Blackstone (NYSE:BX – Get Free Report) had its target price reduced by The Goldman Sachs Group from $166.00 to $158.00 in a research note issued on Friday,MarketScreener reports. The firm presently has a “neutral” rating on the asset manager’s stock. The Goldman Sachs Group’s target price would suggest a potential upside of 12.50% from the stock’s current price.
A number of other brokerages also recently issued reports on BX. Piper Sandler cut their target price on Blackstone from $173.00 to $168.00 and set a “neutral” rating for the company in a research note on Friday, October 24th. TD Cowen cut their price objective on Blackstone from $205.00 to $183.00 and set a “buy” rating on the stock in a report on Wednesday, January 14th. BNP Paribas Exane lowered their target price on Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. HSBC lowered their price target on Blackstone from $178.00 to $174.00 and set a “hold” rating for the company in a report on Wednesday. Finally, BMO Capital Markets reduced their target price on shares of Blackstone from $190.00 to $180.00 and set an “outperform” rating for the company in a report on Monday, October 27th. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $177.38.
Check Out Our Latest Research Report on BX
Blackstone Trading Down 1.7%
Blackstone (NYSE:BX – Get Free Report) last posted its quarterly earnings data on Thursday, January 29th. The asset manager reported $1.75 EPS for the quarter, topping the consensus estimate of $1.54 by $0.21. The firm had revenue of $4.36 billion during the quarter, compared to analyst estimates of $3.69 billion. Blackstone had a net margin of 20.56% and a return on equity of 22.30%. Blackstone’s revenue was up 41.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.69 EPS. Equities research analysts predict that Blackstone will post 5.87 EPS for the current year.
Insider Buying and Selling at Blackstone
In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. Following the transaction, the insider owned 2,161 shares in the company, valued at $21,610. The trade was a 99.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Holdings Iv Gp Mana Blackstone bought 384,468 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was purchased at an average price of $26.01 per share, for a total transaction of $10,000,012.68. Following the completion of the purchase, the insider directly owned 16,525,117 shares in the company, valued at $429,818,293.17. The trade was a 2.38% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 783,978 shares of company stock valued at $22,058,454 over the last 90 days. Insiders own 1.00% of the company’s stock.
Hedge Funds Weigh In On Blackstone
A number of institutional investors and hedge funds have recently bought and sold shares of BX. REAP Financial Group LLC bought a new stake in shares of Blackstone during the third quarter worth approximately $26,000. Redmont Wealth Advisors LLC acquired a new position in Blackstone during the third quarter worth $30,000. Strive Asset Management LLC bought a new position in shares of Blackstone in the third quarter valued at about $30,000. Traub Capital Management LLC bought a new stake in shares of Blackstone in the second quarter valued at about $27,000. Finally, Family CFO Inc acquired a new stake in Blackstone during the second quarter worth approximately $28,000. Institutional investors and hedge funds own 70.00% of the company’s stock.
Blackstone News Summary
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Q4 results beat expectations — EPS $1.75 vs. $1.54 expected and revenue $4.36B vs. $3.69B; management reported record distributable earnings, AUM of ~$1.27T and heavy inflows, which support fee growth and performance earnings. Blackstone beats estimates on strong dealmaking activity
- Positive Sentiment: Dividend raised — BX declared a quarterly dividend of $1.49 (15.5% increase vs. prior $1.29), implying a ~4.2% yield and supporting income‑oriented demand for the stock (record/ex‑dividend dates noted by the company).
- Positive Sentiment: Business mix showing momentum — management highlighted rebound in private equity and real estate plus growth in data‑center and infrastructure investments, which drove higher fees and helped beat profit forecasts. Blackstone’s Private Equity and Real Estate Are Bouncing Back
- Neutral Sentiment: Macro/strategy commentary — Blackstone executives called AI development a key U.S. growth driver; positive long‑term for infrastructure and data center demand but not an immediate earnings catalyst. AI development is biggest economic growth driver, Blackstone says
- Neutral Sentiment: Investor access/visibility — CFO Michael Chae will present at the BofA Financial Services Conference on Feb. 10 (webcast available), which may provide additional detail but is routine. Blackstone to Present at the Bank of America Securities Financial Services Conference 2026
- Negative Sentiment: Analyst price‑target tweak — HSBC trimmed its BX price target slightly (from $178 to $174) and kept a “hold” rating; this is a modest headwind for sentiment but the target still implies upside vs. current levels. HSBC adjusts price target on Blackstone
Blackstone Company Profile
Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.
Blackstone’s business is organized around several principal investment platforms.
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