Dropbox, Inc. with ticker code (DBX) now have 10 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 34 and 20 calculating the mean target price we have $26.73. Given that the stocks previous close was at $21.25 this would imply there is now a potential upside of 25.8%. The 50 day MA is $21.58 and the 200 day moving average is $22.08. The total market capitalization for the company now stands at $7,455m. Visit the company website at: https://www.dropbox.com
The potential market cap would be $9,377m 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 13.96, revenue per share of 6.44 and a 7.21% return on assets.
