BOX (NYSE:BOX) Price Target Raised to $42.00 at UBS Group

BOX (NYSE:BOX) had its target price lifted by UBS Group from $40.00 to $42.00 in a research report sent to investors on Wednesday morning, MarketBeat reports. UBS Group currently has a buy rating on the software maker’s stock.

Several other research analysts also recently weighed in on BOX. DA Davidson set a $45.00 price target on BOX and gave the stock a “buy” rating in a research note on Wednesday, May 28th. JPMorgan Chase & Co. increased their price target on BOX from $37.00 to $39.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 28th. Raymond James Financial reiterated an “outperform” rating and set a $42.00 price target on shares of BOX in a research note on Wednesday. Wall Street Zen downgraded BOX from a “buy” rating to a “hold” rating in a research note on Sunday, June 29th. Finally, Morgan Stanley reiterated a “positive” rating on shares of BOX in a research note on Wednesday, May 28th. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $39.00.

BOX Price Performance

Shares of BOX stock opened at $32.48 on Wednesday. BOX has a 1 year low of $28.00 and a 1 year high of $38.80. The firm has a market cap of $4.67 billion, a PE ratio of 26.19 and a beta of 0.96. The stock has a fifty day moving average price of $32.62 and a 200-day moving average price of $32.52.

BOX (NYSE:BOX) last announced its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. BOX had a negative return on equity of 20.49% and a net margin of 20.30%.The firm had revenue of $294.00 million during the quarter, compared to analyst estimates of $290.19 million. During the same period last year, the firm posted $0.44 EPS. The business’s revenue was up 8.9% compared to the same quarter last year. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. As a group, equities analysts anticipate that BOX will post 0.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other BOX news, VP Eli Berkovitch sold 5,924 shares of the firm’s stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $37.70, for a total value of $223,334.80. Following the completion of the transaction, the vice president owned 138,770 shares in the company, valued at $5,231,629. This trade represents a 4.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Aaron Levie sold 15,000 shares of the firm’s stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $33.35, for a total value of $500,250.00. Following the completion of the transaction, the chief executive officer owned 2,952,030 shares of the company’s stock, valued at approximately $98,450,200.50. This represents a 0.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 57,005 shares of company stock worth $1,985,658 over the last quarter. Insiders own 3.90% of the company’s stock.

Institutional Trading of BOX

A number of large investors have recently modified their holdings of the business. Arrowstreet Capital Limited Partnership boosted its position in shares of BOX by 10.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 4,247,092 shares of the software maker’s stock valued at $145,123,000 after acquiring an additional 410,191 shares during the last quarter. Acadian Asset Management LLC boosted its position in shares of BOX by 36.4% during the 2nd quarter. Acadian Asset Management LLC now owns 4,137,447 shares of the software maker’s stock valued at $141,345,000 after acquiring an additional 1,104,314 shares during the last quarter. RGM Capital LLC boosted its position in shares of BOX by 9.3% during the 1st quarter. RGM Capital LLC now owns 3,749,773 shares of the software maker’s stock valued at $115,718,000 after acquiring an additional 318,459 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of BOX by 1.0% during the 2nd quarter. Geode Capital Management LLC now owns 3,346,923 shares of the software maker’s stock valued at $114,379,000 after acquiring an additional 32,884 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of BOX by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,610,450 shares of the software maker’s stock valued at $82,492,000 after acquiring an additional 11,376 shares during the last quarter. Institutional investors own 86.74% of the company’s stock.

BOX Company Profile

Box, Inc engages in the provision of an enterprise content platform that enables organizations to securely manage enterprise content while allowing easy, secure access and sharing of this content from anywhere, on any device. Its products include cloud content management, IT and admin controls, Box Governance, Box Zones, Box Relay, Box Shuttle, and Box KeySafe.