Stock Price & Analysis

Based on the current market data and analyst recommendations, here's a concise analysis for BXP:

Technical Analysis The stock is currently showing bearish momentum with a -2.23% decline today, closing at $71.12. The RSI-14 reading of 44.22 indicates neutral momentum but leaning towards oversold territory. The price is trading below both its 20-day moving average ($72.24) and 60-day moving average ($75.96), suggesting a downward trend.

Analyst Consensus Recent analyst actions show mixed sentiment:

• Piper Sandler maintains Buy with $100 PT (38.18% upside)
• Mizuho maintains Buy with $86 PT (22.11% upside)
• Jefferies maintains Strong Buy with $84 PT (14.07% upside)
• Wedbush downgraded to Sell with $70 PT (-4.94% downside)

Business Fundamentals BXP demonstrated strong leasing performance in Q4 2024, signing approximately 2.3 million square feet of leases with a weighted-average lease term of 10.3 years. This represents the strongest quarterly leasing since Q2 2019, indicating improving demand for premium office spaces.

Market Environment The office real estate sector faces ongoing challenges from remote work trends. However, BXP's focus on premium properties in key markets and strong leasing momentum suggests better positioning compared to peers.

Recommendation Given the mixed technical signals and analyst opinions, but strong fundamental leasing performance, holding current positions or initiating small positions on further pullbacks below $70 appears prudent.

Based on the provided data and analyst reports, here's a price prediction for BXP stock in 2025:

BXP stock is projected to reach $84-86 by mid-2025, representing an approximate 18-20% upside from current price of $71.12. This target is supported by strong leasing momentum with 2.3 million square feet of new leases signed in Q4 2024 and improving occupancy trends across key markets.

The conservative price target of $84.33 reflects analysts' consensus view, while more bullish analysts like Piper Sandler see potential upside to $105 driven by the company's portfolio quality and long-term lease commitments averaging 10.3 years.

Recent strong leasing activity in prime markets and strategic focus on Class A properties in gateway cities provide fundamental support for price appreciation, though office sector headwinds may limit near-term upside.

The S1 support level for BXP Stock is $69.6 ,The R1 resistant level for BXP Stock is $73.66.

As of the end of day on 2025-02-11, the price of BXP Stock was $71.05.

The target price for BXP Stock according to analyst rating is 83.25, with the highest price target at 100.00 and the lowest at 62.00. Analysts have a Moderate Buy rating on BXP Stock overall.

The market cap of BXP is $11.2B.

Based on the provided data and current market conditions, here's a concise analysis of BXP's valuation:

Current Market Status BXP closed at $71.12, down 2.23% on February 10, 2025, with a trading volume of 1,011,102 shares.

Valuation Analysis The stock appears fairly valued considering several key metrics:

• P/E ratio of 34.89 (Q3 2024) indicates premium pricing compared to office REIT peers
• EV/EBITDA of 15.52 (Q4 2024) suggests reasonable operational valuation
• Price-to-Book ratio of 2.17 (Q4 2024) shows the stock trading above book value
• Current dividend yield of 5.27% remains attractive for income investors

Technical Indicators

• RSI(14) at 44.22 indicates neutral momentum
• Trading below both 60-day SMA ($75.96) and 20-day SMA ($72.24)
• Bollinger Band analysis shows price near the middle band, suggesting consolidation

Recent Analyst Views Piper Sandler maintained a Buy rating with a $100 price target on January 30, 2025, citing significant occupancy ramp expected later this year into 2026 and 2027. However, Wedbush downgraded to Sell with a $70 target, expressing concerns about office utilization and occupancy questions.

Conclusion BXP appears slightly overvalued at current levels due to elevated P/E ratio and technical weakness, despite positive analyst outlooks on future occupancy improvements. The office real estate market continues to face challenges from hybrid work trends, suggesting potential near-term headwinds for valuation multiples.

Boston Properties, Inc. is a fully integrated, self-administered and self-managed real estate investment trust (REIT) in the United States. The Company develops, owns and manages primarily workplaces. The Company's segments by geographic area include Boston, Los Angeles, New York, San Francisco, Seattle and Washington, DC. The Company's segments by property type include Premier Workplace, which includes office, life sciences and retail; Residential, and Hotel. It owns a portfolio of approximately 187 commercial real estate properties, aggregating approximately 53.3 million net rentable square feet, including 10 properties under construction/redevelopment. The Company's properties consisted of approximately 166 office and life sciences properties, including six properties under construction/redevelopment; 14 retail properties, including two properties under construction/redevelopment; six residential properties, including one property under construction, and one hotel.

Based on the available data and analyst projections, here's the 2030 price prediction for BXP stock:

BXP stock is projected to reach $125-135 by 2030, driven by the company's strong Class A office portfolio in prime markets and successful conversion of office spaces to residential properties. The positive outlook is supported by BXP's current analyst consensus of Moderate Buy with multiple price target upgrades, including Piper Sandler's $105 target and Evercore ISI's $86 target. The company's strategic shift toward mixed-use developments and strong leasing momentum in key markets like New York City, Princeton, and Seattle will likely contribute to long-term value appreciation.

BXP has a total of 836 employees.