BOX (NYSE:BOX) Announces Earnings Results, Misses Estimates By $0.37 EPS

BOX (NYSE:BOX - Get Free Report) issued its quarterly earnings data on Tuesday. The software maker reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.37), Zacks reports. The firm had revenue of $279.52 million during the quarter, compared to the consensus estimate of $279.20 million. BOX had a net margin of 13.96% and a negative return on equity of 17.20%. BOX updated its Q1 2026 guidance to 0.250-0.260 EPS and its FY 2026 guidance to 1.130-1.170 EPS.

BOX Stock Performance

Shares of BOX stock traded up $0.12 during trading on Friday, hitting $32.28. 2,116,996 shares of the company were exchanged, compared to its average volume of 1,894,342. The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 40.35, a P/E/G ratio of 4.42 and a beta of 1.00. The business's 50-day simple moving average is $32.82 and its 200 day simple moving average is $32.62. BOX has a twelve month low of $24.63 and a twelve month high of $35.74.

Analysts Set New Price Targets

Several brokerages recently weighed in on BOX. Morgan Stanley lifted their price objective on shares of BOX from $33.00 to $36.00 and gave the company an "equal weight" rating in a research report on Wednesday, December 4th. StockNews.com cut shares of BOX from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, January 8th. DA Davidson began coverage on shares of BOX in a research note on Wednesday, December 18th. They set a "buy" rating and a $45.00 target price on the stock. William Blair reaffirmed an "outperform" rating on shares of BOX in a research note on Thursday, November 14th. Finally, Citigroup lifted their price objective on shares of BOX from $34.00 to $40.00 and gave the stock a "buy" rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $36.60.

Remove Ads

BOX announced that its board has approved a stock repurchase program on Tuesday, March 4th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the software maker to repurchase up to 3.1% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

Insider Buying and Selling

In other BOX news, COO Olivia Nottebohm sold 12,414 shares of BOX stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $31.85, for a total value of $395,385.90. Following the completion of the sale, the chief operating officer now directly owns 453,146 shares in the company, valued at $14,432,700.10. The trade was a 2.67 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel J. Levin sold 5,886 shares of BOX stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $32.50, for a total transaction of $191,295.00. Following the completion of the sale, the director now owns 51,530 shares of the company's stock, valued at $1,674,725. This trade represents a 10.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 89,041 shares of company stock worth $2,889,758. 4.10% of the stock is owned by company insiders.

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.