DA Davidson raised the firm’s price target on Box (BOX) to $45 from $40 and keeps a Buy rating on the shares after its Q1 earnings beat. The company started out FY26 strong, executing through uncertainty with customers renewing early and upgrading to the new Enterprise Advanced tier given heightened interested in the new AI capabilities on Box’s platform, the analyst tells investors in a research note. Box’s partners are also starting to contribute more to larger deals as the company invests in its go-to-market motion, the firm added.
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Read More on BOX:
- Box Inc. Hold Rating: Balancing Strong Demand and AI Innovations Against Decelerating Growth and Market Uncertainties
- Box price target raised to $42 from $38 at Raymond James
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- Box price target raised to $38 from $35 at Morgan Stanley
- Box Inc. Reports Growth Amidst AI Innovations