Dropbox, Inc. (DBX)
NASDAQ: DBX · Real-Time Price · USD
30.25
+0.46 (1.54%)
At close: Dec 20, 2024, 4:00 PM
30.03
-0.22 (-0.73%)
After-hours: Dec 20, 2024, 4:54 PM EST
Dropbox Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Dropbox stock have an average target of 28.67, with a low estimate of 24 and a high estimate of 37. The average target predicts a decrease of -5.22% from the current stock price of 30.25.
Analyst Consensus: Hold
* Price targets were last updated on Aug 9, 2024.
Analyst Ratings
The average analyst rating for Dropbox stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 8 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $30 → $28 | Strong Buy | Maintains | $30 → $28 | -7.44% | Aug 9, 2024 |
| Citigroup | Citigroup | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | -17.36% | Jun 26, 2024 |
| Citigroup | Citigroup | Hold Maintains $31 → $27 | Hold | Maintains | $31 → $27 | -10.74% | Mar 22, 2024 |
| JMP Securities | JMP Securities | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Feb 16, 2024 |
| Goldman Sachs | Goldman Sachs | Hold → Strong Sell Downgrades $26 → $24 | Hold → Strong Sell | Downgrades | $26 → $24 | -20.66% | Feb 16, 2024 |
Financial Forecast
Revenue This Year
2.57B
from 2.50B
Increased by 2.69%
Revenue Next Year
2.58B
from 2.57B
Increased by 0.58%
EPS This Year
2.40
from 1.33
Increased by 80.74%
EPS Next Year
2.61
from 2.40
Increased by 8.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.7B | 2.7B | 2.8B | |||
| Avg | 2.6B | 2.6B | 2.6B | |||
| Low | 2.5B | 2.5B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 6.9% | 6.1% | 7.5% | |||
| Avg | 2.7% | 0.6% | 1.7% | |||
| Low | -0.4% | -3.1% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.53 | 2.84 | 2.98 | |||
| Avg | 2.40 | 2.61 | 2.67 | |||
| Low | 2.24 | 2.26 | 2.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 90.3% | 18.0% | 14.5% | |||
| Avg | 80.7% | 8.4% | 2.6% | |||
| Low | 68.8% | -5.8% | -11.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.