Dropbox with ticker code (DBX) now have 9 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 37 and 22 calculating the average target price we see 28.11. Given that the stocks previous close was at 18.78 this would imply there is a potential upside of 49.7%. The 50 day MA is 20.03 and the 200 day MA is 20.64. The market capitalisation for the company is $7,916m. Find out more information at: http://www.dropbox.com
Dropbox provides a collaboration platform worldwide. The company’s platform allows individuals, 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, 2019, it had approximately 600 million registered users across 180 countries. The company was formerly known as Evenflow and changed its name to Dropbox in October 2009. Dropbox was founded in 2007 and is headquartered in San Francisco, California.