Box, Inc. (NYSE:BOX) Receives Consensus Rating of “Hold” from Analysts

Box, Inc. (NYSE:BOXGet Free Report) has been assigned an average recommendation of “Hold” from the nine research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $35.3333.

Several equities analysts recently issued reports on the stock. Wall Street Zen lowered shares of BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Citigroup increased their price target on BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. UBS Group boosted their price objective on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. DA Davidson restated a “buy” rating and set a $45.00 target price on shares of BOX in a research report on Wednesday, May 27th. Finally, Weiss Ratings raised BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd.

View Our Latest Stock Analysis on BOX

Insiders Place Their Bets

In other BOX news, CFO Dylan C. Smith sold 17,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $26.00, for a total transaction of $442,000.00. Following the transaction, the chief financial officer directly owned 1,364,049 shares in the company, valued at approximately $35,465,274. This represents a 1.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Aaron Levie sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $24.32, for a total transaction of $364,800.00. Following the sale, the chief executive officer directly owned 2,874,673 shares of the company’s stock, valued at approximately $69,912,047.36. This trade represents a 0.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 77,996 shares of company stock valued at $2,116,005 in the last ninety days. 3.99% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BOX

Large investors have recently bought and sold shares of the stock. First Horizon Corp increased its stake in BOX by 148.1% in the fourth quarter. First Horizon Corp now owns 831 shares of the software maker’s stock valued at $25,000 after purchasing an additional 496 shares in the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of BOX during the first quarter valued at about $31,000. Employees Retirement System of Texas bought a new position in shares of BOX during the 3rd quarter worth about $35,000. CIBC Private Wealth Group LLC boosted its position in shares of BOX by 1,778.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock worth $39,000 after purchasing an additional 1,138 shares in the last quarter. Finally, Bayforest Capital Ltd acquired a new stake in shares of BOX in the 4th quarter valued at about $42,000. 86.74% of the stock is currently owned by institutional investors and hedge funds.

BOX Stock Performance

BOX stock opened at $33.66 on Tuesday. The firm has a market cap of $4.66 billion, a price-to-earnings ratio of 51.78, a PEG ratio of 11.73 and a beta of 0.73. BOX has a 52-week low of $21.34 and a 52-week high of $33.88. The firm has a 50 day moving average price of $28.40 and a two-hundred day moving average price of $25.83.

BOX (NYSE:BOXGet Free Report) last posted its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The company had revenue of $305.94 million for the quarter, compared to analyst estimates of $304.39 million. During the same period in the prior year, the firm posted $0.30 EPS. The company’s quarterly revenue was up 10.7% on a year-over-year basis. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. As a group, equities research analysts predict that BOX will post 0.31 EPS for the current fiscal year.

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.

Featured Articles

Analyst Recommendations for BOX (NYSE:BOX)

Receive News & Ratings for BOX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BOX and related companies with MarketBeat.com's FREE daily email newsletter.