DA Davidson Comments on BOX’s FY2026 Earnings (NYSE:BOX)

Box, Inc. (NYSE:BOX) – Analysts at DA Davidson lowered their FY2026 EPS estimates for BOX in a report released on Tuesday, April 15th. DA Davidson analyst L. Schreiner now expects that the software maker will post earnings of ($0.39) per share for the year, down from their previous estimate of ($0.37). DA Davidson has a “Buy” rating and a $40.00 price objective on the stock. The consensus estimate for BOX’s current full-year earnings is $0.27 per share. DA Davidson also issued estimates for BOX’s FY2027 earnings at ($0.37) EPS.

A number of other equities research analysts have also issued reports on BOX. Raymond James restated an “outperform” rating and set a $38.00 price target (down previously from $40.00) on shares of BOX in a report on Wednesday, March 5th. Morgan Stanley lowered their target price on shares of BOX from $36.00 to $35.00 and set an “equal weight” rating on the stock in a research report on Wednesday. StockNews.com lowered shares of BOX from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th. Royal Bank of Canada reissued an “underperform” rating and set a $21.00 price objective on shares of BOX in a research report on Wednesday, March 19th. Finally, JPMorgan Chase & Co. reduced their price target on shares of BOX from $38.00 to $37.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $36.44.

BOX Stock Down 0.4 %

Shares of NYSE BOX opened at $29.84 on Thursday. BOX has a 12 month low of $24.63 and a 12 month high of $35.74. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 37.30, a P/E/G ratio of 4.42 and a beta of 0.96. The business has a fifty day simple moving average of $31.84 and a 200-day simple moving average of $32.36.

BOX declared that its board has approved a stock buyback plan on Tuesday, March 4th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the software maker to purchase up to 3.1% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity at BOX

In related news, COO Olivia Nottebohm sold 6,079 shares of BOX stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of $31.91, for a total value of $193,980.89. Following the completion of the transaction, the chief operating officer now directly owns 447,067 shares of the company’s stock, valued at $14,265,907.97. The trade was a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $34.32, for a total transaction of $446,160.00. Following the completion of the transaction, the chief financial officer now owns 1,453,684 shares of the company’s stock, valued at $49,890,434.88. This trade represents a 0.89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 72,996 shares of company stock valued at $2,329,886 in the last ninety days. Insiders own 4.10% of the company’s stock.

Institutional Trading of BOX

Institutional investors and hedge funds have recently made changes to their positions in the business. Integrated Quantitative Investments LLC acquired a new position in BOX during the fourth quarter valued at approximately $1,418,000. Bryce Point Capital LLC acquired a new stake in shares of BOX in the fourth quarter valued at about $1,620,000. Beacon Harbor Wealth Advisors Inc. bought a new stake in shares of BOX during the 4th quarter worth approximately $5,997,000. Robeco Institutional Asset Management B.V. acquired a new stake in BOX in the fourth quarter valued at $981,000. Finally, Sei Investments Co. lifted its stake in BOX by 8.4% in the 4th quarter. Sei Investments Co. now owns 3,286,619 shares of the software maker’s stock valued at $103,857,000 after purchasing an additional 255,623 shares during the last quarter. Institutional investors own 86.74% of the company’s stock.

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.