Evercore cuts target for BXP stock to USD 67.00

Published on 10/05/2026 at 09:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 895.70 million in the second quarter of 2026, up 3.10 percent. BXP stock costs EUR 53.94 on October 5, 2026 after EUR 53.68.

BXP, US1011211018, Illustration mit AI erstellt.

BXP stock (ISIN US1011211018) was trading at EUR 53.94 at Lang & Schwarz on October 5, 2026 at 9:21 a.m. CEST, up 0.48 percent from the EUR 53.68 prior close. On September 21, 2026, Evercore ISI cut its target for BXP from USD 71.00 to USD 67.00 and kept an In Line rating, according to MarketScreener.

Evercore trims target to USD 67.00

The target reduction puts the September analyst action below the USD 73.00 target Scotiabank set on September 17, 2026, while Scotiabank retained a sector outperform rating, as reported by MarketBeat. The sequence of target changes makes valuation and financing costs central issues for the office-focused real estate investment trust.

Second-quarter revenue reaches USD 895.70 million

For the second quarter of 2026, BXP reported revenue of USD 895.70 million and earnings per share of USD 0.43, according to MarketBeat. Revenue increased 3.10 percent from the year-earlier quarter, while earnings per share exceeded the USD 0.40 consensus estimate by USD 0.03.

The latest figures show a mixed operating picture: revenue growth continued, but the earnings-per-share comparison was weaker than the USD 1.71 reported in the same quarter of the prior year. BXP's cash-generating property portfolio therefore remains tied to both leasing performance and the cost of capital.

October 27 results set the next test

BXP, Inc. said it will release third-quarter 2026 results after the close of trading on October 27, 2026, with a conference call scheduled for October 28 at 10:00 a.m. Eastern Time, according to Business Wire. The date gives investors a defined point for testing whether the second-quarter revenue trend can offset the pressure reflected in recent target reductions.

BXP stock stays below its yearly high

At the NYSE, BXP was last at USD 60.45 on October 2, 2026 at 4:00 p.m. EDT, with a 52-week range of USD 49.72 to USD 75.94. That price stood 20.40 percent below the 52-week high, while the Lang & Schwarz indication remained EUR 53.94 in trading on October 5, 2026, plus 0.48 percent versus the EUR 53.68 prior close. The further course of trading is shown by the continuously updated real-time quote of BXP stock.