Dropbox, Inc. which can be found using ticker (DBX) have now 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $33.00 and $20.00 suggesting an average Analsyt target price of $27.75. Given that the stocks previous close was at $27.06 and the analysts are correct then we can expect a percentage increase in value of 2.5%. The 50 day moving average now sits at $25.82 while the 200 day moving average is $24.29. The company has a market capitalization of 8.16B. The price for the stock stands currently at: $26.38 USD
The potential market cap would be $8,365,601,618 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 15.25, revenue per share of $7.76 and a 10.5% 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.
