BOX (NYSE:BOX) Updates Q2 2026 Earnings Guidance

BOX (NYSE:BOX - Get Free Report) updated its second quarter 2026 earnings guidance on Tuesday. The company provided EPS guidance of 0.300-0.310 for the period. The company issued revenue guidance of $290.0 million-$291.0 million. BOX also updated its FY 2026 guidance to 1.220-1.260 EPS.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BOX. UBS Group upgraded BOX from a "buy" rating to a "strong-buy" rating and increased their price objective for the stock from $37.00 to $40.00 in a report on Wednesday. Morgan Stanley reissued a "positive" rating on shares of BOX in a research report on Wednesday. Wall Street Zen raised shares of BOX from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. DA Davidson set a $45.00 target price on shares of BOX and gave the stock a "buy" rating in a research report on Wednesday. Finally, Royal Bank of Canada increased their target price on shares of BOX from $21.00 to $24.00 and gave the stock an "underperform" rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, one has given a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $38.50.

BOX Trading Up 1.3%

BOX stock traded up $0.49 during mid-day trading on Friday, hitting $37.84. 3,948,945 shares of the company's stock were exchanged, compared to its average volume of 1,909,790. The stock has a market cap of $5.44 billion, a P/E ratio of 47.30, a P/E/G ratio of 4.42 and a beta of 0.94. The stock has a 50 day moving average of $31.19 and a two-hundred day moving average of $32.17. BOX has a 1-year low of $24.63 and a 1-year 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 the consensus estimate of $0.25 by $0.05. The company had revenue of $276.27 million for the quarter, compared to the consensus estimate of $274.77 million. BOX had a negative return on equity of 17.20% and a net margin of 13.96%. The firm's revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business posted $0.39 earnings per share. As a group, research analysts predict that BOX will post 0.27 EPS for the current fiscal year.

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

Insider Activity

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

Institutional Investors Weigh In On BOX

A number of institutional investors have recently added to or reduced their stakes in BOX. Woodline Partners LP grew its position in BOX by 16.4% during the first quarter. Woodline Partners LP now owns 17,800 shares of the software maker's stock worth $549,000 after buying an additional 2,506 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in BOX by 7.4% during 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 worth $14,746,000 after buying an additional 32,726 shares in the last quarter. Finally, Geneos Wealth Management Inc. acquired a new stake in BOX during the first quarter worth about $31,000. 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.