DailyIQ
|
Sector:Real EstateAll sectors
Last updated 1 hour ago

BXP·BXP, Inc.

$.
-. (-.%)
After Hours
High
$67.62
Open
$67.43
Market Cap
10.61B
52W High
$79.33
Low
$66.30
P. Close
$66.81
P/E
33.44
52W Low
$49.72
Fwd P/E
32.60
DailyIQ Est.
$71.63
Technical Score (1D)
82
BUY
News Sentiment
70
BULLISH
Ladenburg Thalmann has upgraded BXP to a Buy and lifted its price target to $80, reflecting confidence that the REIT’s balance sheet will strengthen as rental income grows, so traders should watch the upcoming earnings release for confirmation of cash‑flow improvement. The long‑term lease of roughly 320,000 sq ft at Boston Dynamics’ Reservoir Place in Waltham adds a high‑profile tenant, improving occupancy and providing predictable cash flow for the Urban Edge campus, so attention should focus on the lease’s expiration and renewal terms. Argus Research has raised its target to $72, citing expected rent growth and portfolio performance, which supports a view that BXP can deliver solid FFO per share, so keep an eye on rent‑growth metrics in the Q2 earnings. A DCF analysis shows BXP trading at about a 20.8 % discount to intrinsic value, suggesting upside potential, but the REIT’s low broader valuation score tempers enthusiasm amid a slowdown in demand for prime office space, so monitor market‑demand trends and leasing activity. The company’s recent asset sales and redevelopment projects have increased liquidity, positioning BXP for future growth, though intensified office‑market competition and execution risks could dampen performance, so watch redevelopment approvals and competitive dynamics. Evercore ISI upgraded BXP to overweight and raised its target to $68, reflecting confidence in the REIT’s financial health and steady performance in a stable real‑estate environment, so traders should keep an eye on the upcoming earnings and any market‑driven shifts. Scotiabank’s upgrade to Outperform with a $70 target highlights strong leasing momentum since the investor day, including a new 150,000‑sq‑ft lease in New York that should support FFO growth, so watch the lease pipeline and refinancing risks. BXP will release its second‑quarter 2026 results on July 28, followed by a conference call on July 29, providing an opportunity to assess revenue, operating income, and future outlook, so monitor earnings commentary on rent growth and debt repayment. Traders should observe how the combination of upgraded analyst targets, new high‑profile leases, and the upcoming earnings window converge to shape BXP’s valuation trajectory over the next 1–10 trading days.
Earnings Summary
Boston Properties, Inc. (BXP) is a real‑estate investment trust that owns, develops, and manages high‑quality office properties across six key gateway markets, including Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC, positioning it as a leader in the commercial real‑estate sector. In the most recent two quarters, BXP reported a dramatic turnaround in earnings, with Q3 2025 posting a negative EPS of –$0.36 versus a positive $0.56 in Q2 2025, followed by a record $1.76 EPS in Q4 2025, a sharp increase from $0.56 in Q2 2025; revenue, however, slipped from $871.5 million in Q3 to $809.15 million in Q4, slightly below the $868.46 million seen in Q2. The REIT has consistently outperformed analyst expectations, beating estimates in five of its last six quarters, with the most recent Q1 2026 EPS of $1.59 surpassing the $0.3384 estimate. Historically, BXP’s earnings trajectory has shown volatility but a clear upward trend in EPS, while revenue has remained relatively flat, reflecting the cyclical nature of office leasing. Recent analyst upgrades—Ladenburg Thalmann and Argus Research both raising price targets to $80 and $72 respectively—highlight confidence in BXP’s stable rental income and improved balance sheet, especially after securing a long‑term lease with Boston Dynamics that is expected to boost occupancy and cash‑flow visibility. Investors should watch the upcoming Q2 2026 earnings for guidance on rent growth, debt repayment, and the status of key leases, as these metrics will confirm whether the positive outlook holds and whether the new lease terms translate into sustained cash‑flow improvements.

EPS

EstBeatMiss
$-0.68$0.01$0.70$1.39$2.08Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$0.42 - -
Q1'26$0.34$1.59+369.9%
Q4'25$0.28$1.76+528.6%
Q3'25$0.39$-0.36-194.0%
Q2'25$0.42$0.56+33.6%
Q1'25$0.33$0.40+22.5%

Revenue

EstBeatMiss
$800M$820M$840M$861M$881MQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$869M - -
Q1'26$853M$818M-4.1%
Q4'25$852M$809M-5.0%
Q3'25 - $872M -
Q2'25 - $868M -
Q1'25 - $865M -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
→

Market Data

BXP Stock Snapshot

BXP is currently trading at $66.82, giving BXP, Inc. a market cap of 10.61B and a P/E ratio of 33.4. Today's range spans $66.30–$67.62, with shares opening at $67.43 and moving up $0.01 (0.0%) from the prior close. DailyIQ's technical score sits at 82/100 (BUY) with a news sentiment reading of 70/100.

Over the past year BXP has traded between $49.72 and $79.33 - the current price is +34.4% off the 52-week low and -15.8% from the high. 27 analysts cover the stock with a Hold consensus and a mean 12-month target of $70.20 (range $58.00–$91.00), implying upside of +5.1%.

If you're looking for bullish momentum in Real Estate, BXP is putting up the numbers: 82/100 technical score, BUY signal, bullish sentiment at 70/100. Price: $66.82 (in the middle of its 52-week range). (P/E: 33.4) The 10.61B market cap keeps it in play for institutional position sizes, and the $49.72–$79.33 annual range shows this stock can make real moves when it gets directional conviction behind it.

What makes BXP's BUY setup (82/100) particularly actionable at 10.61B in Real Estate capitalization is the scale-to-move ratio: large enough to feature on institutional mandates but not so large that the percentage upside is already compressed by index inertia. At $66.82 (in the middle of its 52-week range in $49.72–$79.33), with sentiment running bullish at 70/100, the setup rewards conviction-sized positioning more than it does speculative small bets.