Brokerages Set Box, Inc. (NYSE:BOX) Price Target at $38.50

Key Points

• Box, Inc. has garnered a consensus recommendation of "Moderate Buy" from nine brokerages, with a target price of $38.50 for the next 12 months.
• Despite a recent 1.1% drop in stock value, analysts have mixed ratings, with upgrades from firms like UBS Group and downgrades from others such as Wall Street Zen.
• CEO and VP sold shares in recent transactions, indicating a decrease in their stock ownership, while institutional investors hold a significant 86.74% stake in the company.

Shares of Box, Inc. (NYSE:BOX - Get Free Report) have earned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and eight have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $39.00.

Several equities analysts recently commented on BOX shares. Royal Bank Of Canada raised their target price on BOX from $24.00 to $26.00 and gave the stock an "underperform" rating in a research report on Wednesday. Raymond James Financial restated an "outperform" rating and set a $42.00 target price on shares of BOX in a research report on Wednesday. Citigroup raised their target price on BOX from $39.00 to $40.00 and gave the stock a "buy" rating in a research report on Wednesday. Morgan Stanley restated a "positive" rating on shares of BOX in a research report on Wednesday, May 28th. Finally, JPMorgan Chase & Co. raised their target price on BOX from $37.00 to $39.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 28th.

BOX Price Performance

Shares of BOX stock traded up $0.29 during trading on Tuesday, hitting $32.75. The stock had a trading volume of 3,011,946 shares, compared to its average volume of 2,030,825. The business has a fifty day moving average of $32.58 and a two-hundred day moving average of $32.51. The firm has a market cap of $4.71 billion, a P/E ratio of 26.41 and a beta of 0.96. BOX has a fifty-two week low of $28.00 and a fifty-two week high of $38.80.

BOX (NYSE:BOX - Get Free Report) last issued its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $294.00 million for the quarter, compared to analyst estimates of $290.19 million. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The business's revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the firm 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 forecast that BOX will post 0.27 earnings per share for the current year.

Insider Buying and Selling at BOX

In other news, Director Dana L. Evan sold 7,590 shares of the business's stock in a transaction dated Tuesday, July 8th. The stock was sold at an average price of $33.51, for a total value of $254,340.90. Following the sale, the director directly owned 115,725 shares in the company, valued at $3,877,944.75. The trade was a 6.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Eli Berkovitch sold 3,000 shares of the company's stock in a transaction dated Thursday, July 10th. The stock was sold at an average price of $33.34, for a total value of $100,020.00. Following the sale, the vice president owned 133,867 shares in the company, valued at $4,463,125.78. The trade was a 2.19% decrease in their position. The disclosure for this sale can be found here. Insiders sold 57,005 shares of company stock valued at $1,985,658 over the last quarter. 3.90% of the stock is owned by corporate insiders.

Institutional Trading of BOX

Several institutional investors and hedge funds have recently bought and sold shares of the business. Portside Wealth Group LLC raised its stake in BOX by 3.6% in the second quarter. Portside Wealth Group LLC now owns 10,380 shares of the software maker's stock valued at $355,000 after buying an additional 361 shares during the period. Beverly Hills Private Wealth LLC raised its stake in BOX by 3.2% in the first quarter. Beverly Hills Private Wealth LLC now owns 11,550 shares of the software maker's stock valued at $356,000 after buying an additional 362 shares during the period. TCTC Holdings LLC raised its stake in BOX by 115.4% in the first quarter. TCTC Holdings LLC now owns 825 shares of the software maker's stock valued at $25,000 after buying an additional 442 shares during the period. Aviva PLC grew its position in shares of BOX by 3.4% in the second quarter. Aviva PLC now owns 13,488 shares of the software maker's stock valued at $461,000 after purchasing an additional 442 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in BOX by 1.1% in the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 40,711 shares of the software maker's stock valued at $1,391,000 after purchasing an additional 461 shares during the period. Institutional investors own 86.74% of the company's stock.

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.