BOX (NYSE:BOX) Issues Q2 2027 Earnings Guidance

by · The Cerbat Gem

BOX (NYSE:BOX – Get Free Report) updated its second quarter 2027 earnings guidance on Tuesday. 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.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on BOX shares. Citigroup dropped their price target on BOX from $40.00 to $36.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. UBS Group dropped their target price on BOX from $31.00 to $28.00 and set a “hold” rating on the stock in a research report on Wednesday, March 4th. Morgan Stanley reduced their price target on BOX from $38.00 to $33.00 and set an “equal weight” rating for the company in a research report on Thursday, March 12th. Weiss Ratings downgraded shares of BOX from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Finally, Wall Street Zen lowered shares of BOX from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Four research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $35.57.

View Our Latest Report on BOX

BOX Trading Down 1.0%

Shares of BOX stock traded down $0.26 on Tuesday, reaching $25.64. 5,608,875 shares of the company were exchanged, compared to its average volume of 2,555,646. The company has a market capitalization of $3.55 billion, a price-to-earnings ratio of 43.46, a PEG ratio of 1.33 and a beta of 0.71. BOX has a one year low of $21.34 and a one year high of $38.80. The company has a 50-day moving average of $24.20 and a 200 day moving average of $26.49.

BOX (NYSE:BOX – Get Free Report) last issued its earnings results on Tuesday, May 26th. The software maker reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. BOX had a net margin of 9.80% and a negative return on equity of 23.61%. The business had revenue of $305.94 million for the quarter, compared to the consensus estimate of $304.39 million. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. Analysts predict that BOX will post 0.34 earnings per share for the current year.

BOX announced that its board has initiated a share buyback plan on Thursday, March 19th that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the software maker to repurchase 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 stock is undervalued.

Insider Activity at BOX

In related news, COO Olivia Nottebohm sold 12,470 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $25.17, for a total transaction of $313,869.90. Following the transaction, the chief operating officer directly owned 558,739 shares of the company’s stock, valued at approximately $14,063,460.63. The trade was a 2.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Dylan C. Smith sold 23,720 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $24.96, for a total value of $592,051.20. Following the sale, the chief financial officer directly owned 1,381,049 shares of the company’s stock, valued at $34,470,983.04. This represents a 1.69% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 137,086 shares of company stock worth $3,345,852 in the last three months. 3.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On BOX

Institutional investors have recently made changes to their positions in the company. RGM Capital LLC lifted its holdings in shares of BOX by 8.2% during the fourth quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock worth $99,605,000 after buying an additional 251,520 shares in the last quarter. Sei Investments Co. increased its position 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. Dimensional Fund Advisors LP increased its position in BOX by 0.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,660,900 shares of the software maker’s stock worth $79,592,000 after acquiring an additional 9,234 shares during the period. Marshall Wace LLP raised its stake in BOX by 48.0% in the 4th quarter. Marshall Wace LLP now owns 1,747,027 shares of the software maker’s stock worth $52,254,000 after purchasing an additional 566,502 shares in the last quarter. Finally, Sunriver Management LLC boosted its holdings in BOX by 14.7% in the 4th quarter. Sunriver Management LLC now owns 1,741,267 shares of the software maker’s stock valued at $52,081,000 after purchasing an additional 223,439 shares during the period. Institutional investors own 86.74% of the company’s stock.

About BOX

(Get Free Report)

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.

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