Blackstone (BX)

• Market cap: $107B
• 1 day: -3.34%
• 5 days: -7.50%
• 1 month: -13.33%
• 3 months: -18.81%
• 6 months: -8.78%
• Year to date: -19.61%
• 1 year: 6.33%
• 5 years: 195.43%
• 10 years: 263.66%
• Sector: Financials
• Industry: Investment Advice

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: 4,895

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

286% more first-time investments, than exits

New positions opened: 286 | Existing positions closed: 74

40% more funds holding in top 10

Funds holding in top 10: 75 [Q3] → 105 (+30) [Q4]

10% more capital invested

Capital invested by funds: $79.9B [Q3] → $88.1B (+$8.21B) [Q4]

9% more funds holding

Funds holding: 1,915 [Q3] → 2,090 (+175) [Q4]

2% more repeat investments, than reductions

Existing positions increased: 762 | Existing positions reduced: 750

2.35% less ownership

Funds ownership: 73.18% [Q3] → 70.83% (-2.35%) [Q4]

22% less call options, than puts

Call options by funds: $2.68B | Put options by funds: $3.43B

Research analyst outlook

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

• Low target: $154 10% upside
• Avg. target: $175 25% upside
• High target: $190 36% upside

6 analyst ratings

• positive: 1 17%
• neutral: 5 83%
• negative: 0 0%

Wells Fargo Michael Brown 54% 1-year accuracy 35 / 65 met price target	15% upside $160	Equal-Weight Maintained	20 Mar 2025
UBS Brennan Hawken 65% 1-year accuracy 22 / 34 met price target	29% upside $180	Buy Upgraded	17 Mar 2025
Citigroup Chris Allen 75% 1-year accuracy 3 / 4 met price target	36% upside $190	Neutral Maintained	31 Jan 2025
JP Morgan Kenneth Worthington 67% 1-year accuracy 22 / 33 met price target	10% upside $154	Neutral Maintained	31 Jan 2025
Keefe, Bruyette & Woods Michael Brown 54% 1-year accuracy 35 / 65 met price target	27% upside $177	Market Perform Maintained	31 Jan 2025