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

Key Points

• Box, Inc. has received an average rating of "Moderate Buy" from ten brokerage firms, with one sell, one hold, seven buy, and one strong buy recommendations.
• The average 12-month price target for Box is $38.25, with several brokerages increasing their price objectives recently, including Raymond James’ target of $42.00.
• Insider trading activity has seen CEO Aaron Levie sell 15,000 shares at an average price of $32.81, resulting in a total sale value of approximately $492,150.

Shares of Box, Inc. (NYSE:BOX - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the ten ratings firms that are currently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $38.25.

A number of research analysts have recently weighed in on the company. Wall Street Zen lowered BOX from a "buy" rating to a "hold" rating in a report on Sunday, June 29th. JPMorgan Chase & Co. increased their price objective on BOX from $37.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, May 28th. UBS Group lowered BOX from a "buy" rating to a "neutral" rating and cut their price objective for the company from $42.00 to $36.00 in a report on Thursday. Morgan Stanley reissued a "positive" rating on shares of BOX in a report on Wednesday, May 28th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $42.00 price objective on shares of BOX in a report on Wednesday, August 27th.

BOX Stock Performance

NYSE:BOX traded up $0.30 during mid-day trading on Friday, hitting $32.47. 1,225,943 shares of the company's stock traded hands, compared to its average volume of 1,943,942. The company has a fifty day moving average of $32.24 and a 200 day moving average of $32.35. BOX has a twelve month low of $28.00 and a twelve month high of $38.80. The company has a market capitalization of $4.70 billion, a P/E ratio of 26.19 and a beta of 0.95.

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 negative return on equity of 21.77% and a net margin of 20.30%.The company had revenue of $294.00 million for the quarter, compared to analyst estimates of $290.19 million. During the same period in the prior year, the company posted $0.44 EPS. The firm's quarterly revenue was up 8.9% compared to the same quarter last year. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. On average, research analysts expect that BOX will post 0.27 earnings per share for the current fiscal year.

Insider Activity

In other BOX news, Director Dana L. Evan sold 7,590 shares of the business's stock in a transaction that occurred on Tuesday, July 8th. The stock was sold at an average price of $33.51, for a total value of $254,340.90. Following the completion of the transaction, the director directly owned 115,725 shares of the company's stock, valued at approximately $3,877,944.75. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Eli Berkovitch sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, July 10th. The shares were sold at an average price of $33.34, for a total value of $100,020.00. Following the completion of the transaction, the vice president directly owned 133,867 shares of the company's stock, valued at $4,463,125.78. The trade was a 2.19% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,752 shares of company stock valued at $3,395,069 over the last 90 days. Company insiders own 3.90% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of BOX. Quantinno Capital Management LP acquired a new position in BOX in the fourth quarter valued at approximately $289,000. State of Wyoming acquired a new position in BOX in the fourth quarter valued at approximately $181,000. Two Sigma Advisers LP lifted its holdings in BOX by 694.4% in the fourth quarter. Two Sigma Advisers LP now owns 85,800 shares of the software maker's stock valued at $2,711,000 after acquiring an additional 75,000 shares during the period. Woodline Partners LP lifted its holdings in BOX by 63.3% in the fourth quarter. Woodline Partners LP now owns 15,294 shares of the software maker's stock valued at $483,000 after acquiring an additional 5,930 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in BOX by 20.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 445,096 shares of the software maker's stock worth $14,065,000 after purchasing an additional 75,098 shares in the last quarter. 86.74% of the stock is owned by institutional investors and hedge funds.

About BOX

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.