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Upturn AI Summary - About
BXP, Inc.(BXP)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BXP
09/24/2026: BXP (3-star) is currently NOT-A-BUY. Pass it for now.
BXP, Inc. is a major US REIT focusing on high-end Class A office properties and life science facilities in key gateway cities. The company has a leading position in the premium office market, supported by a strong balance sheet and high-credit tenants. Its primary growth story revolves around diversifying into the resilient life science sector and urban mixed-use development. However, the business faces material risks from the structural shift toward hybrid work, which threatens office demand, and sensitivity to interest rates. BXP may best suit income-focused investors looking for established, institutional-grade real estate, though they should monitor occupancy trends and debt management developments closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The office REIT sector currently faces significant structural headwinds limiting high-growth prospects. |
| Momentum investor | Weak fit | The stock has not demonstrated sustained upward price momentum relative to broader market indices. |
| Value investor | Mixed fit | The stock may appear attractively valued on a NAV basis, but market sentiment regarding office space remains cautious. |
| Dividend investor | Strong fit | BXP provides a consistent income stream typical of established REITs, which may appeal to income-focused investors. |
| Low-risk investor | Mixed fit | While assets are high-quality, the office sector's current volatility introduces moderate-to-high risk profiles. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | General market sentiment toward office real estate creates significant share price swings. |
| Valuation risk | Medium | Changes in capitalization rates and interest rate environments directly impact property valuations. |
| Competition risk (office space demand) | High | Changing work models reduce aggregate demand for traditional urban office footprints. |
| Business quality | Strong | BXP manages a premier portfolio of Tier-1 assets that attract the highest quality corporate tenants. |
| Dividend income | Medium | Dividend sustainability depends on stable occupancy rates and sufficient funds from operations. |
| Execution risk | Medium | Timely delivery and leasing of large-scale development projects are critical to meeting financial targets. |
Price Behavior

Rolling Over
The price momentum is slowing down and beginning to turn downward.

Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 34.29% | Avg. Invested days 59 | Today’s Advisory PASS |
Upturn Advisory Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals 
Financial Health Rating 
Growth Momentum Score 
Ownership 
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue) 
Economic Dimensions
Quantitative Style Profile 
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 11.28B USD | Price to earnings Ratio 34.64 | 1Y Target Price 76.35 |
Price to earnings Ratio 34.64 | 1Y Target Price 76.35 | ||
Volume (30-day avg) 1.3M shares | Beta 1.03 | 52 Weeks Range 48.54 - 74.94 | Updated Date 09/24/2026 |
52 Weeks Range 48.54 - 74.94 | Updated Date 09/24/2026 | ||
Dividends yield (FY) 4.35% | Basic EPS (TTM) 1.8 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Office Leasing | Rental income from Class A office properties in gateway cities. | Most revenue comes from long-term leases with major companies. |
| Life Science/Research | Rental income from specialized lab space for biotechnology and R&D firms. | This is a specialized, high-demand niche of the business. |
| Mixed-Use/Other | Income from retail, residential, and hotel components integrated into projects. | Diversifies income beyond standard office work. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 34.64 | Forward PE 28.17 | Enterprise Value 25.82B | Price to Sales(TTM) 3.54 |
Enterprise Value 25.82B | Price to Sales(TTM) 3.54 | ||
Enterprise Value to Revenue 7.43 | Enterprise Value to EBITDA 13.21 | Shares Outstanding 159.66M | Shares Floating 158.23M |
Shares Outstanding 159.66M | Shares Floating 158.23M | ||
Percent Insiders 0.38 | Percent Institutions 113.33 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About BXP, Inc.
Exchange NYSE | Headquarters Boston, MA, United States | ||
IPO Launch date 1997-06-18 | CEO & Chairman of the Board Mr. Owen David Thomas | ||
Sector Real Estate | Industry REIT - Office | Full time employees 826 | Website https://www.bxp.com |
Full time employees 826 | Website https://www.bxp.com | ||
BXP, Inc. is the largest publicly traded developer, owner, and manager of premier workplaces in the United States. It is 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 June 30, 2026, including properties owned by joint ventures, BXP's portfolio totals 51.1 million square feet and 164 properties, including six properties under construction/redevelopment. BXP's portfolio consists of 143 office properties, 13 retail properties, seven residential properties (including four 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, Inc. was incorporated in 1970 in Delaware and is based in Massachusetts, Boston.

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