BoxBOX
Market Cap: $4.64B
About: Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.
Employees: 2,530
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
669% more call options, than puts
Call options by funds: $146M | Put options by funds: $18.9M
14% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 44
13% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 111
2% more funds holding
Funds holding: 335 [Q1] → 341 (+6) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
3.94% less ownership
Funds ownership: 99.68% [Q1] → 95.74% (-3.94%) [Q2]
10% less capital invested
Capital invested by funds: $4.07B [Q1] → $3.68B (-$389M) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Morgan Stanley Josh Baer 55% 1-year accuracy 12 / 22 met price target | 2%upside $33 | Equal-Weight Maintained | 5 Sept 2024 |
UBS Taylor McGinnis 55% 1-year accuracy 6 / 11 met price target | 5%upside $34 | Buy Maintained | 28 Aug 2024 |
Citigroup Steven Enders 71% 1-year accuracy 15 / 21 met price target | 5%upside $34 | Buy Maintained | 28 Aug 2024 |
RBC Capital Rishi Jaluria 40% 1-year accuracy 29 / 72 met price target | 35%downside $21 | Underperform Reiterated | 28 Aug 2024 |
Financial journalist opinion
Based on 20 articles about BOX published over the past 30 days