AI-Driven Cloud Platforms Will Transform Digital Collaboration

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AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

27 Aug 24

Updated

26 Jan 26

Views

104

n/a

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AnalystConsensusTarget's Fair Value

n/a

1Y

-19.0%

7D

0.7%

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1Y

-19.0%

7D

0.7%

You can edit this narrative until Jan 27 4:20 PM. Then, changes will post as Updates.

Author's Valuation

US$28.578.2% undervalued

AnalystConsensusTarget Fair Value

Shared on 26 Jan 26

Fair value Increased 1.59%

DBX: Q3 Margin Strength And Guidance Shifts Will Shape Fair Value Outlook

Analysts have inched their fair value estimate for Dropbox higher to $28.57 from $28.13, reflecting updated assumptions around a slightly higher discount rate, a modest decline in expected revenue growth, a marginally stronger profit margin, and a lower future P/E multiple in light of recent research that includes RBC Capital's price target move to $38 after what it called decent Q3 results. Analyst Commentary Recent Street research on Dropbox has focused on how the latest quarterly results line up against expectations and what that might mean for valuation.

Shared on 07 May 25

Fair value Increased 2.16%

Shared on 30 Apr 25

Fair value Decreased 4.54%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 2.40%

AnalystConsensusTarget has decreased revenue growth from -0.5% to -1.1%.

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 1.37%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 6.92%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Fair value Increased 2.42%

AnalystConsensusTarget has decreased revenue growth from 2.0% to -0.5%, decreased future PE multiple from 22.3x to 16.6x and increased discount rate from 7.4% to 8.3%.

AnalystConsensusTarget Fair Value

US$28.57

8.2% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

-1.10%

Software revenue growth rate

1.27%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.76%

Calculation

US$498.82m

Earnings '29

x

15.76x

PE Ratio '29

=

US$7.86b

Market Cap '29

US$7.86b

Market Cap '29

/

208.12m

No. shares '29

=

US$37.77

Share Price '29

US$37.77 Share Price '29

Discounted to 2026 @ 9.77% p.a.

=

US$28.56

Fair Value '26