Abstract: A new type of dynamic vibration absorber with negative stiffness spring is presented and studied analytically in detail. At first the analytical solution is obtained based on the Laplace transform method, and it could be found that there exist two fixed points independent of the damping ratio in the normalized amplitude-frequency curves. The optimum tuning ratio and damping ratio are obtained based on the fixed-point theory. According to the characteristics of the negative stiffness element, the optimal negative stiffness ratio is obtained and it could keep the system stable. The comparison of the analytical solution with the numerical one verifies the correctness and satisfactory precision of the analytical solution. The comparison with other two traditional dynamic vibration absorbers under the harmonic and random excitation show that the presented dynamic vibration absorber performs better in vibration absorption. The result could provide theoretical basis for the optimal design of similar dynamic vibration absorber.