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NASDAQ:DBX - Dropbox Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $28.33
  • Forecasted Upside: 15.36 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$24.56 As of 08/11/2022 01:00 AM ET
▼ -0.13 (-0.53%)

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 $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.

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 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.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
2/18/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
5/19/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
8/17/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
11/15/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
2/13/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
5/14/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/13/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/12/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/23/2022Jefferies Financial GroupLower Price Target$35.00 ➝ $30.00Medium
2/18/2022William BlairReiterated RatingOutperformN/A
2/18/2022JMP SecuritiesLower Price Target$39.00 ➝ $30.00High
12/2/2021Berenberg BankInitiated CoverageHold$25.00High
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
2/21/2020Jefferies 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
9/26/2019MacquarieDropped 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
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
8/10/2018Royal 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
5/11/2018JPMorgan Chase & Co.Boost Price TargetOverweight$35.00Low
4/17/2018JMP SecuritiesInitiated CoverageOutperform$35.00Low
4/17/2018KeyCorpInitiated CoverageOverweight$40.00Low
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 8/12/2017 forward)

News Sentiment Rating

0.35 (Hold)

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
  • 6 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
1/14/2022
  • 3 very positive mentions
  • 11 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
2/13/2022
  • 8 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/15/2022
  • 2 very positive mentions
  • 9 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
4/14/2022
  • 4 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
5/14/2022
  • 2 very positive mentions
  • 16 positive mentions
  • 4 negative mentions
  • 1 very negative mentions
Mentions as of
6/13/2022
  • 4 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/13/2022
  • 6 very positive mentions
  • 21 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
8/12/2022

Current Sentiment

  • 6 very positive mentions
  • 21 positive mentions
  • 4 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 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.
Read More

Today's Range

Now: $24.56
Low: $24.52
High: $24.99

50 Day Range

MA: $22.31
Low: $19.69
High: $24.69

52 Week Range

Now: $24.56
Low: $19.07
High: $32.59

Volume

2,018,700 shs

Average Volume

2,589,364 shs

Market Capitalization

$9.22 billion

P/E Ratio

27.60

Dividend Yield

N/A

Beta

0.84

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: Berenberg Bank, Jefferies Financial Group Inc., JMP Securities, and William Blair.
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 $28.33, suggesting a possible upside of 15.4%. Jefferies Financial Group Inc. has the highest price target set, predicting DBX will reach $30.00 in the next twelve months. Berenberg Bank 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 hold rating and 1 buy rating 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 Manhattan Associates, Qualtrics International, GitLab, Ceridian HCM and Avalara. Learn More about companies similar to Dropbox.

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. Learn More about contacing Dropbox investor relations.