Logo Dropbox

Dropbox (DBX) stock: analyst price target and their real reliability

Live quote · data updated Aug 28, 2026
Dropbox · Information Technology · ref. ETF XLK · 50 calls · price $35.88
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What the company does: Dropbox, Inc. provides a content collaboration platform in the United States and internationally.

📈 Dropbox (DBX) stock price

$35.88+24.1% over range
Aug 28, 25low $22.06 · high $35.93Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Hold
33% recommend buying · 3 analysts
📊 JPI status : Dropbox has never appeared in a JPI ranking (Fair or Risk +) — our methods haven't picked it to date. See the selected stocks →
⚠️ The stock trades above the median target: it has beaten expectations. The “Hold” reflects conviction on the company, but the remaining quantified upside is low/negative.

🎯 DBX price target & analyst consensusprice $35.88

The price target · all analysts combined (2 targets)
Highest target · 1 firm of 2$33-8.0%
Median target · of 2 targets$32.5-9.4%
Lowest target · 1 firm of 2$32-10.8%
Current price$35.88
⭐ What the most reliable analysts say · those who beat their sector, targets replayed on real prices

⭐ The most reliable of them, either direction: Citigroup63% of its targets hit on this sector (185 calls tested). It aims for $33 (-8.0 %), call made on August 8, 2026, maturing on August 8, 2027 (20 d ago).

The 1 reliable analyst $33-8.0 %
The 1 other firm $32-11 %
How to read it: the 1 reliable firms are not filtered by optimism — 0 aim above the price, 1 below, hence their $33 median. “The 1 others” are the firms that don't pass our reliability filter on this sector.
The consensus · 3 ratings (last 6 months)
Strong Buy00%
Buy133%
Hold267%
Sell00%
Strong Sell00%
Go deeper on the analysts
All analysts (the consensus)  ·  vs  ·  the best (those who've been right)
💬 A question about Dropbox? The JPI assistant answers using our backtest data.

📈 Dropbox fundamentals: valuation, margins & growth › open the full page

P/E 19.2Net margin 17.5 %Revenue growth +0.9 %Average P/E

Revenue, net income and margin per year

Revenue Net income · hover a bar for details
2022
marg. 24 %
2023
Rev +8%Profit −18%
2024
Rev +2%Profit −0%
2025
Rev −1%Profit +12%

🔎 Detailed analyses

✅ Historical analyst reliability on DBX

Hit rate measured on targets already matured (12 months), replayed against real prices. Click a header to sort.

Firm % right i Gain vs sector i Calls i
Nomura 100% +14.8% 2
Jefferies  75% +13.3% 4
UBS  67% +5.3% 3
Deutsche Bank  50% -12.8% 2
Keybanc  43% -3.3% 7
RBC Capital  40% -15.0% 5
B of A Securities  33% -4.0% 3
Goldman Sachs  33% -12.5% 3
Credit Suisse 25% -7.2% 4
JMP Securities 20% -15.3% 5
See the other 1 firms
Canaccord Genuity  0% -35.2% 2

📊 What $1,000 invested in Dropbox would be worth › open the full page

In short — $1,000 invested in Dropbox 10 years ago would be worth $965 today, i.e. 0%/yr on average. Best year: 2023 (+32%), worst: 2019 (-15%). Price performance, excluding dividends.

If I'd invested $1,000 in Dropbox

InvestmentWorth todayGain
1 years ago$916-8%
3 years ago$1,227+23%
5 years ago$1,238+24%
→ See Dropbox's full return history + gain calculator

Return by year (Dropbox)

YearReturn$1,000 invested at year start
2026 (YTD)+2%$1,020 (+2%)
2025-10%$916 (-8%)
2024+2%$932 (-7%)
→ See Dropbox's full return history + gain calculator
⚠️ Past performance, not predictive nor advice. Prices in $, excluding dividends. Yahoo Finance data.

📰 Recent news on Dropbox

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📋 All analyst calls on DBX

Citigroup 
Aug 7, 26
■ Neutral neutral · not a buy · 🎯$33
Price at call : $34.59 — gap to target -5%
Today : $35.88 — gap to target -8%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Aug 7, 27
William Blair 
Aug 7, 26
■ Market Perform neutral · not a buy
🎯 on DBX : no call matured yet · 📊 on Tech : 42.9% · +7.4% (21 calls)
in progress (365j)
matures : Aug 7, 27
Citigroup 
May 11, 26
■ Neutral neutral · not a buy · 🎯$28
Price at call : $25.81 — gap to target +8%
Today : $35.88 — gap to target -22%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : May 11, 27
RBC Capital 
May 8, 26
▲ Outperform · 🎯$32
Price at call : $26.49 — upside +21%
Today : $35.88 — upside -11%
🎯 on DBX : 0% (1 call matured) · 📊 on Tech : 42.3% · -5.1% (137 calls)
in progress (365j)
matures : May 8, 27
William Blair 
Mar 23, 26
▼ Underperform
🎯 on DBX : no call matured yet · 📊 on Tech : 42.9% · +7.4% (21 calls)
in progress (365j)
matures : Mar 23, 27
JP Morgan 
Feb 20, 26
■ Neutral neutral · not a buy · 🎯$25
Price at call : $24.5 — gap to target +2%
Today : $35.88 — gap to target -30%
🎯 on DBX : no call matured yet · 📊 on Tech : 49.4% · +0.5% (166 calls)
in progress (365j)
matures : Feb 20, 27
UBS 
Feb 20, 26
▼ Sell · 🎯$23
Price at call : $24.5 — upside -6%
Today : $35.88 — upside -36%
🎯 on DBX : 67% (3 calls matureds) · 📊 on Tech : 49.4% · +0.5% (81 calls)
in progress (365j)
matures : Feb 20, 27
RBC Capital 
Feb 20, 26
▲ Outperform · 🎯$30
Price at call : $25.48 — upside +18%
Today : $35.88 — upside -16%
🎯 on DBX : 0% (1 call matured) · 📊 on Tech : 42.3% · -5.1% (137 calls)
in progress (365j)
matures : Feb 20, 27
See the other 42 calls, newest to oldest
RBC Capital 
Jan 5, 26
▲ Outperform · 🎯$35
Price at call : $26.99 — upside +30%
Today : $35.88 — upside -2%
🎯 on DBX : 0% (1 call matured) · 📊 on Tech : 42.3% · -5.1% (137 calls)
in progress (365j)
matures : Jan 5, 27
RBC Capital 
Nov 7, 25
▲ Outperform · 🎯$38
Price at call : $30.55 — upside +24%
Today : $35.88 — upside +6%
🎯 on DBX : 0% (1 call matured) · 📊 on Tech : 42.3% · -5.1% (137 calls)
in progress (365j)
matures : Nov 7, 26
UBS 
Aug 8, 25
■ Neutral neutral · not a buy · 🎯$29
Price at call : $26.87 — gap to target +8%
Today : $35.88 — gap to target -19%
🎯 on DBX : 67% (3 calls matureds) · 📊 on Tech : 49.4% · +0.5% (81 calls)
in progress (365j)
matures : Aug 8, 26
UBS 
May 9, 25
▲ Buy · 🎯$31
Price at call : $29.29 — upside +6%
Today : $35.88 — upside -14%
Expected +6% · Actual -10% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 67% (3 calls matureds) · 📊 on Tech : 49.4% · +0.5% (81 calls)
-9.6%
stock -10% · XLK +56%
matured May 9, 26
Citigroup 
May 9, 25
■ Neutral neutral · not a buy · 🎯$32
Price at call : $29.29 — gap to target +9%
Today : $35.88 — gap to target -11%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : May 9, 26
■ Market Perform neutral · not a buy
🎯 on DBX : no call matured yet · 📊 unranked overall
in progress (365j)
matures : Feb 21, 26
Jefferies 
Jan 6, 25
■ Hold neutral · not a buy · 🎯$30
Price at call : $29.58 — gap to target +1%
Today : $35.88 — gap to target -16%
🎯 on DBX : 100% (2 calls matureds) · 📊 on Tech : 33.3% · -13.8% (60 calls)
in progress (365j)
matures : Jan 6, 26
UBS 
Aug 9, 24
▲ Buy · 🎯$28
Price at call : $21.89 — upside +28%
Today : $35.88 — upside -22%
Expected +28% · Actual +23% · Reason (≥ +15%) : ✓ Yes
🎯 on DBX : 67% (3 calls matureds) · 📊 on Tech : 49.4% · +0.5% (81 calls)
+22.8%
stock +23% · XLK +27%
matured Aug 9, 25
Citigroup 
Jun 26, 24
■ Neutral neutral · not a buy · 🎯$25
Price at call : $22.42 — gap to target +12%
Today : $35.88 — gap to target -30%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Jun 26, 25
Citigroup 
Mar 22, 24
■ Neutral neutral · not a buy · 🎯$27
Price at call : $24.27 — gap to target +11%
Today : $35.88 — gap to target -25%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Mar 22, 25
Goldman Sachs 
Feb 16, 24
▼ Sell · 🎯$24
Price at call : $24.23 — upside -1%
Today : $35.88 — upside -33%
Expected -1% · Actual +37% · Reason (≤ −15%) : ✗ No
🎯 on DBX : 0% (2 calls matureds) · 📊 on Tech : 39.6% · -5.3% (111 calls)
-37.3%
stock +37% · XLK +21%
matured Feb 15, 25
▼ Underperform · 🎯$28
Price at call : $25.08 — upside +12%
Today : $35.88 — upside -22%
Expected +12% · Actual +33% · Reason (≤ −15%) : ✗ No
🎯 on DBX : 50% (2 calls matureds) · 📊 on Tech : 46.5% · +5.6% (99 calls)
-32.7%
stock +33% · XLK +20%
matured Feb 15, 25
JMP Securities
Feb 16, 24
■ Market Perform neutral · not a buy
🎯 on DBX : 33% (3 calls matureds) · 📊 unranked overall
in progress (365j)
matures : Feb 15, 25
JP Morgan 
Feb 16, 24
■ Neutral neutral · not a buy · 🎯$30
Price at call : $25.08 — gap to target +20%
Today : $35.88 — gap to target -16%
🎯 on DBX : no call matured yet · 📊 on Tech : 49.4% · +0.5% (166 calls)
in progress (365j)
matures : Feb 15, 25
Keybanc 
Jan 19, 24
▲ Overweight · 🎯$37
Price at call : $32.72 — upside +13%
Today : $35.88 — upside +3%
Expected +13% · Actual -5% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 50% (6 calls matureds) · 📊 on Tech : 32.6% · -9.8% (267 calls)
-4.9%
stock -5% · XLK +17%
matured Jan 18, 25
UBS 
Dec 15, 23
▲ Buy · 🎯$36
Price at call : $29.62 — upside +22%
Today : $35.88 — upside +0%
Expected +22% · Actual +3% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 67% (3 calls matureds) · 📊 on Tech : 49.4% · +0.5% (81 calls)
+2.8%
stock +3% · XLK +26%
matured Dec 14, 24
Citigroup 
Sep 18, 23
■ Neutral neutral · not a buy · 🎯$30
Price at call : $26.57 — gap to target +13%
Today : $35.88 — gap to target -16%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Sep 17, 24
JMP Securities
Aug 31, 23
▲ Market Outperform · 🎯$32
Price at call : $27.79 — upside +15%
Today : $35.88 — upside -11%
Expected +15% · Actual -10% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 33% (3 calls matureds) · 📊 unranked overall
-9.5%
stock -10% · XLK +25%
matured Aug 30, 24
RBC Capital 
Aug 4, 23
▲ Outperform · 🎯$32
Price at call : $28.24 — upside +13%
Today : $35.88 — upside -11%
Expected +13% · Actual -24% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 0% (1 call matured) · 📊 on Tech : 42.3% · -5.1% (137 calls)
-23.8%
stock -24% · XLK +15%
matured Aug 3, 24
Goldman Sachs 
Aug 4, 23
■ Neutral neutral · not a buy · 🎯$28
Price at call : $28.24 — gap to target -1%
Today : $35.88 — gap to target -22%
🎯 on DBX : 0% (2 calls matureds) · 📊 on Tech : 39.6% · -5.3% (111 calls)
in progress (365j)
matures : Aug 3, 24
Credit Suisse
Aug 4, 23
▼ Underperform · 🎯$22
Price at call : $27.49 — upside -20%
Today : $35.88 — upside -39%
Expected -20% · Actual -22% · Reason (≤ −15%) : ✓ Yes
🎯 on DBX : 25% (4 calls matureds) · 📊 unranked overall
+21.7%
stock -22% · XLK +16%
matured Aug 3, 24
▲ Outperform · 🎯$32
Price at call : $27.49 — upside +16%
Today : $35.88 — upside -11%
Expected +16% · Actual -22% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 33% (3 calls matureds) · 📊 unranked overall
-21.7%
stock -22% · XLK +16%
matured Aug 3, 24
Keybanc 
Aug 4, 23
▲ Overweight · 🎯$35
Price at call : $27.49 — upside +27%
Today : $35.88 — upside -2%
Expected +27% · Actual -22% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 50% (6 calls matureds) · 📊 on Tech : 32.6% · -9.8% (267 calls)
-21.7%
stock -22% · XLK +16%
matured Aug 3, 24
Citigroup 
Jul 21, 23
■ Neutral neutral · not a buy · 🎯$30
Price at call : $26.99 — gap to target +11%
Today : $35.88 — gap to target -16%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Jul 20, 24
Keybanc 
Jul 18, 23
▲ Overweight · 🎯$32
Price at call : $28.03 — upside +14%
Today : $35.88 — upside -11%
Expected +14% · Actual -17% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 50% (6 calls matureds) · 📊 on Tech : 32.6% · -9.8% (267 calls)
-16.8%
stock -17% · XLK +24%
matured Jul 17, 24
Citigroup 
Jun 22, 23
■ Neutral neutral · not a buy · 🎯$27
Price at call : $26.33 — gap to target +3%
Today : $35.88 — gap to target -25%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Jun 21, 24
Goldman Sachs 
May 9, 23
■ Neutral neutral · not a buy · 🎯$25
Price at call : $21.2 — gap to target +18%
Today : $35.88 — gap to target -30%
🎯 on DBX : 0% (2 calls matureds) · 📊 on Tech : 39.6% · -5.3% (111 calls)
in progress (365j)
matures : May 8, 24
Goldman Sachs 
May 8, 23
■ Neutral neutral · not a buy · 🎯$25
Price at call : $21.42 — gap to target +17%
Today : $35.88 — gap to target -30%
🎯 on DBX : 0% (2 calls matureds) · 📊 on Tech : 39.6% · -5.3% (111 calls)
in progress (365j)
matures : May 7, 24
Credit Suisse
May 5, 23
▼ Underperform · 🎯$18
Price at call : $21.31 — upside -16%
Today : $35.88 — upside -50%
Expected -16% · Actual +10% · Reason (≤ −15%) : ✗ No
🎯 on DBX : 25% (4 calls matureds) · 📊 unranked overall
-10.5%
stock +10% · XLK +36%
matured May 4, 24
▲ Market Outperform · 🎯$30
Price at call : $21.31 — upside +41%
Today : $35.88 — upside -16%
Expected +41% · Actual +10% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 33% (3 calls matureds) · 📊 unranked overall
+10.5%
stock +10% · XLK +36%
matured May 4, 24
Keybanc 
May 5, 23
▲ Overweight · 🎯$27
Price at call : $21.31 — upside +27%
Today : $35.88 — upside -25%
Expected +27% · Actual +10% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 50% (6 calls matureds) · 📊 on Tech : 32.6% · -9.8% (267 calls)
+10.5%
stock +10% · XLK +36%
matured May 4, 24
Credit Suisse
Feb 17, 23
▼ Underperform · 🎯$20
Price at call : $21.22 — upside -6%
Today : $35.88 — upside -44%
Expected -6% · Actual +14% · Reason (≤ −15%) : ✗ No
🎯 on DBX : 25% (4 calls matureds) · 📊 unranked overall
-14.2%
stock +14% · XLK +43%
matured Feb 17, 24
Citigroup 
Feb 17, 23
■ Neutral neutral · not a buy · 🎯$25
Price at call : $21.22 — gap to target +18%
Today : $35.88 — gap to target -30%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Feb 17, 24
Keybanc 
Feb 17, 23
▲ Overweight · 🎯$29
Price at call : $21.22 — upside +37%
Today : $35.88 — upside -19%
Expected +37% · Actual +14% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 50% (6 calls matureds) · 📊 on Tech : 32.6% · -9.8% (267 calls)
+14.2%
stock +14% · XLK +43%
matured Feb 17, 24
Jefferies 
Jan 5, 23
■ Hold neutral · not a buy · 🎯$25
Price at call : $22.11 — gap to target +13%
Today : $35.88 — gap to target -30%
🎯 on DBX : 100% (2 calls matureds) · 📊 on Tech : 33.3% · -13.8% (60 calls)
in progress (365j)
matures : Jan 5, 24
Credit Suisse
Nov 22, 22
▼ Underperform · 🎯$20
Price at call : $22.35 — upside -11%
Today : $35.88 — upside -44%
Expected -11% · Actual +26% · Reason (≤ −15%) : ✗ No
🎯 on DBX : 25% (4 calls matureds) · 📊 unranked overall
-25.9%
stock +26% · XLK +39%
matured Nov 22, 23
Goldman Sachs 
Nov 7, 22
▼ Sell · 🎯$22
Price at call : $21.51 — upside +2%
Today : $35.88 — upside -39%
Expected +2% · Actual +20% · Reason (≤ −15%) : ✗ No
🎯 on DBX : 0% (2 calls matureds) · 📊 on Tech : 39.6% · -5.3% (111 calls)
-20.4%
stock +20% · XLK +42%
matured Nov 7, 23
Jefferies 
Oct 31, 22
▲ Buy · 🎯$28
Price at call : $21.75 — upside +29%
Today : $35.88 — upside -22%
Expected +29% · Actual +21% · Reason (≥ +15%) : ✓ Yes
🎯 on DBX : 100% (2 calls matureds) · 📊 on Tech : 33.3% · -13.8% (60 calls)
+20.9%
stock +21% · XLK +28%
matured Oct 31, 23
Keybanc 
Sep 13, 22
▲ Overweight · 🎯$30
Price at call : $22.1 — upside +36%
Today : $35.88 — upside -16%
Expected +36% · Actual +25% · Reason (≥ +15%) : ✓ Yes
🎯 on DBX : 50% (6 calls matureds) · 📊 on Tech : 32.6% · -9.8% (267 calls)
+24.9%
stock +25% · XLK +30%
matured Sep 13, 23
▲ Buy · 🎯$34
Price at call : $21.48 — upside +58%
Today : $35.88 — upside -5%
Expected +58% · Actual +28% · Reason (≥ +15%) : ✓ Yes
🎯 on DBX : 50% (2 calls matureds) · 📊 on Tech : 46.5% · +5.6% (99 calls)
+28.3%
stock +28% · XLK +33%
matured Sep 6, 23
Citigroup 
Sep 1, 22
■ Neutral neutral · not a buy · 🎯$24
Price at call : $21.26 — gap to target +13%
Today : $35.88 — gap to target -33%
🎯 on DBX : no call matured yet · 📊 on Tech : 39.5% · -5.7% (185 calls)
in progress (365j)
matures : Sep 1, 23
Jefferies 
May 23, 22
▲ Buy · 🎯$30
Price at call : $19.25 — upside +56%
Today : $35.88 — upside -16%
Expected +56% · Actual +15% · Reason (≥ +15%) : ✗ No
🎯 on DBX : 100% (2 calls matureds) · 📊 on Tech : 33.3% · -13.8% (60 calls)
+14.6%
stock +15% · XLK +17%
matured May 23, 23

Frequently asked questions

Should I buy Dropbox stock?

This isn't buy advice. For Dropbox, the analyst consensus is "Hold", with an average price target of $32.50 (-9% vs the current price). What matters is their past reliability on this stock: the most reliable one is right 100% of the time (2 calls tracked on Dropbox). We show the numbers — you decide.

Is it too late to buy Dropbox? How high can it go?

The most bullish analyst target on Dropbox is $33.00 (-8% above today's price); the average is $32.50. That's the upside they see. Check how reliable those analysts have actually been on Dropbox on our site before trusting it.

Is Dropbox still a good buy?

The most useful "opinion" isn't an opinion — it's a track record: 11 analysts have a real record on Dropbox, the best hitting 100% over 2 calls. Current consensus: "Hold". Make your call on data, not noise.

What has Dropbox's past performance been?

Historical returns and a "how much if I had invested" calculator: DBX performance & returns.

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JPI AI Analyst AI assistant · JPI Invest
Answers based on the tool’s data · not financial advice · full version (free)