BOX (NYSE:BOX) Updates Q2 2027 Earnings Guidance

BOX (NYSE:BOX) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.390-0.390 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $319.0 million-$319.0 million, compared to the consensus revenue estimate of $316.5 million. BOX also updated its FY 2027 guidance to 1.560-1.560 EPS.

BOX Stock Performance

Shares of BOX stock opened at $25.64 on Wednesday. The stock’s fifty day moving average price is $24.21 and its two-hundred day moving average price is $26.45. The company has a market cap of $3.55 billion, a PE ratio of 43.46, a P/E/G ratio of 1.33 and a beta of 0.71. BOX has a fifty-two week low of $21.34 and a fifty-two week high of $38.80.

BOX (NYSE:BOX) last issued its earnings results on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The firm had revenue of $305.94 million for the quarter, compared to the consensus estimate of $304.39 million. BOX had a negative return on equity of 23.61% and a net margin of 9.80%.The company’s revenue was up 10.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.30 EPS. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, equities analysts predict that BOX will post 0.34 EPS for the current fiscal year.

BOX announced that its board has authorized a stock buyback plan on Thursday, March 19th that permits the company to buyback $500.00 million in outstanding shares. This buyback authorization permits the software maker to reacquire up to 14.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. DA Davidson reissued a “buy” rating and set a $45.00 price objective on shares of BOX in a report on Friday, March 20th. UBS Group cut their price objective on BOX from $31.00 to $28.00 and set a “hold” rating on the stock in a report on Wednesday, March 4th. Wall Street Zen downgraded BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Citigroup cut their price objective on BOX from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Finally, Weiss Ratings downgraded BOX from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $35.57.

Insider Activity

In other news, Director Dana L. Evan sold 17,034 shares of BOX stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $24.24, for a total value of $412,904.16. Following the completion of the transaction, the director directly owned 113,525 shares of the company’s stock, valued at approximately $2,751,846. This trade represents a 13.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Eli Berkovitch sold 24,500 shares of BOX stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $23.85, for a total value of $584,325.00. Following the completion of the transaction, the vice president directly owned 95,516 shares of the company’s stock, valued at approximately $2,278,056.60. This trade represents a 20.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 137,086 shares of company stock worth $3,345,852. 3.90% of the stock is owned by corporate insiders.

More BOX News

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Box reported Q1 EPS of $0.37, topping analyst estimates of $0.36, while revenue of $305.94 million also came in slightly ahead of expectations. Box (BOX) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: The company raised its FY2027 EPS guidance to $1.56, above the consensus estimate of $1.33, and lifted Q2 EPS guidance to $0.39 versus expectations of $0.33, signaling management confidence in continued execution.
• Positive Sentiment: Box said organizations are increasingly adopting its Intelligent Content Management platform and AI-related offerings, suggesting its growth narrative remains intact. Box Reports First Quarter Fiscal 2027 Financial Results
• Neutral Sentiment: Investors may also be considering the recently announced $500 million share repurchase program, which can support earnings per share over time but does not change the company’s underlying operating results.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in BOX. Woodline Partners LP raised its position in shares of BOX by 16.4% in the 1st quarter. Woodline Partners LP now owns 17,800 shares of the software maker’s stock worth $549,000 after acquiring an additional 2,506 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of BOX by 7.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 477,822 shares of the software maker’s stock worth $14,746,000 after acquiring an additional 32,726 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in shares of BOX in the 1st quarter worth about $31,000. Sivia Capital Partners LLC bought a new position in shares of BOX in the 2nd quarter worth about $484,000. Finally, Invesco Ltd. raised its position in shares of BOX by 101.1% in the 2nd quarter. Invesco Ltd. now owns 1,141,603 shares of the software maker’s stock worth $39,009,000 after acquiring an additional 573,817 shares in the last quarter. 86.74% of the stock is owned by institutional investors.

BOX Company Profile

Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box’s services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.

The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.