Do analysts agree on Dropbox (dbx) stock's price target?
10 Wall Street analysts have issued ratings and price targets for Dropbox in the last 12 months. Their average twelve-month price target is $28.78, suggesting that the stock has a possible upside of 51.62%. The high price target for DBX is $35.00 and the low price target for DBX is $19.00.
Who owns dbx stock?
DBX stock was acquired by a variety of institutional investors in the last quarter, including Carret Asset Management LLC. View insider buying and selling activity for Dropbox or or view top insider-buying stocks. How do I buy shares of Dropbox? Shares of DBX can be purchased through any online brokerage account.
How much did dbx raise in an IPO in 2018?
(DBX) raised $612 million in an IPO on Friday, March 23rd 2018. The company issued 36,000,000 shares at $16.00-$18.00 per share.
Do analysts like Dropbox stock compared to its competitors?
Analysts like Dropbox stock less than the stock of other Computer and Technology companies. The consensus rating score for Dropbox is 2.50 while the average consensus rating score for computer and technology companies is 2.62. Learn more Do MarketBeat users like Dropbox more than its competitors?
Is dbx stock a buy?
According to the issued ratings of 5 analysts in the last year, the consensus rating for Dropbox stock is Moderate Buy based on the current 1 hold rating and 4 buy ratings for DBX. The average twelve-month price prediction for Dropbox is $30.75 with a high price target of $38.00 and a low price target of $25.00.
What is the price target for Dropbox?
Stock Price TargetsHigh$38.00Median$30.00Low$25.00Average$32.20Current Price$21.28
Is Dropbox a Buy sell or Hold?
Dropbox has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Is ZY stock a good buy?
Out of 7 analysts, 0 (0%) are recommending ZY as a Strong Buy, 0 (0%) are recommending ZY as a Buy, 4 (57.14%) are recommending ZY as a Hold, 2 (28.57%) are recommending ZY as a Sell, and 1 (14.29%) are recommending ZY as a Strong Sell.
Will DBX go up?
The 5 analysts offering 12-month price forecasts for Dropbox Inc have a median target of 30.00, with a high estimate of 38.00 and a low estimate of 25.00. The median estimate represents a +36.89% increase from the last price of 21.92.
Is Dropbox a buy Zacks?
Zacks' proprietary data indicates that Dropbox, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the DBX shares relative to the market in the next few months.
Why are Dropbox shares dropping?
Key Points. Dropbox stock dropped 19.3% in November after Q3 earnings results. The results looked strong, so the sell-off probably came from broad market pressure on tech stocks. The stock now trades at a price-to-free cash flow ratio of 12.5.
Should I sell Zymergen?
8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zymergen in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Zymergen stock.
What is DBX’s average 12-month price target, according to analysts?
Based on analyst ratings, Dropbox’s 12-month average price target is $32.67.
What is DBX’s upside potential, based on the analysts’ average price target?
Dropbox has 41.61% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
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Stock Price Forecast
Analyst Recommendations
The 6 analysts offering 12-month price forecasts for Dropbox Inc have a median target of 34.00, with a high estimate of 40.00 and a low estimate of 25.00. The median estimate represents a +47.63% increase from the last price of 23.03.
Dropbox Inc Stock Forecast
The current consensus among 10 polled investment analysts is to Buy stock in Dropbox Inc. This rating has held steady since February, when it was unchanged from a Buy rating. Move your mouse over past months for detail
Will Dropbox Inc Stock Go Up Next Year?
Over the next 52 weeks, Dropbox Inc has on average historically fallen by 1.1 % based on the past 3 years of stock performance.
Dropbox Inc Stock Price History
Over the next 52 weeks, Dropbox Inc has on average historically fallen by 1.1% based on the past 3 years of stock performance.
Stock Predictions
Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and DBX is experiencing selling pressure, which indicates risk of future bearish movement.
DBX earnings per share forecast
Is Dropbox Inc stock public? Yes, Dropbox Inc is a publicly traded company.
DBX revenue forecast
What is DBX 's earnings per share in the next 2 years based on estimates from 4 analyst s?
DBX earnings growth forecast
What is DBX 's revenue in the next 3 years based on estimates from 4 analyst s?
DBX revenue growth forecast
How is DBX forecast to perform vs Software - Infrastructure companies and vs the US market?
Dropbox (NASDAQ:DBX) Price Target and Consensus Rating
How is DBX forecast to perform vs Software - Infrastructure companies and vs the US market?
Analyst Ratings By Month
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy).
Average Share Price and Price Target by Month
The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Dropbox (NASDAQ:DBX) Analyst Ratings Frequently Asked Questions
The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target.
DBX : Dropbox stock forecast by Wall Street Analysts
According to the issued ratings of 6 analysts in the last year, the consensus rating for Dropbox stock is Buy based on the current 1 sell rating, 1 hold rating and 4 buy ratings for DBX. The average twelve-month price target for Dropbox is $33.60 with a high price target of $40.00 and a low price target of $25.00.
Frequently Asked Questions about Dropbox stock forecast
Also, this average forecast of $25.0 represents a -27.54% decrease from the past average forecast of $34.5, 6 months ago from 4 wall street analysts.
Release
Risks
- 8 brokers have issued 1-year target prices for Dropbox's stock. Their forecasts range from $25.00 to $37.00. On average, they anticipate Dropbox's share price to reach $32.50 in the next year. This suggests a possible upside of 38.3% from the stock's current price. View Analyst Price Targets for Dropbox.
Ratings
- 8 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Dropbox in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of \"Buy.\" View Analyst Ratings for Dropbox. Headlines about DBX stock have trended somewhat positive this week, according to InfoTrie. The research group identifies positi…
Funding
- (DBX) raised $612 million in an initial public offering on Friday, March 23rd 2018. The company issued 36,000,000 shares at $16.00-$18.00 per share. Goldman Sachs, J.P. Morgan, Deutsche Bank Securities, Allen & Company and BofA Merrill Lynch served as the underwriters for the IPO and RBC Capital Markets, Jefferies, Macquarie Capital, Canaccord Genuity, JMP Securities, KeyB…
Ownership
- Dropbox's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.29%), Pictet Asset Management Ltd. (1.02%), First Trust Advisors LP (0.98%), Wells Fargo & Company MN (0.89%), Victory Capital Management Inc. (0.48%) and Federated Investors Inc. PA (0.40%). Company insiders that own Dropbox stock incl…
Business
- Dropbox has a market capitalization of $9.66 billion and generates $1.39 billion in revenue each year. The company earns $-484,900,000.00 in net income (profit) each year or ($1.31) on an earnings per share basis. Dropbox employs 2,323 workers across the globe.
Location
- Dropbox's mailing address is 333 BRANNAN STREET, SAN FRANCISCO CA, 94107. The company can be reached via phone at 415-857-6800 or via email at [email protected].