Reported 3 days ago
On Wednesday, Box, Inc. (NYSE:BOX) experienced a substantial stock increase of 17.23%, closing at $36.86, driven by encouraging forecasts from the company and market analysts. Although the company's net income fell 52% to $8.194 million compared to last year, revenues grew 4.5% and are projected to rise by 8% in Q2 FY 2026. Investment firms like Raymond James and RBC Capital have increased their price targets for the stock, reflecting optimism regarding Box's growth potential.
Source: YAHOO