BOX (NYSE:BOX) Updates Q1 2027 Earnings Guidance

BOX (NYSE:BOX) updated its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.360-0.360 for the period, compared to the consensus EPS estimate of 0.210. The company issued revenue guidance of $304.0 million-$304.0 million, compared to the consensus revenue estimate of $305.0 million. BOX also updated its FY 2027 guidance to 1.550-1.550 EPS.

Analysts Set New Price Targets

A number of research firms have issued reports on BOX. Weiss Ratings reiterated a “hold (c+)” rating on shares of BOX in a research note on Monday, December 29th. DA Davidson reaffirmed a “buy” rating and issued a $45.00 price objective on shares of BOX in a research note on Wednesday, December 3rd. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $38.00.

BOX Stock Up 1.6%

NYSE:BOX opened at $23.96 on Wednesday. BOX has a 12 month low of $21.61 and a 12 month high of $38.80. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 19.32, a P/E/G ratio of 1.35 and a beta of 0.80. The company’s 50 day moving average is $26.08 and its 200-day moving average is $29.75.

BOX (NYSE:BOX) last posted its quarterly earnings data on Tuesday, March 3rd. The software maker reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.16. The business had revenue of $305.88 million during the quarter, compared to the consensus estimate of $305.64 million. BOX had a net margin of 19.79% and a negative return on equity of 20.65%. BOX’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 EPS. Research analysts predict that BOX will post 0.27 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Aaron Levie sold 15,000 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $30.53, for a total transaction of $457,950.00. Following the completion of the transaction, the chief executive officer owned 2,922,030 shares of the company’s stock, valued at approximately $89,209,575.90. The trade was a 0.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Eli Berkovitch sold 5,163 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $29.96, for a total value of $154,683.48. Following the completion of the sale, the vice president directly owned 123,684 shares in the company, valued at $3,705,572.64. This trade represents a 4.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,887 shares of company stock valued at $2,399,707 in the last ninety days. Company insiders own 3.90% of the company’s stock.

Hedge Funds Weigh In On BOX

Large investors have recently bought and sold shares of the stock. Sivia Capital Partners LLC acquired a new position in shares of BOX during the second quarter valued at about $484,000. Geneos Wealth Management Inc. bought a new position in BOX during the first quarter valued at about $31,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in 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 valued at $14,746,000 after acquiring an additional 32,726 shares in the last quarter. Woodline Partners LP lifted 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 during the period. Finally, Ameriprise Financial Inc. lifted its position in shares of BOX by 21.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 879,491 shares of the software maker’s stock worth $30,045,000 after acquiring an additional 154,989 shares during the period. 86.74% of the stock is currently owned by institutional investors and hedge funds.

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.