Analysts have clear opinions on DBX.
There are 7 analysts on the Wall offering 12 month price targets for Dropbox in the last 3 months. The average price target is $27.80 with a high forecast of $33.00 and a low forecast of $19.00. The average price target represents a 51.83% increase from the last price of $18.31.
Dropbox, Inc. (DBX) is followed by 7 analysts on the street.
Brent Thill from Jefferies rates it a Hold with a target of $19.00.
Similarly, 2 months ago Jason Ader of William Blair Reiterated a Buy with a target of —.
The consensus on the street is Moderate Buy.
What does Dropbox, Inc.(DBX) do ?
Dropbox, Inc. is a collaboration platform that’s transforming the way people and teams work together. It offers following products: Dropbox Basic, Plus, Professional and Business. The Dropbox Basic is the simple, powerful home for photos, videos, docs, and other files. Its users also get access to new product Dropbox Paper, a collaborative workspace that helps teams create and share early ideas, and work with any type of content, in one centralized place. The Dropbox Plus provides unrivalled sync along with 1 TB of space, powerful sharing features, and increased control. The Dropbox Professional allows independent workers to store, share, and track their work from one place. The Dropbox Business is designed for small to enterprise level businesses, which users get full visibility and control over how critical work files are accessed and shared while letting team members continue to use the products. Dropbox was founded by Andrew W. Houston and Arash Ferdowsi in June 2007 and is headquartered in San Francisco, CA.
Dropbox, Inc. (DBX) Insider Trades
Multiple company employees have indulged in significant insider trading. Dropbox, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
Chief Accounting Officer, Regan Timothy : S – Sale(-$54,630) of DBX in the trading session of 2019-12-20.
CTO Clark Quentin : S – Sale(-$158,409) of DBX in the trading session of 2019-11-25.
Chief Accounting Officer Regan Timothy : S – Sale(-$56,610) of Dropbox, Inc. in the trading session of 2019-11-20.