Evercore ISI Has Lowered Expectations for BXP (NYSE:BXP) Stock Price

BXP (NYSE:BXP) had its target price reduced by stock analysts at Evercore ISI from $76.00 to $73.00 in a research report issued on Thursday, Marketbeat.com reports. The firm presently has an “in-line” rating on the real estate investment trust’s stock. Evercore ISI’s target price would suggest a potential upside of 12.80% from the stock’s current price.

A number of other equities research analysts also recently weighed in on BXP. Jefferies Financial Group boosted their price target on shares of BXP from $79.00 to $84.00 and gave the stock a “buy” rating in a research note on Monday, October 13th. Barclays decreased their price objective on BXP from $82.00 to $81.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. UBS Group cut their target price on BXP from $74.00 to $71.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. Wells Fargo & Company reduced their target price on BXP from $77.00 to $74.00 and set an “overweight” rating on the stock in a report on Tuesday, November 25th. Finally, KeyCorp raised BXP from a “sector weight” rating to an “overweight” rating and set a $80.00 price target for the company in a research note on Thursday, December 4th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $77.75.

BXP Price Performance

BXP stock opened at $64.72 on Thursday. The business’s 50-day simple moving average is $68.57 and its 200 day simple moving average is $70.28. The company has a quick ratio of 4.50, a current ratio of 5.36 and a debt-to-equity ratio of 2.21. The stock has a market cap of $10.26 billion, a price-to-earnings ratio of 37.19, a P/E/G ratio of 7.69 and a beta of 1.01. BXP has a 12-month low of $54.22 and a 12-month high of $79.33.

BXP (NYSE:BXP) last released its earnings results on Tuesday, October 28th. The real estate investment trust reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.02. The company had revenue of $871.51 million for the quarter, compared to the consensus estimate of $860.88 million. BXP had a net margin of 7.95% and a return on equity of 4.19%. The company’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.81 EPS. As a group, research analysts anticipate that BXP will post 6.91 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP John J. Stroman sold 16,838 shares of the stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $72.17, for a total transaction of $1,215,198.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Michael E. Labelle sold 13,422 shares of BXP stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $72.34, for a total transaction of $970,947.48. Following the completion of the transaction, the chief financial officer directly owned 9,223 shares in the company, valued at approximately $667,191.82. The trade was a 59.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 70,710 shares of company stock valued at $5,107,771 over the last 90 days. 1.49% of the stock is owned by company insiders.

Institutional Investors Weigh In On BXP

Institutional investors have recently added to or reduced their stakes in the stock. Loomis Sayles & Co. L P acquired a new stake in shares of BXP in the 2nd quarter valued at about $25,000. Muzinich & Co. Inc. bought a new position in shares of BXP during the third quarter worth about $27,000. Princeton Global Asset Management LLC raised its position in BXP by 892.5% in the 4th quarter. Princeton Global Asset Management LLC now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 357 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in BXP in the 2nd quarter valued at approximately $29,000. Finally, REAP Financial Group LLC lifted its stake in BXP by 193.2% in the 2nd quarter. REAP Financial Group LLC now owns 472 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 311 shares in the last quarter. 98.72% of the stock is owned by institutional investors.

BXP News Summary

Here are the key news stories impacting BXP this week:

• Positive Sentiment: Management reiterated strong leasing momentum and set a 4% occupancy growth target by 2027 while reporting progress toward $1.25B of asset sales — this supports near-term cash generation and repositioning toward higher-return assets. BXP outlines 4-percent occupancy growth target by 2027 amid strong leasing and $1.25B in asset sales progress
• Positive Sentiment: BXP is reportedly close to signing another major tenant at 343 Madison Avenue, which would support Manhattan leasing momentum and rent-roll visibility. BXP Close to Signing Another Major Tenant at 343 Madison Avenue
• Positive Sentiment: Cantor Fitzgerald reaffirmed an “overweight” rating with a $79 price target, signaling institutional conviction in upside from current levels. Cantor Fitzgerald Reiterates Overweight Rating on Boston Properties Inc. (BXP)
• Neutral Sentiment: Company press release and earnings materials provide the formal Q4/FY numbers and context; details are mixed — leasing strength and revenue items are offset by margin/earnings dynamics that left some expectations unmet. BXP Announces Fourth Quarter and Full Year 2024 Results
• Neutral Sentiment: Full earnings/quarter transcripts are available and show management focusing on leasing and capital recycling; investors will parse the tone for guidance and capital allocation plans. BXP, Inc. (BXP) Q4 2025 Earnings Call Transcript
• Negative Sentiment: At least one earnings-call write-up flagged that Q4 results fell short of some expectations, which pressures near-term sentiment. Earnings call transcript: BXP Inc Q4 2024 falls short of expectations
• Negative Sentiment: Evercore ISI trimmed its price target (from $76 to $73) and moved to an “in-line” rating, signaling more cautious near-term expectations from another sell-side shop. BXP price target lowered by Evercore ISI
• Negative Sentiment: Portfolio moves — including exiting the West Coast lab market and selling a D.C. stake rather than joining a debt restructuring — reduce exposure to non-core assets but may signal forced dispositions or tighter financing conditions in some markets. BXP Exits West Coast Lab Market Amid Nationwide Asset Sell-Off BXP sells its stake in D.C.’s Market Square North rather than join debt restructuring

About BXP

Boston Properties, Inc (NYSE: BXP) is a publicly traded real estate investment trust (REIT) specializing in the ownership, management, and development of Class A office properties across major U.S. markets. Headquartered in Boston, Massachusetts, the company’s portfolio comprises high-quality office buildings, mixed-use developments and select retail assets designed to serve leading corporations in key metropolitan areas.

Established in 1970 by Mortimer B. Zuckerman, Boston Properties has grown through disciplined acquisitions and strategic ground-up developments.