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Blackstone

181.41 USD
+0.20
0.11%
At close Nov 15, 4:00 PM EST
Pre-market
182.00
+0.59
0.33%
1 day
0.11%
5 days
1.06%
1 month
16.05%
3 months
33.13%
6 months
38.15%
Year to date
41.43%
1 year
73.96%
5 years
245.41%
10 years
466.55%
 

About: Blackstone is the world's largest alternative-asset manager with $1.076 trillion in total asset under management, including $808.7 billion in fee-earning assets under management, at the end of June 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 28% of base management fees), real estate (37% and 42%), credit and insurance (29% and 23%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Employees: 4,735

0
Funds holding %
of 6,704 funds
0
Analysts bullish %
of 19 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

23% more first-time investments, than exits

New positions opened: 196 | Existing positions closed: 159

21% more funds holding in top 10

Funds holding in top 10: 62 [Q2] → 75 (+13) [Q3]

19% more capital invested

Capital invested by funds: $64.6B [Q2] → $76.6B (+$12B) [Q3]

2% more funds holding

Funds holding: 1,831 [Q2] → 1,868 (+37) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 729 | Existing positions reduced: 673

2.9% less ownership

Funds ownership: 73.1% [Q2] → 70.2% (-2.9%) [Q3]

22% less call options, than puts

Call options by funds: $2.16B | Put options by funds: $2.77B

Research analyst outlook

19 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$134
26%
downside
Avg. target
$161
11%
downside
High target
$192
6%
upside

19 analyst ratings

positive
42%
11 neutral
58%
negative
0%
Deutsche Bank
Brian Brungardt
100% 1-year accuracy
1 / 1 met price target
0%upside
$182
Buy
Maintained
11 Nov 2024
Citigroup
Chris Allen
67% 1-year accuracy
2 / 3 met price target
6%downside
$170
Neutral
Maintained
18 Oct 2024
Evercore ISI Group
Glenn Schorr
97% 1-year accuracy
33 / 34 met price target
0%downside
$181
Outperform
Maintained
18 Oct 2024
B of A Securities
Craig Siegenthaler
76% 1-year accuracy
19 / 25 met price target
6%upside
$192
Buy
Maintained
18 Oct 2024
TD Cowen
Bill Katz
97% 1-year accuracy
33 / 34 met price target
18%downside
$149
Hold
Maintained
18 Oct 2024

Financial journalist opinion

Based on 20 articles about BX published over the past 30 days

Charts implemented using Lightweight Charts™