William Blair analyst Jason Ader has maintained their bullish stance on BOX stock, giving a Buy rating on August 19.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Jason Ader has given his Buy rating due to a combination of factors including Box’s impressive financial performance in the second quarter of 2026 and the promising potential of its AI and Enterprise Advanced offerings. The company reported revenue and non-GAAP EPS that surpassed the upper end of its guidance, indicating strong demand and effective cost management. Additionally, Box’s billings growth exceeded expectations, driven by early renewals and robust bookings, particularly in the consulting sector.
Furthermore, Box’s continued momentum with its Suites, which now account for a significant portion of total revenue, and the increase in customers with substantial annual spending, underscore its market strength. The company also demonstrated solid margin performance, with non-GAAP gross and operating margins exceeding consensus estimates. These factors, along with the raised full-year guidance, suggest a positive outlook for Box, supporting Ader’s Buy recommendation.
In another report released on August 19, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $35.00 price target.