Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 2026, Dropbox, Inc. (DBX) has a Wall Street consensus price target of $26.50, based on estimates from 15 covering analysts. With the stock currently trading at $24.99, this represents a potential upside of +6.0%. The company has a market capitalization of $1.94B.
Analyst price targets range from a low of $23.00 to a high of $30.00, representing a 26% spread in expectations. The median target of $26.50 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 6 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 4 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, DBX trades at a trailing P/E of 17.9x and forward P/E of 8.4x. Analysts expect EPS to grow +49.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $41.73, with bear and bull scenarios of $-61.97 and $82.69 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus price target for DBX is $26.5, close to the current price of $24.99 (6.0% implied move). Based on 15 analyst estimates, the stock appears fairly valued near current levels.
DBX has a consensus rating of "Buy" based on 15 Wall Street analysts. The rating breakdown is mixed, with 5 Hold ratings making up the largest segment. The consensus 12-month price target of $26.5 implies 6.0% upside from current levels.
With a forward P/E of 8.3724x, DBX trades at a relatively low valuation. The consensus target of $26.5 implies 6.0% appreciation, suggesting the market may be pricing in risks.
The most bullish Wall Street analyst has a price target of $30 for DBX, while the most conservative target is $23. The consensus of $26.5 represents the median expectation. Our quantitative valuation model projects a bull case target of $83 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
DBX is well covered by analysts, with 15 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 5 recommend Hold, and 4 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month DBX stock forecast based on 15 Wall Street analysts shows a consensus price target of $26.5, with estimates ranging from $23 (bear case) to $30 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $42, with bear/bull scenarios of $-62/$83.
Our quantitative valuation model calculates DBX's fair value at $42 (base case), with a bear case of $-62 and bull case of $83. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
DBX trades at a forward P/E ratio of 8.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
DBX appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $26.5 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
DBX analyst price targets range from $23 to $30, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $26.5 consensus represents the middle ground. Our model's $-62-$83 range provides an independent fundamental perspective.