, Unity Software, ANSYS, HubSpot, Slack Technologies and MongoDB.

How do I contact Dropbox's investor relations team?

Dropbox's physical mailing address is 1800 OWENS STREET, SAN FRANCISCO CA, 94158. The company's listed phone number is 415-857-6800 and its investor relations email address is [email protected] The official website for Dropbox is www.dropbox.com.