Comments
Loading...

Dropbox

DBXNASDAQ
Logo brought to you by Benzinga Data
$30.25
0.461.54%
At close: -
$31.00
0.752.48%
After Hours: Dec 20, 6:27 PM EDT
Consensus Rating1
Neutral
Highest Price Target1
$37.00
Lowest Price Target1
$22.00
Consensus Price Target1
$27.89

Dropbox (NASDAQ:DBX) Stock, Analyst Ratings, Price Targets, Forecasts

Dropbox Inc has a consensus price target of $27.89 based on the ratings of 10 analysts. The high is $37 issued by Keybanc on January 19, 2024. The low is $22 issued by Credit Suisse on August 4, 2023. The 3 most-recent analyst ratings were released by UBS, Citigroup, and Citigroup on August 9, 2024, June 26, 2024, and March 22, 2024, respectively. With an average price target of $26.67 between UBS, Citigroup, and Citigroup, there's an implied -13.98% downside for Dropbox Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.7
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Citigroup
Goldman Sachs
B of A Securities
JP Morgan

1calculated from analyst ratings

Analyst Ratings for Dropbox

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Dropbox (DBX) stock?

A

The latest price target for Dropbox (NASDAQ:DBX) was reported by UBS on August 9, 2024. The analyst firm set a price target for $28.00 expecting DBX to fall to within 12 months (a possible -9.68% downside). 8 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Dropbox (DBX)?

A

The latest analyst rating for Dropbox (NASDAQ:DBX) was provided by UBS, and Dropbox maintained their buy rating.

Q

When was the last upgrade for Dropbox (DBX)?

A

The last upgrade for Dropbox Inc happened on May 8, 2023 when Goldman Sachs raised their price target to $25. Goldman Sachs previously had a sell for Dropbox Inc.

Q

When was the last downgrade for Dropbox (DBX)?

A

The last downgrade for Dropbox Inc happened on February 16, 2024 when JMP Securities changed their price target from N/A to N/A for Dropbox Inc.

Q

When is the next analyst rating going to be posted or updated for Dropbox (DBX)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dropbox, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dropbox was filed on August 9, 2024 so you should expect the next rating to be made available sometime around August 9, 2025.

Q

Is the Analyst Rating Dropbox (DBX) correct?

A

While ratings are subjective and will change, the latest Dropbox (DBX) rating was a maintained with a price target of $30.00 to $28.00. The current price Dropbox (DBX) is trading at is $31.00, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

People Also Watch