DBXTechnology · Software - InfrastructureThe 8 Wall Street analysts covering Dropbox, Inc. hold a median 12-month price target of $35 — +3.0% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 86 of 100 as at 12 Nov 2026 — inside the top quartile. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Dropbox, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Volatility (92): The share price has been relatively steady.
Growth (32): Sales and profits are flat, shrinking, or growing more slowly than they were.
Size (18): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on DBX, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +3.0% from it.
Of the 20 most recent actions, 6 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 7 Nov 2026 | JP Morgan | Maintains | Neutral | — |
| 6 Nov 2026 | JP Morgan | Maintains | Neutral | $35 → $36 |
| 6 Nov 2026 | RBC Capital | Maintains | Outperform | $42 → $48 |
| 6 Nov 2026 | UBS | Maintains | Sell | $23 → $26 |
| 3 Nov 2026 | Stephens & Co. | Initiates | Equal-Weight | $39 |
| 24 Sept 2026 | Citigroup | Downgrade | Sell | — |
| 24 Sept 2026 | Citigroup | Downgrade | Sell | $33 → $29 |
| 3 Sept 2026 | RBC Capital | Reiterates | Outperform | $42 |
| 3 Sept 2026 | RBC Capital | Reiterates | Outperform | — |
| 7 Aug 2026 | Citigroup | Maintains | Neutral | — |
| 7 Aug 2026 | Citigroup | Maintains | Neutral | $28 → $33 |
| 7 Aug 2026 | William Blair | Upgrade | Market Perform | — |
| 7 Aug 2026 | William Blair | Upgrade | Market Perform | — |
| 11 May 2026 | Citigroup | Maintains | Neutral | $27 → $28 |
| 11 May 2026 | Citigroup | Maintains | Neutral | — |
| 8 May 2026 | RBC Capital | Maintains | Outperform | $30 → $32 |
| 8 May 2026 | RBC Capital | Maintains | Outperform | — |
| 23 Mar 2026 | William Blair | Downgrade | Underperform | — |
| 20 Feb 2026 | JP Morgan | Maintains | Neutral | — |
| 20 Feb 2026 | RBC Capital | Maintains | Outperform | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
DBX appears in the Radar on the weeks it earns a place.
AI cloud capacity
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AI chips
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AI networking and servers
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Data centre power
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 12 Nov 2026, Dropbox, Inc. returned +8.6% against +12.0% for the S&P 500, dividends included.
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Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 40% of US stocks
Cheaper than 41% of US stocks
Cheaper than 96% of US stocks
Cheaper than 31% of US stocks
Higher than 29% of US stocks
Higher than 30% of US stocks
Higher than 91% of US stocks
Higher than 86% of US stocks
Higher than 80% of US stocks
Higher than 28% of US stocks
Higher than 97% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Dropbox, Inc. has a market value of $7.2B and an enterprise value of $10.0B.
Revenue in the twelve months to 30 June 2026: $2.5B. The latest quarter grew 0.5% year on year.
Net income over the same four quarters: $442.8M, a 17.5% net margin.
Diluted earnings per share, trailing twelve months: $1.80.
Free cash flow in the twelve months to 30 June 2026: $953.8M, after $23.4M of capital spending.
Dropbox, Inc. spent $1.5B on share buybacks in the twelve months to 30 June 2026.
Trailing P/E: 17.9×; forward P/E: 9.8× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
Dropbox, Inc. employs 2,113 people — $1.2M of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Dropbox, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Dropbox announced the pricing of $1.1 billion in aggregate principal amount of convertible senior notes due 2031 in a private placement. The offering was increased from its previously announced size of $1.0 billion.
Why it matters — The announcement details a larger convertible-note financing and its maturity for investors tracking Dropbox’s capital raising.
Dropbox announced its intention to offer $1.0 billion in aggregate principal amount of convertible senior notes due 2031 in a private placement, subject to market conditions and other factors. It also expects to grant the initial purchasers a 13-day option.
Why it matters — The proposed notes offering is a financing announcement that DBX watchers may track for its potential implications for the company’s capital structure.
A Zacks Investment Research headline describes Dropbox as a top-ranked value stock. The excerpt says Zacks Style Scores are a feature of its Zacks Premium research service intended to help investors identify stocks across value, growth, and momentum styles.
Why it matters — DBX watchers may note the article’s value-stock framing and its reference to Zacks’ Style Scores.
Dropbox reported Q3 revenue of $637 million, exceeding management guidance. More than 20% of teams adopting AI features used included usage credits.
Why it matters — The results give DBX watchers updates on quarterly revenue and adoption of the company’s AI features.
Dropbox held its Q3 2026 earnings call on November 5, 2026, with remarks hosted by Chief Accounting Officer and Head of Investor Relations Sarah Schubach. The excerpt lists company and analyst participants but provides no financial results or discussion details.
Why it matters — The transcript signals a quarterly investor update, but the excerpt does not include information about Dropbox’s performance or outlook.
The 8 Wall Street analysts covering Dropbox, Inc. have a median 12-month price target of $35, with estimates ranging from $26 to $48. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 8 analysts covering Dropbox, Inc., 1 rate it a Buy, 4 a Hold and 3 a Sell. Ticker Nerd's systematic factor model ranks Dropbox, Inc. 86 out of 100 across roughly 4,600 US stocks as at 12 Nov 2026. None of this is personal advice — it does not consider your circumstances.
As at 12 Nov 2026, Dropbox, Inc. ranks 86 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (92 of 100).
No one can know that. What the data says: the median 12-month target from 8 analysts implies +3.0% from the last close, and Ticker Nerd's factor model ranks Dropbox, Inc. 86 out of 100 as at 12 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Dropbox, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for DBX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $26 to $48 over the next 12 months.
Dropbox, Inc. returned +8.6% over the 12 months to 12 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.
Dropbox Inc. Class A Common Stock represents ownership in Dropbox, a cloud-based software company that provides file storage, synchronization, sharing, and content collaboration tools.
The most recent item we track (Business Wire, 10 Nov 2026): "Dropbox, Inc. Announces Upsize and Pricing of $1.1 Billion Convertible Senior Notes Offering". Dropbox announced the pricing of $1.1 billion in aggregate principal amount of convertible senior notes due 2031 in a private placement. The offering was increased from its previously announced size of $1.0 billion.
Dropbox Inc. Class A Common Stock represents ownership in Dropbox, a cloud-based software company that provides file storage, synchronization, sharing, and content collaboration tools. The company serves individuals, teams, and organizations that need secure access to digital files and streamlined workflows across devices. Its platform includes products for storing and organizing documents, managing shared workspaces, and supporting collaborative work in distributed environments. Dropbox also offers solutions aimed at simplifying content management for small and midsize businesses, with services designed to integrate into everyday productivity routines. As a software business focused on cloud collaboration, Dropbox plays a role in the broader information technology market by helping users create, access, and manage digital content more efficiently.
CEO Mr. Andrew W. Houston · 2,113 employees · United States · https://www.dropbox.com
