Dropbox, Inc. found using ticker (DBX) now have 11 analysts covering the stock with the consensus suggesting 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 26.75. Given that the stocks previous close was at 24.06 this would indicate that there is a potential upside of 11.2%. There is a 50 day moving average of 22.84 and the 200 day MA is 22.07. The company has a market cap of $8,503m. Visit the company website at: https://www.dropbox.com
The potential market cap would be $9,453m based on the market concensus.
Dropbox, Inc. provides a content collaboration platform worldwide. Its 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. As of December 31, 2021, the company had approximately 700 million registered users. 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.
