BX icon

Blackstone

179.95 USD
+3.23
1.83%
At close Jan 17, 4:00 PM EST
After hours
179.95
+0.00
0.00%
1 day
1.83%
5 days
10.98%
1 month
-1.73%
3 months
6.02%
6 months
33.44%
Year to date
3.57%
1 year
53.83%
5 years
196.17%
10 years
430.04%
 

About: Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), 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 6,823 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

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

96% more first-time investments, than exits

New positions opened: 206 | Existing positions closed: 105

21% more funds holding in top 10

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

20% more capital invested

Capital invested by funds: $66.5B [Q2] → $80.1B (+$13.5B) [Q3]

4% more funds holding

Funds holding: 1,834 [Q2] → 1,909 (+75) [Q3]

8% more repeat investments, than reductions

Existing positions increased: 741 | Existing positions reduced: 687

1.94% less ownership

Funds ownership: 75.24% [Q2] → 73.3% (-1.94%) [Q3]

22% less call options, than puts

Call options by funds: $2.17B | Put options by funds: $2.8B

Research analyst outlook

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

Low target
$157
13%
downside
Avg. target
$185
3%
upside
High target
$230
28%
upside

7 analyst ratings

positive
29%
neutral
71%
negative
0%
Wells Fargo
Michael Brown
74% 1-year accuracy
32 / 43 met price target
0%upside
$180
Equal-Weight
Maintained
14 Jan 2025
Keefe, Bruyette & Woods
Michael Brown
74% 1-year accuracy
32 / 43 met price target
3%downside
$174
Market Perform
Maintained
13 Jan 2025
Barclays
Benjamin Budish
77% 1-year accuracy
88 / 115 met price target
7%upside
$192
Equal-Weight
Maintained
13 Jan 2025
Piper Sandler
Crispin Love
61% 1-year accuracy
17 / 28 met price target
1%downside
$179
Neutral
Maintained
23 Dec 2024
BMO Capital
Etienne Ricard
75% 1-year accuracy
9 / 12 met price target
13%downside
$157
Market Perform
Maintained
19 Dec 2024

Financial journalist opinion

Based on 13 articles about BX published over the past 30 days

Positive
Seeking Alpha
2 days ago
Hidden Gems: 2 Must-Buy REITs Right Now
Some of the best REIT investment opportunities are in Canada. Valuations are lower and so are interest rates. I present 2 hidden gems that we are buying.
Hidden Gems: 2 Must-Buy REITs Right Now
Positive
Seeking Alpha
5 days ago
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
In December, I invested around $1,200 primarily in Business Development Companies, boosting my annual dividend income by $131 with a full-year total of almost $1,700.
My Dividend Stock Portfolio: $10,000 In Dividends In 2024 - 97 Holdings With 13 Buys
Positive
Seeking Alpha
5 days ago
The Rich Keep Getting Richer: Buy Blackstone And Join Them
Blackstone is a best-in-class asset manager, with long-tail revenue drivers, an asset-light business model, and strong profitability. The stock does appear expensive, but when adjusted for BX's expected growth - and contrasted against an expensive market - we think the price is worth paying. We think the recent dip, which has been caused by changes in rate expectations, is worth buying.
The Rich Keep Getting Richer: Buy Blackstone And Join Them
Positive
Zacks Investment Research
6 days ago
IFS vs. BX: Which Stock Is the Better Value Option?
Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Intercorp Financial Services Inc. (IFS) or Blackstone Inc. (BX). But which of these two companies is the best option for those looking for undervalued stocks?
IFS vs. BX: Which Stock Is the Better Value Option?
Neutral
Reuters
1 week ago
Exclusive: Blackstone mulls $4 billion-plus sale of Liftoff, sources say
Buyout firm Blackstone is weighing strategic options, including a sale, for Liftoff that could value the mobile app marketing provider at more than $4 billion, including debt, two people familiar with the matter said on Friday.
Exclusive: Blackstone mulls $4 billion-plus sale of Liftoff, sources say
Negative
The Motley Fool
1 week ago
Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
A hotter-than-expected December jobs report sent the Dow Jones Industrial Average tumbling by more than 600 points (1.5%) on Friday morning as U.S. Treasury yields continued to rise and inflation concerns took center stage. Most sectors struggled, including financials.
Financial Stocks Wells Fargo, Jefferies, and Blackstone Are Falling After a Hot Jobs Report
Neutral
Seeking Alpha
1 week ago
One Popular Dividend Stock To Sell And One Strong Buy
The recent market rally has been very uneven. Some stocks surged, while others were left behind. There are great opportunities among dividend stocks. I highlight one of my largest holdings going into 2025.
One Popular Dividend Stock To Sell And One Strong Buy
Positive
Seeking Alpha
2 weeks ago
Beat Inflation Like A Pro: Unstoppable Dividend Picks You Can't Miss
The dollar surged 8% in 2024, fueled by the Fed's policy shifts and potential tariffs under President Trump. As inflation persists, the Fed's uncertain path adds volatility. Professional investors, including hedge fund managers, emphasize inflation protection. Infrastructure assets, particularly in renewable power and data centers, offer strong growth and income potential. Amid rising bond yields, I favor high-yielding stocks, especially in infrastructure and real estate, as these sectors benefit from inflation and offer stability and growth.
Beat Inflation Like A Pro: Unstoppable Dividend Picks You Can't Miss
Positive
Invezz
2 weeks ago
Blackstone stock price could dive 22% before rebounding
Blackstone stock price had another solid performance as it outperformed the S&P 500 and Nasdaq 100 indices. BX jumped by 31% in 2024, pushing its market cap to over $212 billion and making it the biggest player in the alternatives industry.
Blackstone stock price could dive 22% before rebounding
Neutral
PRNewsWire
3 weeks ago
EQT Closes Midstream Joint Venture with Blackstone Credit & Insurance
PITTSBURGH , Dec. 30, 2024 /PRNewswire/ -- EQT Corporation (NYSE: EQT) (together with its subsidiaries, "EQT") announced today that it has closed on the formation and funding of its previously announced midstream joint venture ("JV") with an affiliate of Blackstone Credit & Insurance ("BXCI"; Blackstone (NYSE: BX)).  EQT received $3.5 billion of cash consideration, net of certain transaction fees and expenses, from BXCI in exchange for a non-controlling common equity interest in the JV.
EQT Closes Midstream Joint Venture with Blackstone Credit & Insurance
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