William Blair Has Bullish Estimate for BOX Q2 Earnings

Box, Inc. (NYSE:BOX - Free Report) - Equities researchers at William Blair boosted their Q2 2026 earnings per share (EPS) estimates for BOX in a research note issued on Wednesday, May 28th. William Blair analyst J. Ader now anticipates that the software maker will post earnings of ($0.09) per share for the quarter, up from their prior estimate of ($0.10). The consensus estimate for BOX's current full-year earnings is $0.27 per share. William Blair also issued estimates for BOX's Q3 2026 earnings at ($0.08) EPS, Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.29) EPS and FY2027 earnings at ($0.33) EPS.

A number of other equities research analysts also recently weighed in on the company. UBS Group upgraded BOX from a "buy" rating to a "strong-buy" rating and boosted their target price for the stock from $37.00 to $40.00 in a research report on Wednesday, May 28th. Morgan Stanley reissued a "positive" rating on shares of BOX in a report on Wednesday, May 28th. DA Davidson set a $45.00 target price on shares of BOX and gave the company a "buy" rating in a research note on Wednesday, May 28th. Wall Street Zen upgraded shares of BOX from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, May 14th. Finally, Raymond James reissued an "outperform" rating and set a $42.00 price target (up from $38.00) on shares of BOX in a research note on Wednesday, May 28th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $38.50.

BOX Stock Up 0.6%

NYSE:BOX traded up $0.22 during trading hours on Monday, hitting $38.33. 2,186,188 shares of the stock were exchanged, compared to its average volume of 1,933,673. The company has a market capitalization of $5.51 billion, a P/E ratio of 47.92, a price-to-earnings-growth ratio of 4.42 and a beta of 0.94. The company's 50 day moving average is $31.33 and its two-hundred day moving average is $32.19. BOX has a twelve month low of $24.63 and a twelve month high of $38.40.

BOX (NYSE:BOX - Get Free Report) last issued its quarterly earnings data on Tuesday, May 27th. The software maker reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. The firm had revenue of $276.27 million for the quarter, compared to analyst estimates of $274.77 million. BOX had a net margin of 13.96% and a negative return on equity of 17.20%. The company's revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.39 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BOX. TCTC Holdings LLC lifted its position in BOX by 115.4% in the 1st quarter. TCTC Holdings LLC now owns 825 shares of the software maker's stock valued at $25,000 after acquiring an additional 442 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of BOX by 332.5% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 865 shares of the software maker's stock valued at $27,000 after purchasing an additional 665 shares during the period. MorganRosel Wealth Management LLC bought a new stake in shares of BOX in the first quarter valued at about $31,000. Geneos Wealth Management Inc. acquired a new position in shares of BOX during the first quarter worth about $31,000. Finally, Versant Capital Management Inc boosted its position in shares of BOX by 519.4% during the first quarter. Versant Capital Management Inc now owns 1,951 shares of the software maker's stock worth $60,000 after buying an additional 1,636 shares during the period. Institutional investors and hedge funds own 86.74% of the company's stock.

Insider Activity at BOX

In related news, VP Eli Berkovitch sold 5,924 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $37.70, for a total value of $223,334.80. Following the completion of the transaction, the vice president now directly owns 138,770 shares in the company, valued at approximately $5,231,629. The trade was a 4.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Daniel J. Levin sold 37,499 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $36.74, for a total value of $1,377,713.26. Following the sale, the director now directly owns 51,530 shares of the company's stock, valued at approximately $1,893,212.20. The trade was a 42.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 109,800 shares of company stock worth $3,661,762 in the last quarter. Corporate insiders own 3.90% of the company's stock.

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

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.