Box Reports Revenue of $183.6 Million for Fiscal First Quarter 2021, Up 13 Percent Year-Over-Year

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Craig-Hallum Upgrades Box, Inc. (BOX) to Buy

May 28, 2020 8:56 AM EDT

Craig-Hallum analyst Chad Bennet upgraded Box, Inc. (NYSE: BOX) from Hold to Buy with a price target of $24 (from $18).

Improved Execution, Net Expansion, AndOPM AccelerationCreate A Great Risk/Reward

For an analyst ratings summary and ratings history on... More

Box, Inc. (BOX) PT Raised to $22 at Oppenheimer Following Solid 1Q

May 28, 2020 8:43 AM EDT

Oppenheimer analyst Ittai Kidron raised the price target on Box, Inc. (NYSE: BOX) to $22.00 (from $16.00) while maintaining a Outperform rating following the company's 1Q earnings report. Box's results of $183.6M/$0.10 compared favorably to the Street's $182.0M/$0.05E with billings of $128.1M vs.... More

Box (BOX) Tops Q1 EPS by 5c

May 27, 2020 4:07 PM EDT

Box (NYSE: BOX) reported Q1 EPS of $0.10, $0.05 better than the analyst estimate of $0.05. Revenue for the quarter came in at $183.6 million versus the consensus estimate of $181.91 million.

While these remain challenging and unprecedented times, we are at the beginning of one of the most transformative periods in business history, said Aaron Levie, co-founder and CEO of Box. The need for more organizations to develop remote work and... More