BMO Capital analyst John Kim has maintained their bullish stance on BXP stock, giving a Buy rating on October 17.
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John Kim has given his Buy rating due to a combination of factors that highlight BXP’s positive performance and potential for growth. The company reported a better-than-expected Funds from Operations per share (FFOps) for the third quarter of 2025, surpassing both the consensus estimate and its own guidance midpoint. Additionally, BXP raised its 2025 FFOps guidance, indicating strong future performance expectations.
Moreover, BXP demonstrated robust leasing activity, achieving its strongest quarter since 2019, with a significant year-over-year increase in leased square footage and a long weighted average lease term. The slight improvement in same-store net operating income and occupancy rates further supports the positive outlook. Despite some challenges, such as negative cash leasing spreads and a slight decline in occupancy for in-service properties, the overall progress and strategic initiatives undertaken by BXP contribute to the Buy rating.
In another report released on October 17, J.P. Morgan also upgraded the stock to a Buy with a $83.00 price target.