Why Box Stock Jumped Nearly 20% Today
Shares of (NYSE: BOX) surged as much as 19.7% higher on Wednesday, peaking around 1:30 p.m. ET. The cloud-based data storage and content management veteran reported robust first-quarter fiscal-year 2026 results on Tuesday evening. By 3:10 p.m. ET, the stock was up about 18% from the previous day's close.
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Box's Q1 2026 sales rose 4% year over year to $276.3 million. Adjusted earnings fell from $0.39 to $0.30 per diluted share, including a $0.01 headwind from changing foreign currency exchange rates. Your average Wall Street analyst would have settled for earnings near $0.26 per share on revenue in the neighborhood of $275.1 million.
Source Fool.com
Box Inc. A Stock
€27.40
0.360%
Our community is currently high on Box Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 34 € shows a positive potential of 24.09% compared to the current price of 27.4 € for Box Inc. A.
