BOX (NYSE:BOX) Updates Q3 2027 Earnings Guidance

BOX (NYSE:BOX) updated its third quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.390-0.390 for the period, compared to the consensus EPS 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 also updated its FY 2027 guidance to 1.540-1.540 EPS.

BOX Trading Down 1.5%

NYSE BOX opened at $32.96 on Wednesday. The firm’s fifty day simple moving average is $29.84 and its two-hundred day simple moving average is $26.37. The firm has a market capitalization of $4.56 billion, a P/E ratio of 50.71, a P/E/G ratio of 11.81 and a beta of 0.73. BOX has a 12-month low of $21.34 and a 12-month high of $33.88.

BOX (NYSE:BOX) last issued its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.The firm had revenue of $321.15 million during the quarter, compared to analyst estimates of $319.33 million. During the same quarter in the prior year, the business posted $0.33 EPS. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. As a group, sell-side analysts predict that BOX will post 0.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on BOX. Wall Street Zen downgraded shares of BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Citigroup lifted their target price on shares of BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. UBS Group reissued a “neutral” rating and set a $37.00 target price on shares of BOX in a research report on Wednesday. Weiss Ratings raised shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. Finally, DA Davidson reiterated a “buy” rating and set a $45.00 price objective on shares of BOX in a research note on Wednesday, May 27th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, BOX currently has a consensus rating of “Hold” and a consensus price target of $36.67.

Insider Buying and Selling at BOX

In related news, CEO Aaron Levie sold 15,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Eli Berkovitch sold 1,800 shares of the company’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $28.95, for a total transaction of $52,110.00. Following the completion of the sale, the vice president directly owned 109,254 shares in the company, valued at approximately $3,162,903.30. The trade was a 1.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 77,996 shares of company stock valued at $2,116,005 over the last quarter. Insiders own 3.99% of the company’s stock.

Key Stories Impacting BOX

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Raised earnings outlook: Box guided fiscal 2027 EPS to approximately $1.54, well above the $1.32 analyst consensus. Third-quarter EPS guidance of $0.39 also exceeded the $0.33 consensus, while projected revenue of $329 million topped the $324.5 million estimate. Box Q2 earnings and guidance
• Positive Sentiment: Healthy operating performance: Fiscal Q2 revenue increased 9% year over year to $321.1 million, exceeding the $319.3 million consensus. Billings rose 17% to $309.5 million, operating cash flow increased 54% to $70.8 million, and remaining performance obligations reached $1.7 billion. Box fiscal Q2 revenue report
• Positive Sentiment: Share repurchases provided support: Box repurchased approximately 2.6 million shares for $66 million during the quarter, potentially supporting per-share results and signaling management confidence. Box fiscal 2027 second-quarter results
• Neutral Sentiment: Results met, rather than exceeded, expectations: Adjusted EPS was $0.40, matching consensus but improving from $0.33 a year earlier. The revenue beat was modest, which may have limited the immediate upside reaction. Box earnings report
• Negative Sentiment: Valuation and profitability concerns remain: BOX was trading close to its 52-week high with a P/E ratio above 50, while its reported return on equity remained negative. Those factors may have encouraged profit-taking despite the upbeat guidance.

Institutional Trading of BOX

Several hedge funds and other institutional investors have recently bought and sold shares of BOX. Geneos Wealth Management Inc. purchased a new stake in BOX in the 1st quarter worth approximately $31,000. Employees Retirement System of Texas acquired a new stake in BOX during the third quarter valued at $35,000. CIBC Private Wealth Group LLC grew its position in BOX by 1,778.1% during the third quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock valued at $39,000 after buying an additional 1,138 shares during the period. Toronto Dominion Bank purchased a new position in BOX in the fourth quarter valued at $60,000. Finally, EverSource Wealth Advisors LLC raised its holdings in BOX by 1,995.4% in 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 during the period. 86.74% of the stock is owned by institutional investors and hedge funds.

About BOX

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.