Among the 76 companies in the Bessemer Venture Partners Cloud Index, Box is the fourth-best performer and one of only seven members that's up so far this year.īox shares have climbed over 5% this year through Wednesday's close, while the Nasdaq has dropped more than 11% over that stretch. The company recently surpassed its all-time high stock price from 2018, and Box has turned out to be a safe haven during the tech market's nosedive to start 2022. At long last, investors seem to be liking what they see.

Levie kept his job, and an independent Box was ultimately victorious in its proxy fight with Starboard. In the decade since Box made CNBC's very first Disruptor 50 list, the company has reckoned with a delayed IPO to rightsize its economics, an extended stretch of stock underperformance and last year had to manage through a heated battle with activist investor Starboard Value, which was demanding the company either find a buyer or oust its CEO. Levie is also a seasoned vet when it comes to Wall Street drama, and he has the scars to prove it. Levie, despite his relative youth, is a grizzled veteran of cloud software, an industry that consisted of Salesforce and little else at the time Box was getting started. Far from its days as a fledgling dorm room start-up, Box now employs more than 2,100 people and generates close to $900 million in annual revenue.

Box or dropbox stock