Blackstone (BX) Set to Announce Quarterly Earnings on Thursday

Blackstone (NYSE:BX) is anticipated to announce its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect Blackstone to announce earnings of $1.27 per share and revenue of $3.27 billion for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, October 22, 2026 at 9:00 AM ET.

Blackstone (NYSE:BX) last issued its quarterly earnings data on Thursday, July 23rd. The asset manager reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.34 by $0.18. The firm had revenue of $5.04 billion for the quarter, compared to analyst estimates of $3.42 billion. Blackstone had a net margin of 21.84% and a return on equity of 23.77%. Blackstone’s revenue was up 35.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 EPS. On average, analysts expect Blackstone to post $5.91 EPS for the current fiscal year and $7.47 EPS for the next fiscal year.

Blackstone Trading Up 0.5%

Shares of BX stock opened at $107.11 on Tuesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a market cap of $80.40 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 1.28 and a beta of 1.59. The company has a 50-day moving average of $127.52 and a two-hundred day moving average of $124.17. Blackstone has a 1-year low of $101.73 and a 1-year high of $165.14.

Insider Activity at Blackstone

In other news, Director Joseph Baratta sold 100,000 shares of the business’s stock in a transaction dated Friday, September 18th. The stock was sold at an average price of $123.80, for a total transaction of $12,380,000.00. Following the completion of the transaction, the director directly owned 771,599 shares of the company’s stock, valued at approximately $95,523,956.20. The trade was a 11.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Holdings Iv L.P. Blackstone bought 191,695 shares of the business’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were purchased at an average price of $26.17 per share, for a total transaction of $5,016,658.15. Following the completion of the purchase, the insider directly owned 8,895,478 shares of the company’s stock, valued at approximately $232,794,659.26. This trade represents a 2.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have bought 1,038,406 shares of company stock worth $27,205,951 and have sold 4,077,276 shares worth $37,573,644. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on BX shares. Oppenheimer boosted their price target on shares of Blackstone from $140.00 to $171.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. HSBC reaffirmed a “hold” rating and set a $135.00 price objective on shares of Blackstone in a research report on Monday, July 20th. Piper Sandler dropped their target price on shares of Blackstone from $130.00 to $125.00 and set a “neutral” rating for the company in a report on Monday. Weiss Ratings raised Blackstone from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 24th. Finally, Keefe, Bruyette & Woods upgraded Blackstone to a “hold” rating in a research note on Monday, July 20th. Thirteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.45.

About Blackstone

Blackstone Inc (NYSE:BX) is a global alternative asset management firm that provides investment and advisory services to institutional investors, companies, and qualified individual investors. The company manages capital across private equity, real estate, credit and insurance, infrastructure, hedge fund solutions, secondaries, and growth-oriented investments.

Blackstone invests in and manages portfolios of businesses, properties, infrastructure assets, and credit instruments across a range of industries.