BXP jumps after strong Q2 leasing, revenue beat, and higher 2026 outlook

BXP, Inc. (BXP) is up 5.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to BXP’s second-quarter results and upbeat forward commentary. Investors seemed encouraged by a revenue beat, stronger leasing activity, rising occupancy, and a higher full-year FFO outlook, all of which suggest improving fundamentals for the company’s premier office portfolio.

Details:

BXP posted second-quarter revenue of about $895.7 million, above the expected level shown in earnings data, while EPS also came in ahead of consensus.

Management said second-quarter leasing reached roughly 1.76 million square feet, with portfolio occupancy rising by about 100 basis points to 88.4%.

BXP raised its 2026 FFO-per-share guidance midpoint to a range of about $6.99 to $7.05, citing stronger portfolio NOI, faster lease commencements, lower expenses, and higher fee income.

The company also highlighted progress on capital recycling and financing, including a $1.2 billion construction loan for 343 Madison Avenue, which may have reinforced confidence in execution and liquidity.

Sources:

BXP Investor Relations, SEC, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$BXP Insider Trading Activity

$BXP insiders have traded $BXP stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $BXP stock by insiders over the last 6 months:

MICHAEL E LABELLE (EVP and CFO) has made 0 purchases and 2 sales selling 26,113 shares for an estimated $1,732,532.
HILARY J. SPANN (Executive Vice President) has made 0 purchases and 2 sales selling 6,689 shares for an estimated $403,588.
PETER V OTTENI (Executive Vice President) sold 4,863 shares for an estimated $287,185
ERIC G KEVORKIAN (SVP, CLO and Secretary) has made 0 purchases and 2 sales selling 2,200 shares for an estimated $131,746.
OWEN D THOMAS (Chief Executive Officer) sold 1,198 shares for an estimated $73,341

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$BXP Hedge Fund Activity

We have seen 206 institutional investors add shares of $BXP stock to their portfolio, and 332 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 5,933,552 shares (+174.0%) to their portfolio in Q1 2026, for an estimated $307,951,348
COHEN & STEERS, INC. added 5,466,437 shares (+35.5%) to their portfolio in Q1 2026, for an estimated $283,708,080
BOSTON PARTNERS removed 3,436,457 shares (-98.9%) from their portfolio in Q1 2026, for an estimated $178,352,118
CITADEL ADVISORS LLC added 2,315,372 shares (+132.2%) to their portfolio in Q1 2026, for an estimated $120,167,806
ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC removed 2,061,746 shares (-99.6%) from their portfolio in Q1 2026, for an estimated $107,004,617
BLACKROCK, INC. removed 1,859,119 shares (-10.1%) from their portfolio in Q1 2026, for an estimated $96,488,276
VOYA INVESTMENT MANAGEMENT LLC removed 1,451,112 shares (-98.0%) from their portfolio in Q1 2026, for an estimated $75,312,712

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BXP Government Contracts

We have seen $22,000 of award payments to $BXP over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

FY 26 BOSTON PROPERTIES-ELECTRICITY & UTILITIES AT HQ AND FACILITY SERVICES & MISC.: $22,000

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$BXP Congressional Stock Trading

Members of Congress have traded $BXP stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $BXP stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
REPRESENTATIVE JULIA LETLOW sold up to $15,000 on 02/20.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$BXP Price Targets

Multiple analysts have issued price targets for $BXP recently. We have seen 12 analysts offer price targets for $BXP in the last 6 months, with a median target of $69.0.

Here are some recent targets:

Floris Van Dijkum from Ladenburg Thalmann set a target price of $80.0 on 07/08/2026
Steve Sakwa from Evercore ISI Group set a target price of $68.0 on 07/06/2026
Nicholas Yulico from Scotiabank set a target price of $70.0 on 06/18/2026
Blaine Heck from Wells Fargo set a target price of $77.0 on 06/01/2026
Michael Lewis from Truist Securities set a target price of $64.0 on 05/27/2026
Brendan Lynch from Barclays set a target price of $65.0 on 05/18/2026
Richard Anderson from Cantor Fitzgerald set a target price of $70.0 on 05/15/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.