![]() This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. The company has an average price target of 29.43 with a high of 35.00 and a low of 25.00. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. In the last 3 months, 7 analysts have offered 12-month price targets for Dropbox. This means that if you invested $100 now, your current investment may be worth 158.12$ on 2024 August 28, Wednesday. Dropbox annual/quarterly revenue history and growth rate from 2016 to 2023. Total sales rose 12.9 from a year ago and beat the top-end of managements guidance amid heightened demand. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.įuture price of the stock is predicted at 43.166839359538$ ( 58.12% ) after a year according to our prediction system. Dropbox didnt need the metaverse to deliver very solid results in the third quarter. Im raising my year-end price target on Dropbox to 32, representing a 13x EV/FY24 FCF multiple and 15 upside from current levels, up from a prior price target of 28. ![]() If you had invested in Dropbox stock at 28.48, your return over the last 5 years would have been -6.07, for an annualized return of -1. ![]() Our site uses a custom algorithm based on Deep Learning that helps our users to decide if DBX could be a good portfolio addition. stock was originally listed at a price of 28.48 in Mar 23, 2018. stock forecastĪs of 2023 August 28, Monday current price of DBX stock is 27.300$ and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).ĭropbox Inc - Class A stock price as been showing a rising tendency so we believe that similar market segments were very popular in the given time frame. It doesn't matter too much if it comes in the form of salary, stock. Earnings vs Industry: DBX earnings growth over the past year (53.2) exceeded the Software industry 6.4. I just wanted to reiterate my excitement about the opportunity at Dropbox. Accelerating Growth: DBXs earnings growth over the past year (53.2) is below its 5-year average (69 per year). ![]() According to the current price, Dropbox is 90.04 away from the 52-week high. Earnings Trend: DBX has become profitable over the past 5 years, growing earnings by 69 per year. 1 year Dropbox Inc - Class A Forecast: 43.166839359538 *ĥ year Dropbox Inc - Class A Forecast: 130.136 * About the Dropbox, Inc. The high in the last 52 weeks of Dropbox stock was 28.68. ![]()
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