BXP, Inc. (BXP)
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
NYSEReal EstateReit - OfficeSnapshot 2026-09-04
QuarterlyIQ Insights · BXP
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $68 BXP trades at 8.8× p/ffo, below its 13× p/ffo peer median, but our blended $59 fair value sits below the price. It's a high-confidence read. Analysts target $61–$88. Note: our $59 fair value sits below the entire analyst range ($61–$88). Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $70.00 | — | — | Analyst | high |
| dcf fcff | 12M | $13.85 | — | — | Hist. CAGR | high |
| ddm gordon | 12M | $13.43 | — | — | TTM | high |
| graham number | 12M | $53.73 | — | — | TTM | high |
| Mgmt guidance | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$61.00 – $88.00 (median $70.00) · 17 analysts · as of 2026-09-01
No fragility gates fired.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Cheaper than its own typical valuation.
Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $29.30 |
| 13.2 |
| 2.22 |
| Mgmt |
| high |
| Peer P/FCF | 12M | $56.10 | 15.6 | 3.60 | TTM | high |
| Peer P/FFO | 12M | $101.41 | 13.2 | 7.68 | TTM | high |
| Peer P/S | 12M | $84.36 | 3.8 | 22.03 | TTM | high |
| residual income | 12M | $41.84 | — | — | TTM | high |
| Own P/E history | 12M | $104.84 | 41.3 | 2.54 | TTM | high |
| triangulated | 12M | $36.38 | 13.2 | 2.76 | Triangulated | high |
| Mgmt guidance | 3Y | $15.67 | 13.2 | 1.19 | Mgmt(prov.) | medium |
| Peer P/FCF | 3Y | $39.00 | 15.6 | 2.50 | Hist. CAGR(prov.) | medium |
| Peer P/FFO | 3Y | $85.35 | 13.2 | 6.47 | Hist. CAGR(prov.) | medium |
| Peer P/S | 3Y | $89.19 | 3.8 | 23.29 | Analyst | medium |
| Own P/E history | 3Y | $136.86 | 41.3 | 3.31 | Analyst | medium |
| Mgmt guidance | 5Y | $10.33 | 13.2 | 0.78 | Mgmt(prov.) | medium |
| Peer P/FCF | 5Y | $30.60 | 15.6 | 1.97 | Hist. CAGR(prov.) | medium |
| Peer P/FFO | 5Y | $76.08 | 13.2 | 5.76 | Hist. CAGR(prov.) | medium |
| Peer P/S | 5Y | $92.49 | 3.8 | 24.15 | Analyst | medium |
| Own P/E history | 5Y | $141.92 | 41.3 | 3.43 | Analyst | medium |