Box, Inc. (NYSE:BOX) Receives $38.25 Average Target Price from Analysts

Box, Inc. (NYSE:BOX) has been assigned an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $38.25.

A number of research firms recently issued reports on BOX. Zacks Research downgraded shares of BOX from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. UBS Group cut BOX from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $42.00 to $36.00 in a report on Thursday, September 18th. Raymond James Financial restated an “outperform” rating and issued a $42.00 target price on shares of BOX in a research note on Wednesday, August 27th. Royal Bank Of Canada boosted their price target on BOX from $24.00 to $26.00 and gave the company an “underperform” rating in a report on Wednesday, August 27th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of BOX in a report on Wednesday, October 8th.

BOX Stock Up 0.1%

Shares of NYSE BOX opened at $32.00 on Friday. BOX has a 52 week low of $28.00 and a 52 week high of $38.80. The business’s 50 day moving average price is $32.49 and its 200 day moving average price is $32.86. The firm has a market cap of $4.64 billion, a P/E ratio of 25.81 and a beta of 0.87.

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

Insiders Place Their Bets

In other news, Director Jack R. Lazar sold 5,000 shares of the firm’s stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $32.20, for a total transaction of $161,000.00. Following the sale, the director directly owned 27,855 shares in the company, valued at $896,931. This trade represents a 15.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Eli Berkovitch sold 3,500 shares of BOX stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $32.77, for a total value of $114,695.00. Following the completion of the transaction, the vice president owned 128,847 shares of the company’s stock, valued at approximately $4,222,316.19. This represents a 2.64% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 122,336 shares of company stock valued at $3,986,999. Insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BOX. Cerity Partners LLC purchased a new stake in BOX in the 1st quarter worth $1,395,000. Kesler Norman & Wride LLC grew its position in shares of BOX by 26.6% in the first quarter. Kesler Norman & Wride LLC now owns 27,260 shares of the software maker’s stock valued at $841,000 after purchasing an additional 5,724 shares during the period. Xponance Inc. increased its stake in shares of BOX by 3.5% during the first quarter. Xponance Inc. now owns 15,029 shares of the software maker’s stock worth $464,000 after purchasing an additional 513 shares in the last quarter. MQS Management LLC purchased a new stake in shares of BOX during the first quarter worth about $226,000. Finally, Edgestream Partners L.P. raised its position in shares of BOX by 248.8% during the 1st quarter. Edgestream Partners L.P. now owns 294,887 shares of the software maker’s stock worth $9,100,000 after purchasing an additional 210,350 shares during the last quarter. 86.74% of the stock is owned by institutional investors and hedge funds.

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.