Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Dropbox Inc Market Cap
The Dropbox Inc (DBX) share price is expected to increase by 3.78% over the next year. This is based on calculating the average 12-month share price estimate provided by 12 stock analysts who have covered DBX. Price targets range from $20 at the low end to $32 at the high end. The current analyst consensus for DBX is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assigned DBX 7 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Dropbox Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on DBX. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of DBX.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Rich Hilliker UBS | Buy | $28 | Maintains | Aug 9, 2024 |
| Steven Enders Citigroup | Neutral | $25 | Maintains | Jun 26, 2024 |
| Steven Enders Citigroup | Neutral | $27 | Maintains | Mar 22, 2024 |
| Kash Rangan Goldman Sachs | Sell | $24 | Downgrade | Feb 16, 2024 |
| Patrick Walravens JMP Securities | Market Perform | Downgrade | Feb 16, 2024 | |
| Mark Murphy JP Morgan | Neutral | $30 | Downgrade | Feb 16, 2024 |
| Michael Funk B of A Securities | Underperform | $28 | Downgrade | Feb 16, 2024 |
| Thomas Blakey Keybanc | Overweight | $37 | Maintains | Jan 19, 2024 |
| Rich Hilliker UBS | Buy | $36 | Initiates | Dec 15, 2023 |
| Steven Enders Citigroup | Neutral | $30 | Maintains | Sep 18, 2023 |
| Patrick Walravens JMP Securities | Market Outperform | $32 | Reiterates | Aug 31, 2023 |
JMP Securities | Outperform | Maintains | Aug 4, 2023 | |
Keybanc | Overweight | Maintains | Aug 4, 2023 | |
RBC Capital | Outperform | Maintains | Aug 4, 2023 | |
Credit Suisse | Underperform | Maintains | Aug 4, 2023 | |
Goldman Sachs | Neutral | Maintains | Aug 4, 2023 | |
Citigroup | Neutral | Maintains | Jul 21, 2023 | |
Keybanc | Overweight | Maintains | Jul 18, 2023 | |
| Steven Enders Citigroup | Neutral | $27 | Maintains | Jun 22, 2023 |
| Kash Rangan Goldman Sachs | Neutral | $25 | Maintains | May 9, 2023 |
When did it IPO
2018
Staff Count
2,693
Country
United States
Sector/Industry
Technology/Software—Infrastructure
CEO
Mr. Andrew W. Houston
Market Cap
$8.03B
In 2023, DBX generated $2.50B in revenue, which was a increase of 7.60% from the previous year. This can be seen as a signal that DBX's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Dropbox (DBX) closed at $24.82, reflecting a decline of 0.44% from the previous trading session.
Why It Matters - A slight decline in Dropbox's stock price may indicate short-term volatility, affecting investor sentiment and potential trading strategies.
Tue, 24 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks Style Scores help investors identify top-rated stocks aligned with their investing styles, providing a useful tool for stock selection.
Why It Matters - Zacks Style Scores can help identify high-potential stocks aligned with specific investing strategies, enhancing portfolio performance and informed decision-making for investors.
Thu, 19 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Dropbox (DBX) closed at $24.47, down 0.08% from the previous trading day in the latest trading session.
Why It Matters - A minor decline in Dropbox's stock price suggests potential volatility, which could impact investor sentiment and trading strategies. Monitoring price movements is crucial for decision-making.
Tue, 17 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks Style Scores can help investors select strong, market-beating stocks for their portfolios.
Why It Matters - The Zacks Style Scores can help identify high-performing stocks, potentially enhancing portfolio returns and guiding investment strategies effectively.
Wed, 18 Sep 2024
Sentiment - NEGATIVE
Source - Benzinga
Summary - The Nasdaq 100 closed marginally higher on Tuesday, with investor attention on significant insider trades.
Why It Matters - The Nasdaq 100's slight gain indicates potential market stability, while notable insider trades may signal confidence or strategic movements, influencing investor sentiment and stock performance.
Fri, 13 Sep 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Dropbox (DBX) closed at $24.59, up 1.32% from the previous day's close.
Why It Matters - A +1.32% price increase in Dropbox's stock signals positive market sentiment, potentially attracting more investor interest and influencing future trading activity.
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