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Dropbox - DBX Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $29.78
  • Forecasted Upside: 23.97%
  • Number of Analysts: 10
  • Breakdown:
  • 3 Sell Ratings
  • 4 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$24.02 As of 04/24/2024 01:00 AM ET
▲ +0.55 (2.34%)

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 $29.78
▲ +23.97% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Dropbox in the last 3 months. The average price target is $29.78, with a high forecast of $37.00 and a low forecast of $22.00. The average price target represents a 23.97% upside from the last price of $24.02.

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 Hold

The current consensus among 10 investment analysts is to hold stock in Dropbox. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
11/1/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
1/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
4/30/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
7/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
10/27/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
1/25/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 3 sell ratings
Ratings as of
4/24/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/22/2024CitigroupLower TargetNeutral ➝ Neutral$31.00 ➝ $27.00Low
2/16/2024The Goldman Sachs GroupDowngradeNeutral ➝ Sell$26.00 ➝ $24.00Low
2/16/2024JMP SecuritiesDowngradeOutperform ➝ Market PerformLow
2/16/2024JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$33.00 ➝ $30.00Low
2/16/2024Bank of AmericaDowngradeBuy ➝ Underperform$34.00 ➝ $28.00Low
1/19/2024KeyCorpBoost TargetOverweight ➝ Overweight$32.00 ➝ $37.00Low
12/15/2023UBS GroupInitiated CoverageBuy$36.00Low
9/18/2023CitigroupReiterated RatingNeutral ➝ Neutral$30.00Low
9/18/2023William BlairDowngradeOutperform ➝ Market PerformLow
8/31/2023JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$32.00Low
8/4/2023Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$30.00 ➝ $32.00Low
8/4/2023The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$25.00 ➝ $28.00Low
8/4/2023Credit Suisse GroupBoost TargetUnderperform ➝ Underperform$18.00 ➝ $22.00Low
8/4/2023JMP SecuritiesBoost TargetOutperform ➝ Outperform$30.00 ➝ $32.00Low
8/4/2023KeyCorpBoost TargetOverweight ➝ Overweight$32.00 ➝ $35.00Low
7/21/2023CitigroupBoost TargetNeutral$27.00 ➝ $30.00N/A
7/18/2023KeyCorpBoost Target$27.00 ➝ $32.00Low
6/21/2023CitigroupBoost Target$24.00 ➝ $27.00Low
5/8/2023The Goldman Sachs GroupUpgradeSell ➝ Neutral$22.00 ➝ $25.00Low
2/17/2023KeyCorpLower TargetOverweight$30.00 ➝ $29.00Low
2/17/2023Credit Suisse GroupReiterated RatingUnderperform$20.00N/A
2/17/2023Royal Bank of CanadaBoost Target$27.00 ➝ $30.00Low
2/17/2023CitigroupBoost TargetNeutral$24.00 ➝ $25.00Low
1/5/2023Jefferies Financial GroupDowngradeBuy ➝ Hold$28.00 ➝ $25.00Low
11/21/2022Credit Suisse GroupInitiated CoverageUnderperform$20.00Low
11/7/2022The Goldman Sachs GroupLower TargetSell$25.00 ➝ $22.00Low
10/31/2022Jefferies Financial GroupLower TargetBuy$30.00 ➝ $28.00Low
9/12/2022KeyCorpInitiated CoverageOverweight$30.00Low
9/6/2022Bank of AmericaInitiated CoverageBuy$34.00Low
9/1/2022CitigroupInitiated CoverageNeutral$24.00Low
5/23/2022Jefferies Financial GroupLower Target$35.00 ➝ $30.00Medium
2/18/2022William BlairReiterated RatingOutperformN/A
2/18/2022JMP SecuritiesLower Target$39.00 ➝ $30.00High
12/2/2021Berenberg BankInitiated CoverageHold$25.00High
8/6/2021Royal Bank of CanadaBoost TargetOutperform$35.00 ➝ $38.00Low
8/6/2021JMP SecuritiesBoost TargetMarket Outperform$37.00 ➝ $39.00Low
8/6/2021Jefferies Financial GroupBoost 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 TargetAverage ➝ Sell$19.00 ➝ $22.00High
5/15/2020CitigroupInitiated CoverageBuy$27.00High
5/8/2020Royal Bank of CanadaBoost TargetOutperform$28.00 ➝ $30.00Low
5/8/2020Jefferies Financial GroupBoost 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 TargetBuy$28.00 ➝ $30.00High
2/21/2020Royal Bank of CanadaLower TargetOutperform$30.00 ➝ $28.00High
2/21/2020Jefferies Financial GroupBoost TargetHold$19.00 ➝ $21.00High
1/9/2020Jefferies Financial GroupDowngradeBuy ➝ Hold$28.00 ➝ $19.00Medium
11/26/2019William BlairReiterated RatingBuyLow
11/8/2019Nomura SecuritiesBoost TargetBuy$25.00 ➝ $27.00Low
11/8/2019Jefferies Financial GroupLower 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 TargetNeutral$25.00 ➝ $24.00High
8/7/2019Sanford C. BernsteinInitiated CoverageUnderperform ➝ Underperform$19.00High
(Data available from 4/24/2019 forward)

News Sentiment Rating

0.90 (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
  • 8 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2023
  • 7 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2023
  • 8 very positive mentions
  • 18 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2023
  • 18 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2023
  • 14 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2024
  • 20 very positive mentions
  • 38 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
2/24/2024
  • 18 very positive mentions
  • 23 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
3/25/2024
  • 18 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/24/2024

Current Sentiment

  • 18 very positive mentions
  • 12 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. provides a content collaboration platform worldwide. The company's platform allows individuals, families, 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. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. 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.
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Today's Range

Now: $24.02
Low: $23.43
High: $24.03

50 Day Range

MA: $24.00
Low: $22.76
High: $32.54

52 Week Range

Now: $24.02
Low: $19.55
High: $33.43

Volume

2,431,876 shs

Average Volume

3,918,388 shs

Market Capitalization

$8.26 billion

P/E Ratio

18.20

Dividend Yield

N/A

Beta

0.71

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., Citigroup Inc., Credit Suisse Group AG, JMP Securities, JPMorgan Chase & Co., KeyCorp, Royal Bank of Canada, The Goldman Sachs Group, Inc., UBS Group AG, and William Blair.
View the latest analyst ratings for DBX.

What is the current price target for Dropbox?

9 Wall Street analysts have set twelve-month price targets for Dropbox in the last year. Their average twelve-month price target is $29.78, suggesting a possible upside of 24.0%. KeyCorp has the highest price target set, predicting DBX will reach $37.00 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $22.00 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 3 sell ratings, 4 hold ratings and 3 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 The Descartes Systems Group, AppFolio, GitLab, monday.com and Paylocity. 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.