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 (EPS) guidance of 1.540-1.540 for the period, compared to the consensus EPS estimate of 1.320. 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 Q3 2027 guidance to 0.390-0.390 EPS.

Analyst Ratings Changes

BOX has been the subject of several recent analyst reports. UBS Group restated a “neutral” rating and issued a $37.00 price target on shares of BOX in a research note on Wednesday. Wall Street Zen downgraded BOX from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of BOX from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 23rd. DA Davidson reaffirmed a “buy” rating and set a $45.00 price target on shares of BOX in a report on Wednesday, May 27th. Finally, Citigroup lifted their price target on shares of BOX from $36.00 to $37.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $36.67.

BOX Price Performance

BOX stock opened at $32.96 on Wednesday. BOX has a 1 year low of $21.34 and a 1 year high of $33.88. The company has a market cap of $4.56 billion, a P/E ratio of 50.71, a price-to-earnings-growth ratio of 11.81 and a beta of 0.73. The stock’s fifty day moving average price is $29.84 and its 200-day moving average price is $26.37.

BOX (NYSE:BOX) last posted its earnings results on Tuesday, August 25th. The software maker reported $0.40 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.40. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.The company had revenue of $321.15 million for the quarter, compared to the consensus estimate of $319.33 million. During the same quarter in the prior year, the company earned $0.33 earnings per share. BOX’s revenue was up 9.2% on a year-over-year basis. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. As a group, analysts expect that BOX will post 0.31 earnings per share for the current year.

Insider Buying and Selling at BOX

In other news, CFO Dylan C. Smith sold 17,000 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $26.00, for a total value of $442,000.00. Following the completion of the sale, the chief financial officer directly owned 1,364,049 shares in the company, valued at $35,465,274. This represents a 1.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Aaron Levie sold 15,000 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $24.32, for a total value of $364,800.00. Following the sale, the chief executive officer directly owned 2,874,673 shares of the company’s stock, valued at $69,912,047.36. This represents a 0.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 77,996 shares of company stock valued at $2,116,005 over the last three months. Insiders own 3.99% of the company’s stock.

Key Stories Impacting BOX

Here are the key news stories impacting BOX this week:

• Positive Sentiment: Raised earnings outlook: Box guided fiscal 2027 EPS to approximately $1.54, well above the $1.32 analyst consensus. Third-quarter EPS guidance of $0.39 also exceeded the $0.33 consensus, while projected revenue of $329 million topped the $324.5 million estimate. Box Q2 earnings and guidance
• Positive Sentiment: Healthy operating performance: Fiscal Q2 revenue increased 9% year over year to $321.1 million, exceeding the $319.3 million consensus. Billings rose 17% to $309.5 million, operating cash flow increased 54% to $70.8 million, and remaining performance obligations reached $1.7 billion. Box fiscal Q2 revenue report
• Positive Sentiment: Share repurchases provided support: Box repurchased approximately 2.6 million shares for $66 million during the quarter, potentially supporting per-share results and signaling management confidence. Box fiscal 2027 second-quarter results
• Neutral Sentiment: Results met, rather than exceeded, expectations: Adjusted EPS was $0.40, matching consensus but improving from $0.33 a year earlier. The revenue beat was modest, which may have limited the immediate upside reaction. Box earnings report
• Negative Sentiment: Valuation and profitability concerns remain: BOX was trading close to its 52-week high with a P/E ratio above 50, while its reported return on equity remained negative. Those factors may have encouraged profit-taking despite the upbeat guidance.

Institutional Investors Weigh In On BOX

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. RGM Capital LLC lifted its position in shares of BOX by 8.2% in the fourth quarter. RGM Capital LLC now owns 3,330,168 shares of the software maker’s stock valued at $99,605,000 after acquiring an additional 251,520 shares in the last quarter. Sei Investments Co. increased its position in BOX by 2.9% in the third quarter. Sei Investments Co. now owns 3,316,783 shares of the software maker’s stock worth $107,033,000 after purchasing an additional 94,289 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of BOX by 0.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,660,900 shares of the software maker’s stock valued at $79,592,000 after acquiring an additional 9,234 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of BOX by 48.0% in the 4th quarter. Marshall Wace LLP now owns 1,747,027 shares of the software maker’s stock valued at $52,254,000 after purchasing an additional 566,502 shares during the last quarter. Finally, Sunriver Management LLC boosted its stake in BOX by 14.7% during the fourth quarter. Sunriver Management LLC now owns 1,741,267 shares of the software maker’s stock worth $52,081,000 after buying an additional 223,439 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.