Dropbox (DBX) Stock Forecast and Price Target

Dropbox is a leading cloud storage and collaboration platform that empowers individuals and teams to access, share, and store their files securely. With over 700 million registered users and a presence in over 180 countries, Dropbox delivers seamless collaboration across devices and platforms, enabling people to work smarter and more efficiently. The company is committed to building a sustainable future, with a focus on reducing its environmental impact through renewable energy, sustainable practices, and community engagement. With a strong dedication to user privacy, security, and innovation, Dropbox is a trusted partner for individuals and businesses alike. Leading analyst firms have recently published forecasts for Dropbox (DBX) stock for 2023, with the expectation that the forecast will come true within the next 12 months. Taking into account the latest price targets from these firms, it is noted that the consensus rating for Dropbox (DBX) stock is "Buy". As of March 30, 2023, the stock is trading at a price of $21, with an upside potential of +39.68% from this current price. The average target price for the next 12 months is predicted to be $29.33. These forecasts are updated on a monthly basis.