Blackstone (NYSE:BX – Get Free Report) is expected to announce its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $1.32 per share and revenue of $3.4216 billion for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, July 23, 2026 at 9:00 AM ET.
Blackstone (NYSE:BX – Get Free Report) last released 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. The firm had revenue of $3.43 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%. Blackstone’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business earned $1.11 earnings per share. On average, analysts expect Blackstone to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Blackstone Stock Performance
NYSE:BX opened at $124.13 on Wednesday. The company’s 50-day moving average is $119.99 and its two-hundred day moving average is $125.27. The firm has a market capitalization of $92.21 billion, a price-to-earnings ratio of 31.75, a PEG ratio of 1.35 and a beta of 1.58. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.76 and a quick ratio of 0.76. Blackstone has a 1-year low of $101.73 and a 1-year high of $190.09.
Insider Activity
Hedge Funds Weigh In On Blackstone
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in Blackstone by 34.6% in the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager’s stock worth $1,365,000 after acquiring an additional 2,035 shares during the last quarter. United Bank raised its holdings in shares of Blackstone by 14.7% in the 2nd quarter. United Bank now owns 13,528 shares of the asset manager’s stock valued at $2,024,000 after purchasing an additional 1,729 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Blackstone by 9.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager’s stock worth $310,000 after purchasing an additional 177 shares during the last quarter. Boston Partners purchased a new position in Blackstone in the third quarter valued at $273,000. Finally, American Trust acquired a new stake in Blackstone in the third quarter valued at $223,000. Hedge funds and other institutional investors own 70.00% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on BX. Evercore reiterated an “outperform” rating and issued a $150.00 price objective on shares of Blackstone in a report on Tuesday, April 21st. JPMorgan Chase & Co. reduced their target price on Blackstone from $136.00 to $132.00 and set a “neutral” rating on the stock in a research report on Thursday, July 16th. Rothschild & Co Redburn cut their price objective on Blackstone from $134.00 to $130.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. BMO Capital Markets upped their target price on shares of Blackstone from $126.00 to $132.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. Finally, Morgan Stanley lowered 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. Thirteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $145.71.
Get Our Latest Stock Report on BX
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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