BOX (NYSE:BOX) Releases 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 earnings per share 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 Stock Up 1.3%

NYSE BOX traded up $0.49 on Friday, reaching $37.84. 3,948,945 shares of the stock traded hands, compared to its average volume of 1,909,790. The firm's fifty day simple moving average is $31.19 and its 200 day simple moving average is $32.17. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 47.30, a P/E/G ratio of 4.42 and a beta of 0.94. BOX has a 12 month low of $24.63 and a 12 month high of $37.96.

BOX (NYSE:BOX - Get Free Report) last issued its quarterly earnings results on Tuesday, May 27th. The software maker reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The firm had revenue of $276.27 million during the quarter, compared to analyst estimates of $274.77 million. BOX had a negative return on equity of 17.20% and a net margin of 13.96%. The firm's quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the company posted $0.39 EPS. As a group, equities research analysts forecast that BOX will post 0.27 EPS for the current fiscal year.

BOX declared that its Board of Directors has initiated a share repurchase plan on Tuesday, March 4th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the software maker to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

BOX has been the subject of a number of research reports. Wall Street Zen raised BOX from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. UBS Group raised BOX from a "buy" rating to a "strong-buy" rating and increased their price target for the company from $37.00 to $40.00 in a research note on Wednesday. DA Davidson set a $45.00 price target on BOX and gave the company a "buy" rating in a research note on Wednesday. JPMorgan Chase & Co. raised their price objective on BOX from $37.00 to $39.00 and gave the stock an "overweight" rating in a research note on Wednesday. Finally, Raymond James reissued an "outperform" rating and set a $42.00 price objective (up from $38.00) on shares of BOX in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $38.50.

Insider Transactions at BOX

In other news, COO Olivia Nottebohm sold 1,332 shares of the stock in a transaction on Monday, April 7th. The stock was sold at an average price of $29.01, for a total value of $38,641.32. Following the completion of the sale, the chief operating officer now owns 492,545 shares in the company, valued at $14,288,730.45. This represents a 0.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Dylan C. Smith sold 13,000 shares of the stock in a transaction on Monday, March 10th. The shares were sold at an average price of $31.95, for a total value of $415,350.00. Following the completion of the sale, the chief financial officer now owns 1,440,684 shares of the company's stock, valued at $46,029,853.80. The trade was a 0.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 66,377 shares of company stock valued at $2,060,714 in the last three months. 3.90% of the stock is currently owned by corporate insiders.

Institutional Trading of BOX

Hedge funds have recently modified their holdings of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of BOX by 7.4% in the first 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 in the last quarter. Woodline Partners LP lifted its holdings in shares of BOX by 16.4% in the first 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 in the last quarter. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of BOX in the first quarter valued at $31,000. Hedge funds and other 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.