Jefferies Financial Group Issues Pessimistic Forecast for Blackstone (NYSE:BX) Stock Price

Blackstone (NYSE:BX) had its price objective reduced by Jefferies Financial Group from $161.00 to $143.00 in a note issued to investors on Wednesday,MarketScreener reports. The firm currently has a “buy” rating on the asset manager’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 22.18% from the company’s current price.

A number of other research firms also recently weighed in on BX. The Goldman Sachs Group decreased their target price on shares of Blackstone from $158.00 to $118.00 and set a “neutral” rating for the company in a research report on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a research report on Wednesday, January 21st. BMO Capital Markets cut their target price on shares of Blackstone from $165.00 to $126.00 and set an “outperform” rating for the company in a research note on Tuesday, March 24th. BNP Paribas Exane cut their target price on shares of Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Finally, 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 note on Tuesday. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $157.38.

Blackstone Stock Down 0.5%

Blackstone stock opened at $117.04 on Wednesday. The company has a market cap of $86.86 billion, a P/E ratio of 30.16, a price-to-earnings-growth ratio of 1.18 and a beta of 1.74. Blackstone has a 1-year low of $101.73 and a 1-year high of $190.09. The company has a fifty day simple moving average of $118.30 and a 200 day simple moving average of $142.06. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.61.

Blackstone (NYSE:BX) last released its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.21. The business had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $3.69 billion. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The firm’s revenue for the quarter was up 41.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.69 earnings per share. Research analysts anticipate that Blackstone will post 5.87 earnings per share for the current fiscal year.

Insider Transactions at Blackstone

In other news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the sale, the insider owned 25,832 shares in the company, valued at approximately $90,670.32. This trade represents a 99.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of Blackstone stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The SEC filing for this sale provides additional information. 1.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Blackstone

Several hedge funds and other institutional investors have recently bought and sold shares of BX. Brighton Jones LLC raised its stake in Blackstone by 34.6% in the 4th quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock worth $1,365,000 after purchasing an additional 2,035 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Blackstone by 9.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock worth $310,000 after purchasing an additional 177 shares in the last quarter. United Bank raised its stake in Blackstone by 14.7% in the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock worth $2,024,000 after purchasing an additional 1,729 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in Blackstone by 5.3% in the 2nd quarter. Daiwa Securities Group Inc. now owns 114,985 shares of the asset manager’s stock worth $17,199,000 after purchasing an additional 5,761 shares in the last quarter. Finally, Lombard Odier Asset Management Switzerland SA increased its holdings in Blackstone by 7.4% in the 2nd quarter. Lombard Odier Asset Management Switzerland SA now owns 20,696 shares of the asset manager’s stock valued at $3,096,000 after buying an additional 1,431 shares during the period. Institutional investors and hedge funds own 70.00% of the company’s stock.

More Blackstone News

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

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.