BXP Inc hits a 20-day low amid sector rotation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 26 2024
0mins
Should l Buy BXP?
Source: SeekingAlpha
BXP Inc's stock price fell by 3.02%, hitting a 20-day low, as the broader market showed mixed signals with the Nasdaq-100 up 0.29% and the S&P 500 down 0.12%.
This decline is attributed to sector rotation, as the real estate sector continues to face challenges, with the S&P real estate sector declining by 0.5% over the past year. Investors are reevaluating their portfolios amid concerns about office leasing demand, which could impact future earnings for companies like BXP.
The ongoing weakness in the real estate market may lead to increased scrutiny of BXP's upcoming financial results, scheduled for January 27, 2026, as investors seek clarity on the company's performance in a challenging environment.
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Analyst Views on BXP
Wall Street analysts forecast BXP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BXP is 77.68 USD with a low forecast of 65.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
19 Analyst Rating
10 Buy
9 Hold
0 Sell
Moderate Buy
Current: 63.170
Low
65.00
Averages
77.68
High
90.00
Current: 63.170
Low
65.00
Averages
77.68
High
90.00
About BXP
BXP, Inc. is a fully integrated, self-administered and self-managed real estate investment trust. The Company develops, owns and manages premier workplaces in the United States. The Company's segments by geographic area are Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. Its segment by property type includes Office (which includes office, life sciences and retail), Residential, and Hotel. Its portfolio totals 53.0 million square feet and 184 properties, including nine properties under construction/redevelopment. Its properties consist of 162 office and life sciences properties (including seven properties under construction/redevelopment); 14 retail properties (including one property under construction); seven residential properties (including two properties under construction), and one hotel. Its properties include Times Square Tower, 100 Federal Street, 767 Fifth Avenue, 601 Lexington Avenue, Atlantic Wharf Office Building, 343 Madison Avenue, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
BXP, Inc. Reports Strong 2025 Q4 Performance Amid Asset Sales
- Strong Performance: BXP reported total revenues of $3.5 billion for 2025, with full-year FFO at $6.85 per share; however, Q4 FFO was $1.76 per share, missing guidance by $0.05 primarily due to higher-than-expected G&A expenses and noncash reserves for accrued rental income.
- Asset Sales Progress: The company sold 12 assets for net proceeds exceeding $1 billion in 2025 and early 2026, with 8 more under contract for $230 million, demonstrating strong execution in asset dispositions.
- Leasing Performance: BXP leased over 1.8 million square feet in Q4 and 5.5 million square feet for the year, significantly surpassing annual goals, with expectations of a 4% occupancy gain over the next two years, reflecting robust market demand.
- Optimistic Outlook: The 2026 FFO guidance is set between $6.88 and $7.04 per share, with occupancy projected to rise from 86.7% to 89%, and same-property NOI growth expected at 1.25% to 2.25%, indicating a return to FFO growth.
See More
BXP Q4 Earnings Call Highlights
- Leasing Momentum: BXP completed over 1.8 million square feet of leasing in Q4 2025 and over 5.5 million square feet for the full year, significantly exceeding company goals, with an expectation to complete 4 million square feet of leasing in 2026, enhancing market share.
- Asset Sales and Capital Optimization: BXP plans to achieve approximately $1.9 billion in net proceeds by 2028 through the sale of 27 assets, having already closed 12 asset sales for over $1 billion in net proceeds, demonstrating proactive steps in optimizing its portfolio and reducing debt.
- Financial Outlook and Earnings Guidance: BXP introduced 2026 FFO guidance of $6.88 to $7.04 per share, reflecting a $0.11 increase from 2025, driven by higher same-property net operating income from leasing gains and development deliveries, despite impacts from asset sales and increased management expenses.
- Development Projects and Strategic Investments: BXP's new 320,000-square-foot development project in Washington, D.C. is expected to deliver in 2031 with a total budget of about $380 million, projected to yield over 8% cash return, indicating strategic positioning for future growth potential.
See More
BXP Q4 Earnings Report Analysis
- Financial Performance: BXP reported a Q4 FFO of $1.76, missing expectations by $0.04, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: Despite the FFO miss, BXP's revenue reached $877.1 million, up 2.2% year-over-year, beating market expectations by $5.09 million, demonstrating resilience in revenue generation.
- Future Guidance: BXP provided updated guidance for Q1 2026 EPS of $0.32 to $0.34 and FFO of $1.56 to $1.58 per diluted share, reflecting cautious optimism about future profitability.
- Annual Outlook: The company anticipates 2026 full-year EPS of $2.08 to $2.29 and FFO of $6.88 to $7.04, indicating management's positive outlook on future performance while hinting at potential market risks.
See More
BXP Reports Q4 2025 Financial Results and 2026 Guidance
- Financial Overview: BXP reported revenues of $877.1 million for Q4 2025, a 2.7% increase year-over-year, primarily driven by rising leasing income, indicating strong performance in the premium office market.
- Future Guidance: The company projects Q1 2026 EPS between $0.32 and $0.34, with full-year EPS expected to range from $2.08 to $2.29, reflecting optimistic market demand and aiming to bolster investor confidence.
- Portfolio Status: As of December 31, 2025, BXP's portfolio totals 52.6 million square feet across 179 properties, including eight under construction or redevelopment, showcasing the company's ongoing expansion capabilities in the market.
- Capital Structure Analysis: BXP's total liabilities stand at $18.47 billion, a 1.85% increase from the previous year, with unsecured senior notes comprising 53.2% of the total, indicating the company's flexibility in financing amidst market fluctuations.
See More
BXP INC Q1 FFO Per Share Forecast Ranges from USD 1.56 to 1.58
- Stock Performance: The stock price of the company is currently between $1.56 and $1.58 per share.
- Market Outlook: Analysts are providing insights on the company's performance in the upcoming quarter.
See More
BXP INC Reports Q4 Net Income of $248.5 Million, Exceeding IBES Estimate of $87.7 Million
Company Financial Performance: The company reported a net income of USD 248.5 million for the quarter.
Comparison with Estimates: This figure is significantly lower than the estimated net income of USD 87.7 million.
See More
BXP, Inc. Reports Strong 2025 Q4 Performance Amid Asset Sales
- Strong Performance: BXP reported total revenues of $3.5 billion for 2025, with full-year FFO at $6.85 per share; however, Q4 FFO was $1.76 per share, missing guidance by $0.05 primarily due to higher-than-expected G&A expenses and noncash reserves for accrued rental income.
- Asset Sales Progress: The company sold 12 assets for net proceeds exceeding $1 billion in 2025 and early 2026, with 8 more under contract for $230 million, demonstrating strong execution in asset dispositions.
- Leasing Performance: BXP leased over 1.8 million square feet in Q4 and 5.5 million square feet for the year, significantly surpassing annual goals, with expectations of a 4% occupancy gain over the next two years, reflecting robust market demand.
- Optimistic Outlook: The 2026 FFO guidance is set between $6.88 and $7.04 per share, with occupancy projected to rise from 86.7% to 89%, and same-property NOI growth expected at 1.25% to 2.25%, indicating a return to FFO growth.
See More
BXP Q4 Earnings Call Highlights
- Leasing Momentum: BXP completed over 1.8 million square feet of leasing in Q4 2025 and over 5.5 million square feet for the full year, significantly exceeding company goals, with an expectation to complete 4 million square feet of leasing in 2026, enhancing market share.
- Asset Sales and Capital Optimization: BXP plans to achieve approximately $1.9 billion in net proceeds by 2028 through the sale of 27 assets, having already closed 12 asset sales for over $1 billion in net proceeds, demonstrating proactive steps in optimizing its portfolio and reducing debt.
- Financial Outlook and Earnings Guidance: BXP introduced 2026 FFO guidance of $6.88 to $7.04 per share, reflecting a $0.11 increase from 2025, driven by higher same-property net operating income from leasing gains and development deliveries, despite impacts from asset sales and increased management expenses.
- Development Projects and Strategic Investments: BXP's new 320,000-square-foot development project in Washington, D.C. is expected to deliver in 2031 with a total budget of about $380 million, projected to yield over 8% cash return, indicating strategic positioning for future growth potential.
See More
BXP Q4 Earnings Report Analysis
- Financial Performance: BXP reported a Q4 FFO of $1.76, missing expectations by $0.04, indicating pressure on profitability that may affect investor confidence.
- Revenue Growth: Despite the FFO miss, BXP's revenue reached $877.1 million, up 2.2% year-over-year, beating market expectations by $5.09 million, demonstrating resilience in revenue generation.
- Future Guidance: BXP provided updated guidance for Q1 2026 EPS of $0.32 to $0.34 and FFO of $1.56 to $1.58 per diluted share, reflecting cautious optimism about future profitability.
- Annual Outlook: The company anticipates 2026 full-year EPS of $2.08 to $2.29 and FFO of $6.88 to $7.04, indicating management's positive outlook on future performance while hinting at potential market risks.
See More
BXP Reports Q4 2025 Financial Results and 2026 Guidance
- Financial Overview: BXP reported revenues of $877.1 million for Q4 2025, a 2.7% increase year-over-year, primarily driven by rising leasing income, indicating strong performance in the premium office market.
- Future Guidance: The company projects Q1 2026 EPS between $0.32 and $0.34, with full-year EPS expected to range from $2.08 to $2.29, reflecting optimistic market demand and aiming to bolster investor confidence.
- Portfolio Status: As of December 31, 2025, BXP's portfolio totals 52.6 million square feet across 179 properties, including eight under construction or redevelopment, showcasing the company's ongoing expansion capabilities in the market.
- Capital Structure Analysis: BXP's total liabilities stand at $18.47 billion, a 1.85% increase from the previous year, with unsecured senior notes comprising 53.2% of the total, indicating the company's flexibility in financing amidst market fluctuations.
See More
BXP INC Q1 FFO Per Share Forecast Ranges from USD 1.56 to 1.58
- Stock Performance: The stock price of the company is currently between $1.56 and $1.58 per share.
- Market Outlook: Analysts are providing insights on the company's performance in the upcoming quarter.
See More
BXP INC Reports Q4 Net Income of $248.5 Million, Exceeding IBES Estimate of $87.7 Million
Company Financial Performance: The company reported a net income of USD 248.5 million for the quarter.
Comparison with Estimates: This figure is significantly lower than the estimated net income of USD 87.7 million.
See More
