Box, Inc. (NYSE:BOX) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Box, Inc. (NYSE:BOX) have received an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $38.25.

Several research firms have weighed in on BOX. JPMorgan Chase & Co. boosted their price objective on BOX from $37.00 to $39.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 28th. Royal Bank Of Canada boosted their price objective on BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 27th. DA Davidson set a $45.00 target price on BOX and gave the company a “buy” rating in a research note on Wednesday, May 28th. UBS Group lowered BOX from a “buy” rating to a “neutral” rating and lowered their target price for the company from $42.00 to $36.00 in a research note on Thursday, September 18th. Finally, Wall Street Zen lowered BOX from a “buy” rating to a “hold” rating in a research note on Sunday, June 29th.

BOX Trading Down 0.0%

BOX stock opened at $32.36 on Friday. The stock’s fifty day simple moving average is $32.25 and its two-hundred day simple moving average is $32.35. BOX has a 1-year low of $28.00 and a 1-year high of $38.80. The stock has a market cap of $4.69 billion, a P/E ratio of 26.09 and a beta of 0.95.

BOX (NYSE:BOX) last posted its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The business had revenue of $294.00 million for the quarter, compared to analysts’ expectations of $290.19 million. During the same quarter in the previous year, the firm earned $0.44 earnings per share. The business’s revenue was up 8.9% on a year-over-year basis. 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, analysts forecast that BOX will post 0.27 earnings per share for the current fiscal year.

Insider Transactions at BOX

In other BOX news, COO Olivia Nottebohm sold 2,013 shares of the business’s stock in a transaction on Friday, August 8th. The stock was sold at an average price of $32.00, for a total value of $64,416.00. Following the sale, the chief operating officer directly owned 530,060 shares in the company, valued at $16,961,920. The trade was a 0.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Dana L. Evan sold 7,590 shares of the business’s stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $33.51, for a total value of $254,340.90. Following the completion of the sale, the director owned 115,725 shares in the company, valued at approximately $3,877,944.75. The trade was a 6.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,739 shares of company stock valued at $3,325,419. 3.90% of the stock is currently owned by insiders.

Institutional Trading of BOX

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Thrivent Financial for Lutherans raised its stake in shares of BOX by 0.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 106,482 shares of the software maker’s stock valued at $3,638,000 after purchasing an additional 929 shares during the period. Neuberger Berman Group LLC increased its stake in BOX by 38.1% in the 2nd quarter. Neuberger Berman Group LLC now owns 955,286 shares of the software maker’s stock worth $32,637,000 after acquiring an additional 263,619 shares during the last quarter. State of Wyoming increased its stake in BOX by 68.9% in the 2nd quarter. State of Wyoming now owns 9,942 shares of the software maker’s stock worth $340,000 after acquiring an additional 4,054 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in BOX by 79.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,810 shares of the software maker’s stock worth $62,000 after acquiring an additional 800 shares during the last quarter. Finally, Public Sector Pension Investment Board increased its stake in BOX by 6.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 552,049 shares of the software maker’s stock worth $18,864,000 after acquiring an additional 32,970 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors.

About BOX

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.