Dropbox Inc has a consensus price target of $29.56 based on the ratings of 11 analysts. The high is $37 issued by Keybanc on January 19, 2024. The low is $22 issued by Credit Suisse on August 4, 2023. The 3 most-recent analyst ratings were released by UBS, Citigroup, and Jefferies on May 9, 2025, May 9, 2025, and January 6, 2025, respectively. With an average price target of $31 between UBS, Citigroup, and Jefferies, there's an implied 3.78% upside for Dropbox Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
---|---|---|---|---|---|---|---|---|
05/09/2025 | Buy Now | 3.78% | UBS | Rich Hilliker54% | $30 → $31 | Maintains | Buy | Get Alert |
05/09/2025 | Buy Now | 7.13% | Citigroup | Steven Enders72% | $30 → $32 | Maintains | Neutral | Get Alert |
02/21/2025 | Buy Now | — | Citizens Capital Markets | Patrick Walravens67% | — | Reiterates | Market Perform → Market Perform | Get Alert |
01/06/2025 | Buy Now | 0.44% | Jefferies | Brent Thill78% | $27 → $30 | Maintains | Hold | Get Alert |
08/09/2024 | Buy Now | -6.26% | UBS | Rich Hilliker54% | $30 → $28 | Maintains | Buy | Get Alert |
06/26/2024 | Buy Now | -16.3% | Citigroup | Steven Enders72% | $26 → $25 | Maintains | Neutral | Get Alert |
03/22/2024 | Buy Now | -9.61% | Citigroup | Steven Enders72% | $31 → $27 | Maintains | Neutral | Get Alert |
02/16/2024 | Buy Now | — | JMP Securities | Patrick Walravens67% | — | Downgrade | Market Outperform → Market Perform | Get Alert |
02/16/2024 | Buy Now | -19.65% | Goldman Sachs | Kash Rangan66% | $26 → $24 | Downgrade | Neutral → Sell | Get Alert |
02/16/2024 | Buy Now | -6.26% | B of A Securities | Michael Funk49% | $34 → $28 | Downgrade | Buy → Underperform | Get Alert |
02/16/2024 | Buy Now | 0.44% | JP Morgan | Mark Murphy77% | $33 → $30 | Downgrade | Overweight → Neutral | Get Alert |
01/19/2024 | Buy Now | 23.87% | Keybanc | Thomas Blakey68% | $32 → $37 | Maintains | Overweight | Get Alert |
12/15/2023 | Buy Now | 20.52% | UBS | Rich Hilliker54% | → $36 | Initiates | → Buy | Get Alert |
09/18/2023 | Buy Now | 0.44% | Citigroup | Steven Enders72% | $30 → $30 | Maintains | Neutral | Get Alert |
08/31/2023 | Buy Now | 7.13% | JMP Securities | Patrick Walravens67% | → $32 | Reiterates | Market Outperform → Market Outperform | Get Alert |
08/04/2023 | Buy Now | 7.13% | RBC Capital | Rishi Jaluria54% | $30 → $32 | Maintains | Outperform | Get Alert |
08/04/2023 | Buy Now | -6.26% | Goldman Sachs | Kash Rangan66% | $25 → $28 | Maintains | Neutral | Get Alert |
08/04/2023 | Buy Now | -26.35% | Credit Suisse | Rich Hilliker54% | $18 → $22 | Maintains | Underperform | Get Alert |
08/04/2023 | Buy Now | 7.13% | JMP Securities | Patrick Walravens67% | $30 → $32 | Maintains | Outperform | Get Alert |
08/04/2023 | Buy Now | 17.17% | Keybanc | Thomas Blakey68% | $32 → $35 | Maintains | Overweight | Get Alert |
07/21/2023 | Buy Now | 0.44% | Citigroup | Steven Enders72% | $27 → $30 | Maintains | Neutral | Get Alert |
07/18/2023 | Buy Now | 7.13% | Keybanc | Thomas Blakey68% | $27 → $32 | Maintains | Overweight | Get Alert |
06/22/2023 | Buy Now | -9.61% | Citigroup | Steven Enders72% | $24 → $27 | Maintains | Neutral | Get Alert |
05/09/2023 | Buy Now | -16.3% | Goldman Sachs | Kash Rangan66% | $22 → $25 | Maintains | Neutral | Get Alert |
05/08/2023 | Buy Now | -16.3% | Goldman Sachs | Kash Rangan66% | $22 → $25 | Upgrade | Sell → Neutral | Get Alert |
05/05/2023 | Buy Now | -39.74% | Credit Suisse | Rich Hilliker54% | $20 → $18 | Maintains | Underperform | Get Alert |
05/05/2023 | Buy Now | 0.44% | JMP Securities | Patrick Walravens67% | → $30 | Maintains | Market Outperform | Get Alert |
05/05/2023 | Buy Now | -9.61% | Keybanc | Thomas Blakey68% | $29 → $27 | Maintains | Overweight | Get Alert |
02/17/2023 | Buy Now | -33.04% | Credit Suisse | Rich Hilliker54% | → $20 | Reiterates | → Underperform | Get Alert |
02/17/2023 | Buy Now | -16.3% | Citigroup | Steven Enders72% | $24 → $25 | Maintains | Neutral | Get Alert |
02/17/2023 | Buy Now | -2.91% | Keybanc | Thomas Blakey68% | $30 → $29 | Maintains | Overweight | Get Alert |
01/05/2023 | Buy Now | -16.3% | Jefferies | Brent Thill78% | $28 → $25 | Downgrade | Buy → Hold | Get Alert |
11/22/2022 | Buy Now | -33.04% | Credit Suisse | Rich Hilliker54% | → $20 | Initiates | → Underperform | Get Alert |
11/07/2022 | Buy Now | -26.35% | Goldman Sachs | Kash Rangan66% | $25 → $22 | Maintains | Sell | Get Alert |
10/31/2022 | Buy Now | -6.26% | Jefferies | Brent Thill78% | $30 → $28 | Maintains | Buy | Get Alert |
09/13/2022 | Buy Now | 0.44% | Keybanc | Thomas Blakey68% | → $30 | Initiates | → Overweight | Get Alert |
09/06/2022 | Buy Now | 13.83% | B of A Securities | Michael Funk49% | → $34 | Initiates | → Buy | Get Alert |
09/01/2022 | Buy Now | -19.65% | Citigroup | Steven Enders72% | → $24 | Initiates | → Neutral | Get Alert |
05/23/2022 | Buy Now | 0.44% | Jefferies | Brent Thill78% | $35 → $30 | Maintains | Buy | Get Alert |
The latest price target for Dropbox (NASDAQ:DBX) was reported by UBS on May 9, 2025. The analyst firm set a price target for $31.00 expecting DBX to rise to within 12 months (a possible 3.78% upside). 6 analyst firms have reported ratings in the last year.
The latest analyst rating for Dropbox (NASDAQ:DBX) was provided by UBS, and Dropbox maintained their buy rating.
The last upgrade for Dropbox Inc happened on May 8, 2023 when Goldman Sachs raised their price target to $25. Goldman Sachs previously had a sell for Dropbox Inc.
The last downgrade for Dropbox Inc happened on February 16, 2024 when JMP Securities changed their price target from N/A to N/A for Dropbox Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Dropbox, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Dropbox was filed on May 9, 2025 so you should expect the next rating to be made available sometime around May 9, 2026.
While ratings are subjective and will change, the latest Dropbox (DBX) rating was a maintained with a price target of $30.00 to $31.00. The current price Dropbox (DBX) is trading at is $29.87, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.
A newsletter built for market enthusiasts by market enthusiasts. Top stories, top movers, and trade ideas delivered to your inbox every weekday before and after the market closes.