# Dropbox, Inc.  Share Price Target ‘$32.56’, now -1.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/dropbox-inc.share-price-target-32.56-now-1.0-downside-potential/4121141942
- Published: 2024-02-09T13:14:40+00:00
- Author: Charlotte Edwards

**Dropbox, Inc.** with ticker code (DBX) have now 9 analysts in total covering the
stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges
between $37.00 and $26.00 calculating the mean target share price we have $32.56.(
at the time of writing). Given that the stocks previous close was at $32.89 this
indicates there is a potential downside of -1.0%. Also worth taking note is the 
50 day moving average now sits at $30.30 and the 200 moving average now moves to
$27.03. The market cap for the company is 11.06B. The stock price for the company
is currently $32.78 USD

 The potential market cap would be $10,951,987,899 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 21.01, revenue per share of $7.15
and a 7.81% return on assets.

Dropbox, Inc. is a provider of collaboration platforms. The Company offers solutions,
which allow individuals, teams, and organizations to collaborate and focus on their
work. Its products include Dropbox Passwords, Vault, Computer Backup, Dropbox Sign,
DocSend, Dropbox Capture, and FormSwift. Its Dropbox Passwords allows users to sign-
in to Websites and applications by creating and storing usernames and passwords 
across devices. Its Vault helps to secure and organize sensitive information in 
the cloud. DocSend is a document sharing and analytics platform that gives customers
visibility into what happens to their documents after they send them. FormSwift 
is a cloud-based service that gives individuals and businesses a solution to create,
complete, edit, and save critical business forms and agreements. Dropbox Sign is
an e-signature and document workflow platform that enables customers to sign, send,
and receive documents through its intuitive Web and mobile-based interfaces.

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