BOX (NYSE:BOX) Updates FY 2026 Earnings Guidance

BOX (NYSE:BOX) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 1.280- for the period, compared to the consensus EPS estimate of 0.870. The company issued revenue guidance of $1.2 billion-, compared to the consensus revenue estimate of $1.2 billion. BOX also updated its Q4 2026 guidance to 0.330- EPS.

BOX Stock Up 2.7%

BOX stock opened at $30.16 on Wednesday. The business’s fifty day simple moving average is $31.78 and its two-hundred day simple moving average is $32.75. BOX has a twelve month low of $28.00 and a twelve month high of $38.80. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of 24.32 and a beta of 0.79.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BOX. Royal Bank Of Canada increased their price objective on BOX from $24.00 to $26.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 27th. Raymond James Financial restated an “outperform” rating and set a $42.00 price target on shares of BOX in a research note on Wednesday, August 27th. Weiss Ratings lowered shares of BOX from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Citigroup increased their target price on shares of BOX from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, August 27th. Finally, UBS Group lowered shares of BOX from a “buy” rating to a “neutral” rating and reduced their price target for the company from $42.00 to $36.00 in a report on Thursday, September 18th. Six research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, BOX currently has a consensus rating of “Moderate Buy” and an average target price of $38.25.

Insiders Place Their Bets

In other BOX news, VP Eli Berkovitch sold 3,500 shares of the stock in a transaction dated 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 trade represents a 2.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Olivia Nottebohm sold 4,612 shares of BOX stock in a transaction that occurred on Monday, November 10th. The shares were 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 of the company’s stock, valued at approximately $15,600,982.65. This represents a 0.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 122,336 shares of company stock valued at $3,986,999. Insiders own 3.90% of the company’s stock.

Institutional Trading of BOX

A number of institutional investors and hedge funds have recently made changes to their positions in BOX. Geneos Wealth Management Inc. acquired a new position in shares of BOX during the 1st quarter worth about $31,000. Employees Retirement System of Texas acquired a new position in shares of BOX during the third quarter valued at approximately $35,000. CIBC Private Wealth Group LLC lifted its position in shares of BOX by 1,778.1% in the third quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock valued at $39,000 after acquiring an additional 1,138 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of BOX by 1,995.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,263 shares of the software maker’s stock worth $77,000 after acquiring an additional 2,155 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its position in shares of BOX by 22.9% during the second 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 in the last quarter. 86.74% of the stock is currently owned by hedge funds and other institutional investors.

About BOX

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.