Box (BOX) AI Stock Analysis

• Market Cap: $4.73B
• Dividend Yield: N/A
• Average Volume (3M): 1.63M
• Price to Earnings (P/E): 26.2
• Beta (1Y): 0.56
• 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: 1,335,532
• 30 Day Avg. Volume: 1,628,736
• 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: 1.11
• Enterprise Value/Revenue: 4.66
• Enterprise Value/Gross Profit: 5.89
• Enterprise Value/Ebitda: 48.35
• 1Y Price Target: $38.14
• Price Target Upside: 16.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 71 Outperform
• Price Target: $36.00 ▲(10.13% Upside)

Box's overall stock score reflects its strong financial performance and positive earnings call, which highlight robust revenue growth and strategic focus on AI. However, high leverage and mixed technical indicators temper the outlook.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

AI Integration

AI integration enhances product offerings, driving competitive advantage and customer retention through advanced capabilities.

Operating Margins

Improved operating margins reflect efficient cost management and profitability, ensuring financial stability and growth potential.

Negative Factors

High Leverage

High leverage can increase financial risk and limit strategic flexibility, potentially impacting long-term financial health.

Macroeconomic Challenges

Macroeconomic challenges can affect demand and revenue growth, posing risks to future financial performance and strategic plans.

Foreign Exchange Headwinds

Foreign exchange fluctuations can impact revenue visibility and profitability, complicating financial planning and forecasting.

Box Business Overview & Revenue Model

Company Description

Box, Inc. (BOX) is a cloud content management and file sharing service for businesses. Founded in 2005, the company provides a platform that allows organizations to store, manage, and collaborate on files securely in the cloud. Box serves a wide range of sectors, including healthcare, financial services, and education, offering solutions designed to enhance productivity and streamline workflows. Its core products include Box Platform, Box Governance, and Box Shield, which are aimed at improving collaboration and security for enterprise customers.

How the Company Makes Money

Box generates revenue primarily through a subscription-based model, offering various pricing tiers that cater to businesses of different sizes and needs. Key revenue streams include monthly and annual subscription fees for its cloud content management services, which vary based on the level of features and storage capacity. The company also offers add-on services such as Box Governance and Box Shield for enhanced compliance and security, providing additional revenue opportunities. Significant partnerships with technology companies, including integrations with Microsoft, Google, and Salesforce, further contribute to Box's earnings by expanding its market reach and enhancing the value of its offerings.

Box Financial Statement Overview

Summary

Box demonstrates solid financial performance with consistent revenue growth and strong gross profit margins. However, high leverage and a low EBIT margin indicate potential financial risks. Robust cash flow generation provides a cushion against these risks.

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	50.61M	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: 32.69
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

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 32.69 is below the 20-day moving average (MA) of 32.82, above the 50-day MA of 32.51, and above the 200-day MA of 32.58, indicating a neutral trend. The MACD of 0.17 indicates Negative momentum. The RSI at 48.38 is Neutral, neither overbought nor oversold. The STOCH value of 46.84 is Neutral, 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
PATH	―	$8.75B	487.11	1.15%	―	8.25%	―
WEX	―	$5.44B	20.07	22.19%	―	-1.62%	36.57%
BOX	―	$4.73B	26.21	163.44%	―	6.29%	62.03%
VRNS	―	$7.06B	-68.76	-25.73%	―	14.29%	-14.42%
S	―	$5.89B	―	-27.34%	―	25.39%	-42.90%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
DBX	―	$7.66B	17.92	―	―	-0.04%	-5.07%

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.