BOX (NYSE:BOX) Issues FY25 Earnings Guidance

BOX (NYSE:BOX) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of ~$1.70 for the period, compared to the consensus EPS estimate of $1.67. The company issued revenue guidance of ~$1.090 billion, compared to the consensus revenue estimate of $1.09 billion. BOX also updated its FY 2025 guidance to 1.700-1.700 EPS.

Analyst Ratings Changes

Several brokerages have recently issued reports on BOX. Royal Bank of Canada reiterated an “underperform” rating and set a $21.00 price target on shares of BOX in a report on Wednesday, August 28th. Citigroup upped their price target on shares of BOX from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. StockNews.com upgraded shares of BOX from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 15th. Monness Crespi & Hardt upgraded shares of BOX to a “hold” rating in a report on Friday, August 16th. Finally, William Blair reiterated an “outperform” rating on shares of BOX in a report on Thursday, November 14th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $31.22.

BOX Stock Performance

Shares of NYSE BOX opened at $34.37 on Wednesday. BOX has a fifty-two week low of $23.29 and a fifty-two week high of $35.74. The stock has a market cap of $4.92 billion, a price-to-earnings ratio of 43.51 and a beta of 0.86. The firm’s 50-day simple moving average is $33.07 and its 200 day simple moving average is $29.84.

Insider Activity at BOX

In other BOX news, CFO Dylan C. Smith sold 13,000 shares of the stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $32.52, for a total value of $422,760.00. Following the completion of the sale, the chief financial officer now owns 1,474,509 shares in the company, valued at approximately $47,951,032.68. This trade represents a 0.87 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Aaron Levie sold 10,000 shares of the stock in a transaction dated Tuesday, September 10th. The shares were sold at an average price of $32.92, for a total transaction of $329,200.00. Following the completion of the sale, the chief executive officer now owns 3,009,155 shares of the company’s stock, valued at approximately $99,061,382.60. This trade represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 51,500 shares of company stock valued at $1,711,135. 4.10% of the stock is owned by corporate insiders.

About BOX

Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.