HSBC Has Lowered Expectations for Blackstone (NYSE:BX) Stock Price

Blackstone (NYSE:BX) had its target price decreased by equities researchers at HSBC from $164.00 to $131.00 in a research report issued to clients and investors on Friday,MarketScreener reports. The firm currently has a “hold” rating on the asset manager’s stock. HSBC’s price target indicates a potential upside of 14.05% from the stock’s previous close.

Several other brokerages have also recently issued reports on BX. JPMorgan Chase & Co. decreased their price objective on Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a report on Tuesday, March 3rd. BNP Paribas Exane decreased their price objective on Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Evercore decreased their price objective on Blackstone from $175.00 to $170.00 and set an “outperform” rating for the company in a report on Friday, January 30th. Rothschild & Co Redburn decreased their price objective on Blackstone from $158.00 to $138.00 and set a “neutral” rating for the company in a report on Thursday. Finally, BMO Capital Markets reduced their price target on Blackstone from $165.00 to $126.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. Ten investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $155.33.

Blackstone Stock Down 1.7%

Shares of BX stock opened at $114.86 on Friday. Blackstone has a 1-year low of $101.73 and a 1-year high of $190.09. The stock’s fifty day moving average price is $117.75 and its 200 day moving average price is $141.27. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76. The company has a market cap of $85.25 billion, a price-to-earnings ratio of 29.60, a price-to-earnings-growth ratio of 1.15 and a beta of 1.74.

Blackstone (NYSE:BX) last announced its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The firm had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same period in the previous year, the business earned $1.69 EPS. The firm’s revenue for the quarter was up 41.4% on a year-over-year basis. On average, research analysts expect that Blackstone will post 5.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $10.00, for a total transaction of $15,961,420.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the 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 transaction, the insider directly owned 25,832 shares of the company’s stock, valued at $90,670.32. The trade was a 99.66% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Blackstone

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Blackstone by 1.2% during the fourth quarter. Vanguard Group Inc. now owns 71,667,695 shares of the asset manager’s stock valued at $11,046,859,000 after acquiring an additional 840,258 shares during the last quarter. Morgan Stanley grew its position in shares of Blackstone by 2.0% in the fourth quarter. Morgan Stanley now owns 32,862,165 shares of the asset manager’s stock valued at $5,065,374,000 after purchasing an additional 636,613 shares in the last quarter. State Street Corp grew its position in shares of Blackstone by 0.6% in the fourth quarter. State Street Corp now owns 31,542,009 shares of the asset manager’s stock valued at $4,861,885,000 after purchasing an additional 179,213 shares in the last quarter. Norges Bank purchased a new stake in shares of Blackstone in the fourth quarter valued at approximately $1,275,747,000. Finally, Northern Trust Corp grew its position in shares of Blackstone by 4.7% in the third quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager’s stock valued at $1,251,474,000 after purchasing an additional 329,379 shares in the last quarter. 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: Blackstone is accelerating into AI/data‑center infrastructure, reportedly considering a $2bn IPO vehicle to buy data centers — a strategic push that supports long‑term growth in infrastructure assets. Article Title
• Positive Sentiment: Blackstone acquired a significant minority stake in Rowan Digital Infrastructure (hyperscale, sustainable data centers), providing immediate exposure to hyperscale demand and capacity expansion. Article Title
• Positive Sentiment: Blackstone Credit partnered with Dubai Aerospace Enterprise to launch an aircraft‑leasing programme targeting ~$1.6bn of annual deployment, diversifying fee streams and deploying capital into an income‑oriented asset class. Article Title
• Neutral Sentiment: Analysts’ ratings are mixed but broadly cautious: the street consensus sits at “Hold,” reflecting balanced views on valuation vs. growth prospects. Article Title
• Neutral Sentiment: Some research notes highlight stable fee revenues and record AUM that help buffer volatility, though they flag premium valuation and credit risks. Article Title
• Negative Sentiment: Short interest jumped ~44.9% in March to ~21.5M shares (≈2.9% of float), raising short‑pressure risk and suggesting some investors are betting on near‑term downside — days‑to‑cover ~1.8.
• Negative Sentiment: Private‑credit redemptions shocked the sector in Q1 (FT calculates ~$20bn attempted withdrawals), and Blackstone was named among managers facing outflows — a cyclical risk to credit businesses and fee generation. Article Title
• Negative Sentiment: Multiple brokerages trimmed price targets this week (HSBC to $131/hold; Piper Sandler to $122; Rothschild/TD Cowen lowered PTs), reducing near‑term analyst upside and adding selling pressure. Article Title Article Title Article Title

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.