BXP, Inc. (BXP) Fair Value & Analysis
Real Estate · US · Market cap $11.2B · ISIN US1011211018
What is BXP, Inc. really worth?
BXP, Inc.
BXP · US
A solid business, but trading 28% above our fair value of $53.27.
Strengths
Risks
For context
Fair value as of: Aug 13, 2026
From 16 valuation models · updated 22 days ago
Share price −3.5% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The model range is unusually wide ($25.00 to $99.13). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range $39.31 – $105.03 · fair‑value band $25.00 – $99.13 · the $68.23 price screens above the $53.27 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
BXP, Inc. (BXP) currently trades at $68.23, while our model-based Fair Value estimate is $53.27, implying the stock looks roughly 28.1% overvalued today. The Quality Score stands at 51/100 (solid quality), in the Real Estate sector. Bull case: the Multiples group reads highest at a median of $62.67 per share, and 5 of the 14 models we run sit above the $68.23 price. Bear case: the Asset-Based group reads lowest at $21.62, and 9 of the 14 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, BXP, Inc. generated revenue of $3.2B at a net margin of 10.0%. Revenue grew 0.6% year over year. It earns a return on equity of 5.5%. Net debt stands at $15.9B. Fundamentals as of Aug 13, 2026
Our scenario range runs from $25.00 (bear case) to $99.13 (bull case); at $68.23, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 11% below its 52-week high and 39% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −25% fair-value upside, at −22%, BXP screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 16 models by family
Widest divergence: Multiples ($62.67) versus Asset-Based ($21.62). Highest evidence: FCF DCF (77).
Notify me when BXP reaches fair value
Put BXP on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 49 · Market factors (momentum, volatility) 56
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
BXP, Inc. (BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States. Also, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years.
Full company description
BXP, Inc. (BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States. Also, concentrated in six dynamic gateway markets - Boston, Los Angeles, New York, San Francisco, Seattle, and Washington, DC. BXP has delivered places that power progress for our clients and communities for more than 55 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of March 31, 2026, including properties owned by joint ventures, BXP's portfolio totals 50.4 million square feet and 164 properties, including six properties under construction/redevelopment. BXP's portfolio consists of 143 office properties, 14 retail properties, six residential properties (including three residential properties under construction) and one hotel. BXP is well known for its in-house building management expertise and responsiveness to clients' needs. BXP holds a superior track record of developing premium Central Business District (CBD) office buildings, successful mixed-use complexes, suburban office centers and build-to-suit projects for a diverse array of creditworthy clients. BXP actively works to promote its growth and operations in a sustainable and responsible manner. BXP has earned a fourteenth consecutive GRESB (Green Star) recognition and the highest GRESB 5-star Rating and was named one of the world's most sustainable companies by TIME Magazine. BXP, an S&P 500 company, was founded in 1970 by Mortimer B. Zuckerman and Edward H. Linde and became a public company in 1997. BXP, Inc. was incorporated in 1970 in Delaware and is based in Massachusetts, Boston.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
BXP, Inc. reported revenue of $3.5B in FY2025 versus $2.9B in FY2021, a compound +4.8%/yr. Reported net income was $277M in FY2025, compounding −14.0%/yr from FY2021.
of which total revenue +3.8 % · buybacks/dilution −0.3 %
Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).
BXP screens 28% overvalued. Compare with MERLIN Properties SOCIMI, S.A →
Recent news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Why Is Boston Properties (BXP) Down 3.7% Since Last Earnings Report?
- BXP's Q2 Results Point to Accelerating 2026 Earnings Outlook, UBS Says
- Is Wall Street Bullish or Bearish on BXP Stock?
- Is BXP Stock Worth Buying as Leasing Improves but Risks Stay High?
Peer Group
REIT - Office · 69 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs REIT - Office median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 46/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more REIT - Office stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| MERLIN Properties SOCIMI, S.A MRL | €13.51 | €5.66 | −58% |
| Vornado Realty Trust VNORP | $51.00 | $40.45 | −21% |
| Alexandria Real Estate Equities, Inc ARE | $51.63 | $58.69 | +14% |
| Gecina GFC | €67.25 | €75.35 | +12% |
| Hudson Pacific Properties, Inc HPP | $12.74 | $3.81 | −70% |
| Mapletree Pan Asia Commercial Trust N2IU | 1.27 SGD | 1.14 SGD | −10% |
| Cousins Properties Incorporated CUZ | $29.25 | $17.46 | −40% |
| EMBASSYRR EMBASSYRR | ₹449.01 | ₹134.34 | −70% |
| Embassy Office Parks REIT owns, EMBASSY | ₹435.90 | ₹141.82 | −67% |
| DEXUS DXS | A$5.96 | A$4.49 | −25% |
Compare BXP, Inc. with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is BXP, Inc. (BXP) overvalued or undervalued?
What is the fair value of BXP?
What is the quality score of BXP?
What is the revenue of BXP, Inc. (BXP)?
What is the net profit margin of BXP?
Does BXP, Inc. pay a dividend?
Watch BXP, Inc. in the live analysis
One click puts BXP, Inc. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.