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

Blackstone (NYSE:BX) had its price objective lowered by research analysts at TD Cowen from $141.00 to $140.00 in a report issued on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the asset manager’s stock. TD Cowen’s price target would suggest a potential upside of 14.97% from the company’s previous close.

Several other equities analysts have also recently weighed in on BX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Blackstone in a research note on Monday, April 20th. Morgan Stanley cut their target price on shares of Blackstone from $215.00 to $184.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. 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, April 7th. 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, Evercore reaffirmed an “outperform” rating and set a $150.00 target price on shares of Blackstone in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.36.

Blackstone Stock Performance

Shares of NYSE BX opened at $121.77 on Friday. The firm has a fifty day moving average price of $116.60 and a 200-day moving average price of $138.16. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market cap of $90.38 billion, a PE ratio of 31.14, a price-to-earnings-growth ratio of 1.27 and a beta of 1.74. Blackstone has a 1 year low of $101.73 and a 1 year high of $190.09.

Blackstone (NYSE:BX) last announced its quarterly earnings data 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. The firm had revenue of $3.62 billion during 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 company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.11 earnings per share. Equities analysts anticipate that Blackstone will post 6.12 earnings per share for the current fiscal year.

Insider Buying and Selling at Blackstone

In other Blackstone news, major shareholder Holdings Iv Gp Mana Blackstone acquired 2,868,069 shares of the stock in a transaction on Friday, March 20th. The stock was acquired at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the transaction, the insider directly owned 18,628,295 shares of the company’s stock, valued at $487,129,914.25. This trade represents a 18.20% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 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 of the company’s stock, valued at $90,670.32. This trade represents a 99.66% decrease in their position. The SEC filing for this sale provides additional information. 1.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Blackstone

Institutional investors have recently made changes to their positions in the company. REAP Financial Group LLC bought a new stake in shares of Blackstone in the 3rd quarter worth about $26,000. Family CFO Inc bought a new stake in shares of Blackstone in the 4th quarter worth about $28,000. Ares Financial Consulting LLC bought a new stake in shares of Blackstone in the 4th quarter worth about $28,000. Richardson Financial Services Inc. bought a new stake in shares of Blackstone in the 4th quarter worth about $29,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Blackstone in the 3rd quarter worth about $30,000. Institutional investors 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”

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.