Dropbox, Inc. with ticker code (DBX) have now 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $35.00 and $28.00 calculating the mean target price we have $31.14. Given that the stocks previous close was at $26.30 and the analysts are correct then there would likely be a percentage uptick in value of 18.4%. Also worth taking note is the 50 day moving average now sits at $27.25 and the 200 moving average now moves to $24.42. The total market capitalization for the company now stands at 8.93B. The stock price for the company is currently $26.35 USD
The potential market cap would be $10,570,976,289 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.05, revenue per share of $6.93 and a 7.83% return on assets.
Dropbox, Inc. is a provider of collaboration platforms. The Company offers solutions, which allow individuals, teams, and organizations to collaborate and focus on their work. Its products include Dropbox Passwords, Vault, Computer Backup, Dropbox Sign, DocSend, Dropbox Capture, and FormSwift. Its Dropbox Passwords allows users to sign-in to Websites and applications by creating and storing usernames and passwords across devices. Its Vault helps to secure and organize sensitive information in the cloud. DocSend is a document sharing and analytics platform that gives customers visibility into what happens to their documents after they send them. FormSwift is a cloud-based service that gives individuals and businesses a solution to create, complete, edit, and save critical business forms and agreements. Dropbox Sign is an e-signature and document workflow platform that enables customers to sign, send, and receive documents through its intuitive Web and mobile-based interfaces.
