What is DA Davidson's Forecast for BOX FY2026 Earnings?

Box, Inc. (NYSE:BOX - Free Report) - Stock analysts at DA Davidson reduced their FY2026 EPS estimates for BOX in a research note issued to investors on Tuesday, April 15th. DA Davidson analyst L. Schreiner now anticipates that the software maker will post earnings of ($0.39) per share for the year, down from their prior estimate of ($0.37). DA Davidson has a "Buy" rating and a $40.00 price target on the stock. The consensus estimate for BOX's current full-year earnings is $0.27 per share. DA Davidson also issued estimates for BOX's FY2027 earnings at ($0.37) EPS.

A number of other brokerages have also recently issued reports on BOX. StockNews.com cut BOX from a "strong-buy" rating to a "buy" rating in a report on Wednesday, January 8th. Raymond James reiterated an "outperform" rating and set a $38.00 target price (down previously from $40.00) on shares of BOX in a research report on Wednesday, March 5th. JPMorgan Chase & Co. cut their target price on shares of BOX from $38.00 to $37.00 and set an "overweight" rating for the company in a research note on Wednesday, March 5th. Morgan Stanley dropped their price target on BOX from $36.00 to $35.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Finally, Royal Bank of Canada restated an "underperform" rating and set a $21.00 target price on shares of BOX in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $36.44.

BOX Price Performance

Shares of BOX stock traded up $0.36 during trading on Thursday, hitting $29.67. 1,034,898 shares of the company's stock traded hands, compared to its average volume of 1,686,939. The company has a market cap of $4.27 billion, a PE ratio of 37.11, a PEG ratio of 4.42 and a beta of 0.96. BOX has a twelve month low of $24.63 and a twelve month high of $35.74. The firm's fifty day moving average price is $31.53 and its 200 day moving average price is $32.31.

BOX declared that its Board of Directors has approved a stock repurchase plan on Tuesday, March 4th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the software maker to purchase up to 3.1% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board believes its stock is undervalued.

Insider Transactions at BOX

In other news, VP Eli Berkovitch sold 2,750 shares of the business's stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $29.58, for a total value of $81,345.00. Following the completion of the transaction, the vice president now owns 121,922 shares of the company's stock, valued at $3,606,452.76. The trade was a 2.21 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Aaron Levie sold 10,000 shares of the business's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $32.08, for a total value of $320,800.00. Following the completion of the transaction, the chief executive officer now owns 2,979,780 shares of the company's stock, valued at $95,591,342.40. This represents a 0.33 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 66,917 shares of company stock worth $2,135,905 in the last three months. Insiders own 4.10% of the company's stock.

Institutional Trading of BOX

Several hedge funds and other institutional investors have recently modified their holdings of BOX. Integrated Quantitative Investments LLC acquired a new stake in BOX in the 4th quarter valued at approximately $1,418,000. Bryce Point Capital LLC bought a new stake in shares of BOX in the fourth quarter worth $1,620,000. Beacon Harbor Wealth Advisors Inc. bought a new position in BOX in the fourth quarter valued at $5,997,000. Robeco Institutional Asset Management B.V. acquired a new stake in BOX in the 4th quarter valued at $981,000. Finally, Sei Investments Co. lifted its position in BOX by 8.4% during the 4th quarter. Sei Investments Co. now owns 3,286,619 shares of the software maker's stock worth $103,857,000 after buying an additional 255,623 shares in the last quarter. Institutional investors and hedge funds own 86.74% of the company's stock.

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.