Overview
Box Q3 fiscal 2026 revenue rises 9% yr/yr, slightly beating analyst expectations
Adjusted EPS for Q3 fiscal 2026 meets analyst estimates
Company expands stock repurchase program by $150 mln
Outlook
Box anticipates full-year revenue of approximately $1.175 bln, up 8% year-over-year
Box sees Q4 non-GAAP EPS at approximately $0.33
Box forecasts full-year non-GAAP EPS of approximately $1.28
Result Drivers
AI PLATFORM ADOPTION - Box attributes strong Q3 performance to enterprises embracing its AI-powered Intelligent Content Management platform
PRICE PER SEAT INCREASES - Box AI and Enterprise Advanced adoption drive consistent price per seat increases and seat expansion
STRATEGIC INVESTMENTS - Strategic investments in sales and marketing programs and product roadmap contribute to profitable growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $301 mln | $299.08 mln (8 Analysts) |
Q3 Adjusted EPS | Meet | $0.31 | $0.31 (8 Analysts) |
Q3 Adjusted Operating income | $86.10 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Box Inc is $39.00, about 24.7% above its December 1 closing price of $29.36
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nBw8tfMCMa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)