BOX (NYSE:BOX) Releases Q3 2027 Earnings Guidance

BOX (NYSE:BOXGet Free Report) updated its third quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.390-0.390 for the period, compared to the consensus estimate of 0.330. The company issued revenue guidance of $329.0 million-$329.0 million, compared to the consensus revenue estimate of $324.5 million.

BOX Stock Performance

Shares of BOX stock traded down $0.51 on Tuesday, hitting $32.96. The company had a trading volume of 3,195,474 shares, compared to its average volume of 2,587,051. The stock has a market capitalization of $4.56 billion, a price-to-earnings ratio of 50.71, a P/E/G 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. The stock has a 50 day moving average of $29.69 and a 200-day moving average of $26.31.

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

Analysts Set New Price Targets

BOX has been the topic of several analyst reports. Wall Street Zen cut shares of BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. UBS Group upped their target price on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. DA Davidson reiterated a “buy” rating and set a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Weiss Ratings upgraded BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. Finally, Citigroup raised their target price on BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Three research 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, the stock has a consensus rating of “Hold” and a consensus price target of $35.33.

Check Out Our Latest Report on BOX

Insider Buying and Selling at BOX

In related news, CFO Dylan C. Smith sold 17,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $26.00, for a total transaction of $442,000.00. Following the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Aaron Levie sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $24.32, for a total transaction of $364,800.00. Following the sale, the chief executive officer owned 2,874,673 shares in the company, valued at $69,912,047.36. The trade was a 0.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 77,996 shares of company stock worth $2,116,005 over the last ninety days. Company insiders own 3.99% of the company’s stock.

Institutional Investors Weigh In On BOX

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. purchased a new stake in shares of BOX during the first quarter worth $31,000. Employees Retirement System of Texas purchased a new position in shares of BOX in the third quarter valued at $35,000. CIBC Private Wealth Group LLC raised its stake 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 valued at $39,000 after purchasing an additional 1,138 shares during the period. Toronto Dominion Bank bought a new stake in shares of BOX during the 4th quarter valued at $60,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in BOX by 1,995.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,263 shares of the software maker’s stock worth $77,000 after purchasing an additional 2,155 shares in the last quarter. Institutional investors own 86.74% of the company’s stock.

About BOX

(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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