Dropbox (DBX) Stock Price Target 2026

The average analyst price target for Dropbox is $30.33, 17.2% below the current price. Of 11 analysts, 2 rate it Buy, 5 Hold and 4 Sell. Targets range from $23 to $42. The latest change came on Nov 3, 2026, when Stephens & Co. initiated coverage of Dropbox with an Equal-Weight rating and a $39 price target.

The Average Analyst Price Target for Dropbox is $30.33.

Price Target Range — 12 Quarters

Analyst Consensus — 11 Analysts

2Buy

5Hold

4Sell

Consensus RatingSell# Analysts11Avg. Consensus PT$30.33Upside to Avg. PT-17.2%

Rating Trend — Last 9 Months

Latest Upgrades and Downgrades for Dropbox Stock

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Nov 3, 2026	Stephens & Co.	Brett Huff	Initiate	Equal-Weight	$39
Sep 24, 2026	Citigroup	Steven Enders	Downgrade	Neutral→Sell	$33→$29
Sep 3, 2026	RBC Capital	Rishi Jaluria	Maintained	Outperform	$42
Aug 7, 2026	Citigroup	Steven Enders	PT Raise	Neutral	$28→$33
Aug 7, 2026	William Blair	Jason Ader	Upgrade	Underperform→Market Perform	—
May 11, 2026	Citigroup	Steven Enders	PT Raise	Neutral	$27→$28
May 8, 2026	RBC Capital	Rishi Jaluria	PT Raise	Outperform	$30→$32
Mar 23, 2026	William Blair	Jason Ader	Downgrade	Market Perform→Underperform	—
Feb 20, 2026	JP Morgan	Mark Murphy	PT Cut	Neutral	$29→$25
Feb 20, 2026	UBS	Seth Gilbert	PT Cut	Sell	$27→$23
Feb 20, 2026	RBC Capital	Rishi Jaluria	PT Cut	Outperform	$35→$30
Jan 5, 2026	RBC Capital	Rishi Jaluria	PT Cut	Outperform	$38→$35
Nov 7, 2025	RBC Capital	Rishi Jaluria	PT Raise	Outperform	$35→$38
Sep 18, 2025	UBS	Matthew Weston	Assumes	Neutral→Sell	$29→$27
Aug 8, 2025	UBS	Taylor McGinnis	PT Cut	Neutral	$31→$29
May 9, 2025	UBS	Rich Hilliker	PT Raise	Buy	$30→$31
May 9, 2025	Citigroup	Steven Enders	PT Raise	Neutral	$30→$32
Feb 21, 2025	Citigroup	Steven Enders	PT Cut	Neutral	$31→$30
Feb 21, 2025	Citizens Capital Markets	Patrick Walravens	Maintained	Market Perform	—
Jan 6, 2025	Jefferies	Brent Thill	PT Raise	Hold	$27→$30