▲ +15.18% 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 $26.40, with a high forecast of $30.00 and a low forecast of $22.00. The average price target represents a 15.18% upside from the last price of $22.92.
The current consensus among 6 polled investment analysts is to hold stock in Dropbox. This rating changed within the last month from a Buy consensus rating.
Dropbox, Inc. provides a collaboration platform worldwide. The company's 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, 2019, it had approximately 600 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 founded in 2007 and is headquartered in San Francisco, California.