Dropbox, Inc. found using ticker (DBX) have now 10 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 and has a mean target at 26.73. With the stocks previous close at 19.12 this indicates there is a potential upside of 39.8%. The 50 day MA is 22.29 and the 200 day moving average is 22.13. The company has a market capitalisation of $6,789m. You can visit the company’s website by visiting: https://www.dropbox.com
The potential market cap would be $9,490m based on the market concensus.
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.
