NYSE: BXP · Office REITs
BXP (BXP) fair value and price range
As of 26 Sep 2026, Faircurve's model values BXP (BXP) at $46.60 a share. The stock last closed at $60.45, which puts the model's fair value 22.9% below the price. The model grades the evidence behind this valuation as low, so no verdict is shown. For real estate investment trusts (REITs) the grade looks at how many valuation methods could be applied and whether they agree with each other, and how many comparable companies there are. It does not say how likely the fair value is to be right.
Revalued . Price is the close of 2 Oct 2026. BXP, Inc.
Faircurve Insights · 26 Sep 2026
BXP, trading on the NYSE, is the leading publicly listed company engaged in the development and ownership of premier Class A office properties across the United States.
On 26 Sep 2026, Faircurve's model found a fair value of $46.60 a share. This fair value moved -1.2% since the previous run on 19 Sep 2026, which gave $47.15. The calibrated range over 63 trading days is $39.10 to $56.82, and ranges built this way held the price 60% of the time at this horizon. The model grades the evidence behind this valuation as low, so no verdict is shown.
The business quality is not shown. The model compares BXP with Alexandria Real Estate Equities, Inc., Vornado Realty Trust, Cousins Properties Incorporated, Kilroy Realty Corporation, COPT Defense Properties, SL Green Realty Corp., Highwoods Properties, Inc., and Douglas Emmett, Inc. The stock moved around its last 8 earnings reports by a median of 4.9%, ignoring direction.
Written from the figures on this page for the 26 Sep 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give BXP?
The calibrated range for BXP over 63 trading days is $39.10 to $56.82. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,327 past valuations, refreshed 26 Sep 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is above this range. For names with fair value 15%+ below price, the calibrated range has held the price 40% of the time over 63 trading days, and 58% ended above it; the typical move was −0.1%.
The model's own range is $43.50 to $49.56.
How does BXP compare with similar companies?
The companies in office reits closest to BXP in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| ARE Alexandria Real Estate Equities, Inc. | $47.37 | $22.39 | -52.7% | Low evidence grade |
| VNO Vornado Realty Trust | $33.73 | $16.64 | -50.7% | No verdict on this run |
| CUZ Cousins Properties Incorporated | $28.01 | $19.58 | -30.1% | No verdict on this run |
| KRC Kilroy Realty Corporation | $33.63 | $31.45 | -6.5% | Low evidence grade |
| CDP COPT Defense Properties | $33.57 | $21.51 | -35.9% | No verdict on this run |
| SLG SL Green Realty Corp. | $48.81 | $23.75 | -51.3% | Low evidence grade |
| HIW Highwoods Properties, Inc. | $29.67 | $29.44 | -0.8% | Low evidence grade |
| DEI Douglas Emmett, Inc. | $9.82 | $13.46 | +37.1% | Low evidence grade |
When does BXP report earnings, and how has the stock reacted?
BXP's next earnings report is scheduled for 27 Oct 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 10.0% in either direction through the nearest expiry, about 48 days out, a window that includes the report. That is the size the market is pricing, not a direction.
How BXP moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 4.9%.
| Report date | Two session move |
|---|---|
| 28 Jul 2026 | +5.4% |
| 28 Apr 2026 | -0.7% |
| 27 Jan 2026 | -1.0% |
| 28 Oct 2025 | -5.6% |
| 29 Jul 2025 | -4.6% |
| 29 Apr 2025 | -3.8% |
| 28 Jan 2025 | -7.7% |
| 29 Oct 2024 | -5.3% |
BXP at a glance
BXP, trading on the NYSE, is the leading publicly listed company engaged in the development and ownership of premier Class A office properties across the United States.
- Market value
- $10.1B
- Sector
- Real Estate
- Industry
- Office REITs
- Beta to the US market
- 0.71
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model values BXP three ways and blends them; the range around the fair value comes from 2,000 simulations of the dividend model. The full method is documented here.
What changed in the latest valuation?
On 19 Sep 2026 the model's fair value for BXP was $47.15. As of 26 Sep 2026 it is $46.60, a change of -1.2%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about BXP's valuation
Is BXP stock undervalued or overvalued?
Faircurve's model puts BXP's fair value at $46.60 a share against a last close of $60.45, as of 26 Sep 2026. The model grades the evidence behind this valuation as low, so no verdict is shown. For real estate investment trusts (REITs) the grade looks at how many valuation methods could be applied and whether they agree with each other, and how many comparable companies there are. It does not say how likely the fair value is to be right.
What is BXP's fair value?
$46.60 a share as of 26 Sep 2026. The fair value blends three methods: a cash-flow multiple against comparable companies, a dividend model, and the value of the properties. The model's own range is $43.50 to $49.56.
What price range does the model give BXP?
$39.10 to $56.82 over 63 trading days. Ranges built this way held the price 60% of the time across 4,327 past valuations, refreshed 26 Sep 2026.
When does BXP report earnings next?
The next report is scheduled for 27 Oct 2026. Companies can move their dates.
How much has BXP moved on past earnings reports?
Across its last 8 reports the median two session move was 4.9%, ignoring direction. The largest was -7.7% around the report of 28 Jan 2025.
How confident is the model in this valuation?
The model's evidence grade for BXP is low. For real estate investment trusts (REITs) the grade looks at how many valuation methods could be applied and whether they agree with each other, and how many comparable companies there are. It is not a probability that the fair value is right, or that the price reaches it.