BOX (NYSE:BOX) Updates FY 2025 Earnings Guidance

BOX (NYSE:BOX) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.700-1.700 for the period, compared to the consensus estimate of 1.670. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. BOX also updated its FY25 guidance to ~$1.70 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on BOX shares. William Blair restated an “outperform” rating on shares of BOX in a research report on Thursday, November 14th. Morgan Stanley increased their price target on shares of BOX from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 5th. StockNews.com upgraded BOX from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 15th. Citigroup boosted their price objective on BOX from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. Finally, Royal Bank of Canada reaffirmed an “underperform” rating and set a $21.00 price target on shares of BOX in a report on Wednesday, August 28th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.22.

BOX Stock Performance

Shares of NYSE BOX traded down $0.74 during midday trading on Tuesday, hitting $34.37. The company’s stock had a trading volume of 2,637,924 shares, compared to its average volume of 1,992,385. BOX has a 1-year low of $23.29 and a 1-year high of $35.74. The firm’s fifty day moving average price is $33.04 and its 200-day moving average price is $29.79. The firm has a market cap of $4.92 billion, a P/E ratio of 43.56 and a beta of 0.86.

Insider Buying and Selling

In other news, CEO Aaron Levie sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $32.92, for a total transaction of $329,200.00. Following the transaction, the chief executive officer now directly 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Dylan C. Smith sold 13,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $32.52, for a total transaction of $422,760.00. Following the completion of the sale, the chief financial officer now directly owns 1,474,509 shares of the company’s stock, valued at $47,951,032.68. The trade was a 0.87 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,500 shares of company stock valued at $1,711,135. Insiders own 4.10% of the company’s stock.

BOX Company Profile

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.