Box, Inc. (BOX) PT Raised to $30 at KeyBanc

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Why Box (BOX) Stock Is Up 10% Today and What Analysts are Saying

December 1, 2021 9:01 AM EST

Shares of Box (NYSE: BOX) are up more than 9% in pre-open after the company reported higher-than-expected Q3 earnings and guidance.

Box reported Q3 EPS of $0.22, $0.01 better than the analyst estimate of $0.21. Revenue for the quarter came in at $224 million versus the consensus estimate of $218.49 million.

Our strong third quarter results show the continued momentum of our long-term growth strategy, as more customers are turning to the Box Content Cloud to deliver secure content management and... More