Is Dropbox stock a good buy?

On Friday 08/18/2023 the closing price of the Dropbox share was $26.74 on NAS. Compared to the opening price on Friday 08/18/2023 on NAS of $26.42, this is a gain of 1.20%. Dropbox's market capitalization is $9.41 B by 266.85 M shares outstanding. Is Dropbox stock a Buy, Sell or Hold? Dropbox stock has received a consensus rating of hold.

How far is Dropbox stock from the 52-week high?

The high in the last 52 weeks of Dropbox stock was 28.68. According to the current price, Dropbox is 94.86% away from the 52-week high. What are analysts forecasts for Dropbox stock? The 19 analysts offering price forecasts for Dropbox have a median target of 26.16, with a high estimate of 34.00 and a low estimate of 18.00.

What is the target price for Dropbox?

The 19 analysts offering price forecasts for Dropbox have a median target of 26.16, with a high estimate of 34.00 and a low estimate of 18.00. The median estimate represents a 103.98 difference from the last price of 27.20. U.S. stocks traded higher, with the Dow Jones gaining around 150 points on Friday.

How does Dropbox work?

Dropbox brings files together in one central place by creating a special folder on the user's computer. The contents of these folders are synchronized to Dropbox's servers and to other computers and devices where the user has installed Dropbox, keeping the same files up-to-date on all devices.