BOX (NYSE:BOX) Earns Underperform Rating from Royal Bank Of Canada

BOX (NYSE:BOX)‘s stock had its “underperform” rating restated by Royal Bank Of Canada in a research note issued on Wednesday,Benzinga reports. They currently have a $26.00 target price on the software maker’s stock. Royal Bank Of Canada’s price objective would indicate a potential downside of 21.12% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the stock. UBS Group reiterated a “neutral” rating and issued a $37.00 price target (up from $29.00) on shares of BOX in a research report on Wednesday. Weiss Ratings raised BOX from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 23rd. DA Davidson restated a “buy” rating and set a $45.00 price objective on shares of BOX in a research note on Wednesday, May 27th. Wall Street Zen cut BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Citigroup restated a “buy” rating on shares of BOX in a research report on Wednesday. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $36.67.

BOX Stock Performance

NYSE:BOX opened at $32.96 on Wednesday. BOX has a 52 week low of $21.34 and a 52 week high of $33.88. The firm has a market cap of $4.56 billion, a price-to-earnings ratio of 50.71, a P/E/G ratio of 11.81 and a beta of 0.73. The firm’s 50-day simple moving average is $29.84 and its 200 day simple moving average is $26.37.

BOX (NYSE:BOX) last posted its quarterly earnings data 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 firm had revenue of $321.15 million during the quarter, compared to the consensus estimate of $319.33 million. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 EPS. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Sell-side analysts anticipate that BOX will post 0.31 EPS for the current year.

Insider Buying and Selling at BOX

In other BOX news, VP Eli Berkovitch sold 1,800 shares of the business’s stock in a transaction that occurred 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 sale, the vice president directly owned 109,254 shares of the company’s stock, valued at $3,162,903.30. The trade was a 1.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Dylan C. Smith sold 17,000 shares of BOX stock in a transaction on Friday, July 10th. The stock was sold at an average price of $29.05, for a total transaction of $493,850.00. Following the transaction, the chief financial officer owned 1,337,075 shares in the company, valued at approximately $38,842,028.75. This trade represents a 1.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 77,996 shares of company stock valued at $2,116,005 in the last quarter. 3.99% of the stock is currently owned by corporate insiders.

Institutional Trading of BOX

A number of institutional investors have recently bought and sold shares of BOX. Woodline Partners LP boosted its holdings in shares of BOX by 16.4% during the 1st quarter. Woodline Partners LP now owns 17,800 shares of the software maker’s stock worth $549,000 after buying an additional 2,506 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of BOX by 7.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 477,822 shares of the software maker’s stock worth $14,746,000 after acquiring an additional 32,726 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in BOX in the 1st quarter worth about $31,000. Sivia Capital Partners LLC bought a new position in shares of BOX in the second quarter valued at approximately $484,000. Finally, Invesco Ltd. grew its stake in BOX by 101.1% in the 2nd quarter. Invesco Ltd. now owns 1,141,603 shares of the software maker’s stock valued at $39,009,000 after purchasing an additional 573,817 shares during the period. Institutional investors own 86.74% of the company’s stock.

More BOX News

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Box reported fiscal second-quarter revenue of $321.1 million, up 9.2% year over year and ahead of the $319.3 million consensus estimate. Billings increased 17% to $309.5 million, while operating cash flow rose 54% to $70.8 million. Box quarterly earnings report
• Positive Sentiment: Management issued fiscal third-quarter EPS guidance of $0.39, above the $0.33 analyst consensus, and revenue guidance of approximately $329 million versus expectations of $324.5 million.
• Positive Sentiment: Full-year fiscal 2027 EPS guidance of $1.54 is well above the $1.32 consensus estimate, signaling management expects stronger profitability. Box also repurchased approximately 2.6 million shares for $66 million during the quarter, supporting per-share results. Box fiscal second-quarter financial results
• Neutral Sentiment: Adjusted EPS was $0.40, matching consensus but improving from $0.33 a year earlier. The earnings “beat” was therefore limited, despite the modest revenue outperformance.
• Negative Sentiment: Full-year revenue guidance of approximately $1.3 billion was broadly in line with analyst expectations, offering little upward revision to the company’s growth outlook.
• Negative Sentiment: Box continues to report a negative return on equity of 24.19%, and its elevated valuation—approximately 51 times earnings—may increase investor sensitivity when quarterly results do not significantly exceed expectations.

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.