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Dropbox Analyst Ratings

Benzinga ·  Sep 18, 2023 09:27
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/18/2023 11.32% Citigroup $30 → $30 Maintains Neutral
08/31/2023 18.74% JMP Securities → $32 Reiterates Market Outperform → Market Outperform
08/04/2023 18.74% RBC Capital $30 → $32 Maintains Outperform
08/04/2023 3.9% Goldman Sachs $25 → $28 Maintains Neutral
08/04/2023 -18.37% Credit Suisse $18 → $22 Maintains Underperform
08/04/2023 18.74% JMP Securities $30 → $32 Maintains Outperform
08/04/2023 29.87% Keybanc $32 → $35 Maintains Overweight
07/21/2023 11.32% Citigroup $27 → $30 Maintains Neutral
07/18/2023 18.74% Keybanc $27 → $32 Maintains Overweight
06/22/2023 0.19% Citigroup $24 → $27 Maintains Neutral
05/09/2023 -7.24% Goldman Sachs $22 → $25 Maintains Neutral
05/08/2023 -7.24% Goldman Sachs $22 → $25 Upgrades Sell → Neutral
05/05/2023 -33.21% Credit Suisse $20 → $18 Maintains Underperform
05/05/2023 11.32% JMP Securities → $30 Maintains Market Outperform
05/05/2023 0.19% Keybanc $29 → $27 Maintains Overweight
02/17/2023 -25.79% Credit Suisse → $20 Reiterates → Underperform
02/17/2023 -7.24% Citigroup $24 → $25 Maintains Neutral
02/17/2023 7.61% Keybanc $30 → $29 Maintains Overweight
01/05/2023 -7.24% Jefferies $28 → $25 Downgrades Buy → Hold
11/22/2022 -25.79% Credit Suisse → $20 Initiates Coverage On → Underperform
11/07/2022 -18.37% Goldman Sachs $25 → $22 Maintains Sell
10/31/2022 3.9% Jefferies $30 → $28 Maintains Buy
09/13/2022 11.32% Keybanc → $30 Initiates Coverage On → Overweight
09/06/2022 26.16% B of A Securities → $34 Initiates Coverage On → Buy
09/01/2022 -10.95% Citigroup → $24 Initiates Coverage On → Neutral
05/23/2022 11.32% Jefferies $35 → $30 Maintains Buy
12/02/2021 -7.24% Berenberg → $25 Initiates Coverage On → Hold
08/06/2021 44.71% JMP Securities $37 → $39 Maintains Market Outperform
08/06/2021 41% RBC Capital $35 → $38 Maintains Outperform
06/11/2021 29.87% RBC Capital $28 → $35 Assumes → Outperform
05/14/2021 -3.53% Goldman Sachs → $26 Initiates Coverage On → Sell
01/15/2021 KeyBanc Initiates Coverage On → Sector Weight
07/31/2020 -7.24% B of A Securities $32 → $25 Downgrades Buy → Neutral
07/20/2020 3.9% Jefferies $22 → $28 Upgrades Hold → Buy
05/15/2020 0.19% Citigroup → $27 Initiates Coverage On → Buy
05/08/2020 11.32% RBC Capital $28 → $30 Maintains Outperform
02/21/2020 11.32% Deutsche Bank $28 → $30 Maintains Buy
02/21/2020 3.9% RBC Capital $30 → $28 Reiterates → Outperform
01/10/2020 -29.5% Jefferies $28 → $19 Downgrades Buy → Hold
10/22/2019 -7.24% Nomura $24 → $25 Upgrades Neutral → Buy
10/08/2019 18.74% Jefferies → $32 Assumes → Buy
08/09/2019 -10.95% Nomura $25 → $24 Maintains Neutral
08/07/2019 -29.5% Bernstein → $19 Initiates Coverage On → Underperform
02/22/2019 22.45% B of A Securities → $33 Upgrades Neutral → Buy
12/11/2018 William Blair Initiates Coverage On → Outperform
10/02/2018 -7.24% 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 Citigroup on September 18, 2023. The analyst firm set a price target for $30.00 expecting DBX to rise to within 12 months (a possible 11.32% upside). 22 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 Citigroup, and Dropbox maintained their neutral 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 September 18, 2023 so you should expect the next rating to be made available sometime around September 18, 2024.

Is the Analyst Rating Dropbox (DBX) correct?

While ratings are subjective and will change, the latest Dropbox (DBX) rating was a maintained with a price target of $30.00 to $30.00. The current price Dropbox (DBX) is trading at is $26.95, which is out of 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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