Box with ticker code (BOX) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 41 and 24 with a mean TP of 34. With the stocks previous close at 31.95 this now indicates there is a potential upside of 6.4%. There is a 50 day moving average of 29.87 and the 200 day MA is 28.2. The company has a market cap of $4,590m. Find out more information at: https://www.box.com
The potential market cap would be $4,885m 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.
