BOX (NYSE:BOX) Updates Q3 2027 Earnings Guidance

BOX (NYSE:BOX) issued an update on its third quarter 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.390-0.390 for the period, compared to the consensus EPS estimate of 0.330. The company issued revenue guidance of $329.0 million-$329.0 million, compared to the consensus revenue estimate of $324.5 million. BOX also updated its FY 2027 guidance to 1.540-1.540 EPS.

BOX Stock Down 1.5%

NYSE:BOX traded down $0.51 during mid-day trading on Tuesday, reaching $32.96. The company’s stock had a trading volume of 4,225,083 shares, compared to its average volume of 2,587,051. BOX has a 1 year low of $21.34 and a 1 year high of $33.88. The stock has a fifty day moving average of $29.69 and a 200-day moving average of $26.31. The firm has a market capitalization of $4.56 billion, a PE ratio of 50.71, a price-to-earnings-growth ratio of 11.61 and a beta of 0.73.

BOX (NYSE:BOX) last posted its earnings results on Tuesday, August 25th. The software maker reported $0.40 EPS for the quarter, meeting analysts’ consensus estimates of $0.40. The business had revenue of $321.15 million for 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%. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. On average, analysts expect that BOX will post 0.31 earnings per share for the current year.

Analysts Set New Price Targets

BOX has been the subject of a number of recent research reports. Citigroup boosted their target price on shares of BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Weiss Ratings upgraded shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. Wall Street Zen lowered BOX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. UBS Group increased their price target on BOX from $28.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, DA Davidson reissued a “buy” rating and issued a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $35.33.

Insider Transactions at BOX

In other BOX news, VP Eli Berkovitch sold 6,300 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $25.36, for a total transaction of $159,768.00. Following the completion of the transaction, the vice president directly owned 115,679 shares of the company’s stock, valued at approximately $2,933,619.44. This trade represents a 5.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Aaron Levie sold 15,000 shares of BOX stock in a transaction that occurred 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 sale, the chief executive officer 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 77,996 shares of company stock valued at $2,116,005 in the last quarter. Insiders own 3.99% of the company’s stock.

Hedge Funds Weigh In On BOX

A number of institutional investors have recently modified their holdings of the stock. XTX Topco Ltd lifted its holdings in shares of BOX by 283.2% in the 4th quarter. XTX Topco Ltd now owns 99,652 shares of the software maker’s stock valued at $2,981,000 after buying an additional 73,645 shares during the period. Voloridge Investment Management LLC grew its holdings in BOX by 76.2% during the fourth quarter. Voloridge Investment Management LLC now owns 681,785 shares of the software maker’s stock worth $20,392,000 after acquiring an additional 294,954 shares during the period. Toronto Dominion Bank acquired a new stake in BOX during the fourth quarter worth about $60,000. Tudor Investment Corp ET AL raised its position in BOX by 294.9% during the fourth quarter. Tudor Investment Corp ET AL now owns 449,973 shares of the software maker’s stock valued at $13,459,000 after acquiring an additional 336,023 shares in the last quarter. Finally, Numerai GP LLC lifted its holdings in BOX by 152.4% in the fourth quarter. Numerai GP LLC now owns 46,524 shares of the software maker’s stock valued at $1,392,000 after acquiring an additional 28,091 shares during the period. Hedge funds and other institutional investors own 86.74% of the company’s stock.

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.