RBC Capital analyst Rishi Jaluria maintained a Sell rating on Box on Wednesday, setting a price target of $21, which is approximately 18.64% below the present share price of $25.81.
Jaluria expects Box to post earnings per share (EPS) of -$0.08 for the fourth quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Box, with an average price target of $30.71.
The analysts price targets range from a high of $38 to a low of $21.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $214.49 million and a net profit of -$6.11 million. The company's market cap is $3.91 billion.
According to TipRanks.com, RBC Capital analyst Rishi Jaluria is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.0% and a 58.38% 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.