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BOX - Box: Underappreciated Momentum Heading Into 2022
December, 21 2021 02:38 AM
Box Inc. Class A
Shares of Box look poised to continue outperforming in 2022, after quietly rising nearly 50% in 2021. Revenue growth accelerated to 14% y/y in Box's most recent quarter, marking the third consecutive accelerating growth quarter. Box also expanded its share repurchase program by $200 million, representing over 5% of the company's outstanding market cap. Box's cheap <4x forward revenue multiple leaves plenty of room for the company to continue rallying. For further details see:
Box: Underappreciated Momentum Heading Into 2022
Stock Information
Company Name:
Box Inc. Class A
Stock Symbol:
BOX
Market:
NYSE
Website:
box.com
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