Boxlight (BOXL) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Boxlight in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BOXL shares.
View BOXL analyst ratings or view top-rated stocks.

3 brokerages have issued twelve-month target prices for Boxlight's shares. Their BOXL share price forecasts range from $9.00 to $16.00. On average, they expect the company's stock price to reach $11.33 in the next year. This suggests a possible upside of 493.4% from the stock's current price.
View analysts price targets for BOXL or view top-rated stocks among Wall Street analysts.

Boxlight's stock was trading at $2.4864 at the beginning of 2023. Since then, BOXL stock has decreased by 23.2% and is now trading at $1.91.
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Boxlight saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 156,600 shares, an increase of 13.2% from the August 31st total of 138,300 shares. Based on an average daily trading volume, of 35,900 shares, the days-to-cover ratio is presently 4.4 days. Currently, 1.9% of the shares of the stock are short sold.
View Boxlight's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our BOXL earnings forecast.

Boxlight Co. (NASDAQ:BOXL) announced its earnings results on Wednesday, August, 9th. The company reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.04. The company had revenue of $47.05 million for the quarter, compared to the consensus estimate of $50.04 million. Boxlight had a negative net margin of 1.47% and a negative trailing twelve-month return on equity of 5.88%.

Boxlight's stock reverse split on the morning of Thursday, June 15th 2023. The 1-8 reverse split was announced on Thursday, June 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Based on aggregate information from My MarketBeat watchlists, some companies that other Boxlight investors own include Sorrento Therapeutics (SRNE), Coty (COTY), ADMA Biologics (ADMA), Remark (MARK), NIO (NIO), Advanced Micro Devices (AMD), Bionano Genomics (BNGO), Cloudera (CLDR), Designer Brands (DBI) and Energy Transfer (ET).

(BOXL) raised $7 million in an initial public offering on Thursday, November 30th 2017. The company issued 1,000,000 shares at $7.00 per share. Aegis Capital served as the underwriter for the IPO.

Boxlight trades on the NASDAQ under the ticker symbol "BOXL."

Shares of BOXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BOXL stock can currently be purchased for approximately $1.91.

Boxlight (NASDAQ:BOXL) has a market capitalization of $18.09 million and generates $221.78 million in revenue each year. The company earns $-3,740,000.00 in net income (profit) each year or ($0.44) on an earnings per share basis.

The company employs 187 workers across the globe.

Boxlight's mailing address is 1045 Progress Circle, Lawrenceville GA, 30043. The official website for the company is www.boxlightcorp.com. The company can be reached via phone at (678) 367-0809 or via email at michael.pope@boxlight.com.