
Boston Properties (BXP) Stock Forecast & Price Target
Boston Properties (BXP) Analyst Ratings
Bulls say
BXP Inc. is experiencing strong fundamentals, as evidenced by an increase in the 2024 FFO estimate to $7.10 per share, reflecting robust performance in 3Q24. The company has demonstrated significant leasing success, with 4Q24 leasing being the fifth highest ever and double-digit positive GAAP rent spreads projected for both FY25 and beyond. Furthermore, BXP's strategic management of lease expirations, with only 3.8% and 4.4% set for 2026 and 2027 respectively, positions the company well to capitalize on improving tenant demands across key urban markets.
Bears say
BXP Inc. is facing a negative outlook due to an anticipated 2.0% decline in normalized funds from operations (FFO) in 2024, with only a slight recovery projected in 2025, primarily influenced by expected occupancy declines in the first half of 2025. Additionally, the company has lowered its 2025 and 2026 earnings estimates, reflecting heightened risks associated with a potential recession impacting office employment and persistent high interest rates that may further deter demand in key markets. Furthermore, rising construction costs have increased tenant improvement expenses, compounding the challenges faced by BXP's portfolio of primarily office buildings in a post-COVID-19 environment.
This aggregate rating is based on analysts' research of Boston Properties and is not a guaranteed prediction by Public.com or investment advice.
Boston Properties (BXP) Analyst Forecast & Price Prediction
Start investing in Boston Properties (BXP)
Order type
Buy in
Order amount
Est. shares
0 shares