Box with ticker code (BOX) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 41 and 28 with the average target price sitting at 33.2. With the stocks previous close at 26.78 this now indicates there is a potential upside of 24.0%. The 50 day moving average now sits at 28.12 and the 200 day moving average is 27.26. The market cap for the company is $3,743m. Find out more information at: https://www.box.com
The potential market cap would be $4,640m 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, 2022, the company had approximately 100,000 paying organizations, and its solution was offered in 25 languages. It serves financial services, health care, government, and legal 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 incorporated in 2005 and is headquartered in San Francisco Bay Area, California.
