BoxBOX
Market Cap: 4.06B
About: Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.
Employees: 2,530
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
67% more call options, than puts
Call options by funds: $42.5M | Put options by funds: $25.5M
25% more capital invested
Capital invested by funds: $3.19B [Q4 2023] → $3.98B (+$797M) [Q1 2024]
11% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 107
10.85% more ownership
Funds ownership: 86.61% [Q4 2023] → 97.46% (+10.85%) [Q1 2024]
5% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 58
1% more funds holding
Funds holding: 327 [Q4 2023] → 330 (+3) [Q1 2024]
40% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2023] → 3 (-2) [Q1 2024]
Research analyst outlook
12 Wall Street Analysts provided 1 year price forecasts over the past 6 months
12 analyst ratings
RBC Capital Rishi Jaluria | 25%downside $21 | Underperform Reiterated | 29 May 2024 |
UBS Rich Hilliker | 11%upside $31 | Buy Maintained | 29 May 2024 |
Oppenheimer George Iwanyc | 25%upside $35 | Outperform Maintained | 29 May 2024 |
Morgan Stanley Josh Baer | 7%upside $30 | Equal-Weight Maintained | 29 May 2024 |
Morgan Stanley Josh Baer | 14%upside $32 | Equal-Weight Downgraded | 22 May 2024 |
Financial journalist opinion
Based on 6 articles about BOX published over the past 30 days