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Upturn AI SWOT - About
BXP 
Boston Properties Inc (BXP)
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Upturn Advisory Summary
10/24/2025: BXP (2-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
22 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $79.5
1 Year Target Price $79.5
| 6 | Strong Buy |
| 3 | Buy |
| 11 | Hold |
| 1 | Sell |
| 1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 36.99% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  4.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.12B USD | Price to earnings Ratio 3709 | 1Y Target Price 79.5 |
Price to earnings Ratio 3709 | 1Y Target Price 79.5 | ||
Volume (30-day avg) 22 | Beta 1.24 | 52 Weeks Range 52.95 - 84.26 | Updated Date 10/26/2025 |
52 Weeks Range 52.95 - 84.26 | Updated Date 10/26/2025 | ||
Dividends yield (FY) 5.32% | Basic EPS (TTM) 0.02 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-10-28 | When After Market | Estimate 0.39 | Actual - |
Profitability
Profit Margin 0.15% | Operating Margin (TTM) 29.01% |
Management Effectiveness
Return on Assets (TTM) 2.45% | Return on Equity (TTM) 0.95% |
Valuation
Trailing PE 3709 | Forward PE 39.06 | Enterprise Value 28103895689 | Price to Sales(TTM) 3.85 |
Enterprise Value 28103895689 | Price to Sales(TTM) 3.85 | ||
Enterprise Value to Revenue 8.14 | Enterprise Value to EBITDA 17.24 | Shares Outstanding 158375515 | Shares Floating 147018407 |
Shares Outstanding 158375515 | Shares Floating 147018407 | ||
Percent Insiders 0.39 | Percent Institutions 109.61 |
Upturn AI SWOT
Boston Properties Inc
Company Overview
History and Background
Boston Properties (BXP) was founded in 1970. It is a publicly traded real estate investment trust (REIT) that develops, owns, and manages premier properties in select U.S. markets. It went public in 1997. BXP has evolved into one of the largest owners, managers, and developers of Class A office properties in the United States.
Core Business Areas
- Office: Develops, owns, and manages Class A office properties in gateway markets.
- Retail: Owns and manages retail spaces primarily within its office properties.
- Residential: Develops and manages residential properties, typically mixed-use developments.
- Life Sciences: Develops and manages lab and research space targeted for life science and technology companies.
Leadership and Structure
Owen D. Thomas serves as the Chief Executive Officer and Chairman of the Board. The company operates with a traditional REIT structure, with a board of directors and executive management team overseeing operations and strategy.
Top Products and Market Share
Key Offerings
- Class A Office Space: BXP's core offering is high-quality office space in prime locations. Market share is difficult to pinpoint precisely but BXP is one of the largest US owners of Class A office space. Competitors include SL Green Realty Corp., Vornado Realty Trust, and Equity Commonwealth. Revenue derived from Class A office space is the largest contributor.
- Life Sciences Properties: Specialized laboratory and research facilities. Market share is growing, but detailed data is not publicly available. Competitors include Alexandria Real Estate Equities and BioMed Realty Trust. BXP is investing significantly in growing their life sciences offerings.
- Retail Space in Office Buildings: Retail spaces located within or adjacent to its office buildings. No specified market share available. Competitors include Brookfield Properties and Simon Property Group. Revenue is generated through retail leases.
Market Dynamics
Industry Overview
The commercial real estate industry is influenced by economic cycles, interest rates, and demand for office, retail, and residential space. The life science sector is experiencing strong growth, but is susceptible to macro-economic volatility. Interest rates and return to office mandates impact performance.
Positioning
BXP is a leading owner and developer of Class A office properties in major gateway markets. The company has a reputation for high-quality assets and strong tenant relationships. A competitive advantage is its experience in development and redevelopment.
Total Addressable Market (TAM)
The Total Addressable Market (TAM) for commercial real estate is vast, but BXP focuses primarily on Class A office, retail, and life science properties in specific markets. TAM expected for the industry is $17 trillion (USD), with steady growth expected at ~ 4% per annum. BXP is a major player, positioned to capture a significant portion of the TAM in its niche markets. Market conditions fluctuate, and will have impact on total valuations.
Upturn SWOT Analysis
Strengths
- High-quality asset portfolio
- Strong tenant relationships
- Experienced management team
- Solid financial position
- Significant development expertise
Weaknesses
- Concentrated in specific geographic markets
- Exposure to economic cycles
- High debt levels
- Sensitivity to interest rate fluctuations
- Significant dependence on large tenant leases.
Opportunities
- Expansion into new markets
- Growth in the life science sector
- Redevelopment and repositioning of existing assets
- Acquisition of undervalued properties
- Increased demand for high-quality office space
Threats
- Economic downturns
- Increased competition
- Rising interest rates
- Changes in tenant demand (e.g., remote work)
- Geopolitical Instability
Competitors and Market Share
Key Competitors
- SLG
- VNO
- EQC
- ARE
Competitive Landscape
BXP is a leading player in the Class A office market. It has a strong reputation for high-quality assets and tenant relationships. Competitors include other large REITs and private equity firms. The company's development expertise is a key competitive advantage.
Major Acquisitions
Platform Life Science
- Year: 2021
- Acquisition Price (USD millions): 850
- Strategic Rationale: Strengthen Boston Properties footprint in life science sector.
Growth Trajectory and Initiatives
Historical Growth: BXP has grown through acquisitions, developments, and organic rent growth.
Future Projections: Future growth is expected through a combination of new developments, acquisitions, and redevelopment projects.
Recent Initiatives: BXP is focused on expanding its life science portfolio, redeveloping existing assets, and improving sustainability.
Summary
Boston Properties is a major player in Class A office real estate, with a strong portfolio and management team. Its strengths lie in high-quality assets and development expertise. Weaknesses include geographic concentration and sensitivity to economic cycles. The company faces challenges, but is positioned for growth with investments in the life science sector.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Investor Presentations
- Earnings Call Transcripts
- Market Research Reports
- Third-party financial data providers
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor. Market share data are estimates and may not be precise.
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.
About Boston Properties Inc
Exchange NYSE | Headquaters 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 816 | Website https://www.bxp.com |
Full time employees 816 | Website https://www.bxp.com | ||
BXP, Inc. (NYSE: BXP) is the largest publicly traded developer, owner, and manager of premier workplaces in the United States, 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 50 years. BXP is a fully integrated real estate company, organized as a real estate investment trust (REIT). As of June 30, 2025, including properties owned by unconsolidated joint ventures, BXP's portfolio totals 53.7 million square feet and 186 properties, including ten properties under construction/redevelopment.
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