Q2 Earnings Forecast for BOX Issued By DA Davidson

Box, Inc. (NYSE:BOX - Free Report) - DA Davidson issued their Q2 2026 earnings estimates for shares of BOX in a report issued on Wednesday, May 28th. DA Davidson analyst L. Schreiner expects that the software maker will post earnings per share of ($0.07) for the quarter. DA Davidson has a "Buy" rating and a $45.00 price objective on the stock. The consensus estimate for BOX's current full-year earnings is $0.27 per share.

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

BOX has been the topic of several other research reports. Wall Street Zen raised shares of BOX from a "buy" rating to a "strong-buy" rating in a research note on Wednesday, May 14th. UBS Group upgraded shares of BOX from a "buy" rating to a "strong-buy" rating and raised their price objective for the company from $37.00 to $40.00 in a research report on Wednesday. Morgan Stanley restated a "positive" rating on shares of BOX in a research report on Wednesday. Raymond James restated an "outperform" rating and set a $42.00 price objective (up previously from $38.00) on shares of BOX in a research report on Wednesday. Finally, JPMorgan Chase & Co. raised their price objective on shares of BOX from $37.00 to $39.00 and gave the company an "overweight" rating in a research report on Wednesday. One 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 company's stock. According to MarketBeat.com, BOX has a consensus rating of "Moderate Buy" and an average price target of $38.50.

BOX Stock Up 1.3%

BOX stock traded up $0.49 during trading hours on Thursday, hitting $37.84. 3,948,945 shares of the company traded hands, compared to its average volume of 1,912,573. The firm 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 firm's 50-day simple moving average is $31.19 and its two-hundred day simple moving average is $32.19. BOX has a 1-year low of $24.63 and a 1-year high of $37.96.

Institutional Trading of BOX

Institutional investors have recently made changes to their positions in the stock. TCTC Holdings LLC boosted its holdings in shares of BOX by 115.4% during the first quarter. TCTC Holdings LLC now owns 825 shares of the software maker's stock worth $25,000 after purchasing an additional 442 shares during the period. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of BOX by 332.5% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 865 shares of the software maker's stock worth $27,000 after purchasing an additional 665 shares during the period. MorganRosel Wealth Management LLC acquired a new stake in shares of BOX during the first quarter worth approximately $31,000. Geneos Wealth Management Inc. acquired a new stake in shares of BOX during the first quarter worth approximately $31,000. Finally, Versant Capital Management Inc boosted its holdings 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 purchasing an additional 1,636 shares during the period. 86.74% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other BOX news, COO Olivia Nottebohm sold 1,332 shares of the firm's stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $29.01, for a total value of $38,641.32. Following the completion of the transaction, the chief operating officer now directly owns 492,545 shares in the company, valued at $14,288,730.45. This trade represents a 0.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Eli Berkovitch sold 5,651 shares of the firm's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $30.66, for a total transaction of $173,259.66. Following the completion of the transaction, the vice president now owns 124,672 shares of the company's stock, valued at approximately $3,822,443.52. The trade was a 4.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,377 shares of company stock worth $2,060,714. Corporate insiders own 3.90% of the company's stock.

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

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.