The average one-year price target for Dropbox Inc - (NASDAQ:DBX) has been revised to 31.77 / share. This is an increase of 5.96% from the prior estimate of 29.98 dated August 31, 2023.
The price target is an average of many targets provided by analysts. The latest targets range from a low of 28.28 to a high of 36.75 / share. The average price target represents an increase of 17.48% from the latest reported closing price of 27.04 / share.
What is the Fund Sentiment?
There are 957 funds or institutions reporting positions in Dropbox Inc -. This is an increase of 101 owner(s) or 11.80% in the last quarter. Average portfolio weight of all funds dedicated to DBX is 0.24%, an increase of 11.48%. Total shares owned by institutions increased in the last three months by 6.59% to 279,159K shares. 
The put/call ratio of DBX is 0.82, indicating a bullish outlook.
What are Other Shareholders Doing?
Ameriprise Financial holds 20,808K shares representing 5.98% ownership of the company. In it's prior filing, the firm reported owning 17,067K shares, representing an increase of 17.98%. The firm increased its portfolio allocation in DBX by 43.78% over the last quarter.
SLMCX - Columbia Seligman Communications and Information Fund holds 10,994K shares representing 3.16% ownership of the company. In it's prior filing, the firm reported owning 9,210K shares, representing an increase of 16.23%. The firm increased its portfolio allocation in DBX by 22.12% over the last quarter.
Renaissance Technologies holds 9,298K shares representing 2.67% ownership of the company. In it's prior filing, the firm reported owning 8,646K shares, representing an increase of 7.01%. The firm increased its portfolio allocation in DBX by 44.07% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 8,259K shares representing 2.37% ownership of the company.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 7,904K shares representing 2.27% ownership of the company. In it's prior filing, the firm reported owning 8,089K shares, representing a decrease of 2.33%. The firm increased its portfolio allocation in DBX by 11.22% over the last quarter.
Dropbox Background Information
(This description is provided by the company.)
Dropbox is one place to keep life organized and keep work moving. With more than 700 million registered users across 180 countries, the Company is on a mission to design a more enlightened way of working. Dropbox is headquartered in San Francisco, CA.
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