Dropbox, Inc. (DBX)

Dropbox Stock Forecast

Stock Price Forecast

The 6 analysts that cover Dropbox stock have a consensus rating of "Sell" and an average price target of $27.33, which forecasts a 1.90% increase in the stock price over the next year. The lowest target is $23 and the highest is $32.

Price Target: $27.33 (+1.90%)

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$23	$27.33	$28	$32
Change	-14.24%	+1.90%	+4.40%	+19.31%

Analyst Ratings

The average analyst rating for Dropbox stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	0
Buy	1	1	1	1	1	1
Hold	4	4	4	3	3	3
Sell	0	0	0	1	1	1
Strong Sell	1	1	2	2	2	2
Total	7	7	8	8	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Steven Enders Citigroup	Citigroup	Hold Maintains $27 → $28	Hold	Maintains	$27 → $28	+4.40%	May 11, 2026
Rishi Jaluria RBC Capital	RBC Capital	Buy Maintains $30 → $32	Buy	Maintains	$30 → $32	+19.31%	May 8, 2026
Jason Ader William Blair	William Blair	Hold → Sell Downgrades n/a	Hold → Sell	Downgrades	n/a	n/a	Mar 23, 2026
Mark Murphy JP Morgan	JP Morgan	Hold Maintains $29 → $25	Hold	Maintains	$29 → $25	-6.79%	Feb 20, 2026
Seth Gilbert UBS	UBS	Strong Sell Maintains $27 → $23	Strong Sell	Maintains	$27 → $23	-14.24%	Feb 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.53B

Increased by 0.20%

from 2.52B

Revenue Next Year

2.52B

Decreased by -0.36%

from 2.53B

EPS This Year

3.01

Increased by 61.58%

from 1.86

EPS Next Year

3.40

Increased by 13.22%

from 3.01

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.16B	2.32B	2.50B	2.55B	2.52B	2.53B	2.52B
Revenue Growth	12.75%	7.74%	7.60%	1.86%	-1.07%	0.20%	-0.36%
EPS	0.87	1.52	1.31	1.40	1.86	3.01	3.40
EPS Growth	-	75.92%	-13.96%	6.87%	32.86%	61.58%	13.22%
Forward PE	-	-	-	-	-	8.92	7.88
No. Analysts	-	-	-	-	-	10	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030	2031	2032	2033
High	2.6B	2.7B
Avg	2.5B	2.5B
Low	2.4B	2.4B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	5.0%	6.7%
Avg	0.2%	-0.4%
Low	-3.1%	-5.3%

EPS Forecast

EPS	2026	2027	2028	2029	2030	2031	2032	2033
High	3.32	3.87
Avg	3.01	3.40
Low	2.80	2.95

EPS Growth

EPS Growth	2026	2027	2028	2029	2030	2031	2032	2033
High	78.4%	28.9%
Avg	61.6%	13.2%
Low	50.7%	-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 sources.