To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

Our research shows that these estimate changes are directly correlated with near-term stock prices. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. These revisions help to show the ever-changing nature of near-term business trends. It is also important to note the recent changes to analyst estimates for DBX. Meanwhile, our latest consensus estimate is calling for revenue of $498.06 million, up 11.67% from the prior-year quarter. On that day, DBX is projected to report earnings of $0.23 per share, which would represent year-over-year growth of 43.75%. Investors will be hoping for strength from DBX as it approaches its next earnings release. In that same time, the Computer and Technology sector gained 4.2%, while the S&P 500 gained 3.84%. At the same time, the Dow added 0.19%, and the tech-heavy Nasdaq gained 0.28%.Ĭoming into today, shares of the online file-sharing company had gained 0.13% in the past month. This change outpaced the S&P 500's 0.04% gain on the day. This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.Dropbox (DBX) closed at $23.61 in the latest trading session, marking a +1.11% move from the prior day. This means that if you invested $100 now, your current investment may be worth 180.508$ on 2023 October 15, Sunday. 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 36.561845756965$ ( 80.508% ) after a year according to our prediction system. 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 forecastĪs of 2022 October 15, Saturday current price of DBX stock is 20.255$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).ĭropbox Inc - Class A stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.

1 year Dropbox Inc - Class A Forecast: 36.561845756965 *ĥ year Dropbox Inc - Class A Forecast: 123.774 * About the Dropbox, Inc.

Dropbox stock projection