Dropbox, Inc. which can be found using ticker (DBX) have now 10 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The range between the high target price and low target price is between 34 and 20 with the average target price sitting at $26.73. Now with the previous closing price of $22.05 this now indicates there is a potential upside of 21.2%. The day 50 moving average is $21.37 and the 200 moving average now moves to $22.07. The market cap for the company is $7,798m. Visit the company website at: https://www.dropbox.com
The potential market cap would be $9,453m based on the market consensus.
Dropbox, Inc. provides a content collaboration platform worldwide. The company’s platform allows individuals, families, teams, and organizations to collaborate and sign up for free through its website or app, as well as upgrade to a paid subscription plan for premium features. It serves customers in professional services, technology, media, education, industrial, consumer and retail, and financial services industries. The company was formerly known as Evenflow, Inc. and changed its name to Dropbox, Inc. in October 2009. Dropbox, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 14.41, revenue per share of 6.44 and a 7.21% return on assets.
