Box, Inc. (NYSE:BOX) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Box, Inc. has received an average rating of “Moderate Buy” from analysts, with eight buy recommendations and an average one-year price target of $38.25.
• CFO Dylan C. Smith and COO Olivia Nottebohm recently sold shares of the company's stock, indicating a modest decrease in their ownership, which has raised concerns among investors.
• The company's last earnings report showed revenue growth of 8.9% year-over-year, with earnings per share exceeding analyst expectations at $0.33 compared to a consensus estimate of $0.31.

Box, Inc. (NYSE:BOX - Get Free Report) has received a consensus rating of "Moderate Buy" from the eleven ratings firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eight have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $38.25.

A number of research analysts recently commented on BOX shares. Citigroup increased their target price on BOX from $39.00 to $40.00 and gave the company a "buy" rating in a research note on Wednesday, August 27th. Raymond James Financial reiterated an "outperform" rating and issued a $42.00 price objective on shares of BOX in a report on Wednesday, August 27th. Wall Street Zen downgraded BOX from a "buy" rating to a "hold" rating in a research report on Sunday, June 29th. Royal Bank Of Canada lifted their price target on shares of BOX from $24.00 to $26.00 and gave the stock an "underperform" rating in a research note on Wednesday, August 27th. Finally, Zacks Research lowered shares of BOX from a "strong-buy" rating to a "hold" rating in a report on Friday, September 26th.

Insider Buying and Selling

In other news, CFO Dylan C. Smith sold 17,000 shares of the firm's stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $33.05, for a total value of $561,850.00. Following the transaction, the chief financial officer owned 1,454,013 shares in the company, valued at approximately $48,055,129.65. This trade represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Olivia Nottebohm sold 4,612 shares of the firm's stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $33.10, for a total transaction of $152,657.20. Following the completion of the transaction, the chief operating officer owned 506,863 shares in the company, valued at $16,777,165.30. This represents a 0.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 100,138 shares of company stock worth $3,286,521 in the last 90 days. 3.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BOX

Hedge funds and other institutional investors have recently modified their holdings of the company. Cerity Partners LLC bought a new position in shares of BOX during the first quarter valued at about $1,395,000. Sunriver Management LLC increased its holdings in BOX by 62.9% during the 1st quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker's stock valued at $47,736,000 after purchasing an additional 597,410 shares during the period. SG Americas Securities LLC grew its position in shares of BOX by 420.1% in the 1st quarter. SG Americas Securities LLC now owns 30,067 shares of the software maker's stock worth $928,000 after buying an additional 24,286 shares during the last quarter. GAMMA Investing LLC grew its position in shares of BOX by 184.4% in the 1st quarter. GAMMA Investing LLC now owns 4,135 shares of the software maker's stock worth $128,000 after buying an additional 2,681 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of BOX by 2.9% in the 1st quarter. Principal Financial Group Inc. now owns 801,576 shares of the software maker's stock worth $24,737,000 after buying an additional 22,526 shares during the last quarter. 86.74% of the stock is owned by institutional investors.

BOX Stock Down 0.3%

Shares of NYSE BOX opened at $32.66 on Wednesday. BOX has a twelve month low of $28.00 and a twelve month high of $38.80. The firm has a market capitalization of $4.73 billion, a P/E ratio of 26.34 and a beta of 0.90. The stock's 50-day simple moving average is $32.27 and its two-hundred day simple moving average is $32.52.

BOX (NYSE:BOX - Get Free Report) last announced its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The business had revenue of $294.00 million during the quarter, compared to analyst estimates of $290.19 million. During the same period in the previous year, the business posted $0.44 earnings per share. BOX's revenue for the quarter 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, research analysts anticipate that BOX will post 0.27 EPS for the current fiscal year.

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.

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