William Blair Analysts Reduce Earnings Estimates for BOX

Key Points

• William Blair analysts have reduced their Q3 2026 earnings estimates for Box, Inc. from ($0.08) to ($0.09) per share.
• Box reported earnings of $0.33 per share for the most recent quarter, surpassing analysts' expectations of $0.31, with revenue increasing by 8.9% year-over-year.
• Despite the earnings reduction, various analysts including Raymond James and UBS have rated Box with a buy or outperform rating, maintaining a consensus price target of around $39.00.

Box, Inc. (NYSE:BOX - Free Report) - Investment analysts at William Blair lowered their Q3 2026 earnings per share (EPS) estimates for shares of BOX in a research report issued on Wednesday, August 27th. William Blair analyst J. Ader now anticipates that the software maker will earn ($0.09) per share for the quarter, down from their previous forecast of ($0.08). The consensus estimate for BOX's current full-year earnings is $0.27 per share. William Blair also issued estimates for BOX's Q4 2026 earnings at ($0.07) EPS and FY2026 earnings at ($0.30) EPS.

BOX (NYSE:BOX - Get Free Report) last announced its earnings results on Tuesday, August 26th. The software maker reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.02. BOX had a negative return on equity of 21.77% and a net margin of 20.30%.The company had revenue of $294.00 million for the quarter, compared to analyst estimates of $290.19 million. During the same period in the prior year, the company posted $0.44 EPS. The firm's quarterly revenue was up 8.9% compared to the same quarter last year. BOX has set its FY 2026 guidance at 1.260-1.28 EPS. Q3 2026 guidance at 0.310-0.32 EPS.

A number of other research analysts have also weighed in on the company. JPMorgan Chase & Co. increased their price objective on BOX from $37.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, May 28th. Zacks Research raised BOX from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 28th. UBS Group increased their price objective on BOX from $40.00 to $42.00 and gave the company a "buy" rating in a report on Wednesday, August 27th. Morgan Stanley reissued a "positive" rating on shares of BOX in a report on Wednesday, May 28th. Finally, Raymond James Financial reissued an "outperform" rating and issued a $42.00 price objective on shares of BOX in a report on Wednesday, August 27th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $39.00.

BOX Stock Performance

NYSE:BOX traded up $0.36 during mid-day trading on Monday, hitting $32.72. 1,876,571 shares of the company's stock traded hands, compared to its average volume of 1,945,957. The company has a fifty day moving average of $32.42 and a 200 day moving average of $32.43. BOX has a twelve month low of $28.00 and a twelve month high of $38.80. The company has a market capitalization of $4.70 billion, a P/E ratio of 26.41 and a beta of 0.95.

Insider Activity at BOX

In related news, VP Eli Berkovitch sold 3,000 shares of BOX stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of $33.34, for a total transaction of $100,020.00. Following the completion of the transaction, the vice president directly owned 133,867 shares in the company, valued at approximately $4,463,125.78. This trade represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dana L. Evan sold 7,590 shares of BOX stock in a transaction that occurred on Tuesday, July 8th. The shares were sold at an average price of $33.51, for a total value of $254,340.90. Following the transaction, the director owned 115,725 shares of the company's stock, valued at approximately $3,877,944.75. This represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 51,081 shares of company stock valued at $1,762,323 in the last 90 days. 3.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BOX. TCTC Holdings LLC boosted its position in 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 in the last quarter. Caitong International Asset Management Co. Ltd increased its position in shares of BOX by 7,130.0% in the second quarter. Caitong International Asset Management Co. Ltd now owns 723 shares of the software maker's stock valued at $25,000 after buying an additional 713 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of BOX by 332.5% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 865 shares of the software maker's stock valued at $27,000 after buying an additional 665 shares in the last quarter. MorganRosel Wealth Management LLC purchased a new stake in shares of BOX in the first quarter valued at approximately $31,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of BOX in the first quarter valued at approximately $31,000. 86.74% of the stock is currently owned by hedge funds and other institutional investors.

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.