The Goldman Sachs Group Lowers Blackstone (NYSE:BX) Price Target to $116.00

Blackstone (NYSE:BX) had its price target reduced by research analysts at The Goldman Sachs Group from $118.00 to $116.00 in a note issued to investors on Friday,MarketScreener reports. The firm currently has a “neutral” rating on the asset manager’s stock. The Goldman Sachs Group’s price target would suggest a potential downside of 4.74% from the stock’s previous close.

Several other research analysts have also commented on BX. Argus decreased their price target on shares of Blackstone from $195.00 to $163.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Citigroup reissued a “market outperform” rating on shares of Blackstone in a report on Friday, January 30th. Rothschild & Co Redburn lowered their target price on Blackstone from $138.00 to $134.00 and set a “neutral” rating for the company in a report on Friday. Oppenheimer raised their price target on Blackstone from $154.00 to $156.00 and gave the stock an “outperform” rating in a report on Friday. Finally, TD Cowen dropped their target price on Blackstone from $141.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday. Eleven investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.36.

Blackstone Price Performance

Shares of NYSE 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 company has a market capitalization of $90.38 billion, a price-to-earnings ratio of 31.14, a price-to-earnings-growth ratio of 1.27 and a beta of 1.74. Blackstone has a twelve month low of $101.73 and a twelve month high of $190.09. The business has a 50 day simple moving average of $116.60 and a 200-day simple moving average of $138.16.

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 the consensus estimate of $1.34 by $0.02. Blackstone had a return on equity of 22.86% and a net margin of 20.67%.The firm had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.45 billion. During the same period last year, the business posted $1.11 earnings per share. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. As a group, equities research analysts expect that Blackstone will post 6.12 earnings per share for the current year.

Insider Buying and Selling 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 dated 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 completion of the sale, the insider owned 25,832 shares of the company’s stock, valued at $90,670.32. This represents a 99.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were 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 owned by company insiders.

Institutional Investors Weigh In On Blackstone

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Keybank National Association OH boosted its stake in Blackstone by 35.2% during the 1st quarter. Keybank National Association OH now owns 25,928 shares of the asset manager’s stock valued at $2,981,000 after purchasing an additional 6,747 shares in the last quarter. Randolph Co Inc lifted its holdings in shares of Blackstone by 0.9% in the first quarter. Randolph Co Inc now owns 329,389 shares of the asset manager’s stock valued at $37,876,000 after buying an additional 2,989 shares during the period. Stock Yards Bank & Trust Co. grew its holdings in Blackstone by 49.4% during the first quarter. Stock Yards Bank & Trust Co. now owns 37,001 shares of the asset manager’s stock worth $4,255,000 after acquiring an additional 12,232 shares during the period. Canton Hathaway LLC raised its position in Blackstone by 4.9% in the first quarter. Canton Hathaway LLC now owns 17,152 shares of the asset manager’s stock worth $1,972,000 after acquiring an additional 800 shares in the last quarter. Finally, Cane Capital Partners LLC bought a new position in shares of Blackstone during the 1st quarter valued at about $724,000. Institutional investors own 70.00% of the company’s stock.

Key Headlines Impacting Blackstone

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.