Analysts predict DBX shares will perform strongly in 2023

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Dropbox Inc shares valued at $406,506 were purchased by ANDREW MOORE on Aug 28 ’25. At $28.82 per share, ANDREW MOORE acquired 14,105 shares.

Also, Parasnis Abhay sold 3,564 shares, netting a total of over 100,719 in proceeds. Following the sale of shares at $28.26 each, the insider now holds 40,522 shares.

Before that, Dasdan Ali had sold 5,666 shares from its account. In a trade valued at $154,701, the Chief Technology Officer traded Dropbox Inc shares for $27.30 each. Upon closing the transaction, the insider’s holdings decreased to 5,666 shares, worth approximately $16.31 million.

As published in a research note from JP Morgan on February 16, 2024, Dropbox Inc [DBX] has been rated down from an Overweight to a Neutral and the price target has been revised to $30 from $33. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid February. As of February 16, 2024, Goldman has decreased its “Neutral” rating to a “Sell” for DBX. Earlier on February 16, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for DBX stock which previously was a “a Buy”.

Analyzing DBX Stock Performance

On last trading session, Dropbox Inc [NASDAQ: DBX] rose 0.36% to $28.92. The stock’s lowest price that day was $28.53, but it reached a high of $29.01 in the same session. During the last five days, there has been a surge of approximately 2.14%. Over the course of the year, Dropbox Inc shares have jumped approximately 19.13%. Shares of the company reached a 52-week high of $33.33 on 01/28/25 and a 52-week low of $24.42 on 04/07/25.

Support And Resistance Levels for Dropbox Inc (DBX)

According to the 24-hour chart, there is a support level at 28.63, which, if violated, would cause prices to drop to 28.34. In the upper region, resistance lies at 29.11. The next price resistance is at 29.30. RSI (Relative Strength Index) is 61.64 on the 14-day chart, showing neutral technical sentiment.

Is Dropbox Inc subject to short interest?

Stocks of Dropbox Inc saw a sharp steep in short interest on 2025-08-15 dropping by -2.31 million shares to 17.85 million. Data from Yahoo Finance shows that the short interest on 2025-07-15 was 20.16 million shares. A decline of -12.97% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 5.27 of the overall float, the days-to-cover ratio (short ratio) decline to 5.27.

Which companies own the most shares of Dropbox Inc (DBX)?

In terms of Dropbox Inc share price expectations, FactSet research, analysts set an average price target of 29.5 in the next 12 months, up nearly 2.36% from the previous closing price of $28.82. Analysts anticipate Dropbox Inc stock to reach 32 by 2025, with the lowest price target being 20. In spite of this, 7 analysts ranked Dropbox Inc stock as Buy at the end of 2025. On December 15, 2023, UBS assigned a price target of “a Buy” to the stock and initiated coverage with a $36.

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