BOX (NYSE:BOX) Updates FY 2027 Earnings Guidance

BOX (NYSE:BOX) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.560-1.560 for the period, compared to the consensus earnings per share estimate of 1.330. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. BOX also updated its Q2 2027 guidance to 0.390-0.390 EPS.

BOX Stock Performance

BOX stock opened at $25.64 on Wednesday. The stock has a market cap of $3.55 billion, a P/E ratio of 43.46, a PEG 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. The firm’s fifty day moving average price is $24.21 and its 200-day moving average price is $26.45.

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

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

Analyst Upgrades and Downgrades

BOX has been the topic of a number of research analyst reports. Citigroup reduced their target price on BOX from $40.00 to $36.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. DA Davidson reaffirmed a “buy” rating and set a $45.00 price objective on shares of BOX in a research note on Friday, March 20th. William Blair reaffirmed a “market perform” rating on shares of BOX in a research note on Monday, March 23rd. Morgan Stanley reduced their price objective on BOX from $38.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 12th. Finally, UBS Group reduced their price objective on BOX from $31.00 to $28.00 and set a “hold” rating on the stock in a research note on Wednesday, March 4th. Four equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $35.57.

Insider Activity at BOX

In other news, COO Olivia Nottebohm sold 12,470 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $25.17, for a total transaction of $313,869.90. Following the completion of the sale, the chief operating officer directly owned 558,739 shares in the company, valued at approximately $14,063,460.63. This represents a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Aaron Levie sold 15,000 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $24.72, for a total transaction of $370,800.00. Following the sale, the chief executive officer owned 2,907,030 shares of the company’s stock, valued at approximately $71,861,781.60. This represents a 0.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 137,086 shares of company stock valued at $3,345,852 in the last quarter. 3.90% of the stock is currently owned by company 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 Investors Weigh In On BOX

A number of large investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its position in BOX by 22.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,633 shares of the software maker’s stock worth $90,000 after purchasing an additional 490 shares during the period. Maryland State Retirement & Pension System grew its position in BOX by 2.4% in the 4th quarter. Maryland State Retirement & Pension System now owns 21,318 shares of the software maker’s stock worth $638,000 after purchasing an additional 500 shares during the period. Raymond James Financial Inc. grew its position in BOX by 1.5% in the 2nd quarter. Raymond James Financial Inc. now owns 37,237 shares of the software maker’s stock worth $1,272,000 after purchasing an additional 541 shares during the period. Illinois Municipal Retirement Fund grew its position in BOX by 0.7% in the 4th quarter. Illinois Municipal Retirement Fund now owns 75,955 shares of the software maker’s stock worth $2,272,000 after purchasing an additional 552 shares during the period. Finally, MML Investors Services LLC grew its position in BOX by 6.2% in the 4th quarter. MML Investors Services LLC now owns 9,499 shares of the software maker’s stock worth $284,000 after purchasing an additional 553 shares during the period. Institutional investors own 86.74% of the company’s stock.

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.