DROPBOX INC CLASS A stock forecast: down to 23.78 USD DBX stock price prognosis

STOCK

Forecast for Fri 28 Jun 2024 price 24.28

DROPBOX INC CLASS A stock price forecast for further price development down to -2.74% (time horizon: 1 day) and price target of 23.78 USD. Short-term (time horizon: 2 weeks) DROPBOX INC CLASS A share price prediction for 2024-06-28 with daily closed price projections

Key Facts

Symbol DBX 

ISIN US26210C1045 

CUSIP 26210C104


Currency USD


Category Services-Prepackaged Software

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 1,970,500,000.0


Earnings per share -0.59


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

Today, Dropbox is well-positioned to reimagine the way work gets done. We've built a thriving global business with 15.48 million paying users. Viral, bottom-up adoptionEvery year, millions of users sign up for Dropbox at work. We've built one of the largest collaboration platforms in the world. The overwhelming majority of our customers use Dropbox to share and collaborate. As paying users work on files, our servers keep snapshots of all their changes. Computer backup automatically syncs folders on a user\'s computer to the cloud. Sensitive data can be added and viewed from any device: Windows, Mac, iOS, and Android. Viewer information and presence. Dropbox supports HIPAA and HITECH compliance. As a result, we intend for our workforce to become more distributed over time. We may not successfully manage our growth or plan for future growth. We depend on the continued service and performance of our key personnel. To execute our business plan, we must attract and retain highly qualified personnel. 24Table of ContentsWe may not have the ability to control or prevent these risks. In 2020, 29% of our sales were denominated in currencies other than U.S. dollars. No monetary penalties were assessed with respect to the 2018 filing. However, certain aspects of the CCPA and its enforcement remain uncertain.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1467623/000146762321000012/0001467623-21-000012.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 47.74/100
    • Not in ideal financial position.
    • Historical view, profit is not growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - CEERA INVESTMENTS, LLC 2022-12-31 151711
A - BARCLAYS PLC 2023-06-30 1505972
CGC Financial Services, LLC 2023-06-30 50
Garde Capital, Inc. 2023-06-30 4045
A - OSAIC HOLDINGS, INC. 2023-06-30 83705

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Pacer Funds Trust 2023-07-31 10746 Long
Pacer Funds Trust 2023-07-31 2315930 Long
Pacer Funds Trust 2023-07-31 47310 Long
Pacer Funds Trust 2023-07-31 636 Long
Pacer Funds Trust 2023-07-31 2891 Long

Insider trading for DROPBOX INC CLASS A

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1775679 Campbell Lisa M 2023-06-21 SALE Accept Accept Accept Accept
1786299 Peacock Karen 2023-06-21 SALE Accept Accept Accept Accept
1734440 Regan Timothy 2024-04-30 SALE Accept Accept Accept Accept
1734437 Volkmer Bart 2024-04-15 SALE Accept Accept Accept Accept
1734563 Houston Andrew 2024-05-01 SALE Accept Accept Accept Accept


Bollinger Bollinger Bands for DROPBOX INC CLASS A can provide the information where the market is moving based on price information.


DROPBOX INC CLASS A Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns DROPBOX INC CLASS A.


On-Balance Volume information for DROPBOX INC CLASS A. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for DROPBOX INC CLASS A. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for DROPBOX INC CLASS A. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for DROPBOX INC CLASS A. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for DROPBOX INC CLASS A. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for DROPBOX INC CLASS A. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for DROPBOX INC CLASS A. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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DROPBOX INC CLASS A on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 23.78 2024-05-04 10:52
2024-05-22 23.80 2024-05-04 10:52
2024-05-23 23.82 2024-05-04 10:52
2024-05-20 23.73 2024-05-04 10:52
2024-05-21 23.73 2024-05-04 10:52
2024-06-07 24.01 2024-05-04 10:52
2024-05-30 23.88 2024-05-04 10:52
2024-05-27 23.82 2024-05-04 10:52
2024-05-28 23.85 2024-05-04 10:52
2024-05-29 23.87 2024-05-04 10:52
2024-06-05 23.97 2024-05-04 10:52
2024-06-03 23.93 2024-05-04 10:52
2024-06-04 23.94 2024-05-04 10:52
2024-05-31 23.90 2024-05-04 10:52
2024-06-10 24.03 2024-05-04 10:52
2024-06-11 24.05 2024-05-04 10:52
2024-06-06 24.00 2024-05-04 10:52
2024-06-20 24.18 2024-05-04 10:52
2024-06-12 24.07 2024-05-04 10:52
2024-06-17 24.13 2024-05-04 10:52
2024-06-18 24.15 2024-05-04 10:52
2024-06-13 24.09 2024-05-04 10:52
2024-06-19 24.16 2024-05-04 10:52
2024-06-14 24.11 2024-05-04 10:52
2024-06-24 24.22 2024-05-04 10:52
2024-06-25 24.23 2024-05-04 10:52
2024-06-21 24.20 2024-05-04 10:52
2024-06-26 24.25 2024-05-04 10:52
2024-06-28 24.28 2024-05-04 10:52
2024-05-13 23.61 2024-05-04 10:52
2024-06-27 24.27 2024-05-04 10:52
2024-05-08 23.48 2024-05-04 10:52
2024-05-14 23.58 2024-05-04 10:52
2024-05-15 23.64 2024-05-04 10:52
2024-05-16 23.63 2024-05-04 10:52
2024-05-09 23.47 2024-05-04 10:52
2024-05-17 23.69 2024-05-04 10:52
2024-05-10 23.55 2024-05-04 10:52

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.