Raymond James analyst Brian Peterson reiterated a Buy rating on Box on Thursday, setting a price target of $27, which is approximately 18.06% above the present share price of $22.87.
Peterson expects Box to post earnings per share (EPS) of -$0.03 for the second quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Box, with an average price target of $25.6.
The analysts price targets range from a high of $27 to a low of $22.
In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $198.91 million and a net profit of -$3.28 million. The company's market cap is $3.72 billion.
According to TipRanks.com, Raymond James analyst Brian Peterson is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.6% and a 68.19% success rate.
Box, Inc. engages in the provision of 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, box keysafe and automations. The company was founded by Aaron Levie, Dylan Smith, Jeff Queisser and Sam Ghods in March 2005 and is headquartered in Redwood (NYSE:RWT) City, CA.