Dropbox, Inc. which can be found using ticker (DBX) have now 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 with the average target price sitting at $26.73. Now with the previous closing price of $20.52 this indicates there is a potential upside of 30.3%. The 50 day moving average now sits at $22.04 and the 200 day moving average is $22.11. The market capitalization for the company is $7,454m. Visit the company website at: https://www.dropbox.com
The potential market cap would be $9,710m 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 13.35, revenue per share of 6.44 and a 7.21% return on assets.
