BOX (NYSE:BOX) Issues FY 2026 Earnings Guidance

BOX (NYSE:BOX - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.220-1.260 for the period. The company issued revenue guidance of $1.2 billion-$1.2 billion. BOX also updated its Q2 2026 guidance to 0.300-0.310 EPS.

BOX Trading Up 1.3%

BOX stock traded up $0.40 during trading on Tuesday, hitting $31.49. 3,775,942 shares of the company's stock were exchanged, compared to its average volume of 1,830,479. BOX has a 52-week low of $24.63 and a 52-week high of $36.33. The business has a 50-day moving average price of $30.76 and a two-hundred day moving average price of $32.11. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 39.36, a PEG ratio of 4.42 and a beta of 0.94.

BOX (NYSE:BOX - Get Free Report) last posted its earnings results on Tuesday, May 27th. The software maker reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.22). BOX had a net margin of 13.96% and a negative return on equity of 17.20%. On average, equities research analysts anticipate that BOX will post 0.27 earnings per share for the current fiscal year.

BOX declared that its board has approved a share repurchase program on Tuesday, March 4th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the software maker to repurchase up to 3.1% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research firms have recently commented on BOX. Raymond James restated an "outperform" rating and issued a $38.00 price objective (down from $40.00) on shares of BOX in a report on Wednesday, March 5th. Royal Bank of Canada restated an "underperform" rating and issued a $21.00 price objective on shares of BOX in a report on Wednesday, March 19th. JPMorgan Chase & Co. cut their price objective on BOX from $38.00 to $37.00 and set an "overweight" rating on the stock in a report on Wednesday, March 5th. DA Davidson cut their price objective on BOX from $45.00 to $40.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Morgan Stanley cut their price objective on BOX from $36.00 to $35.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $36.44.

Insiders Place Their Bets

In other BOX news, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $31.95, for a total transaction of $415,350.00. Following the sale, the chief financial officer now directly owns 1,440,684 shares in the company, valued at $46,029,853.80. The trade was a 0.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aaron Levie sold 10,000 shares of BOX stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $32.08, for a total value of $320,800.00. Following the sale, the chief executive officer now owns 2,979,780 shares in the company, valued at $95,591,342.40. This represents a 0.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,377 shares of company stock worth $2,060,714 in the last three months. 3.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. acquired a new position in BOX during the 1st quarter valued at approximately $31,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in BOX by 7.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 477,822 shares of the software maker's stock valued at $14,746,000 after purchasing an additional 32,726 shares during the period. Finally, Woodline Partners LP boosted its position in BOX by 16.4% during the 1st quarter. Woodline Partners LP now owns 17,800 shares of the software maker's stock valued at $549,000 after purchasing an additional 2,506 shares during the period. Institutional investors and hedge funds own 86.74% of the company's stock.

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.

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