Analyst Price Target is $28.33
▲ +15.36% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Dropbox in the last 3 months. The average price target is $28.33, with a high forecast of $30.00 and a low forecast of $25.00. The average price target represents a 15.36% upside from the last price of $24.56.
Current Consensus is
Buy
The current consensus among 2 investment analysts is to buy stock in Dropbox. This rating has held steady since January 2022, when it changed from a Hold consensus rating.
Dropbox, Inc. is a collaboration platform that's transforming the way people and teams work together. It offers the following products: Dropbox Basic, Dropbox Plus, Dropbox Professional, and Dropbox Business. The Dropbox Basic is the simple, powerful home for photos, videos, documents, and other files. Its users also get access to 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 unrivaled 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, in 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. The Company was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.
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