Analysts Set Box, Inc. (NYSE:BOX) PT 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.

Box, Inc. (NYSE:BOX - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the ten ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eight have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $39.00.

A number of analysts recently weighed in on the company. Royal Bank Of Canada boosted their target price on BOX from $24.00 to $26.00 and gave the stock an "underperform" rating in a research report on Wednesday. JPMorgan Chase & Co. boosted 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. Morgan Stanley restated a "positive" rating on shares of BOX in a research report on Wednesday, May 28th. UBS Group boosted their target price on BOX from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Zacks Research upgraded BOX from a "hold" rating to a "strong-buy" rating in a research report on Thursday.

BOX Trading Down 0.7%

Shares of NYSE BOX traded down $0.24 during midday trading on Tuesday, hitting $32.59. 2,571,684 shares of the company's stock were exchanged, compared to its average volume of 2,163,685. BOX has a 12-month low of $28.00 and a 12-month high of $38.80. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 26.28 and a beta of 0.95. The business's fifty day moving average price is $32.54 and its two-hundred day moving average price is $32.46.

BOX (NYSE:BOX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 26th. The software maker reported $0.33 EPS for the quarter, topping the consensus estimate of $0.31 by $0.02. The company had revenue of $294.00 million during 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%.BOX's revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.44 earnings per share. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS. Equities analysts expect that BOX will post 0.27 earnings per share for the current fiscal year.

Insider Transactions at BOX

In other BOX news, VP Eli Berkovitch sold 3,000 shares of the business's stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $33.34, for a total value of $100,020.00. Following the completion of the sale, the vice president owned 133,867 shares in the company, valued at approximately $4,463,125.78. The trade was a 2.19% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Bethany Mayer sold 5,123 shares of the business's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $34.06, for a total value of $174,489.38. Following the completion of the sale, the director owned 15,284 shares of the company's stock, valued at $520,573.04. The trade was a 25.10% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 51,081 shares of company stock valued at $1,762,323. Insiders own 3.90% of the company's stock.

Institutional Trading of BOX

Several hedge funds and other institutional investors have recently bought and sold shares of BOX. Acadian Asset Management LLC lifted its position in BOX by 36.4% in the second quarter. Acadian Asset Management LLC now owns 4,137,447 shares of the software maker's stock valued at $141,345,000 after purchasing an additional 1,104,314 shares during the last quarter. Norges Bank bought a new stake in BOX in the second quarter valued at approximately $33,042,000. Qube Research & Technologies Ltd lifted its position in BOX by 240.6% in the second quarter. Qube Research & Technologies Ltd now owns 1,210,237 shares of the software maker's stock valued at $41,354,000 after purchasing an additional 854,953 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of BOX during the second quarter valued at approximately $22,626,000. Finally, Sunriver Management LLC raised its holdings in shares of BOX by 62.9% during the first quarter. Sunriver Management LLC now owns 1,546,862 shares of the software maker's stock valued at $47,736,000 after acquiring an additional 597,410 shares in the last quarter. 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.