Blackstone (NYSE:BX – Get Free Report) had its price target decreased by analysts at Citizens Jmp from $195.00 to $190.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “market outperform” rating on the asset manager’s stock. Citizens Jmp’s price objective would suggest a potential upside of 55.31% from the company’s previous close.
A number of other equities analysts have also recently weighed in on the company. BMO Capital Markets upped their price target on Blackstone from $126.00 to $132.00 and gave the stock an “outperform” rating in a report on Monday, April 13th. BNP Paribas Exane decreased their price target on Blackstone from $167.00 to $156.00 and set a “neutral” rating for the company in a report on Monday, January 12th. Evercore restated an “outperform” rating and issued a $150.00 price target on shares of Blackstone in a report on Tuesday. Piper Sandler decreased their price target on Blackstone from $158.00 to $122.00 and set a “neutral” rating for the company in a report on Tuesday, April 7th. Finally, UBS Group decreased their price target on Blackstone from $171.00 to $137.00 and set a “neutral” rating for the company in a report on Friday, February 20th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.77.
Blackstone Stock Down 5.7%
Blackstone (NYSE:BX – Get Free Report) last issued its earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business had revenue of $3.62 billion during the quarter, compared to analysts’ expectations of $3.45 billion. During the same quarter in the previous year, the business earned $1.11 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Equities analysts forecast that Blackstone will post 6.12 earnings per share for the current year.
Insider Activity at Blackstone
In related news, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the company’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the sale, the insider directly owned 25,832 shares of the company’s stock, valued at approximately $90,670.32. This represents a 99.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were purchased at an average cost of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the transaction, the insider owned 18,628,295 shares in the company, valued at approximately $487,129,914.25. This represents a 18.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 1.00% of the company’s stock.
Institutional Investors Weigh In On Blackstone
Several large investors have recently added to or reduced their stakes in BX. Redwood Financial Network Corp boosted its stake in Blackstone by 1.8% in the 2nd quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock valued at $537,000 after buying an additional 65 shares in the last quarter. Obermeyer Wealth Partners boosted its stake in Blackstone by 2.3% in the 3rd quarter. Obermeyer Wealth Partners now owns 2,993 shares of the asset manager’s stock valued at $511,000 after buying an additional 66 shares in the last quarter. Klingman & Associates LLC boosted its stake in Blackstone by 0.4% in the 3rd quarter. Klingman & Associates LLC now owns 15,116 shares of the asset manager’s stock valued at $2,583,000 after buying an additional 67 shares in the last quarter. Lazari Capital Management Inc. boosted its stake in Blackstone by 4.5% in the third quarter. Lazari Capital Management Inc. now owns 1,578 shares of the asset manager’s stock worth $270,000 after purchasing an additional 68 shares in the last quarter. Finally, Benchmark Financial Wealth Advisors LLC boosted its stake in Blackstone by 0.9% in the fourth quarter. Benchmark Financial Wealth Advisors LLC now owns 7,748 shares of the asset manager’s stock worth $1,194,000 after purchasing an additional 69 shares in the last quarter. 70.00% of the stock is owned by institutional investors and hedge funds.
Key Blackstone News
Here are the key news stories impacting Blackstone this week:
- Positive Sentiment: Record AUM, fee‑earning AUM growth and revenue outperformance — Blackstone reported fee‑earning AUM near $938B and total AUM around $1.3T, and revenue topped estimates, supporting the firm’s growth story and fee revenue durability. BX’s Q1 Earnings Top as AUM Hits Record High Despite Tough Environment
- Positive Sentiment: Distributable earnings and segment strengths — Management highlighted gains in Infrastructure and Tactical Opportunities and reported higher distributable earnings, indicating operating momentum across key strategies. Blackstone Q1 earnings beat, bolstered by Infrastructure, Tactical Opportunities returns
- Positive Sentiment: Portfolio project progress — A Blackstone‑backed energy project (Kindle Energy/Wolf Summit) broke ground, demonstrating portfolio deployment and Energy Transition activity that can realize long‑term value. Kindle Energy Breaks Ground on Blackstone-Backed $1.2 Billion Natural Gas Power Generation Facility in West Virginia
- Neutral Sentiment: Quarterly call and transcript provide details for investors — The earnings call transcript contains management commentary on fundraising, realizations and outlook that will guide near‑term sentiment but did not materially change fundamental guidance. Blackstone Inc. (BX) Q1 2026 Earnings Call Transcript
- Neutral Sentiment: Blackstone‑exposed ETFs and market positioning — Some ETFs that track Blackstone exposure showed strong YTD performance after Q1, which can amplify flows into/away from BX indirectly. Blackstone-exposed ETFs ranked by YTD performance after strong Q1 results
- Negative Sentiment: Slight EPS miss and weaker GAAP profit — BX reported EPS of $1.36 (vs. consensus ~$1.38) and GAAP profit metrics that underwhelmed some investors as GAAP expenses rose, creating headline risk despite revenue beats. Blackstone Inc. (BX) Q1 Earnings and Revenues Beat Estimates
- Negative Sentiment: Private‑credit markdowns and portfolio write‑downs — Reports that a Blackstone private‑credit fund reduced the valuation of ACI Group holdings highlight ongoing mark‑to‑market risk in credit portfolios and raise concerns about downside in that strategy. Blackstone’s private credit fund slashes value of ACI Group Holdings
- Negative Sentiment: Analyst reactions and price‑target cuts — Several broker notes and at least one price‑target reduction appeared after results, and some firms issued more cautious outlooks, which can pressure sentiment and amplify selling. Morgan Stanley Lowers Blackstone (NYSE:BX) Price Target to $184.00
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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