Box: You Won’t Regret Holding


  • Shares of Box have been among the few enterprise software stocks to enjoy gains this year, yet outperformance in 2023 is likely to continue.
  • In its most recent quarter, Box accelerated constant-currency billings to 20% y/y growth, which is a very positive growth indicator.
  • At the same time, the company also hit record pro forma operating margins.
  • The company is still modestly valued at <4x FY24 revenue.
The Fast Company Innovation Festival - Building A Business That Matters, Part II With Box, Ellevate And GE

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There are very few tech companies, let alone in the enterprise software space, that have not seen massive declines in share price this year. Box (NYSE:BOX) stands alone as a rare exception: the file storage and sharing company has seen

Disclosure: I/we have a beneficial long position in the shares of BOX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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