Box (BOX) has received a new Hold rating, initiated by UBS analyst, Seth Gilbert CFA.
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Seth Gilbert CFA’s rating is based on a combination of factors that suggest a stable yet limited near-term growth potential for Box. The company’s core business remains steady, but there is a lack of immediate catalysts to drive significant upside. While there is optimism about the adoption of the new Enterprise Advanced AI SKU by 2027, more evidence is needed to justify a more bullish outlook.
Despite some positive feedback from partners regarding the Enterprise Advanced plan, spending trends appear neutral as we approach 2026. The competitive landscape, particularly in AI, presents both opportunities and risks for Box. The company’s valuation seems full at current levels, with the market pricing in a 9% long-term sales growth, aligning with Seth Gilbert’s Hold rating.
In another report released on September 3, Morgan Stanley also maintained a Hold rating on the stock with a $38.00 price target.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BOX in relation to earlier this year.