BOX (NYSE:BOX) Issues FY 2027 Earnings Guidance

BOX (NYSE:BOXGet Free Report) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.540-1.540 for the period, compared to the consensus EPS estimate of 1.320. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. BOX also updated its Q3 2027 guidance to 0.390-0.390 EPS.

BOX Stock Performance

NYSE BOX traded down $0.51 on Tuesday, reaching $32.96. The company had a trading volume of 4,225,083 shares, compared to its average volume of 2,587,051. The company’s fifty day moving average is $29.69 and its 200-day moving average is $26.31. The firm has a market capitalization of $4.56 billion, a price-to-earnings ratio of 50.71, a price-to-earnings-growth ratio of 11.61 and a beta of 0.73. BOX has a 1-year low of $21.34 and a 1-year high of $33.88.

BOX (NYSE:BOXGet Free Report) last released its earnings results on Tuesday, August 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.40. The business had revenue of $321.15 million for the quarter, compared to the consensus estimate of $319.33 million. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. On average, research analysts forecast that BOX will post 0.31 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. DA Davidson reaffirmed a “buy” rating and issued a $45.00 price objective on shares of BOX in a research note on Wednesday, May 27th. Wall Street Zen downgraded shares of BOX from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings upgraded shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. Citigroup raised their price objective on BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. Finally, UBS Group lifted their price objective on BOX from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, BOX presently has a consensus rating of “Hold” and an average price target of $35.33.

Check Out Our Latest Research Report on BOX

Insider Transactions at BOX

In other BOX news, VP Eli Berkovitch sold 6,300 shares of the firm’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $25.36, for a total transaction of $159,768.00. Following the completion of the transaction, the vice president owned 115,679 shares of the company’s stock, valued at approximately $2,933,619.44. This trade represents a 5.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Olivia Nottebohm sold 6,528 shares of the company’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $26.17, for a total transaction of $170,837.76. Following the completion of the sale, the chief operating officer directly owned 552,211 shares in the company, valued at $14,451,361.87. This represents a 1.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,996 shares of company stock worth $2,116,005 in the last ninety days. 3.99% of the stock is owned by company insiders.

Institutional Investors Weigh In On BOX

Several large investors have recently bought and sold shares of BOX. Qube Research & Technologies Ltd increased its position in shares of BOX by 240.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,210,237 shares of the software maker’s stock valued at $41,354,000 after purchasing an additional 854,953 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of BOX in the second quarter valued at $22,626,000. Invesco Ltd. raised its stake in shares of BOX by 101.1% in the second quarter. Invesco Ltd. now owns 1,141,603 shares of the software maker’s stock valued at $39,009,000 after acquiring an additional 573,817 shares during the period. Marshall Wace LLP lifted its holdings in shares of BOX by 48.0% in the 4th quarter. Marshall Wace LLP now owns 1,747,027 shares of the software maker’s stock worth $52,254,000 after acquiring an additional 566,502 shares during the last quarter. Finally, Tudor Investment Corp ET AL lifted its holdings in shares of BOX by 294.9% in the 4th quarter. Tudor Investment Corp ET AL now owns 449,973 shares of the software maker’s stock worth $13,459,000 after acquiring an additional 336,023 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors.

BOX Company Profile

(Get Free Report)

Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box’s services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.

The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.

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Earnings History and Estimates for BOX (NYSE:BOX)

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