The Goldman Sachs Group Has Lowered Expectations for Blackstone (NYSE:BX) Stock Price

Blackstone (NYSE:BX) had its price target dropped by research analysts at The Goldman Sachs Group from $166.00 to $158.00 in a report released on Friday,MarketScreener reports. The firm currently has a “neutral” rating on the asset manager’s stock. The Goldman Sachs Group’s price objective indicates a potential upside of 12.50% from the company’s previous close.

A number of other research firms have also weighed in on BX. Morgan Stanley raised their target price on Blackstone from $200.00 to $215.00 and gave the company an “overweight” rating in a report on Tuesday, October 21st. Citizens Jmp reiterated a “market outperform” rating and issued a $195.00 target price on shares of Blackstone in a research note on Friday. Evercore ISI cut their price target on shares of Blackstone from $197.00 to $180.00 and set an “outperform” rating on the stock in a report on Wednesday, October 22nd. BNP Paribas Exane cut their target price on Blackstone from $167.00 to $156.00 and set a “neutral” rating on the stock in a research note on Monday, January 12th. Finally, Citigroup reissued a “market outperform” rating on shares of Blackstone in a research report on Friday. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $177.38.

Blackstone Trading Down 1.7%

NYSE BX traded down $2.50 during mid-day trading on Friday, reaching $140.44. 295,251 shares of the stock were exchanged, compared to its average volume of 3,855,468. Blackstone has a one year low of $115.66 and a one year high of $190.09. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a 50 day simple moving average of $153.03 and a 200-day simple moving average of $160.96. The stock has a market cap of $103.71 billion, a P/E ratio of 40.17, a P/E/G ratio of 1.03 and a beta of 1.75.

Blackstone (NYSE:BX) last announced its quarterly earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.21. Blackstone had a return on equity of 22.30% and a net margin of 20.56%.The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $3.69 billion. During the same quarter in the prior year, the company earned $1.69 earnings per share. The company’s quarterly revenue was up 41.4% on a year-over-year basis. On average, analysts anticipate that Blackstone will post 5.87 EPS for the current year.

Insider Activity at Blackstone

In related news, Director James Breyer acquired 13,900 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was bought at an average cost of $143.86 per share, with a total value of $1,999,654.00. Following the acquisition, the director owned 68,906 shares of the company’s stock, valued at approximately $9,912,817.16. The trade was a 25.27% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ruth Porat acquired 324 shares of Blackstone stock in a transaction dated Monday, November 10th. The shares were purchased at an average price of $146.92 per share, for a total transaction of $47,602.08. Following the completion of the transaction, the director directly owned 39,077 shares in the company, valued at approximately $5,741,192.84. The trade was a 0.84% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 783,978 shares of company stock worth $22,058,454 over the last quarter. 1.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Blackstone

Several institutional investors and hedge funds have recently modified their holdings of BX. Vanguard Group Inc. grew its holdings in shares of Blackstone by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 71,667,695 shares of the asset manager’s stock worth $11,046,859,000 after acquiring an additional 840,258 shares during the period. State Street Corp lifted its position in Blackstone by 1.3% during the 3rd quarter. State Street Corp now owns 31,362,796 shares of the asset manager’s stock valued at $5,358,334,000 after acquiring an additional 412,281 shares during the period. Geode Capital Management LLC increased its stake in shares of Blackstone by 1.4% during the second quarter. Geode Capital Management LLC now owns 16,542,863 shares of the asset manager’s stock valued at $2,462,706,000 after purchasing an additional 227,416 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Blackstone by 4.7% during the third quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager’s stock valued at $1,251,474,000 after acquiring an additional 329,379 shares in the last quarter. Finally, Norges Bank bought a new position in Blackstone during the 2nd quarter valued at about $1,071,348,000. 70.00% of the stock is owned by hedge funds and other institutional investors.

Blackstone News Summary

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q4 results beat expectations — EPS $1.75 vs. $1.54 expected and revenue $4.36B vs. $3.69B; management reported record distributable earnings, AUM of ~$1.27T and heavy inflows, which support fee growth and performance earnings. Blackstone beats estimates on strong dealmaking activity
• Positive Sentiment: Dividend raised — BX declared a quarterly dividend of $1.49 (15.5% increase vs. prior $1.29), implying a ~4.2% yield and supporting income‑oriented demand for the stock (record/ex‑dividend dates noted by the company).
• Positive Sentiment: Business mix showing momentum — management highlighted rebound in private equity and real estate plus growth in data‑center and infrastructure investments, which drove higher fees and helped beat profit forecasts. Blackstone’s Private Equity and Real Estate Are Bouncing Back
• Neutral Sentiment: Macro/strategy commentary — Blackstone executives called AI development a key U.S. growth driver; positive long‑term for infrastructure and data center demand but not an immediate earnings catalyst. AI development is biggest economic growth driver, Blackstone says
• Neutral Sentiment: Investor access/visibility — CFO Michael Chae will present at the BofA Financial Services Conference on Feb. 10 (webcast available), which may provide additional detail but is routine. Blackstone to Present at the Bank of America Securities Financial Services Conference 2026
• Negative Sentiment: Analyst price‑target tweak — HSBC trimmed its BX price target slightly (from $178 to $174) and kept a “hold” rating; this is a modest headwind for sentiment but the target still implies upside vs. current levels. HSBC adjusts price target on Blackstone

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.