Dropbox, Inc. (DBX)
NASDAQ: DBX · IEX Real-Time Price · USD
22.92
-0.07 (-0.30%)
At close: Apr 15, 2024, 4:00 PM
22.81
-0.11 (-0.48%)
After-hours: Apr 15, 2024, 7:46 PM EDT

Dropbox Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for Dropbox stock have an average target of 30.57, with a low estimate of 24 and a high estimate of 37. The average target predicts an increase of 33.38% from the current stock price of 22.92.

Analyst Consensus: Hold
Target Low Average Median High
Price $24 $30.57 $30 $37
Change +4.71% +33.38% +30.89% +61.43%

Analyst Ratings

The average analyst rating for Dropbox stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 011111
Buy 333222
Hold 332333
Sell 100111
Strong Sell 000111
Total 776888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Hold
Maintains
$31$27
Hold Maintains $31$27 +17.80% Mar 22, 2024
Goldman Sachs
Goldman Sachs
Strong Sell
Downgrades
$26$24
Strong Sell Downgrades $26$24 +4.71% Feb 16, 2024
B of A Securities
B of A Securities
Sell
Downgrades
$34$28
Sell Downgrades $34$28 +22.16% Feb 16, 2024
JMP Securities
JMP Securities
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Feb 16, 2024
JP Morgan
JP Morgan
Hold
Downgrades
$33$30
Hold Downgrades $33$30 +30.89% Feb 16, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.57B
from 2.50B
Increased by 2.81%
Revenue Next Year
2.65B
from 2.57B
Increased by 2.84%
EPS This Year
2.05
from 1.31
Increased by 56.51%
EPS Next Year
2.20
from 2.05
Increased by 7.11%
Year 2019202020212022202320242025202620272028
Revenue
1.66B1.91B2.16B2.32B2.50B2.57B2.65B2.77B3.22B3.42B
Revenue Growth
19.37%15.20%12.75%7.74%7.60%2.81%2.84%4.69%16.32%6.05%
EPS
-0.13-0.620.851.521.312.052.202.422.44-
EPS Growth
---78.82%-13.82%56.51%7.11%10.01%1.17%-
No. Analysts -----1313622
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.7B 2.8B 3.0B 3.3B 3.6B
Avg 2.6B 2.6B 2.8B 3.2B 3.4B
Low 2.5B 2.5B 2.6B 3.1B 3.3B

Revenue Growth

Revenue Growth 20242025202620272028
High
8.4%
10.7%
15.2%
20.9%
10.2%
Avg
2.8%
2.8%
4.7%
16.3%
6.1%
Low
-0.7%
-2.1%
-3.6%
12.9%
2.9%

EPS Forecast

EPS 2024202520262027
High 2.31 2.45 2.78 2.54
Avg 2.05 2.20 2.42 2.44
Low 1.90 1.97 2.16 2.37

EPS Growth

EPS Growth 2024202520262027
High
76.3%
19.3%
26.7%
5.2%
Avg
56.5%
7.1%
10.0%
1.2%
Low
45.1%
-3.9%
-1.8%
-1.8%
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.