Box, Inc. (NYSE:BOX) Receives $35.33 Consensus Target Price from Analysts

Shares of Box, Inc. (NYSE:BOX) have been given a consensus recommendation of “Hold” by the nine brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $35.3333.

Several brokerages have recently issued reports on BOX. DA Davidson reiterated a “buy” rating and set a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Wall Street Zen downgraded BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Citigroup raised their price objective on shares of BOX from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of BOX from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. Finally, UBS Group lifted their target price on shares of BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th.

BOX Trading Up 0.3%

NYSE BOX opened at $30.56 on Friday. BOX has a 1-year low of $21.34 and a 1-year high of $33.88. The firm’s fifty day simple moving average is $26.58 and its 200-day simple moving average is $25.53. The company has a market capitalization of $4.23 billion, a PE ratio of 47.01, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74.

BOX (NYSE:BOX) last released its quarterly earnings data on Tuesday, May 26th. The software maker reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.The firm had revenue of $305.94 million during the quarter, compared to analysts’ expectations of $304.39 million. During the same quarter last year, the firm earned $0.30 earnings per share. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. As a group, analysts predict that BOX will post 0.31 EPS for the current year.

Insider Buying and Selling at BOX

In other news, COO Olivia Nottebohm sold 12,470 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $25.17, for a total transaction of $313,869.90. Following the transaction, the chief operating officer owned 558,739 shares in the company, valued at approximately $14,063,460.63. This trade represents a 2.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Aaron Levie sold 15,000 shares of BOX 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 sale, the chief executive officer directly owned 2,874,673 shares of the company’s stock, valued at approximately $69,912,047.36. The trade was a 0.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 108,460 shares of company stock worth $2,806,201 over the last quarter. Company insiders own 3.99% of the company’s stock.

Hedge Funds Weigh In On BOX

Several institutional investors have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership boosted its stake in shares of BOX by 9.0% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,918,991 shares of the software maker’s stock worth $116,285,000 after acquiring an additional 407,733 shares in the last quarter. RGM Capital LLC raised its stake in shares of BOX by 8.2% in the 4th quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock valued at $99,605,000 after acquiring an additional 251,520 shares in the last quarter. Sei Investments Co. raised its stake in shares of BOX by 2.9% in the 3rd quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock valued at $107,033,000 after acquiring an additional 94,289 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in BOX by 823,134.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock worth $91,351,000 after purchasing an additional 3,053,829 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in BOX by 0.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,674,883 shares of the software maker’s stock worth $63,232,000 after purchasing an additional 13,983 shares during the last quarter. 86.74% of the stock is currently owned by institutional investors.

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.