Box (BOX) AI Stock Analysis

• Market Cap: $4.23B
• Dividend Yield: N/A
• Average Volume (3M): 1.67M
• Price to Earnings (P/E): 23.4
• Beta (1Y): 0.55
• Revenue Growth: 6.29%
• EPS Growth: 62.03%
• Country: US
• Employees: 2,810
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Infrastructure
• EPS (TTM): 0.33
• Shares Outstanding: 144,885,820
• 10 Day Avg. Volume: 1,985,904
• 30 Day Avg. Volume: 1,673,979
• PEG Ratio: 0.19
• Price to Book (P/B): 24.41
• Price to Sales (P/S): 4.42
• P/FCF Ratio: 14.61
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 4.66
• Enterprise Value/Gross Profit: 5.89
• Enterprise Value/Ebitda: 48.35
• 1Y Price Target: $38.17
• Price Target Upside: 31.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: $32.00 ▲(10.42% Upside)

Box's overall stock score reflects strong financial performance and positive earnings call sentiment, offset by technical weakness and a high valuation. The company's robust cash flow and strategic focus on AI and enterprise solutions support its growth outlook, but high leverage and macroeconomic challenges pose risks.

Positive Factors

Strategic Partnerships

The collaboration with AWS enhances Box's AI capabilities, providing a competitive edge in content management and workflow automation, potentially driving long-term growth.

Revenue Growth

Strong revenue growth indicates robust demand for Box's services, supporting its market position and financial stability over the long term.

AI Integration

Integration with advanced AI models enhances Box's product offerings, increasing its appeal to enterprise customers and supporting future growth.

Negative Factors

High Leverage

High leverage can limit financial flexibility and increase risk, potentially impacting Box's ability to invest in growth opportunities or weather economic downturns.

Macroeconomic Challenges

Macroeconomic challenges could affect Box's future billing and growth, posing risks to its revenue stability and market expansion efforts.

Foreign Exchange Headwinds

Foreign exchange volatility can impact Box's financial performance, particularly in international markets, potentially affecting profitability and revenue forecasts.

Box Business Overview & Revenue Model

Company Description

Box, Inc. (BOX) is a cloud content management and file sharing service for businesses. Founded in 2005, Box provides a secure platform that enables organizations to store, manage, and collaborate on files and documents in the cloud. The company primarily serves sectors such as technology, healthcare, finance, and education, offering a suite of services that include content management, workflow automation, and collaboration tools. Box's core products include its cloud storage solution, Box Notes, Box Relay, and various integration capabilities with third-party applications.

How the Company Makes Money

Box generates revenue primarily through a subscription-based model, offering tiered pricing plans that cater to businesses of different sizes and needs. The key revenue streams include monthly or annual subscriptions for its cloud storage and collaboration services, which are charged based on the number of users or volume of storage required. Additionally, Box earns revenue from premium features and services, such as enhanced security options and advanced administrative tools. Significant partnerships with other technology companies, such as Microsoft and Google, also contribute to its earnings by integrating Box's services with widely used applications, thereby increasing its user base and driving subscription growth.

Box Financial Statement Overview

Summary

Box demonstrates solid financial performance with consistent revenue growth and strong cash flow generation. However, the high debt-to-equity ratio and relatively low EBIT margin indicate potential financial risks and operational inefficiencies.

Income Statement

Box has demonstrated consistent revenue growth, with a TTM growth rate of 2.18% and a strong gross profit margin of 79.08%. The net profit margin has improved significantly to 21.38%, indicating enhanced profitability. However, the EBIT margin remains relatively low at 7.05%, suggesting room for operational efficiency improvements.

Balance Sheet

The company has a high debt-to-equity ratio of 3.38, indicating significant leverage, which could pose financial risks. However, the return on equity has improved to 1.97%, reflecting better utilization of equity. The equity ratio remains low, suggesting a reliance on debt financing.

Cash Flow

Box's cash flow position is strong, with a free cash flow growth rate of 4.65% and a high free cash flow to net income ratio of 0.92. The operating cash flow to net income ratio is 0.37, indicating efficient cash generation relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.13B	1.09B	1.04B	990.87M	874.33M	770.77M
Gross Profit	889.17M	862.02M	777.13M	738.32M	624.85M	546.03M
EBITDA	108.38M	113.34M	101.99M	102.83M	53.62M	37.84M
Net Income	223.19M	244.62M	129.03M	26.78M	-41.46M	-43.43M
Balance Sheet
Total Assets	1.62B	1.67B	1.24B	1.21B	1.39B	1.35B
Cash, Cash Equivalents and Short-Term Investments	757.86M	722.82M	480.69M	461.25M	586.27M	595.08M
Total Debt	204.48M	721.32M	491.80M	535.10M	621.50M	648.15M
Total Liabilities	1.40B	1.47B	1.18B	1.24B	1.79B	1.20B
Stockholders Equity	225.92M	197.28M	61.03M	-33.86M	-395.09M	151.06M
Cash Flow
Free Cash Flow	317.45M	329.68M	300.32M	281.49M	224.33M	180.34M
Operating Cash Flow	337.78M	332.26M	318.73M	297.98M	234.82M	196.83M
Investing Cash Flow	-57.76M	-23.21M	-82.79M	120.60M	-239.37M	-16.38M
Financing Cash Flow	-32.31M	-62.36M	-272.90M	-396.50M	-172.86M	218.68M

Box Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 28.98
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BOX, the sentiment is Negative. The current price of 28.98 is below the 20-day moving average (MA) of 31.51, below the 50-day MA of 32.19, and below the 200-day MA of 32.49, indicating a bearish trend. The MACD of -0.71 indicates Positive momentum. The RSI at 23.65 is Positive, neither overbought nor oversold. The STOCH value of 6.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BOX.

Box Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WEX	69 Neutral	$4.77B	18.17	20.30%	―	-1.15%	-2.52%
BOX	66 Neutral	$4.23B	23.43	163.44%	―	6.29%	62.03%
PATH	66 Neutral	$7.16B	377.59	1.15%	―	8.25%	―
DBX	65 Neutral	$7.31B	16.35	―	―	-0.44%	2.47%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
S	61 Neutral	$5.38B	―	-27.34%	―	25.39%	-42.90%
VRNS	48 Neutral	$3.79B	―	-22.17%	―	11.37%	-34.44%

Box Corporate Events

Box Inc. Reports Strong Q2 Earnings Amid Challenges

Box Inc. recently held its earnings call, which conveyed a largely positive sentiment. The company showcased strong revenue growth and increased customer adoption of its advanced AI offerings. Improvements in operating margins and net retention rates were also highlighted. However, the call did not shy away from acknowledging the challenges posed by macroeconomic conditions and foreign exchange headwinds.

Box Inc. Reports Strong Q2 2026 Financial Performance

Box Inc., a leader in Intelligent Content Management, provides a platform that enhances collaboration and workflow automation through AI-driven solutions, serving various industries globally. In its latest earnings report for the second quarter of fiscal 2026, Box Inc. announced a revenue of $294 million, marking a 9% increase year-over-year. The company also reported a GAAP operating margin of 7.0% and a non-GAAP operating margin of 28.6%, with a GAAP net income per share of $0.05 and a non-GAAP net income per share of $0.33.