JPMorgan Chase & Co. Issues Pessimistic Forecast for Blackstone (NYSE:BX) Stock Price

Blackstone (NYSE:BX) had its price target dropped by equities researchers at JPMorgan Chase & Co. from $142.00 to $136.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the asset manager’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of 11.68% from the stock’s previous close.

A number of other analysts have also recently commented on BX. Jefferies Financial Group cut their price target on shares of Blackstone from $161.00 to $143.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. HSBC cut their price target on shares of Blackstone from $164.00 to $131.00 and set a “hold” rating on the stock in a research report on Friday, April 10th. Argus cut their price target on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Blackstone in a report on Monday, April 20th. Finally, Evercore reiterated an “outperform” rating and set a $150.00 price objective on shares of Blackstone in a report on Tuesday. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, Blackstone currently has an average rating of “Moderate Buy” and a consensus price target of $151.36.

Blackstone Stock Performance

Shares of BX opened at $121.77 on Friday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $90.38 billion, a P/E ratio of 31.14, a price-to-earnings-growth ratio of 1.27 and a beta of 1.74. The firm’s fifty day simple moving average is $116.60 and its two-hundred day simple moving average is $138.16. Blackstone has a 12 month low of $101.73 and a 12 month high of $190.09.

Blackstone (NYSE:BX) last issued its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 EPS for the quarter, beating analysts’ consensus estimates of $1.34 by $0.02. The business had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.45 billion. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.11 earnings per share. As a group, analysts predict that Blackstone will post 6.12 EPS for the current year.

Insider Buying and Selling

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the acquisition, the insider directly owned 18,628,295 shares of the company’s stock, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider owned 25,832 shares in the company, valued at $90,670.32. This represents a 99.66% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Blackstone

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Jain Global LLC purchased a new stake in Blackstone in the 3rd quarter valued at about $9,116,000. Fayez Sarofim & Co increased its stake in Blackstone by 1.9% in the 3rd quarter. Fayez Sarofim & Co now owns 1,270,608 shares of the asset manager’s stock valued at $217,083,000 after buying an additional 24,237 shares during the last quarter. Natixis Advisors LLC grew its position in shares of 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 acquiring an additional 142,479 shares during the period. Close Asset Management Ltd grew its position in shares of 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 acquiring an additional 1,133,197 shares during the period. Finally, Whittier Trust Co. grew its position in shares of 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 acquiring an additional 7,053 shares during the period. Institutional investors and hedge funds own 70.00% of the company’s stock.

Key Blackstone News

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q1 beat and record AUM — Blackstone reported Q1 results above estimates, fee‑earning AUM hit a record and management flagged strong AI infrastructure and fee‑related earnings growth, a clear fundamental positive for growth and fee visibility. Blackstone Inc (BX) Q1 2026 Earnings Call Highlights
• Positive Sentiment: Dividend boost — Blackstone declared a $1.16 quarterly dividend (annualized yield ~3.8%), supporting income investors and providing a valuation floor.
• Positive Sentiment: Oppenheimer raised its price target to $156 (outperform), signaling some buy‑side conviction that valuation upside remains despite recent volatility. Oppenheimer raises Blackstone PT to $156
• Positive Sentiment: AI infrastructure exposure — Blackstone‑backed AirTrunk exploring bonds to fund data center expansion highlights the firm’s exposure to growing AI infrastructure demand, a growth theme investors like. Blackstone-Backed AirTrunk Explores A$500M Bond
• Neutral Sentiment: Mixed analyst moves — Several firms trimmed price targets but left ratings intact (Deutsche Bank to $146, TD Cowen to $140, Rothschild & Co Redburn to $134), reflecting modestly reduced upside assumptions but not broad sell calls. Deutsche Bank adjusts Blackstone PT to $146 Rothschild & Co Redburn adjusts PT to $134 TD Cowen adjusts PT to $140
• Neutral Sentiment: Other analyst note — Morgan Stanley issued a different PT action (recent coverage note), adding to mixed signals from brokers. Morgan Stanley Lowers Blackstone PT to $184
• Negative Sentiment: Private‑credit stress — WSJ reports two large loan defaults (Medallia, Affordable Care) that hit private‑credit lenders including Blackstone, raising short‑term loss and mark risks in Blackstone’s private‑credit portfolios. Two Big Loan Defaults Add to Pain in Private‑Credit Funds
• Negative Sentiment: Negative market narrative / short interest — Jim Cramer noted heavy short‑seller interest in BX, which can amplify downside on mixed headlines even if fundamentals remain intact. Jim Cramer on Blackstone: “Too Many Short Sellers, But Not a Lot of Failures”

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.