BXP shares gain more than 3% after stronger Q3 results and upbeat outlook
BXP Inc (BXP) surged 3.05% after reporting a major turnaround in its third-quarter 2026 results, returning to profitability and raising full-year guidance. The advance is supported by a bullish technical structure, with BXP trading above all key moving averages across short-, medium-, and long-term timeframes.
Highlights
- BXP delivered a third quarter net income of $114.48 million on revenue of $911.43 million, returning to profit from a loss last year.
- Full-year EPS guidance was raised to $2.35 to $2.37, supported by asset sale gains and stronger portfolio performance.
- BXP stock trades near $64.54 with a bullish structure, but short-term overbought signals suggest likely range-bound action between $62.19 and $66.06.
Guidance raised as asset sales and portfolio gains boost earnings
BXP reported revenue of $911.43 million and net income of $114.48 million for the third quarter of 2026, marking a significant turnaround from a net loss in the same period last year. The company also posted higher revenue and earnings for the first nine months of 2026 and raised its full-year EPS guidance to $2.35–2.37, reflecting gains on asset sales and improved portfolio performance. In addition, BXP declared a Q3 2026 dividend of R$ 0.2601 per unit, with the payment set for November 6, 2026, and the last trading day with dividend rights on September 28, 2026.
Mixed momentum signals as price nears resistance in bullish setup
BXP is trading above its 20-day, 50-day, and 200-day moving averages ($60.48, $62.98, and $62.01, respectively), indicating a bullish structure across short-, medium-, and long-term horizons. The nearest support lies at the recent week high of $64.47, while the immediate resistance is set at $66.06. The 50-day moving average maintains an upward alignment with the 200-day average, further reinforcing the bullish trend context. Momentum signals are mixed; both the MACD and Average Directional Index (ADX) are neutral, while the Relative Strength Index (RSI) and Commodity Channel Index (CCI) remain neutral as well. The Stochastic RSI is in the overbought zone, which signals a risk of short-term correction. Bull/Bear Power (BBP) is positive, reflecting ongoing buyer dominance intraday, and the Awesome Oscillator issues a supportive buy signal. BXP is currently up $1.91 or 3.05% for the day, with price action positioned near the session high. Volatility is modest at 0.33%, and the early tone signals momentum toward higher levels, although the divergence among oscillators suggests some caution given the short-term overbought signals do not fully align with the broader bullish momentum.
Earlier, analysts noted that BXP was consolidating with a bullish technical structure, though decisive momentum was lacking. The latest quarterly profitability and raised guidance add a fundamental catalyst to this backdrop, making sustained trading above $66.06 a key signal for potential upside momentum in the sessions ahead.