Dropbox (DBX)
(Delayed Data from NSDQ)
$24.70 USD
+0.23 (0.94%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $24.70 0.00 (0.00%) 7:58 PM ET
3-Hold of 5 3
B Value B Growth C Momentum A VGM
Dropbox (DBX) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$28.00 | $37.00 | $24.00 | 14.43% |
Price Target
Based on short-term price targets offered by seven analysts, the average price target for Dropbox comes to $28.00. The forecasts range from a low of $24.00 to a high of $37.00. The average price target represents an increase of 14.43% from the last closing price of $24.47.
Analyst Price Targets (7 )
Broker Rating
Dropbox currently has an average brokerage recommendation (ABR) of 2.80 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms. The current ABR compares to an ABR of 2.80 a month ago based on 10 recommendations.
Of the 10 recommendations deriving the current ABR, two are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 20% and 10% of all recommendations. A month ago, Strong Buy made up 20%, while Buy represented 10%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 2 | 2 | 2 | 2 | 2 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/9/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/9/2024 | JMP Securities | Patrick D Walravens | Hold | Hold |
8/9/2024 | UBS | Richard M Hilliker | Strong Buy | Strong Buy |
8/9/2024 | William Blair | Jason N Ader | Hold | Hold |
6/26/2024 | Not Identified | Not Identified | Hold | Hold |
2/16/2024 | Goldman Sachs | Kasthuri G Rangan | Hold | Strong Sell |
1/19/2024 | KeyBanc Capital Markets | Thomas Blakey | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.80 |
ABR (Last week) | 2.80 |
# of Recs in ABR | 10 |
Average Target Price | $28.00 |
LT Growth Rate | 12.20% |
Industry | Internet - Services |
Industry Rank by ABR | 138 of 253 |
Current Quarter EPS Est: | 0.52 |
DBX FAQs
Dropbox, Inc. (DBX) currently has an average brokerage recommendation (ABR) of 2.80 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 10 brokerage firms.
The average price target for Dropbox, Inc. (DBX) is $28.00. The current on short-term price targets is based on 4 reports.
The forecasts for Dropbox, Inc. (DBX) range from a low of $24 to a high of $37. The average price target represents a increase of $13.36 from the last closing price of $24.70.
The current UPSIDE for Dropbox, Inc. (DBX) is 13.36%
Based on short-term price targets offered by seven analysts, the average price target for Dropbox comes to $28.00. The forecasts range from a low of $24.00 to a high of $37.00. The average price target represents an increase of 14.43% from the last closing price of $24.47.