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

Shares of Box, Inc. (NYSE:BOX) have been given an average recommendation of “Hold” by the nine research firms that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $37.80.

A number of equities research analysts recently weighed in on BOX shares. Royal Bank Of Canada restated an “underperform” rating and issued a $26.00 price target on shares of BOX in a research note on Wednesday, August 26th. DA Davidson lifted their price objective on shares of BOX from $45.00 to $50.00 and gave the stock a “buy” rating in a research report on Wednesday, August 26th. Bank of America reiterated a “buy” rating on shares of BOX in a report on Wednesday, August 26th. Morgan Stanley raised their target price on shares of BOX from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 26th. Finally, Weiss Ratings raised shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 23rd.

BOX Stock Performance

BOX stock opened at $35.22 on Friday. BOX has a 52 week low of $21.34 and a 52 week high of $36.34. The stock has a market capitalization of $4.83 billion, a P/E ratio of 51.04, a PEG ratio of 11.97 and a beta of 0.73. The stock has a 50-day simple moving average of $31.42 and a 200 day simple moving average of $26.97.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. BOX had a negative return on equity of 20.97% and a net margin of 10.59%.The firm had revenue of $321.15 million for the quarter, compared to analyst estimates of $319.33 million. During the same quarter in the prior year, the company earned $0.33 earnings per share. 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. Research analysts forecast that BOX will post 0.32 earnings per share for the current year.

Insider Activity at BOX

In other BOX news, CFO Dylan C. Smith sold 17,000 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $29.05, for a total transaction of $493,850.00. Following the completion of the sale, the chief financial officer directly owned 1,337,075 shares in the company, valued at $38,842,028.75. This trade represents a 1.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Olivia Nottebohm sold 5,834 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $32.31, for a total value of $188,496.54. Following the completion of the transaction, the chief operating officer directly owned 513,382 shares in the company, valued at $16,587,372.42. The trade was a 1.12% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 75,546 shares of company stock valued at $2,094,798. 3.99% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of BOX by 8.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 5,093 shares of the software maker’s stock worth $147,000 after buying an additional 405 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of BOX by 1.7% in the fourth quarter. ProShare Advisors LLC now owns 27,634 shares of the software maker’s stock valued at $827,000 after acquiring an additional 449 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in shares of BOX by 22.9% in the second quarter. Smartleaf Asset Management LLC now owns 2,633 shares of the software maker’s stock valued at $90,000 after acquiring an additional 490 shares in the last quarter. Maryland State Retirement & Pension System increased its position in BOX by 2.4% during the fourth quarter. Maryland State Retirement & Pension System now owns 21,318 shares of the software maker’s stock worth $638,000 after acquiring an additional 500 shares during the period. Finally, Raymond James Financial Inc. increased its position in BOX by 1.5% during the second quarter. Raymond James Financial Inc. now owns 37,237 shares of the software maker’s stock worth $1,272,000 after acquiring an additional 541 shares during the period. 86.74% of the stock is owned by institutional investors and hedge funds.

BOX Company Profile

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.