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NASDAQ:DBX - Dropbox Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $35.75
  • Forecasted Upside: 13.35 %
  • Number of Analysts: 6
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$31.54 As of 09/24/2021 01:00 AM ET
▲ +0.27 (0.86%)

This chart shows the closing price for DBX by one month, three months, or twelve months.

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Analyst Price Target for DBX

Analyst Price Target is $35.75
▲ +13.35% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Dropbox in the last 3 months. The average price target is $35.75, with a high forecast of $40.00 and a low forecast of $26.00. The average price target represents a 13.35% upside from the last price of $31.54.

This chart shows the closing price for DBX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 6 polled investment analysts is to buy stock in Dropbox. This rating has held steady since July 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
4/5/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 1 hold ratings
  • 2 sell ratings
Ratings as of
7/4/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
10/2/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/31/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/31/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/29/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
8/28/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/6/2021Royal Bank of CanadaBoost Price TargetOutperform$35.00 ➝ $38.00Low
8/6/2021JMP SecuritiesBoost Price TargetMarket Outperform$37.00 ➝ $39.00Low
8/6/2021Jefferies Financial GroupBoost Price TargetBuy$38.00 ➝ $40.00High
5/14/2021The Goldman Sachs GroupInitiated CoverageSell$26.00High
5/5/2021DA DavidsonReiterated RatingBuyHigh
1/15/2021KeyCorpInitiated CoverageSector WeightMedium
7/31/2020Bank of AmericaDowngradeBuy ➝ Neutral$32.00 ➝ $25.00High
7/20/2020Jefferies Financial GroupUpgradeHold ➝ Buy$22.00 ➝ $28.00High
6/24/2020The Goldman Sachs GroupBoost Price TargetAverage ➝ Sell$19.00 ➝ $22.00High
5/15/2020CitigroupInitiated CoverageBuy$27.00High
5/8/2020Royal Bank of CanadaBoost Price TargetOutperform$28.00 ➝ $30.00Low
5/8/2020Jefferies Financial GroupBoost Price TargetHold$20.00 ➝ $22.00High
3/26/2020The Goldman Sachs GroupDowngradeNeutral ➝ Sell$23.00 ➝ $17.00High
2/25/2020MacquarieReiterated RatingBuy$35.00Low
2/21/2020DA DavidsonReiterated RatingBuyMedium
2/21/2020William BlairReiterated RatingBuyMedium
2/21/2020Deutsche Bank AktiengesellschaftBoost Price TargetBuy$28.00 ➝ $30.00High
2/21/2020Royal Bank of CanadaLower Price TargetOutperform$30.00 ➝ $28.00High
2/21/2020Canaccord GenuityReiterated RatingBuy$30.00High
2/21/2020Jefferies Financial GroupBoost Price TargetHold$19.00 ➝ $21.00High
1/9/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$28.00 ➝ $19.00Medium
11/26/2019William BlairReiterated RatingBuyLow
11/8/2019Nomura SecuritiesBoost Price TargetBuy$25.00 ➝ $27.00Low
11/8/2019Jefferies Financial GroupLower Price TargetBuy$32.00 ➝ $28.00High
10/22/2019Nomura InstinetUpgradeNeutral ➝ Buy$18.92 ➝ $25.00Medium
10/22/2019Nomura SecuritiesUpgradeNeutral ➝ Buy$24.00 ➝ $25.00Medium
10/8/2019Jefferies Financial GroupReiterated RatingBuy$32.00Medium
9/27/2019Canaccord GenuityDropped CoverageBuy$35.00N/A
9/26/2019MacquarieDropped CoverageBuy$32.00N/A
9/26/2019Royal Bank of CanadaDropped CoverageBuy$30.00N/A
8/9/2019William BlairDropped CoverageBuyN/A
8/9/2019Bank of AmericaDropped CoverageBuy$33.00N/A
8/9/2019DA DavidsonDropped CoverageBuy$30.00N/A
8/9/2019Royal Bank of CanadaDropped CoverageBuy$32.00N/A
8/9/2019Nomura SecuritiesLower Price TargetNeutral$25.00 ➝ $24.00High
8/7/2019Sanford C. BernsteinInitiated CoverageUnderperform ➝ Underperform$19.00High
2/22/2019Bank of AmericaUpgradeNeutral ➝ Buy$33.00High
2/22/2019Jefferies Financial GroupLower Price Target$32.00High
12/11/2018William BlairInitiated CoverageOutperform ➝ OutperformLow
11/9/2018Canaccord GenuityLower Price TargetBuy ➝ Buy$38.00 ➝ $35.00High
10/2/2018Nomura SecuritiesUpgradeReduce ➝ Neutral$21.00 ➝ $25.00Low
8/27/2018Monness Crespi & HardtInitiated CoverageNeutral ➝ NeutralLow
8/10/2018JMP SecuritiesBoost Price TargetOutperform$35.00 ➝ $37.00High
8/10/2018Canaccord GenuityBoost Price TargetBuy ➝ Buy$36.00 ➝ $38.00High
8/10/2018Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$33.00High
8/10/2018Jefferies Financial GroupBoost Price TargetAverage ➝ Buy$37.00High
8/1/2018Jefferies Financial GroupUpgradeHold ➝ Buy$31.00Medium
5/11/2018Canaccord GenuityBoost Price TargetBuy ➝ Buy$35.00 ➝ $36.00High
5/11/2018JPMorgan Chase & Co.Boost Price TargetOverweight$35.00Low
4/17/2018JMP SecuritiesInitiated CoverageOutperform$35.00Low
4/17/2018KeyCorpInitiated CoverageOverweight$40.00Low
4/17/2018Canaccord GenuityInitiated CoverageBuy ➝ Buy$35.00Low
4/17/2018Royal Bank of CanadaInitiated CoverageSector Perform$33.00Low
4/17/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy$36.00Low
4/17/2018Bank of AmericaInitiated CoverageNeutral$31.00Low
4/17/2018JPMorgan Chase & Co.Initiated CoverageOverweight$32.00Low
4/17/2018Piper Jaffray CompaniesInitiated CoverageOverweight$40.00Low
4/17/2018MacquarieInitiated CoverageOutperform$34.00Low
4/17/2018The Goldman Sachs GroupInitiated CoverageNeutral$27.00Low
4/17/2018Jefferies Financial GroupInitiated CoverageHold$31.00Low
4/16/2018DA DavidsonDropped CoverageBuy$22.00 ➝ $36.00Low
4/12/2018Nomura SecuritiesInitiated CoverageReduce ➝ Reduce$21.00 ➝ $21.00High
(Data available from 9/27/2016 forward)

News Sentiment Rating

0.62 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 29 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/1/2021
  • 0 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/31/2021
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/30/2021
  • 0 very positive mentions
  • 13 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2021
  • 0 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/29/2021
  • 4 very positive mentions
  • 20 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/29/2021
  • 3 very positive mentions
  • 19 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
8/28/2021
  • 7 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2021

Current Sentiment

  • 7 very positive mentions
  • 13 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Dropbox logo
Dropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files. Its users also get access to new product Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivalled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Business is designed for small to enterprise level businesses, which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. Dropbox was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.
Read More

Today's Range

Now: $31.54
Low: $30.93
High: $31.55

50 Day Range

MA: $31.28
Low: $29.81
High: $32.44

52 Week Range

Now: $31.54
Low: $17.66
High: $33.00

Volume

113,354 shs

Average Volume

5,905,420 shs

Market Capitalization

$12.57 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.9

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: DA Davidson, Jefferies Financial Group Inc., JMP Securities, KeyCorp, Royal Bank of Canada, 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?

4 Wall Street analysts have set twelve-month price targets for Dropbox in the last year. Their average twelve-month price target is $35.75, suggesting a possible upside of 13.3%. Jefferies Financial Group Inc. has the highest price target set, predicting DBX will reach $40.00 in the next twelve months. The Goldman Sachs Group, Inc. has the lowest price target set, forecasting a price of $26.00 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, 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DBX will outperform the market and that investors should add to their positions of Dropbox.
View the latest ratings for DBX.

What other companies compete with Dropbox?

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

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.