BXP, Inc. (BXP) earnings on April 28, 2026
Prior outlook: Optimistic Outcome: Missed
Boston Properties' stock fell despite earlier optimism about the company. The stock dropped nearly 4% during the day and closed down about 2.65% after earnings.
BXP price around the earnings
57.60
Change: -2.6%
2026-04-29, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
Strong momentum, but analysts temper targets near resistance.
Experts see strong positive momentum and good news from leasing activities, but some analysts have recently lowered their price targets. The stock is nearing a price level where it might face resistance.
Context analyzed before publication
- Summary
- Strong momentum, but analysts temper targets near resistance.
- Playbook
- The stock is near resistance, and recent analyst actions suggest caution.
- Trend
- Analyst sentiment improving over past two sessions.
Analysts
Drivers
-
Analysts
Negative
Despite positive price action, some analysts have reduced their price expectations for the stock. This indicates that while the stock is performing well, future growth might be viewed with less optimism.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.18
- Analysts covering the stock
- 20
- Average price target
- 70.05
- Lowest price target
- 58
- Highest price target
- 89
- Upside to price target
- 19.7%
- Revenue growth
- -31.9%
- Forward EPS
- 2.09
- Trailing EPS
- 1.74
- Analyst moves in the last 60 days
- 7
- Strong buy: 4
- Buy: 7
- Hold: 11
- Sell: 0
- Strong sell: 0
- Strong buy
- 4
- Buy
- 7
- Hold
- 11
- Sell
- 0
- Strong sell
- 0
- April 15, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
- April 2, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- April 1, 2026 · JP Morgan: Maintains rating (Overweight → Overweight)
- April 1, 2026 · Piper Sandler: Maintains rating (Overweight → Overweight)
- March 2, 2026 · Scotiabank: Maintains rating (Sector Perform → Sector Perform)
- February 26, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- February 24, 2026 · Mizuho: Downgrades rating (Outperform → Neutral)
News and sentiment
Drivers
-
News & sentiment
Positive
Recent news about securing a large lease agreement and overwhelmingly positive online discussions support a favorable outlook. There have been no negative headlines reported.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (4)
- BXP Completes Over 200,000 Square Feet Of Leasing At 680 Folsom And 50 Hawthorne In San Francisco, Bringing One Property To Full Occupancy And Another Above 90% Leased — Benzinga
- Evercore ISI Group Maintains In-Line on BXP, Lowers Price Target to $60 — Benzinga
- JP Morgan Maintains Overweight on BXP, Lowers Price Target to $79 — Benzinga
- Piper Sandler Maintains Overweight on BXP, Lowers Price Target to $75 — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock's recent price increases over the last 14 and 30 days are significantly higher than the broader market's performance. This strong outperformance suggests positive price trends.
Evidence
- Average true range (ATR)
- 2.6%
- Distance to 52-week high
- -26.3%
- 14-day change (14d)
- +14.6%
- 30-day change
- +9.5%
- 30-day relative strength
- +5.7%
- Benchmark change
- +3.8%
- Nearest support
- 50.21
- Nearest resistance
- 59.75
- Volume accumulation ratio
- 0.8
Trends
Evidence
- Average earnings surprise
- +68.9%
- January 27, 2026: actual EPS 1.56 vs estimate 0.3 (surprise +413.4%)
- October 28, 2025: actual EPS -0.36 vs estimate 0.39 (surprise -194.0%)
- July 29, 2025: actual EPS 0.56 vs estimate 0.42 (surprise +33.6%)
- April 29, 2025: actual EPS 0.4 vs estimate 0.33 (surprise +22.6%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.2%
- 75th percentile move
- 4.4%
- 90th percentile move
- 5.2%
- Up / down moves
- 7 / 12
- Average up move
- +2.5%
- Average down move
- -3.5%
Monitoring and close
What BXP, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -2.6%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 3.8%