BXP stock holds firm after a $700 million note sale

BXP stock is supported by a $700 million senior note offering, a $67.86 opening price on August 21, 2026, and second-quarter revenue of $895.7 million.

BXP, Inc. stock (NYSE:BXP) is holding near $67.86 after the shares opened on August 21, 2026, while the company follows a $700 million senior unsecured note offering and second-quarter revenue of $895.7 million. The stock also trades with a market capitalization of $10.83 billion.

Funding and valuation

The financing step is concrete: BXP priced a $700 million offering of senior unsecured notes, and the same-day market snapshot showed a 52-week range of $49.72 to $79.33. The opening quote also put the stock on a 200-day average of $61.40 and a 50-day average of $67.85, which leaves it close to its short-term trend.

Analyst revisions have stayed active into August, with recent price objectives at $78, $70, $69, $76 and $85 across the latest brokerage updates. That spread is wide, but it still leaves the current opening price below the average target of $74.5789 cited in the latest coverage.

Second-quarter snapshot

The latest reported quarter, ended June 30, 2026, brought revenue of $895.7 million and earnings per share of $0.43, compared with consensus at $858.07 million and $0.40. Revenue rose 3.1% from the same quarter a year earlier, while the company also set FY 2026 guidance at 6.990 to 7.050 EPS and Q3 2026 guidance at 1.800 to 1.820 EPS.

That mix matters for investors because the share price is now reflecting both a tighter funding backdrop and a still-growing rental income base. The quarter also showed a net margin of 8.44% and return on equity of 3.88%, two figures that keep the balance-sheet and earnings debate front and center.

Office exposure

BXP remains a class A office landlord with a portfolio centered on major U.S. markets, so the product story still comes down to tenant demand, financing cost and guidance execution. The most recent quarter and the new debt sale both point to that same capital-intensity theme.

Stock level

Boston Properties shares were at $67.86 as of August 21, 2026, with a 52-week low of $49.72 and a high of $79.33. The market cap stood at $10.83 billion on the same snapshot.

Facts at a glance

Company: Boston Properties, Inc.
ISIN: US1011371077
Ticker: BXP
Exchange: NYSE
Market cap: $10.83 billion
Sector / Industry: Real Estate / Office REIT
Index membership: S&P 500
Next earnings date: November 3, 2026