Box (BOX)

• Market cap: $4.71B
• 1 day: -0.79%
• 5 days: -0.61%
• 1 month: 2.69%
• 3 months: -7.25%
• 6 months: 5.25%
• Year to date: 3.64%
• 1 year: -1.84%
• 5 years: 81.96%
• 10 years: 153.16%
• Sector: Technology
• Industry: Software - Infrastructure

About: Box is a cloud-based content management platform that provides storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file, sync, and share provider. Over time, it built out and acquired workflow and security tools to evolve the pure-play FSS business into a content management business. Most recently, Box has been pursuing an AI-powered, intelligent content management strategy that can allow for metadata extraction and workflow automation.

Employees: 2,810

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

549% more call options, than puts

Call options by funds: $338M | Put options by funds: $52M

69% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 42

18% more capital invested

Capital invested by funds: $4.5B [Q1] → $5.29B (+$794M) [Q2]

6% more funds holding

Funds holding: 385 [Q1] → 410 (+25) [Q2]

5.59% more ownership

Funds ownership: 101.42% [Q1] → 107.02% (+5.59%) [Q2]

4% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 140

33% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $26
• Avg. target: $37
• High target: $42

5 analyst ratings

• positive: 3 60%
• neutral: 1 20%
• negative: 1 20%

UBS Seth Gilbert	$36	Neutral Assumed	18 Sep 2025
Citigroup Steven Enders	$40	Buy Maintained	27 Aug 2025
UBS Rich Hilliker	$42	Buy Maintained	27 Aug 2025
Raymond James Brian Peterson	$42	Outperform Reiterated	27 Aug 2025
RBC Capital Rishi Jaluria	$26	Underperform Maintained	27 Aug 2025