Barclays Issues Pessimistic Forecast for Blackstone (NYSE:BX) Stock Price

Blackstone (NYSE:BX) had its price target lowered by Barclays from $126.00 to $124.00 in a research report issued on Wednesday, Marketbeat Ratings reports. The firm presently has an “equal weight” rating on the asset manager’s stock. Barclays‘s price target would indicate a potential upside of 5.95% from the stock’s current price.

BX has been the subject of a number of other research reports. Rothschild & Co Redburn cut their target price on shares of Blackstone from $165.00 to $158.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Piper Sandler cut their target price on shares of Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a research report on Tuesday. JPMorgan Chase & Co. cut their target price on shares of Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a research report on Tuesday, March 3rd. Evercore cut their price objective on shares of Blackstone from $175.00 to $170.00 and set an “outperform” rating for the company in a research report on Friday, January 30th. Finally, BMO Capital Markets cut their price objective on shares of Blackstone from $165.00 to $126.00 and set an “outperform” rating for the company in a research report on Tuesday, March 24th. Ten analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $157.38.

Blackstone Stock Performance

NYSE BX opened at $117.04 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $86.86 billion, a PE ratio of 30.16, a price-to-earnings-growth ratio of 1.18 and a beta of 1.74. Blackstone has a 52-week low of $101.73 and a 52-week high of $190.09. The company has a 50-day simple moving average of $118.30 and a 200 day simple moving average of $142.06.

Blackstone (NYSE:BX) last issued its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping analysts’ consensus estimates 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 20.89% and a return on equity of 22.17%. The company’s quarterly revenue was up 41.4% on a year-over-year basis. During the same quarter last year, the business earned $1.69 earnings per share. On average, research analysts predict that Blackstone will post 5.87 EPS for the current year.

Insider Transactions at Blackstone

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the business’s stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total value of $26,246,039.04. Following the completion of the sale, the insider directly owned 25,832 shares in the company, valued at approximately $90,670.32. The trade was a 99.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the stock in a transaction dated Friday, March 20th. The stock was acquired at an average price of $26.15 per share, with a total value of $75,000,004.35. Following the completion of the acquisition, the insider owned 18,628,295 shares in the company, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Blackstone

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jain Global LLC purchased a new position in Blackstone during the 3rd quarter valued at $9,116,000. Fayez Sarofim & Co increased its position in Blackstone by 1.9% during the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after purchasing an additional 24,237 shares during the period. Natixis Advisors LLC increased its position in Blackstone by 20.4% during the 3rd quarter. Natixis Advisors LLC now owns 840,401 shares of the asset manager’s stock valued at $143,582,000 after purchasing an additional 142,479 shares during the period. Close Asset Management Ltd increased its position in Blackstone by 16,035.1% during the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager’s stock valued at $194,746,000 after purchasing an additional 1,133,197 shares during the period. Finally, Whittier Trust Co. increased its position in Blackstone by 2.1% during the 3rd quarter. Whittier Trust Co. now owns 346,318 shares of the asset manager’s stock valued at $58,337,000 after purchasing an additional 7,053 shares during the period. 70.00% of the stock is currently owned by institutional investors.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone funds bought a significant minority stake in Rowan Digital Infrastructure, backing a fast‑growing U.S. hyperscale data‑center developer — supports long‑term growth in infrastructure AUM and fee income. Rowan Digital Infrastructure Announces Strategic Recapitalization
• Positive Sentiment: Blackstone Credit and Dubai Aerospace Enterprise launched a $1.6B‑a‑year aircraft‑leasing investment programme, expanding recurring leasing platforms and deployment opportunities for credit/insurance strategies. Dubai’s DAE and Blackstone launch $1.6 billion annual aircraft leasing programme
• Positive Sentiment: Blackstone sold a $723M stake in Legence amid strong demand — a realization that boosts liquidity and demonstrates exit execution for private holdings. Legence draws strong demand as Blackstone sells $723M stake
• Neutral Sentiment: Coverage highlights stable fee‑based revenue and record AUM as cushions through market volatility, but notes valuation and credit risks — supports fundamentals but leaves stock upside conditional. BX Navigates Market Volatility on Stable Fee Revenues: Is It a Buy?
• Neutral Sentiment: Barron’s reports new private credit fund launches even as redemptions rise — signals ongoing product demand but elevated redemption dynamics in private credit. New Private Credit Funds Are Being Launched Even as Redemptions Rise
• Negative Sentiment: TD Cowen cut its price target to $141 but kept a buy rating — a trim in expectations that can weigh on upside sentiment. TD Cowen Adjusts Price Target on Blackstone to $141 from $164, Keeps Buy Rating
• Negative Sentiment: Rothschild & Co Redburn lowered its PT to $138 and moved to neutral — another analyst trimming upside. Rothschild & Co Redburn Adjusts PT on Blackstone to $138
• Negative Sentiment: Jefferies, Barclays, Piper Sandler and Goldman all trimmed price targets or kept hold/equal‑weight stances (Jefferies to $143, Barclays to $124, Piper to $122, Goldman to $118), increasing near‑term selling pressure from cautious analysts. Jefferies Adjusts PT Barclays Adjusts PT Piper Sandler Lowers PT Goldman Lowers PT

About Blackstone

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.