Overview

• Intelligent content management platform's Q4 revenue slightly beat analyst expectations

• Company repurchased 4.4 mln shares for $126 mln in Q4

• Company highlighted success of Intelligent Content Management platform

Outlook

• Box expects Q1 FY27 revenue of $304 mln, up 10% year-over-year

• Company anticipates FY27 revenue of $1.275 bln, up 8% year-over-year

• Box forecasts FY27 non-GAAP EPS of $1.55, including FX headwind

Result Drivers

• ENTERPRISE ADVANCED - Box's Enterprise Advanced offering, featuring AI and workflow automation, contributed to 10% of revenue, per CEO Aaron Levie

• INDUSTRY EXPANSION - Box achieved notable wins and expansions across industries such as Financial Services and Healthcare

• NET RETENTION RATE - Box's Intelligent Content Management platform strategy improved net retention rate, according to CFO Dylan Smith

Company press release: ID:nBw92cD7Ta

Key Details

*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 $38.00, about 61.2% above its March 2 closing price of $23.58

• The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 20 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)