BX icon

Blackstone

185.52 USD
+2.75
1.50%
At close Jan 23, 4:00 PM EST
After hours
185.05
-0.47
0.25%
1 day
1.50%
5 days
5.78%
1 month
7.74%
3 months
11.14%
6 months
29.17%
Year to date
6.77%
1 year
55.93%
5 years
191.10%
10 years
414.48%
 

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
15%
downside
Avg. target
$185
0%
upside
High target
$230
24%
upside

7 analyst ratings

positive
29%
neutral
71%
negative
0%
Wells Fargo
Michael Brown
74% 1-year accuracy
32 / 43 met price target
3%downside
$180
Equal-Weight
Maintained
14 Jan 2025
Keefe, Bruyette & Woods
Michael Brown
74% 1-year accuracy
32 / 43 met price target
6%downside
$174
Market Perform
Maintained
13 Jan 2025
Barclays
Benjamin Budish
76% 1-year accuracy
89 / 117 met price target
3%upside
$192
Equal-Weight
Maintained
13 Jan 2025
Piper Sandler
Crispin Love
67% 1-year accuracy
20 / 30 met price target
4%downside
$179
Neutral
Maintained
23 Dec 2024
BMO Capital
Etienne Ricard
75% 1-year accuracy
9 / 12 met price target
15%downside
$157
Market Perform
Maintained
19 Dec 2024

Financial journalist opinion

Based on 16 articles about BX published over the past 30 days

Positive
Reuters
9 hours ago
Blackstone to buy $1 billion Virginia power plant near data centers
The unit of Blackstone dedicated to investments in the energy industry has agreed to acquire Potomac Energy Center, the asset manager told Reuters on Thursday, in a deal symbolizing the allure to investors of power plants sited near data centers.
Blackstone to buy $1 billion Virginia power plant near data centers
Neutral
Zacks Investment Research
17 hours ago
Blackstone Inc. (BX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Blackstone Inc. (BX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Blackstone Inc. (BX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Positive
GeekWire
1 day ago
Smartsheet officially goes private, completes acquisition by Blackstone and Vista Equity Partners
Smartsheet is a private company again.
Smartsheet officially goes private, completes acquisition by Blackstone and Vista Equity Partners
Neutral
Business Wire
1 day ago
Blackstone and Vista Equity Partners Complete Acquisition of Smartsheet
BELLEVUE, Wash.--(BUSINESS WIRE)--Smartsheet, the AI enhanced enterprise grade work management platform, today announced the completion of its acquisition by funds managed by Blackstone (“Blackstone”) and Vista Equity Partners (“Vista”) in a transaction valued at approximately $8.4 billion. The transaction was previously announced on September 24, 2024, and approved by Smartsheet stockholders on December 9, 2024. With the completion of the take private transaction, Smartsheet stockholders are e.
Blackstone and Vista Equity Partners Complete Acquisition of Smartsheet
Positive
Seeking Alpha
2 days ago
5 Big Dividend Growth Blue-Chips For A Rich Retirement
Retiring with dividends is best done with a diversified portfolio of blue-chip dividend growth stocks to ensure stable and growing passive income. I discuss a simple method for building such a portfolio. I also discuss 5 of some of the best big dividend growth blue-chips around for retirees.
5 Big Dividend Growth Blue-Chips For A Rich Retirement
Positive
Seeking Alpha
5 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
1 week 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
1 week 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
1 week 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
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