BXP, Inc. (BXP): price, analyst ratings, earnings and fundamentals
Updated 16 October 2026, 06:50 ET
BXP, Inc. (BXP) closed at $59.69 on 15 October 2026, up 3.4%. The stock is down 6.8% over one month and down 15.4% over one year. It trades 20.4% below its 52-week high of $74.96. Analysts recorded 14 actions in the last 90 days; the median price target of $71 is 18.9% above the last close. The company last reported on 28 July 2026 for Q2 2026: EPS of $1.78 against an estimate of $1.71, a beat of 4.1%, on revenue of $895.7 million.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open BXP in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 14 analyst actions on BXP from 10 firms: 14 maintained or reiterated a view. Price targets were 10 raised and 4 lowered. The most recent targets from 12 firms range from $67 to $87, with a median of $71, 18.9% above the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 12 Oct 2026 | Piper Sandler | Maintains Overweight | $88.00 to $72.00 |
| 21 Sep 2026 | Evercore ISI Group | Maintains In-Line | $71.00 to $67.00 |
| 17 Sep 2026 | Scotiabank | Maintains Sector Outperform | $76.00 to $73.00 |
| 9 Sep 2026 | Truist Securities | Maintains Hold | $64.00 to $68.00 |
| 1 Sep 2026 | Wells Fargo | Maintains Overweight | $77.00 to $82.00 |
| 27 Aug 2026 | Piper Sandler | Maintains Overweight | $90.00 to $88.00 |
| 25 Aug 2026 | UBS | Maintains Neutral | $61.00 to $70.00 |
| 25 Aug 2026 | JP Morgan | Maintains Overweight | $79.00 to $87.00 |
| 5 Aug 2026 | Scotiabank | Maintains Sector Outperform | $74.00 to $76.00 |
| 4 Aug 2026 | Citigroup | Maintains Neutral | $58.00 to $69.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 27 October 2026 after the close for Q3 2026, with EPS expected at $1.80 on revenue of $883.4 million. BXP, Inc. beat the EPS estimate in 5 of its last 6 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 28 Jul 2026 | $1.71 | $1.78 | +4.09% | $895.7M |
| Q1 2026 | 28 Apr 2026 | $1.58 | $1.59 | +0.63% | $872.1M |
| Q4 2025 | 27 Jan 2026 | $1.02 | $1.76 | +72.55% | $877.1M |
| Q3 2025 | 28 Oct 2025 | $0.92 | $1.74 | +89.13% | $871.5M |
| Q2 2025 | 29 Jul 2025 | $1.67 | $1.71 | +2.40% | $868.5M |
| Q1 2025 | 29 Apr 2025 | $1.65 | $1.64 | -0.61% | $865.2M |
| Q4 2024 | 28 Jan 2025 | $1.79 | $1.79 | 0.00% | $858.6M |
| Q3 2024 | 29 Oct 2024 | $1.81 | $1.81 | 0.00% | $859.2M |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
For the period ended 30 June 2026, BXP, Inc. reported revenue of $895.7 million and net income of $68.6 million. On a trailing twelve month basis the company shows revenue growth of 1.88%, a gross margin of 60.02%, an operating margin of N.A. and a return on equity of 5.70%.
Income statement
| Line | Amount |
|---|---|
| Revenue | $895,699,000 |
| Gross Profit | $538,655,000 |
| Selling, General & Administrative Expenses | $50,444,000 |
| Depreciation & Amortization | $236,977,000 |
| Interest Expense | $153,425,000 |
| Net Income | $68,564,000 |
Cash flow
| Line | Amount |
|---|---|
| Cash from Operating Activities | $446,058,000 |
| Stock-based Compensation | $15,737,000 |
| Cash from Investing Activities | -$354,708,000 |
| Capital Expenditures | $25,054,000 |
| Cash from Financing Activities | -$119,141,000 |
| Dividends Paid | $124,535,000 |
| Free Cash Flow | $421,004,000 |
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $493,949,000 |
| Restricted Cash | $59,514,000 |
| Operating Lease Right-of-Use Assets | $290,726,000 |
| Total Assets | $25,173,869,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Total Short-term Debt | $750,000,000 |
| Operating Lease Liabilities, Long-term | $386,487,000 |
| Finance Lease Liabilities | $353,436,000 |
| Other Borrowings | $797,565,000 |
| Total Liabilities | $17,436,219,000 |
| Common Stock | $1,595,000 |
| Additional Paid In Capital | $6,881,671,000 |
| Retained Earnings | -$1,727,547,000 |
| Treasury Stock | -$2,722,000 |
| Other Accumulated Comprehensive Income | $2,148,000 |
| Total Stockholders Equity | $5,155,145,000 |
| Total Liability & Stockholders Equity | $25,173,869,000 |
Figures as filed with the SEC for the period ended 30 June 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.04 | 49th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.21 | 50th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Free Cashflow Margin Pct | 32.4% | 92nd | Calculated as the ratio of Free Cashflow from Operating Activities / Net Sales. It measures how much per dollar of revenue the company is able to convert into free cash flow. |
| Gross Margin Pct | 60.0% | 73rd | Calculated as the ratio of Revenue - Cost of Goods Sold (COGS) / Revenue. The gross margin represents the percent of total sales revenue that the company retains after incurring the direct costs associated with producing the goods and services sold by a company. |
| Return on Assets Pct | 1.2% | 59th | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 5.7% | 55th | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| FCF Pct Growth | 16.3% | 56th | The Free Cash Flow growth rate over the trailing twelve months (TTM) |
| FCF Pct Growth 3 year CAGR | 5.0% | 45th | The Free Cash Flow compound annual growth rate (CAGR) over the past 3 years |
| FCF Pct Growth 5 year CAGR | 13.5% | 43rd | The Free Cash Flow compound annual growth rate (CAGR) over the past 5 years |
| FCF Return on Assets Pct | 4.5% | 67th | Calculated as the ratio of Cashflow from Operations / Total Assets. A high cash return on assets means a company is generating more cash flow from every asset dollar |
| Operating Cashflow Pct Growth | 4.2% | 48th | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | 0.1% | 42nd | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
| Operating Cashflow Pct Growth 5 year CAGR (FY) | 2.0% | 48th | The Operating Cashflow compound annual growth rate (CAGR) over the past 5 years |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | 400.0% | 97th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | -23.2% | 23rd | The Net Income compound annual growth rate (CAGR) over the past 3 years |
| Net Income Pct Growth 5 year CAGR | -1.2% | 43rd | The Net Income compound annual growth rate (CAGR) over the past 5 years |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 1.9% | 37th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | 3.2% | 44th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
| Revenue Pct Growth 5 year CAGR | 4.8% | 40th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 5 years |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open BXP in FundSpec.
Insider activity
In the last 90 days insiders filed 7 transactions: 7 acquisitions covering 3,252 shares. Acquisitions include awards and option exercises as well as open market purchases. The largest by value was an acquisition of 573 shares by Bruce W Duncan, Director on 30 September 2026, worth about $35,000 at the transaction price.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 30 Sep 2026 | Bruce W Duncan | Director | Acquisition | 573 | $61.11 | $35K |
| 30 Sep 2026 | Joel Klein | Director | Acquisition | 552 | $61.11 | $34K |
| 30 Sep 2026 | Matthew J Lustig | Director | Acquisition | 491 | $61.11 | $30K |
| 30 Sep 2026 | Mary E Kipp | Director | Acquisition | 450 | $61.11 | $28K |
| 30 Sep 2026 | Julie Richardson | Director | Acquisition | 409 | $61.11 | $25K |
| 30 Sep 2026 | Tony West | Director | Acquisition | 389 | $61.11 | $24K |
| 30 Sep 2026 | William H Iii Walton | Director | Acquisition | 389 | $61.11 | $24K |
| 30 Jun 2026 | Bruce W Duncan | Director | Acquisition | 515 | $66.31 | $34K |
| 30 Jun 2026 | Bruce W Duncan | Director | Acquisition | 515 | $66.31 | $34K |
| 30 Jun 2026 | Joel Klein | Director | Acquisition | 496 | $66.31 | $33K |
| 30 Jun 2026 | Joel Klein | Director | Acquisition | 496 | $66.31 | $33K |
| 30 Jun 2026 | Matthew J Lustig | Director | Acquisition | 440 | $66.31 | $29K |
| 30 Jun 2026 | Mary E Kipp | Director | Acquisition | 402 | $66.31 | $27K |
| 30 Jun 2026 | Mary E Kipp | Director | Acquisition | 402 | $66.31 | $27K |
| 30 Jun 2026 | Julie Richardson | Director | Acquisition | 364 | $66.31 | $24K |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 10-Q from 6 August 2026.
| Filed | Form | Document |
|---|---|---|
| 6 Aug 2026 | 10-Q | View on sec.gov |
| 7 May 2026 | 10-Q | View on sec.gov |
| 27 Feb 2026 | 10-K | View on sec.gov |
| 7 Nov 2025 | 10-Q | View on sec.gov |
| 6 Aug 2025 | 10-Q | View on sec.gov |
| 6 May 2025 | 10-Q | View on sec.gov |
| 27 Feb 2025 | 10-K | View on sec.gov |
| 5 Nov 2024 | 10-Q | View on sec.gov |
| 5 Aug 2024 | 10-Q | View on sec.gov |
| 10 May 2024 | 10-Q | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- REITs and Investment Holdings
- Industry
- Trading
- Headquarters
- Boston, Massachusetts
- Chief executive
- Owen D. Thomas
- Employees
- 780
- Website
- bostonproperties.com
- SEC CIK
- 0001037540
Boston Properties (NYSE:BXP) is the largest publicly-held developer and owner of Class A office properties in the United States. The Company's portfolio totals 51.2 million square feet and 196 properties, including six properties under construction/redevelopment.
Sector and peers
BXP, Inc. is part of the REITs and Investment Holdings sector, which FundSpec tracks across 179 companies.
Companies in the same industry by market capitalization:
WELL Welltower Inc.PLD Prologis, Inc.EQIX Equinix Inc.AMT American Tower Corp.SPG Simon Property Group Inc.DLR Digital Realty Trust, Inc.PSA Public StorageO Realty Income Corp.
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for BXP are available to subscribers, with the same screen in the iOS and Android apps.
Open BXP in FundSpec