Dropbox (DBX) Stock Forecast, Price Target & Predictions
DBX Stock Forecast
Dropbox (DBX) stock forecast, based on 9 Wall Street analysts, predicts a 12-month average price target of $30.33, with a high of $32.00 and a low of $28.00. This represents a -6.39% decline from the last price of $32.40.
DBX Stock Rating
Dropbox stock's rating consensus is Buy, based on 9 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 7 Buy (77.78%), 1 Hold (11.11%), 1 Sell (11.11%), and 0 Strong Sell (0.00%).
Buy
DBX Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Dropbox | -6.39% |
Sector | Technology Stocks | 13.03% |
Idea | SaaS Stocks List | 17.20% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 5 |
Avg Price Target | - | - | $31.80 |
Last Closing Price | $32.40 | $32.40 | $32.40 |
Upside/Downside | - | - | -1.85% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 1 | 8 | - | 2 | 12 |
Dec, 24 | 1 | 1 | 7 | - | 2 | 11 |
Nov, 24 | 1 | 6 | 7 | 1 | 2 | 17 |
Oct, 24 | 1 | 6 | 6 | 3 | 2 | 18 |
Sep, 24 | 1 | 6 | 6 | 3 | 2 | 18 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Aug 21, 2024 | Thomas Blakey | KeyBanc | $31.00 | $24.02 | 29.06% | -4.32% |
Aug 09, 2024 | Rishi Jaluria | RBC Capital | $32.00 | $22.51 | 42.16% | -1.23% |
Aug 09, 2024 | Rich Hilliker | UBS | $28.00 | $21.73 | 28.85% | -13.58% |
Feb 15, 2024 | Rich Hilliker | UBS | $36.00 | $32.56 | 10.57% | 11.11% |
Feb 15, 2024 | Patrick Walravens | JMP Securities | $32.00 | $32.56 | -1.72% | -1.23% |
Jan 05, 2023 | Jefferies | $25.00 | $22.26 | 12.31% | -22.84% | |
Nov 22, 2022 | Rich Hilliker | Credit Suisse | $20.00 | $22.22 | -9.99% | -38.27% |
May 23, 2022 | Jefferies | $30.00 | $20.27 | 48.00% | -7.41% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 21, 2024 | KeyBanc | Overweight | Overweight | hold |
Aug 09, 2024 | Goldman Sachs | Sell | Sell | hold |
Aug 09, 2024 | UBS | Buy | Buy | hold |
Feb 15, 2024 | JMP Securities | Market Outperform | Market Outperform | hold |
Aug 04, 2023 | Piper Sandler | Overweight | Overweight | hold |
Aug 04, 2023 | JMP Securities | Outperform | Outperform | hold |
May 08, 2023 | Goldman Sachs | Neutral | upgrade | |
Nov 22, 2022 | Credit Suisse | Underperform | initialise | |
Oct 31, 2022 | Jefferies | Buy | Buy | hold |
Sep 06, 2022 | Bank of America Securities | Buy | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $-0.62 | $0.87 | $1.53 | $1.33 | - | - | - | - |
Avg Forecast | $0.89 | $1.50 | $1.58 | $1.97 | $2.41 | $2.59 | $2.76 | $1.55 |
High Forecast | $0.88 | $1.49 | $1.57 | $1.96 | $2.40 | $2.56 | $2.33 | $1.54 |
Low Forecast | $0.90 | $1.51 | $1.59 | $1.99 | $2.43 | $2.65 | $3.19 | $1.57 |
Surprise % | -169.66% | -42.00% | -3.16% | -32.49% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $1.91B | $2.16B | $2.32B | $2.50B | - | - | - | - |
Avg Forecast | $1.91B | $2.15B | $2.32B | $2.50B | $2.54B | $2.55B | $2.58B | $2.73B |
High Forecast | $1.90B | $2.14B | $2.31B | $2.49B | $2.53B | $2.54B | $2.57B | $2.71B |
Low Forecast | $1.92B | $2.17B | $2.34B | $2.52B | $2.57B | $2.56B | $2.59B | $2.75B |
Surprise % | 0.33% | 0.35% | 0.20% | 0.14% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $-256.30M | $335.80M | $553.20M | $453.60M | - | - | - | - |
Avg Forecast | $-224.28M | $230.40M | $303.11M | $453.60M | $835.59M | $901.68M | $952.33M | $537.23M |
High Forecast | $-294.69M | $184.32M | $242.49M | $362.88M | $830.36M | $886.28M | $803.60M | $532.14M |
Low Forecast | $-153.87M | $276.48M | $363.73M | $544.32M | $840.83M | $917.08M | $1.10B | $542.31M |
Surprise % | 14.28% | 45.75% | 82.51% | - | - | - | - | - |