Dropbox (DBX) Stock Forecast, Price Target & Predictions
DBX Stock Forecast
Dropbox stock forecast is as follows: an average price target of $30.33 (represents a 0.26% upside from DBX’s last price of $30.25) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
DBX Price Target
The average price target for Dropbox (DBX) is $30.33 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $32.00 to $28.00. This represents a potential 0.26% upside from DBX's last price of $30.25.
DBX Analyst Ratings
According to 9 Wall Street analysts, Dropbox's rating consensus is 'Buy'. The analyst rating breakdown for DBX stock is 0 'Strong Buy' (0.00%), 7 'Buy' (77.78%), 1 'Hold' (11.11%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
Dropbox Price Target by Analyst
| 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 | 29.09% | 2.48% |
| Aug 09, 2024 | Rishi Jaluria | RBC Capital | $32.00 | $22.51 | 42.16% | 5.79% |
| Aug 09, 2024 | Rich Hilliker | UBS | $28.00 | $21.73 | 28.85% | -7.44% |
| Feb 15, 2024 | Rich Hilliker | UBS | $36.00 | $32.55 | 10.58% | 19.01% |
| Feb 15, 2024 | Patrick Walravens | JMP Securities | $32.00 | $32.55 | -1.70% | 5.79% |
| Jan 05, 2023 | Jefferies | $25.00 | $22.26 | 12.31% | -17.36% | |
| Nov 22, 2022 | Rich Hilliker | Credit Suisse | $20.00 | $22.22 | -9.99% | -33.88% |
| May 23, 2022 | Jefferies | $30.00 | $20.27 | 48.00% | -0.83% |
The latest Dropbox stock forecast, released on Aug 21, 2024 by Thomas Blakey from KeyBanc, set a price target of $31.00, which represents a 29.09% increase from the stock price at the time of the forecast ($24.02), and a 2.48% increase from DBX last price ($30.25).
Dropbox Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 5 |
| Avg Price Target | - | - | $31.80 |
| Last Closing Price | $30.25 | $30.25 | $30.25 |
| Upside/Downside | -100.00% | -100.00% | 5.12% |
In the current month, the average price target of Dropbox stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Dropbox's last price of $30.25. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| 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 | RBC Capital | Outperform | Outperform | Hold |
| Aug 09, 2024 | UBS | Buy | Buy | Hold |
| Feb 15, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Feb 15, 2024 | UBS | Buy | Initialise | |
| Feb 15, 2024 | Goldman Sachs | Neutral | Neutral | 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 | |
| Sep 01, 2022 | Citigroup | Neutral | Initialise | |
| May 23, 2022 | Jefferies | Buy | Buy | Hold |
Dropbox's last stock rating was published by KeyBanc on Aug 21, 2024. The company gave DBX a "Overweight" rating, the same as its previous rate.
Dropbox Financial Forecast
Dropbox Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $635.00M | $633.00M | $622.50M | $611.10M | $598.80M | $591.00M | $572.70M | $562.40M | $565.50M | $550.20M | $530.60M | $511.60M | $504.10M | $487.40M | $467.40M | $455.00M | $446.00M | $428.20M |
| Avg Forecast | $651.65M | $647.66M | $641.16M | $634.60M | $644.04M | $642.63M | $636.48M | $631.05M | $639.05M | $637.68M | $630.10M | $629.06M | $632.22M | $628.46M | $614.76M | $602.22M | $594.44M | $586.25M | $571.74M | $560.22M | $557.96M | $544.34M | $523.87M | $505.27M | $497.96M | $483.66M | $465.41M | $445.60M | $443.35M | $423.48M |
| High Forecast | $656.67M | $652.65M | $646.11M | $639.49M | $649.01M | $647.59M | $641.39M | $636.95M | $639.12M | $637.90M | $630.10M | $629.06M | $632.65M | $629.50M | $619.50M | $606.87M | $599.02M | $586.25M | $571.74M | $560.22M | $557.96M | $544.34M | $523.87M | $505.27M | $497.96M | $483.66M | $465.41M | $445.60M | $443.35M | $423.48M |
| Low Forecast | $646.18M | $642.23M | $635.79M | $629.28M | $638.65M | $637.24M | $631.15M | $622.87M | $639.01M | $637.45M | $630.10M | $629.06M | $631.95M | $627.57M | $609.60M | $597.17M | $589.46M | $586.25M | $571.74M | $560.22M | $557.96M | $544.34M | $523.87M | $505.27M | $497.96M | $483.66M | $465.41M | $445.60M | $443.35M | $423.48M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.00% | 1.00% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.01% | 1.00% | 1.02% | 1.01% | 1.01% |
Dropbox's average Quarter revenue forecast for Mar 24 based on 2 analysts is $629.06M, with a low forecast of $629.06M, and a high forecast of $629.06M. DBX's average Quarter revenue forecast represents a -0.94% decrease compared to the company's last Quarter revenue of $635.00M (Dec 23).
Dropbox EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $110.00M | $130.70M | $56.50M | $126.60M | $284.20M | $136.20M | $139.50M | $128.90M | $128.30M | $116.60M | $127.80M | $81.10M | $-306.70M | $74.50M | $62.00M | $79.30M | $38.60M | $25.20M |
| Avg Forecast | $148.94M | $148.03M | $146.55M | $145.05M | $147.21M | $146.88M | $145.48M | $144.24M | $146.06M | $145.75M | $144.02M | $155.17M | $144.50M | $143.64M | $140.51M | $141.06M | $98.79M | $135.37M | $132.01M | $128.24M | $128.83M | $125.69M | $120.96M | $70.64M | $114.98M | $111.68M | $107.46M | $62.31M | $102.37M | $97.78M |
| High Forecast | $150.09M | $149.17M | $147.68M | $146.17M | $148.34M | $148.02M | $146.60M | $145.58M | $146.08M | $145.80M | $144.02M | $186.20M | $144.60M | $143.88M | $141.60M | $169.27M | $118.55M | $135.37M | $132.01M | $153.89M | $128.83M | $125.69M | $120.96M | $84.76M | $114.98M | $111.68M | $107.46M | $74.77M | $102.37M | $97.78M |
| Low Forecast | $147.70M | $146.79M | $145.32M | $143.83M | $145.97M | $145.65M | $144.26M | $142.37M | $146.05M | $145.70M | $144.02M | $124.13M | $144.44M | $143.44M | $139.33M | $112.85M | $79.03M | $135.37M | $132.01M | $102.59M | $128.83M | $125.69M | $120.96M | $56.51M | $114.98M | $111.68M | $107.46M | $49.85M | $102.37M | $97.78M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | 0.91% | 0.40% | 0.90% | 2.88% | 1.01% | 1.06% | 1.01% | 1.00% | 0.93% | 1.06% | 1.15% | -2.67% | 0.67% | 0.58% | 1.27% | 0.38% | 0.26% |
2 analysts predict DBX's average Quarter EBITDA for Mar 24 to be $155.17M, with a high of $186.20M and a low of $124.13M. This is 41.06% upper than Dropbox's previous annual EBITDA (Dec 23) of $110.00M.
Dropbox Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $227.30M | $114.10M | $43.20M | $69.00M | $328.30M | $83.20M | $62.00M | $79.70M | $124.60M | $75.60M | $88.00M | $47.60M | $-345.80M | $32.70M | $17.50M | $39.30M | $-6.60M | $-17.00M |
| Avg Forecast | $229.02M | $230.44M | $226.23M | $221.35M | $218.84M | $216.29M | $210.05M | $206.06M | $204.26M | $174.02M | $171.22M | $93.83M | $156.95M | $160.39M | $148.86M | $85.30M | $95.94M | $122.14M | $119.86M | $77.55M | $118.41M | $114.69M | $106.42M | $41.46M | $76.47M | $59.87M | $55.30M | $30.88M | $45.75M | $35.04M |
| High Forecast | $231.31M | $232.75M | $228.50M | $223.57M | $221.03M | $218.46M | $212.16M | $209.33M | $207.55M | $174.18M | $171.30M | $112.60M | $160.22M | $170.21M | $150.35M | $102.36M | $115.13M | $122.14M | $119.86M | $93.06M | $118.41M | $114.69M | $106.42M | $49.75M | $76.47M | $59.87M | $55.30M | $37.05M | $45.75M | $35.04M |
| Low Forecast | $226.52M | $227.93M | $223.76M | $218.93M | $216.45M | $213.94M | $207.76M | $202.79M | $197.67M | $173.86M | $171.15M | $75.06M | $150.41M | $153.84M | $147.23M | $68.24M | $76.75M | $122.14M | $119.86M | $62.04M | $118.41M | $114.69M | $106.42M | $33.17M | $76.47M | $59.87M | $55.30M | $24.70M | $45.75M | $35.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.45% | 0.71% | 0.29% | 0.81% | 3.42% | 0.68% | 0.52% | 1.03% | 1.05% | 0.66% | 0.83% | 1.15% | -4.52% | 0.55% | 0.32% | 1.27% | -0.14% | -0.49% |
Dropbox's average Quarter net income forecast for Mar 24 is $93.83M, with a range of $75.06M to $112.60M. DBX's average Quarter net income forecast represents a -58.72% decrease compared to the company's last Quarter net income of $227.30M (Dec 23).
Dropbox SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $180.90M | $166.30M | $180.90M | $175.00M | $162.40M | $160.40M | $160.30M | $149.20M | $163.60M | $173.60M | $153.60M | $161.30M | $170.10M | $170.90M | $166.30M | $143.30M | $170.80M | $169.20M |
| Avg Forecast | $208.22M | $206.95M | $204.87M | $202.78M | $205.79M | $205.34M | $203.38M | $201.64M | $204.20M | $203.76M | $201.34M | $175.65M | $202.02M | $200.81M | $196.44M | $159.68M | $125.97M | $187.33M | $182.69M | $145.17M | $178.29M | $173.94M | $167.39M | $140.49M | $159.12M | $154.55M | $148.71M | $112.59M | $141.67M | $135.32M |
| High Forecast | $209.83M | $208.54M | $206.45M | $204.34M | $207.38M | $206.93M | $204.95M | $203.53M | $204.22M | $203.83M | $201.34M | $210.78M | $202.15M | $201.15M | $197.95M | $191.62M | $151.17M | $187.33M | $182.69M | $174.20M | $178.29M | $173.94M | $167.39M | $168.58M | $159.12M | $154.55M | $148.71M | $135.11M | $141.67M | $135.32M |
| Low Forecast | $206.48M | $205.21M | $203.16M | $201.08M | $204.07M | $203.62M | $201.67M | $199.03M | $204.18M | $203.69M | $201.34M | $140.52M | $201.93M | $200.53M | $194.79M | $127.75M | $100.78M | $187.33M | $182.69M | $116.13M | $178.29M | $173.94M | $167.39M | $112.39M | $159.12M | $154.55M | $148.71M | $90.07M | $141.67M | $135.32M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.83% | 0.92% | 1.10% | 1.29% | 0.86% | 0.88% | 1.03% | 0.92% | 1.00% | 0.92% | 1.15% | 1.07% | 1.11% | 1.12% | 1.27% | 1.21% | 1.25% |
Dropbox's average Quarter SG&A projection for Mar 24 is $175.65M, based on 2 Wall Street analysts, with a range of $140.52M to $210.78M. The forecast indicates a -2.90% fall compared to DBX last annual SG&A of $180.90M (Dec 23).
Dropbox EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 2 | 2 | 4 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.67 | $0.34 | $0.13 | $0.20 | $0.93 | $0.23 | $0.17 | $0.22 | $0.33 | $0.20 | $0.23 | $0.12 | $-0.84 | $0.08 | $0.04 | $0.09 | $-0.02 | $-0.04 |
| Avg Forecast | $0.70 | $0.70 | $0.69 | $0.68 | $0.67 | $0.66 | $0.64 | $0.63 | $0.62 | $0.53 | $0.52 | $0.50 | $0.48 | $0.49 | $0.46 | $0.37 | $0.39 | $0.38 | $0.37 | $0.37 | $0.37 | $0.35 | $0.33 | $0.31 | $0.24 | $0.18 | $0.17 | $0.14 | $0.14 | $0.11 |
| High Forecast | $0.71 | $0.71 | $0.70 | $0.68 | $0.68 | $0.67 | $0.65 | $0.64 | $0.63 | $0.53 | $0.52 | $0.50 | $0.49 | $0.52 | $0.46 | $0.38 | $0.40 | $0.38 | $0.37 | $0.37 | $0.37 | $0.35 | $0.33 | $0.31 | $0.24 | $0.18 | $0.17 | $0.14 | $0.14 | $0.11 |
| Low Forecast | $0.69 | $0.70 | $0.68 | $0.67 | $0.66 | $0.65 | $0.64 | $0.62 | $0.60 | $0.53 | $0.52 | $0.50 | $0.46 | $0.47 | $0.45 | $0.37 | $0.39 | $0.38 | $0.37 | $0.37 | $0.37 | $0.35 | $0.33 | $0.31 | $0.24 | $0.18 | $0.17 | $0.14 | $0.14 | $0.11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.40% | 0.69% | 0.29% | 0.54% | 2.36% | 0.61% | 0.46% | 0.59% | 0.90% | 0.56% | 0.70% | 0.39% | -3.56% | 0.43% | 0.23% | 0.66% | -0.14% | -0.37% |
According to 2 Wall Street analysts, Dropbox's projected average Quarter EPS for Mar 24 is $0.50, with a low estimate of $0.50 and a high estimate of $0.50. This represents a -25.88% decrease compared to DBX previous annual EPS of $0.67 (Dec 23).
Dropbox Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| WEX | WEX | $173.79 | $220.33 | 26.78% | Hold |
| CCSI | Consensus Cloud Solutions | $24.33 | $30.00 | 23.30% | Buy |
| AKAM | Akamai | $97.36 | $116.57 | 19.73% | Buy |
| VRSN | VeriSign | $195.21 | $232.50 | 19.10% | Buy |
| CCCS | CCC Intelligent Solutions | $12.10 | $14.33 | 18.43% | Buy |
| OKTA | Okta | $85.42 | $93.38 | 9.32% | Hold |
| EVCM | EverCommerce | $12.05 | $13.00 | 7.88% | Buy |
| ACIW | ACI Worldwide | $53.77 | $58.00 | 7.87% | Buy |
| IOT | Samsara | $46.78 | $49.20 | 5.17% | Buy |
| CHKP | Check Point Software | $187.71 | $197.22 | 5.07% | Buy |
| GDDY | GoDaddy | $207.46 | $205.50 | -0.94% | Buy |
| DBX | Dropbox | $30.80 | $30.33 | -1.53% | Buy |
| QLYS | Qualys | $145.90 | $142.00 | -2.67% | Buy |
| CSGS | CSG Systems | $53.57 | $52.00 | -2.93% | Buy |
| FFIV | F5 | $259.80 | $226.22 | -12.93% | Hold |