Analysts Set Box, Inc. (NYSE:BOX) PT at $35.33

Box, Inc. (NYSE:BOX) has earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $35.3333.

BOX has been the subject of several analyst reports. UBS Group raised their price target 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. Citigroup boosted their price objective on shares of BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. DA Davidson reaffirmed a “buy” rating and set a $45.00 target price on shares of BOX in a report on Wednesday, May 27th. Finally, Weiss Ratings raised BOX from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, July 23rd.

Insider Buying and Selling

In related news, CFO Dylan C. Smith sold 17,000 shares of BOX stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $26.00, for a total value of $442,000.00. Following the transaction, the chief financial officer directly owned 1,364,049 shares of the company’s stock, valued at $35,465,274. The trade was a 1.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aaron Levie sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $24.32, for a total value of $364,800.00. Following the completion of the sale, the chief executive officer owned 2,874,673 shares in the company, valued at $69,912,047.36. The trade was a 0.52% decrease in their ownership of the stock. 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 over the last three months. 3.99% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of BOX by 823,134.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,054,200 shares of the software maker’s stock worth $91,351,000 after buying an additional 3,053,829 shares during the period. Norges Bank acquired a new position in BOX in the fourth quarter valued at $58,814,000. Qube Research & Technologies Ltd lifted its holdings in BOX by 240.6% in the second quarter. Qube Research & Technologies Ltd now owns 1,210,237 shares of the software maker’s stock valued at $41,354,000 after buying an additional 854,953 shares during the period. Cubist Systematic Strategies LLC bought a new stake in BOX during the second quarter valued at $22,626,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in BOX by 15.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,511,258 shares of the software maker’s stock valued at $134,932,000 after acquiring an additional 604,946 shares during the last quarter. Institutional investors and hedge funds own 86.74% of the company’s stock.

BOX Price Performance

BOX stock opened at $32.29 on Tuesday. The business has a 50 day moving average of $28.99 and a 200-day moving average of $26.05. BOX has a 1 year low of $21.34 and a 1 year high of $33.88. The company has a market capitalization of $4.47 billion, a P/E ratio of 49.68, a P/E/G ratio of 11.52 and a beta of 0.73.

BOX (NYSE:BOX) last posted its earnings results on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. BOX had a net margin of 10.35% and a negative return on equity of 24.19%. The business had revenue of $305.94 million for the quarter, compared to the consensus estimate of $304.39 million. During the same period last year, the company earned $0.30 EPS. The firm’s revenue was up 10.7% compared to the same quarter last year. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. Equities analysts anticipate that BOX will post 0.31 EPS for the current year.

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.