Box with ticker code (BOX) now have 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 38 and 21 with a mean TP of 29.67. With the stocks previous close at 25.26 this would imply there is a potential upside of 17.5%. There is a 50 day moving average of 25.97 while the 200 day moving average is 25.15. The company has a market capitalisation of $3,756m. Company Website: https://www.box.com
The potential market cap would be $4,412m based on the market concensus.
Box provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company’s Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features to comply with legal and regulatory requirements, internal policies, and industry standards and regulations. It offers web, mobile and desktop applications for cloud content management on a platform for developing custom applications, as well as industry-specific capabilities. As of January 31, 2021, the company had over 105,000 paying organizations, and its solution was offered in 25 languages; and 77.7 million registered users. Box serves healthcare, government, life sciences, and financial services industries in the United States and internationally. The company was formerly known as Box.net and changed its name to Box in November 2011. Box was founded in 2005 and is headquartered in Redwood City, California.
