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Dropbox Analyst Ratings

Benzinga ·  Aug 31, 2023 08:01
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
08/31/2023 16.07% JMP Securities → $32 Reiterates Market Outperform → Market Outperform
08/04/2023 16.07% RBC Capital $30 → $32 Maintains Outperform
08/04/2023 1.56% Goldman Sachs $25 → $28 Maintains Neutral
08/04/2023 -20.2% Credit Suisse $18 → $22 Maintains Underperform
08/04/2023 16.07% JMP Securities $30 → $32 Maintains Outperform
08/04/2023 26.95% Keybanc $32 → $35 Maintains Overweight
07/21/2023 8.81% Citigroup $27 → $30 Maintains Neutral
07/18/2023 16.07% Keybanc $27 → $32 Maintains Overweight
06/22/2023 -2.07% Citigroup $24 → $27 Maintains Neutral
05/09/2023 -9.32% Goldman Sachs $22 → $25 Maintains Neutral
05/08/2023 -9.32% Goldman Sachs $22 → $25 Upgrades Sell → Neutral
05/05/2023 -34.71% Credit Suisse $20 → $18 Maintains Underperform
05/05/2023 8.81% JMP Securities → $30 Maintains Market Outperform
05/05/2023 -2.07% Keybanc $29 → $27 Maintains Overweight
02/17/2023 -27.46% Credit Suisse → $20 Reiterates → Underperform
02/17/2023 -9.32% Citigroup $24 → $25 Maintains Neutral
02/17/2023 5.19% Keybanc $30 → $29 Maintains Overweight
01/05/2023 -9.32% Jefferies $28 → $25 Downgrades Buy → Hold
11/22/2022 -27.46% Credit Suisse → $20 Initiates Coverage On → Underperform
11/07/2022 -20.2% Goldman Sachs $25 → $22 Maintains Sell
10/31/2022 1.56% Jefferies $30 → $28 Maintains Buy
09/13/2022 8.81% Keybanc → $30 Initiates Coverage On → Overweight
09/06/2022 23.32% B of A Securities → $34 Initiates Coverage On → Buy
09/01/2022 -12.95% Citigroup → $24 Initiates Coverage On → Neutral
05/23/2022 8.81% Jefferies $35 → $30 Maintains Buy
12/02/2021 -9.32% Berenberg → $25 Initiates Coverage On → Hold
08/06/2021 41.46% JMP Securities $37 → $39 Maintains Market Outperform
08/06/2021 37.83% RBC Capital $35 → $38 Maintains Outperform
06/11/2021 26.95% RBC Capital $28 → $35 Assumes → Outperform
05/14/2021 -5.69% Goldman Sachs → $26 Initiates Coverage On → Sell
01/15/2021 KeyBanc Initiates Coverage On → Sector Weight
07/31/2020 -9.32% B of A Securities $32 → $25 Downgrades Buy → Neutral
07/20/2020 1.56% Jefferies $22 → $28 Upgrades Hold → Buy
05/15/2020 -2.07% Citigroup → $27 Initiates Coverage On → Buy
05/08/2020 8.81% RBC Capital $28 → $30 Maintains Outperform
02/21/2020 8.81% Deutsche Bank $28 → $30 Maintains Buy
02/21/2020 1.56% RBC Capital $30 → $28 Reiterates → Outperform
01/10/2020 -31.08% Jefferies $28 → $19 Downgrades Buy → Hold
10/22/2019 -9.32% Nomura $24 → $25 Upgrades Neutral → Buy
10/08/2019 16.07% Jefferies → $32 Assumes → Buy
08/09/2019 -12.95% Nomura $25 → $24 Maintains Neutral
08/07/2019 -31.08% Bernstein → $19 Initiates Coverage On → Underperform
02/22/2019 19.7% B of A Securities → $33 Upgrades Neutral → Buy
12/11/2018 William Blair Initiates Coverage On → Outperform
10/02/2018 -9.32% Nomura $21 → $25 Upgrades Reduce → Neutral

What is the target price for Dropbox (DBX)?

The latest price target for Dropbox (NASDAQ: DBX) was reported by JMP Securities on August 31, 2023. The analyst firm set a price target for $32.00 expecting DBX to rise to within 12 months (a possible 16.07% upside). 24 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Dropbox (DBX)?

The latest analyst rating for Dropbox (NASDAQ: DBX) was provided by JMP Securities, and Dropbox reiterated their market outperform rating.

When is the next analyst rating going to be posted or updated for Dropbox (DBX)?

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 August 31, 2023 so you should expect the next rating to be made available sometime around August 31, 2024.

Is the Analyst Rating Dropbox (DBX) correct?

While ratings are subjective and will change, the latest Dropbox (DBX) rating was a reiterated with a price target of $0.00 to $32.00. The current price Dropbox (DBX) is trading at is $27.57, which is within the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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