Boston Properties (BXP) Stock Forecast, Price Target & Predictions


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BXP Stock Forecast


Boston Properties stock forecast is as follows: an average price target of $90.53 (represents a 13.99% upside from BXP’s last price of $79.42) and a rating consensus of 'Buy', based on 12 wall street analysts offering a 1-year stock forecast.

BXP Price Target


The average price target for Boston Properties (BXP) is $90.53 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $132.00 to $47.00. This represents a potential 13.99% upside from BXP's last price of $79.42.

BXP Analyst Ratings


Buy

According to 12 Wall Street analysts, Boston Properties's rating consensus is 'Buy'. The analyst rating breakdown for BXP stock is 0 'Strong Buy' (0.00%), 8 'Buy' (66.67%), 3 'Hold' (25.00%), 1 'Sell' (8.33%), and 0 'Strong Sell' (0.00%).

Boston Properties Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 14, 2024Floris van DijkumCompass Point$88.00$79.8610.19%10.80%
Oct 31, 2024Floris van DijkumCompass Point$80.00$82.75-3.32%0.73%
Oct 22, 2024Alexander GoldfarbPiper Sandler$105.00$86.8220.94%32.21%
Sep 16, 2024Steve SakwaEvercore ISI$84.00$80.404.48%5.77%
Sep 11, 2024Nicholas YulicoScotiabank$82.00$73.8910.98%3.25%
Sep 11, 2024Blaine HeckWells Fargo$80.00$74.517.37%0.73%
Sep 03, 2024Alexander GoldfarbPiper Sandler$78.00$74.494.71%-1.79%
Aug 27, 2024Michael LewisTruist Financial$77.00$74.203.77%-3.05%
Aug 07, 2024Nicholas YulicoScotiabank$76.00$69.269.73%-4.31%
Jun 27, 2024Omotayo OkusanyaDeutsche Bank$65.00$61.006.56%-18.16%
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The latest Boston Properties stock forecast, released on Nov 14, 2024 by Floris van Dijkum from Compass Point, set a price target of $88.00, which represents a 10.19% increase from the stock price at the time of the forecast ($79.86), and a 10.80% increase from BXP last price ($79.42).

Boston Properties Price Target by Period


1M3M12M
# Anlaysts3812
Avg Price Target$91.00$84.25$80.00
Last Closing Price$79.42$79.42$79.42
Upside/Downside14.58%6.08%0.73%

In the current month, the average price target of Boston Properties stock is $91.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 14.58% increase as opposed to Boston Properties's last price of $79.42. This month's average price target is up 8.01% compared to last quarter, and up 13.75% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 14, 2024Compass PointNeutralBuyUpgrade
Oct 31, 2024Compass PointNeutralNeutralHold
Oct 23, 2024Argus Research-BuyUpgrade
Oct 23, 2024JMP Securities-OutperformUpgrade
Oct 22, 2024Piper SandlerNeutralOverweightUpgrade
Sep 16, 2024Evercore ISIOutperformOutperformHold
Sep 12, 2024ScotiabankSector OutperformSector OutperformHold
Sep 11, 2024ScotiabankOutperformOutperformHold
Sep 11, 2024Wells FargoOverweightOverweightHold
Sep 03, 2024Piper SandlerNeutralNeutralHold
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Boston Properties's last stock rating was published by Compass Point on Nov 14, 2024. The company Upgrade its BXP rating from "Neutral" to "Buy".

Boston Properties Financial Forecast


Boston Properties Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$828.93M$824.28M$817.15M$803.20M$789.82M$790.52M$773.93M$754.31M$731.06M$730.06M$713.81M$713.70M$665.09M$693.27M$654.77M$752.56M$757.50M$743.55M
Avg Forecast$889.88M$882.97M$874.91M$862.18M$853.67M$848.38M$848.64M$837.04M$835.56M$829.91M$819.49M$808.68M$811.59M$809.90M$788.22M$773.80M$781.03M$769.34M$760.36M$732.00M$728.02M$708.89M$691.76M$688.29M$682.33M$669.78M$725.10M$751.89M$729.54M$712.60M
High Forecast$904.76M$897.74M$889.55M$876.60M$867.95M$862.57M$862.83M$859.44M$851.40M$831.32M$819.49M$808.68M$832.15M$831.87M$801.41M$786.75M$794.09M$769.34M$760.36M$732.00M$728.02M$708.89M$691.76M$688.29M$682.33M$669.78M$725.10M$751.89M$729.54M$712.60M
Low Forecast$873.23M$866.45M$858.54M$846.05M$837.70M$832.51M$832.76M$814.11M$813.57M$828.51M$819.49M$808.68M$795.85M$790.34M$773.48M$759.33M$766.42M$769.34M$760.36M$732.00M$728.02M$708.89M$691.76M$688.29M$682.33M$669.78M$725.10M$751.89M$729.54M$712.60M
# Analysts4444333542445964374347444889127
Surprise %------------1.02%1.02%1.04%1.04%1.01%1.03%1.02%1.03%1.00%1.03%1.03%1.04%0.97%1.04%0.90%1.00%1.04%1.04%

Boston Properties's average Quarter revenue forecast for Mar 24 based on 4 analysts is $808.68M, with a low forecast of $808.68M, and a high forecast of $808.68M. BXP's average Quarter revenue forecast represents a -2.44% decrease compared to the company's last Quarter revenue of $828.93M (Dec 23).

Boston Properties EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333542445964374347444889127
EBITDA------------$473.92M$252.91M$479.85M$447.56M$407.00M$464.06M$463.50M$435.90M$465.70M$393.75M$402.56M$387.33M$290.88M$370.51M$555.02M$773.39M$416.83M$383.34M
Avg Forecast$597.40M$592.76M$587.35M$578.80M$573.09M$569.54M$569.71M$561.93M$560.93M$557.14M$550.14M$328.04M$544.84M$543.71M$529.15M$298.22M$449.30M$442.66M$437.50M$271.11M$418.89M$407.88M$398.02M$373.74M$392.60M$385.38M$417.20M$432.62M$419.76M$410.01M
High Forecast$607.39M$602.67M$597.17M$588.48M$582.67M$579.06M$579.24M$576.96M$571.56M$558.09M$550.14M$393.65M$558.64M$558.45M$538.00M$357.87M$539.16M$442.66M$437.50M$325.33M$418.89M$407.88M$398.02M$448.48M$392.60M$385.38M$417.20M$432.62M$419.76M$410.01M
Low Forecast$586.22M$581.67M$576.36M$567.97M$562.36M$558.88M$559.05M$546.53M$546.17M$556.19M$550.14M$262.43M$534.27M$530.57M$519.25M$238.58M$359.44M$442.66M$437.50M$216.89M$418.89M$407.88M$398.02M$298.99M$392.60M$385.38M$417.20M$432.62M$419.76M$410.01M
Surprise %------------0.87%0.47%0.91%1.50%0.91%1.05%1.06%1.61%1.11%0.97%1.01%1.04%0.74%0.96%1.33%1.79%0.99%0.93%

4 analysts predict BXP's average Quarter EBITDA for Mar 24 to be $328.04M, with a high of $393.65M and a low of $262.43M. This is -30.78% lower than Boston Properties's previous annual EBITDA (Dec 23) of $473.92M.

Boston Properties Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333542445964374347444889127
Net Income------------$119.92M$-111.83M$104.30M$77.89M$35.80M$360.98M$163.10M$75.73M$119.95M$108.30M$111.70M$100.60M$10.31M$92.48M$269.15M$500.12M$143.46M$110.40M
Avg Forecast$78.93M$69.15M$59.72M$63.10M$73.13M$70.40M$64.51M$63.51M$79.17M$84.19M$74.67M$111.09M$97.01M$106.54M$92.90M$100.99M$178.16M$112.77M$118.29M$91.81M$77.92M$96.78M$89.79M$97.07M$92.80M$85.50M$83.92M$877.99M$139.81M$110.46M
High Forecast$80.65M$70.65M$61.02M$64.47M$74.72M$71.93M$65.91M$64.25M$79.61M$85.78M$74.67M$133.30M$99.15M$133.58M$94.92M$121.18M$213.79M$112.77M$118.29M$110.17M$77.92M$96.78M$89.79M$116.48M$92.80M$85.50M$83.92M$1.05B$139.81M$110.46M
Low Forecast$77.01M$67.47M$58.27M$61.56M$71.35M$68.69M$62.94M$62.40M$78.29M$82.60M$74.67M$88.87M$95.40M$90.64M$90.64M$80.79M$142.53M$112.77M$118.29M$73.45M$77.92M$96.78M$89.79M$77.65M$92.80M$85.50M$83.92M$702.39M$139.81M$110.46M
Surprise %------------1.24%-1.05%1.12%0.77%0.20%3.20%1.38%0.82%1.54%1.12%1.24%1.04%0.11%1.08%3.21%0.57%1.03%1.00%

Boston Properties's average Quarter net income forecast for Mar 24 is $111.09M, with a range of $88.87M to $133.30M. BXP's average Quarter net income forecast represents a -7.37% decrease compared to the company's last Quarter net income of $119.92M (Dec 23).

Boston Properties SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333542445964374347444889127
SG&A-------------$31.93M$46.17M$55.80M$37.87M$32.52M$34.66M$43.19M$33.65M$34.56M$38.41M$44.96M$31.05M$27.86M$37.74M$36.45M$32.80M$31.15M
Avg Forecast$45.09M$44.74M$44.33M$43.69M$43.25M$42.99M$43.00M$42.41M$42.34M$42.05M$41.52M$33.54M$41.12M$41.04M$39.94M$30.49M$32.76M$38.98M$38.53M$27.72M$36.89M$35.92M$35.05M$43.38M$34.57M$33.94M$36.74M$364.36M$36.97M$36.11M
High Forecast$45.84M$45.49M$45.07M$44.42M$43.98M$43.71M$43.72M$43.55M$43.14M$42.12M$41.52M$40.25M$42.16M$42.15M$40.61M$36.59M$39.31M$38.98M$38.53M$33.27M$36.89M$35.92M$35.05M$52.06M$34.57M$33.94M$36.74M$437.23M$36.97M$36.11M
Low Forecast$44.25M$43.90M$43.50M$42.87M$42.45M$42.18M$42.20M$41.25M$41.22M$41.98M$41.52M$26.83M$40.33M$40.05M$39.19M$24.39M$26.20M$38.98M$38.53M$22.18M$36.89M$35.92M$35.05M$34.71M$34.57M$33.94M$36.74M$291.49M$36.97M$36.11M
Surprise %-------------0.78%1.16%1.83%1.16%0.83%0.90%1.56%0.91%0.96%1.10%1.04%0.90%0.82%1.03%0.10%0.89%0.86%

Boston Properties's average Quarter SG&A projection for Dec 23 is $41.12M, based on 5 Wall Street analysts, with a range of $40.33M to $42.16M. The forecast indicates a 28.79% rise compared to BXP last annual SG&A of $31.93M (Sep 23).

Boston Properties EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333542445964374347444889127
EPS------------$0.76$-0.71$0.67$0.50$0.23$2.30$1.04$0.48$0.77$0.69$0.72$0.59$0.05$0.58$1.71$3.20$0.91$0.70
Avg Forecast$0.50$0.44$0.38$0.40$0.46$0.44$0.41$0.40$0.50$0.53$0.47$0.52$0.61$0.67$0.59$0.46$0.60$0.72$0.75$0.66$0.50$0.62$0.57$0.57$0.59$0.54$0.53$0.83$0.89$0.70
High Forecast$0.51$0.45$0.39$0.41$0.47$0.45$0.42$0.41$0.50$0.54$0.47$0.52$0.63$0.84$0.60$0.47$0.62$0.72$0.75$0.66$0.50$0.62$0.57$0.57$0.59$0.54$0.53$0.83$0.89$0.70
Low Forecast$0.49$0.43$0.37$0.39$0.45$0.43$0.40$0.39$0.49$0.52$0.47$0.52$0.60$0.57$0.57$0.45$0.59$0.72$0.75$0.66$0.50$0.62$0.57$0.57$0.59$0.54$0.53$0.83$0.89$0.70
Surprise %------------1.24%-1.05%1.14%1.08%0.38%3.21%1.38%0.73%1.55%1.12%1.26%1.04%0.08%1.07%3.21%3.87%1.02%1.00%

According to 4 Wall Street analysts, Boston Properties's projected average Quarter EPS for Mar 24 is $0.52, with a low estimate of $0.52 and a high estimate of $0.52. This represents a -30.96% decrease compared to BXP previous annual EPS of $0.76 (Dec 23).

Boston Properties Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HPPHudson Pacific Properties$3.33$13.53306.31%Hold
KRCKilroy Realty$38.47$59.0053.37%Buy
BDNBrandywine Realty Trust$5.34$7.8847.57%Hold
PDMPiedmont Office Realty Trust$9.41$13.0038.15%-
AREAlexandria Real Estate Equities$104.49$136.5030.63%Hold
DEIDouglas Emmett$18.49$23.5027.10%Hold
BXPBoston Properties$79.42$90.5313.99%Buy
HIWHighwoods Properties$31.46$33.255.69%Hold
CUZCousins Properties$30.93$31.291.16%Buy
SLGSL Green Realty$77.60$73.39-5.43%Hold
VNOVornado Realty Trust$41.06$35.00-14.76%Hold

BXP Forecast FAQ


Is Boston Properties a good buy?

Yes, according to 12 Wall Street analysts, Boston Properties (BXP) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 66.67% of BXP's total ratings.

What is BXP's price target?

Boston Properties (BXP) average price target is $90.53 with a range of $47 to $132, implying a 13.99% from its last price of $79.42. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Boston Properties stock go up soon?

According to Wall Street analysts' prediction for BXP stock, the company can go up by 13.99% (from the last price of $79.42 to the average price target of $90.53), up by 66.20% based on the highest stock price target, and down by -40.82% based on the lowest stock price target.

Can Boston Properties stock reach $120?

BXP's highest twelve months analyst stock price target of $132 supports the claim that Boston Properties can reach $120 in the near future.

What is Boston Properties's current price target trend?

3 Wall Street analysts forecast a $91 price target for Boston Properties (BXP) this month, up 14.58% from its last price of $79.42. Compared to the last 3 and 12 months, the average price target increased by 6.08% and increased by 0.73%, respectively.

What are Boston Properties's analysts' financial forecasts?

Boston Properties's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.39B (high $3.45B, low $3.32B), average EBITDA is $2.27B (high $2.32B, low $2.23B), average net income is $271.54M (high $276.81M, low $265.38M), average SG&A $171.65M (high $174.95M, low $168.07M), and average EPS is $1.72 (high $1.75, low $1.68). BXP's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.51B (high $3.57B, low $3.44B), average EBITDA is $2.36B (high $2.4B, low $2.31B), average net income is $270.9M (high $276.79M, low $264.31M), average SG&A $177.85M (high $180.82M, low $174.52M), and average EPS is $1.71 (high $1.75, low $1.67).

Did the BXP's actual financial results beat the analysts' financial forecasts?

Based on Boston Properties's last annual report (Dec 2023), the company's revenue was $3.27B, beating the average analysts forecast of $3.18B by 2.83%. Apple's EBITDA was $1.87B, missing the average prediction of $1.92B by -2.64%. The company's net income was $190.22M, missing the average estimation of $397.44M by -52.14%. Apple's SG&A was $0, missing the average forecast of $152.59M by -100.00%. Lastly, the company's EPS was $1.21, missing the average prediction of $2.34 by -48.24%. In terms of the last quarterly report (Dec 2023), Boston Properties's revenue was $828.93M, beating the average analysts' forecast of $811.59M by 2.14%. The company's EBITDA was $473.92M, missing the average prediction of $544.84M by -13.02%. Boston Properties's net income was $119.92M, beating the average estimation of $97.01M by 23.62%. The company's SG&A was $0, missing the average forecast of $41.12M by -100.00%. Lastly, the company's EPS was $0.76, beating the average prediction of $0.613 by 23.95%