BOX (NYSE:BOX) Posts Earnings Results, Hits Expectations

BOX (NYSE:BOX) posted its earnings results on Tuesday. The software maker reported $0.31 EPS for the quarter, hitting analysts’ consensus estimates of $0.31, Briefing.com reports. The business had revenue of $301.11 million for the quarter, compared to analysts’ expectations of $298.93 million. BOX had a net margin of 20.30% and a negative return on equity of 21.77%. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. BOX updated its FY 2026 guidance to 1.280- EPS and its Q4 2026 guidance to 0.330- EPS.

BOX Stock Performance

NYSE:BOX opened at $30.16 on Wednesday. The company has a market capitalization of $4.37 billion, a price-to-earnings ratio of 24.32 and a beta of 0.79. BOX has a one year low of $28.00 and a one year high of $38.80. The stock has a 50-day simple moving average of $31.78 and a 200 day simple moving average of $32.75.

Wall Street Analyst Weigh In

A number of equities analysts have commented on BOX shares. Royal Bank Of Canada boosted their price objective on shares of BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a report on Wednesday, August 27th. Citigroup lifted their target price on BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, August 27th. Raymond James Financial reissued an “outperform” rating and issued a $42.00 price target on shares of BOX in a report on Wednesday, August 27th. Weiss Ratings lowered BOX from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Finally, Zacks Research lowered BOX from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $38.25.

Insider Activity

In related news, VP Eli Berkovitch sold 3,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $32.77, for a total transaction of $114,695.00. Following the sale, the vice president directly owned 128,847 shares of the company’s stock, valued at approximately $4,222,316.19. This represents a 2.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Olivia Nottebohm sold 4,612 shares of the firm’s stock in a transaction on Monday, November 10th. The stock was sold at an average price of $31.35, for a total value of $144,586.20. Following the transaction, the chief operating officer owned 497,639 shares in the company, valued at $15,600,982.65. This trade represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 122,336 shares of company stock valued at $3,986,999 over the last three months. Company insiders own 3.90% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of BOX. Sei Investments Co. raised its stake in BOX by 2.9% during the third quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock worth $107,033,000 after acquiring an additional 94,289 shares during the period. Qube Research & Technologies Ltd grew its holdings in shares of BOX by 240.6% during the second quarter. Qube Research & Technologies Ltd now owns 1,210,237 shares of the software maker’s stock valued at $41,354,000 after purchasing an additional 854,953 shares during the last quarter. Invesco Ltd. grew its holdings in shares of BOX by 101.1% during the second quarter. Invesco Ltd. now owns 1,141,603 shares of the software maker’s stock valued at $39,009,000 after purchasing an additional 573,817 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of BOX by 21.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 879,491 shares of the software maker’s stock worth $30,045,000 after purchasing an additional 154,989 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of BOX in the 2nd quarter worth approximately $22,626,000. 86.74% of the stock is owned by institutional investors and hedge funds.

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.