BXPBXP, Inc.Real Estate · REIT - Officeas of 2026-09-16
Horizon

Issued 2026-09-16 at $64.04 · now $64.04 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, BXP has typically landed between $55.67 and $73.03 — a range of −13.1% to +14.0% from the issuance price $64.04.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

4,685 overlapping 1 month windows · 2008-01-02 – 2026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.7–56.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($64.04) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where BXP has typically landed a month from the 2026-09-16 close of $64.04 — the range is history, not a prediction.

$55.67worst · -13.1%$73.03best · +14.0%
  • now $64.04 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $63.5 (-0.8%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $59.82–$67.17
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $55.67–$73.03
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 4,685 windows spanning 2008-01-02 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2020-02-21−46.5%−46.5%+0.0%
2020-02-20−44.2%−44.2%+0.0%
2020-02-19−41.0%−41.0%+1.4%
3 best
2009-03-30+51.9%+0.0%+56.1%
2020-10-28+44.0%+0.0%+46.8%
2009-07-09+42.4%−0.2%+42.4%

4,685 overlapping windows · 2008-01-02 – 2026-09-16 · not cherry-picked

Fundamentals iCompany financials — revenue, earnings, margins — from the newest filings shown, each carried with its date.iAs-reported figures and standard ratios from FMP, as of 2026-07-25. Revenue, net income and free cash flow can toggle annual or quarterly; margin, ROE and debt-to-equity are shown by fiscal year. We report the figures and the trend — no target price and no over/under-valued call. More on /methodology.

$11.0B
market cap
$1.99
EPS (TTM)
34.7
P/E (TTM)
2026-07-28
next earnings
Revenue$3.5B
'20'25
Net income$277M
'20'25
Free cash flow$690M
'20'25
Net margin · by yr7.9%
'20'25
ROE · by yr5.4%
'20'25
Debt / equity · by yr3.37
'20'25

Fair value — three views iIndependent reference estimates of worth (a cash-flow model, peer multiples, analyst targets), shown as separate views — not a single verdict.

iThree independent estimates of per-share value, each by a different method and each with its own assumptions: a discounted-cash-flow intrinsic value, a peer comparable (the median trailing P/E of 29 sector peers times this company's trailing EPS), and the analyst price-target consensus. They routinely disagree — that gap is the point. We show the three marks and the current price; we do not blend them into a single number or call the stock over- or under-valued. Marks as of the latest capture. More on /methodology.
now $64.04$55.13$140.30
  • DCF (intrinsic)$134.42
  • Peer P/E × EPS · sector median 32.9× · n=29$65.42
  • Analyst target · range $61.00–$86.00$68.00
  • Current price · last close 2026-09-16$64.04

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~19 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
44%
+0.5%
n=18
Feb
37%
−1.8%
n=19
Mar
58%
−0.4%
n=19
Apr
63%
+4.0%
n=19
May
32%
−1.8%
n=19
Jun
47%
+0.8%
n=19
Jul
84%
+4.6%
n=19
Aug
42%
+0.1%
n=19
Sep
42%
−1.4%
n=19
Oct
39%
−2.2%
n=18
Nov
56%
+1.6%
n=18
Dec
72%
+1.8%
n=18

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$76$502026-06-09: 2 insider sales, $1.7M — LABELLE MICHAEL E …2026-05-22: 1 insider sale, $120K — Kevorkian Eric G2026-05-21: 1 insider sale, $12K — Kevorkian Eric G2026-05-20: 1 insider sale, $287K — Otteni Peter V2026-02-27: 1 insider sale, $328K — Spann Hilary J.2026-02-13: 1 insider sale, $73K — THOMAS OWEN D2026-02-05: 1 insider sale, $76K — Spann Hilary J.2025-12-01: 1 insider sale, $2.6M — RITCHEY RAYMOND A2025-11-25: 1 insider sale, $300K — Otteni Peter V2025-11-12: 1 insider sale, $1.2M — Stroman John J2025-11-07: 1 insider sale, $971K — LABELLE MICHAEL E2025-11: 3 open-market sales, $2.5M2025-12: 1 open-market sale, $2.6M2026-02: 3 open-market sales, $477K2026-05: 3 open-market sales, $419K2026-06: 2 open-market sales, $1.7M↑ buys↓ salesofficer LABELLE MICHAEL E — Sale on 2026-06-09, filed 1 day after the tradeofficer LABELLE MICHAEL E — Sale on 2026-06-09, filed 1 day after the tradeofficer Kevorkian Eric G — Sale on 2026-05-22, filed 4 days after the tradeofficer Kevorkian Eric G — Sale on 2026-05-21, filed 5 days after the tradeofficer Otteni Peter V — Sale on 2026-05-20, filed same dayofficer Spann Hilary J. — Sale on 2026-02-27, filed 3 days after the tradedirector THOMAS OWEN D — Sale on 2026-02-13, filed same dayofficer Spann Hilary J. — Sale on 2026-02-05, filed 1 day after the tradeofficer RITCHEY RAYMOND A — Sale on 2025-12-01, filed 1 day after the tradeofficer Otteni Peter V — Sale on 2025-11-25, filed same dayofficer Stroman John J — Sale on 2025-11-12, filed same dayofficer LABELLE MICHAEL E — Sale on 2025-11-07, filed 3 days after the trade
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-06-09LABELLE MICHAEL EofficerSale18,080 @ $66.05$1.2M−56.6% of holding−1.3%not yet — horizon still open13,872Form 4 · filed 1 day after the trade
2026-06-09LABELLE MICHAEL EofficerSale8,033 @ $67.02$538K−57.9% of holding−1.3%not yet — horizon still open5,839Form 4 · filed 1 day after the trade
2026-05-22Kevorkian Eric GofficerSale2,000 @ $59.85$120K−86.5% of holding+7.8%not yet — horizon still open311Form 4 · filed 4 days after the trade
2026-05-21Kevorkian Eric GofficerSale200 @ $60.23$12K−8.0% of holding+8.0%not yet — horizon still open2,311Form 4 · filed 5 days after the trade
2026-05-20Otteni Peter VofficerSale4,863 @ $59.06$287K−100.0% of holding+7.7%not yet — horizon still open0Form 4 · filed same day
2026-02-27Spann Hilary J.officerSale5,495 @ $59.69$328K−23.6% of holding−2.4%+10.6%17,832Form 4 · filed 3 days after the trade
2026-02-13THOMAS OWEN DdirectorSale1,198 @ $61.22$73K−100.0% of holding−11.4%−2.8%0Form 4 · filed same day
2026-02-05Spann Hilary J.officerSale1,194 @ $63.31$76K−6.3% of holding−17.0%−1.7%17,832Form 4 · filed 1 day after the trade
2025-12-01RITCHEY RAYMOND AofficerSale36,314 @ $72.18$2.6M−100.0% of holding−5.8%−24.9%0Form 4 · filed 1 day after the trade
2025-11-25Otteni Peter VofficerSale4,136 @ $72.65$300K−100.0% of holding−6.8%−27.9%0Form 4 · filed same day
2025-11-12Stroman John JofficerSale16,838 @ $72.17$1.2M−100.0% of holding−0.1%−25.2%0Form 4 · filed same day
2025-11-07LABELLE MICHAEL EofficerSale13,422 @ $72.34$971K−59.3% of holding−6.5%−27.1%9,223Form 4 · filed 3 days after the trade
2025-03-05Garesche Donna DofficerSale2,143 @ $67.87$145K−100.0% of holding+1.5%+2.5%0Form 4 · filed 2 days after the trade
2025-02-04Spann Hilary J.officerSale12,379 @ $72.02$892K−63.0% of holding−2.9%−11.7%7,271Form 4 · filed 1 day after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

176 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-06-30DUNCAN BRUCE WdirectorAward / grant51513,948Form 4
2026-06-30KLEIN JOELdirectorAward / grant49624,293Form 4
2026-06-30LUSTIG MATTHEW JdirectorAward / grant44021,516Form 4
2026-06-30KIPP MARY EdirectorAward / grant4028,448Form 4
2026-06-30Richardson JuliedirectorAward / grant3641,748Form 4
2026-06-30West TonydirectorAward / grant3524,799Form 4
2026-06-30WALTON WILLIAM H IIIdirectorAward / grant34610,150Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,981300,395Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,98131,952Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,98131,952Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,98123,981Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,9810Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,98123,981Form 4
2026-06-04LABELLE MICHAEL EofficerConversion23,9810Form 4
2026-05-29WALTON WILLIAM H IIIdirectorAward / grant3,33217,629Form 4
2026-05-29DUNCAN BRUCE WdirectorAward / grant3,33220,739Form 4
2026-05-29KLEIN JOELdirectorAward / grant3,33222,839Form 4
2026-05-29LUSTIG MATTHEW JdirectorAward / grant3,33225,697Form 4
2026-05-29Richardson JuliedirectorAward / grant3,3325,766Form 4
2026-05-29KIPP MARY EdirectorAward / grant3,33213,495Form 4
2026-05-29West TonydirectorAward / grant1,6664,300Form 4
2026-05-29Hoskins Diane JdirectorAward / grant3,33218,929Form 4
2026-05-29NAUGHTON TIMOTHY JdirectorAward / grant3,3328,601Form 4
2026-05-29West TonydirectorAward / grant1,6667,691Form 4
2026-05-21Kevorkian Eric GofficerConversion2,0001,757Form 4
2026-05-21Kevorkian Eric GofficerConversion2,0002,511Form 4
2026-05-21Kevorkian Eric GofficerConversion2,0002,511Form 4
2026-05-21Kevorkian Eric GofficerConversion2,0001,757Form 4
2026-05-15Otteni Peter VofficerConversion4,86394,515Form 4
2026-05-15Otteni Peter VofficerConversion4,8630Form 4
2026-05-15Otteni Peter VofficerConversion4,8634,863Form 4
2026-05-15Otteni Peter VofficerConversion4,8634,863Form 4
2026-05-15Otteni Peter VofficerConversion4,8634,863Form 4
2026-05-15Otteni Peter VofficerConversion4,8630Form 4
2026-05-15Otteni Peter VofficerConversion4,8634,863Form 4
2026-03-31DUNCAN BRUCE WdirectorAward / grant67413,274Form 4
2026-03-31KLEIN JOELdirectorAward / grant65023,515Form 4
2026-03-31LUSTIG MATTHEW JdirectorAward / grant57820,826Form 4
2026-03-31KIPP MARY EdirectorAward / grant5307,951Form 4
2026-03-31Richardson JuliedirectorAward / grant4821,367Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures iStock trades disclosed by members of Congress for this company, by the date they were filed.iDisclosures shown as facts. A purchase “cluster” (≥2 members of Congress filing a buy within 90 days) has historically preceded modestly higher forward returns — and it persisted out-of-sample, though it roughly halved after 2021 (see below). A descriptive historical tendency, not a signal to trade and not used in our forecast. See /methodology.

As of 2026-09-16 · point-in-time by filed date

Purchase clusters · 2015–2021 (dev)+45 bp/mo vs baseline · up-rate 59.3% vs 57.3% · n=31,607 cluster ticker-weeks
Purchase clusters · 2022–2026 (out-of-sample)+32 bp/mo vs baseline · up-rate 54.0% vs 53.3% · n=27,793

A cluster = ≥2 members of Congress filing a purchase within 90 days. The historical tilt persisted after 2021 but roughly halved (+45 → +32 bp/mo forward 1-month vs the S&P 500 weekly-grid baseline). Descriptive historical tendency — not a signal to trade, and not used in our forecast (audition-log 2026-07-27, recomputed 2026-09-08).

'24 Q'25 Q'26 Q'26 Qpurchases ▲ / sales ▼ ($ vol)
MemberChamberTypeFiledTradedSize
Alan ArmstrongSenatepurchase2026-07-212026-03-27$1–15K
Julia LetlowHousesale2026-03-122026-02-20$1–15K
Julia LetlowHousepurchase2026-01-132024-10-23$1–15K
Gilbert CisnerosHousesale2026-01-122025-12-19$1–15K
Gilbert CisnerosHousepurchase2025-12-152025-11-18$1–15K
Ro KhannaHousesale2024-06-052024-05-28$15–50K
Ro KhannaHousesale2024-06-052024-05-29$1–15K
Daniel GoldmanHousesale2023-08-132023-07-12$50–100K
Ro KhannaHousepurchase2023-06-122023-05-19$15–50K
Ro KhannaHousepurchase2023-06-122023-05-23$15–50K
Ro KhannaHousepurchase2023-05-082023-04-25$1–15K
Daniel GoldmanHousepurchase2023-04-172023-03-06$15–50K
Ro KhannaHousesale2023-04-072023-03-14$1–15K
Ro KhannaHousepurchase2023-03-032023-02-10$1–15K

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.