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BXPBXP, Inc.Sell5.3·$66.35-0.39%
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BXP, Inc. (BXP) Stock Analysis

Recovery setup

SellVALUE-TRAP 1/5High Confidence

Real Estate · REIT - Office

Sell if holding. At $66.35, A.R:R is negative (-0.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: six gateway markets; Concentration risk — Property Type: premier workplace buildings.

BXP is a self-managed office REIT owning 179 commercial properties totaling approximately 52.6 million net rentable square feet, concentrated in six gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. Revenue comes primarily from long-term... Read more

$66.35-0.3% A.UpsideScore 5.3/10#3 of 14 REIT - Office
QualityF-score7 / 9FCF yield7.92%
IncomeYield4.62%(5y avg 5.27%)Payout154.77%
Stop $63.33Target $66.09(resistance)A.R:R -0.5:1
Analyst target$69.05+4.1%20 analysts
$66.09our TP
$66.35price
$69.05mean
$58
$89

Sell if holding. At $66.35, A.R:R is negative (-0.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: six gateway markets; Concentration risk — Property Type: premier workplace buildings. Chart setup: Death cross but MACD improving, RSI 80. Score 5.3/10, high confidence.

Passes 6/9 gates (positive momentum, clean insider activity, news events none recent, earnings proximity 48d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and 8k serious 2.06. Suitability: moderate.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-06-10

Recent Developments — BXP, Inc.

Material events (past 30 days)

  • 8K May 29, 2026 MEDIUM Item 2.06: BXP disclosed material impairment on Sumner Square (three DC buildings: 1615 M Street, 1625 M Street, and 1215 17th Street NW), agreed to sell for $63 million gross; carrying value exceeds expected net proceeds. Consistent with September 2025 Investor Day strategic asset sales plan.

Generated 2026-06-15T18:11:46Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Tue, Jul 28, 202648d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Concentration risk — Geographic: six gateway markets
Concentration risk — Property Type: premier workplace buildings
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)33.5
P/E (Fwd)31.3
Mkt Cap$11.9B
EV/EBITDA18.2
Profit Mgn10.0%
ROE5.5%
Rev Growth0.6%
Beta1.06
Dividend4.62%
Rating analysts26

Quality Signals

Piotroski F7/9

Options Flow

P/C2.08bearish
IV55%elevated

Concentration Risks(10-K Item 1A)

  • HIGHGeographicsix gateway markets
    10-K Item 1A: 'Substantially all of our revenue is derived from properties located in six markets: Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC.'
  • HIGHPropertypremier workplace buildings
    10-K Item 1A: 'our portfolio consists primarily of premier workplace buildings (as compared to a more diversified real estate portfolio)'

Material Events(8-K, last 90d)

  • 2026-05-29Item 2.06MEDIUM
    BXP disclosed material impairment on Sumner Square (three DC buildings: 1615 M Street, 1625 M Street, and 1215 17th Street NW), agreed to sell for $63 million gross; carrying value exceeds expected net proceeds. Consistent with September 2025 Investor Day strategic asset sales plan.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
0.0
Support Resistance
1.1
52w Position
7.3
GatesA.R:R -0.5=NEGATIVE8K SERIOUS 2.06Death cross (50MA < 200MA)Momentum 6.3>=5.5Insider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 48d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
80 · Overbought
20D MA 50D MA 200D MADEATH CROSSSupport $57.23Resistance $67.44

Price Targets

$63
$66
A.Upside-0.4%
A.R:R-0.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeRisk-Off

Risk Alerts

! Target reached (-6.3% upside)
! Negative risk/reward — downside exceeds upside
! 8K_SERIOUS:2.06

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-28 (48d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is BXP stock a buy right now?

Sell if holding. At $66.35, A.R:R is negative (-0.5) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: six gateway markets; Concentration risk — Property Type: premier workplace buildings. Chart setup: Death cross but MACD improving, RSI 80. Prior stop was $63.33. Score 5.3/10, high confidence.

What is the BXP stock price target?

Take-profit target: $66.09 (-0.3% upside). Prior stop was $63.33. Stop-loss: $63.33.

What are the risks of investing in BXP?

Concentration risk — Geographic: six gateway markets; Concentration risk — Property Type: premier workplace buildings; Analyst target reached - limited upside remaining.

Is BXP overvalued or undervalued?

BXP, Inc. trades at a P/E of 33.5 (forward 31.3). TrendMatrix value score: 4.7/10. Verdict: Sell.

What do analysts say about BXP?

26 analysts cover BXP with a consensus score of 3.6/5. Average price target: $69.

What does BXP, Inc. do?BXP is a self-managed office REIT owning 179 commercial properties totaling approximately 52.6 million net rentable...

BXP is a self-managed office REIT owning 179 commercial properties totaling approximately 52.6 million net rentable square feet, concentrated in six gateway markets: Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. Revenue comes primarily from long-term leases on premier workplaces, with a weighted-average lease term of 7.9 years and 61% pre-leasing on 3.5 million square feet under construction as of February 2026.

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