BOX (NYSE:BOX) Releases FY25 Earnings Guidance

BOX (NYSE:BOX) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of ~$1.70 for the period, compared to the consensus 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.

BOX Price Performance

BOX stock traded down $0.69 during trading hours on Tuesday, reaching $34.42. The stock had a trading volume of 2,612,247 shares, compared to its average volume of 1,991,854. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 43.56 and a beta of 0.86. The business’s 50 day moving average price is $33.04 and its 200-day moving average price is $29.79. BOX has a 52 week low of $23.29 and a 52 week high of $35.74.

Analyst Ratings Changes

BOX has been the subject of a number of recent research reports. UBS Group boosted their target price on shares of BOX from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Citigroup boosted their target price on shares of BOX from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. Morgan Stanley boosted their price target on BOX from $30.00 to $33.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 5th. William Blair restated an “outperform” rating on shares of BOX in a research note on Thursday, November 14th. Finally, Monness Crespi & Hardt upgraded BOX to a “hold” rating in a research note on Friday, August 16th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $31.22.

Insider Activity at BOX

In other BOX news, Director Jack R. Lazar sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $34.75, for a total value of $86,875.00. Following the sale, the director now owns 26,697 shares in the company, valued at approximately $927,720.75. This represents a 8.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Aaron Levie sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $32.92, for a total value of $329,200.00. Following the completion of the sale, the chief executive officer now owns 3,009,155 shares in the company, valued at approximately $99,061,382.60. This represents a 0.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 51,500 shares of company stock worth $1,711,135 over the last quarter. 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.