On May 9, 2025, Citigroup analyst Steven Enders announced an update on Dropbox (DBX, Financial), maintaining a "Neutral" rating while raising the price target from USD 30.00 to USD 32.00. This adjustment reflects a 6.67% increase from the prior price target, indicating a moderate positive outlook on the company's future performance.
The updated price target and rating reflect Citigroup's current valuation and assessment of Dropbox's market position and potential growth. Investors should consider the adjusted target when evaluating their investment strategies regarding Dropbox (DBX, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Dropbox Inc (DBX, Financial) is $28.78 with a high estimate of $35.00 and a low estimate of $21.00. The average target implies an downside of 2.79% from the current price of $29.61. More detailed estimate data can be found on the Dropbox Inc (DBX) Forecast page.
Based on the consensus recommendation from 12 brokerage firms, Dropbox Inc's (DBX, Financial) average brokerage recommendation is currently 3.2, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dropbox Inc (DBX, Financial) in one year is $29.43, suggesting a downside of 0.59% from the current price of $29.605. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dropbox Inc (DBX) Summary page.
