Blackstone (NYSE:BX) Price Target Cut to $141.00 by Analysts at TD Cowen

Key Points

• TD Cowen cut its price target on Blackstone from $164 to $141 but kept a "buy" rating, while multiple brokers have trimmed targets leaving a MarketBeat consensus rating of Hold with an average target of $157.38.
• Blackstone beat quarterly estimates, reporting $1.75 EPS versus $1.54 expected and $4.36B in revenue (up 41.4% year‑over‑year), underscoring strong recent operating results despite downward analyst revisions.
• Large insider sales (notably by Tactical Opportunit and Bx Buzz Ml‑1) coincided with sizable institutional buying from investors like Norges Bank and Vanguard, with roughly 70% of shares held by institutions.

Blackstone (NYSE:BX - Get Free Report) had its target price reduced by analysts at TD Cowen from $164.00 to $141.00 in a report released on Thursday,MarketScreener reports. The brokerage presently has a "buy" rating on the asset manager's stock. TD Cowen's price target suggests a potential upside of 20.76% from the company's previous close.

A number of other research firms have also recently commented on BX. BNP Paribas Exane dropped their target price on shares of Blackstone from $167.00 to $156.00 and set a "neutral" rating for the company in a report on Monday, January 12th. UBS Group cut their target price on Blackstone from $171.00 to $137.00 and set a "neutral" rating on the stock in a research report on Friday, February 20th. Piper Sandler dropped their price target on Blackstone from $158.00 to $122.00 and set a "neutral" rating on the stock in a research note on Tuesday. Jefferies Financial Group dropped their target price on shares of Blackstone from $161.00 to $143.00 and set a "buy" rating on the stock in a research report on Wednesday. Finally, Evercore reduced their price objective on Blackstone from $175.00 to $170.00 and set an "outperform" rating for the company in a research note on Friday, January 30th. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $157.38.

Blackstone Stock Performance

NYSE BX opened at $116.76 on Thursday. The company has a 50 day moving average of $118.82 and a 200-day moving average of $142.24. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.61. Blackstone has a 1-year low of $101.73 and a 1-year high of $190.09. The firm has a market cap of $86.66 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 0.90 and a beta of 1.74.

Blackstone (NYSE:BX - Get Free Report) last released its earnings results on Thursday, January 29th. The asset manager reported $1.75 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.21. Blackstone had a return on equity of 22.17% and a net margin of 20.89%.The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $3.69 billion. During the same quarter in the previous year, the business earned $1.69 earnings per share. Blackstone's quarterly revenue was up 41.4% on a year-over-year basis. On average, equities analysts forecast that Blackstone will post 5.87 earnings per share for the current fiscal year.

Insider Activity

In related news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the firm's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $10.00, for a total transaction of $15,961,420.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,504 shares of the company's stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $3.51, for a total transaction of $26,246,039.04. Following the completion of the sale, the insider directly owned 25,832 shares of the company's stock, valued at $90,670.32. The trade was a 99.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 1.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Blackstone

Hedge funds have recently made changes to their positions in the business. Norges Bank bought a new position in Blackstone during the fourth quarter valued at about $1,275,747,000. Capital Research Global Investors raised its stake in shares of Blackstone by 99.2% during the fourth quarter. Capital Research Global Investors now owns 6,381,767 shares of the asset manager's stock worth $983,690,000 after acquiring an additional 3,178,133 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Blackstone by 1.9% in the third quarter. Vanguard Group Inc. now owns 70,827,437 shares of the asset manager's stock worth $12,100,868,000 after buying an additional 1,335,060 shares during the period. Amundi lifted its stake in Blackstone by 85.6% in the fourth quarter. Amundi now owns 2,709,345 shares of the asset manager's stock worth $417,620,000 after acquiring an additional 1,249,269 shares during the period. Finally, Close Asset Management Ltd lifted its position in shares of Blackstone by 16,035.1% in the 3rd quarter. Close Asset Management Ltd now owns 1,140,264 shares of the asset manager's stock worth $194,746,000 after purchasing an additional 1,133,197 shares during the period. 70.00% of the stock is currently owned by institutional investors.

Blackstone News Roundup

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone and Dubai Aerospace Enterprise (DAE) launched a joint aircraft‑leasing investment programme targeting roughly $1.6 billion of annual deployments — expands Blackstone Credit’s origination/deployment runway and provides a steady, fee‑earning asset stream. Dubai's DAE and Blackstone launch $1.6 billion annual aircraft leasing programme
• Positive Sentiment: Blackstone’s opportunistic credit fund hit a $10 billion hard cap — strong fundraising signal that supports fee growth and validates investor appetite for BX’s private credit platform. Blackstone opportunistic credit fund hits hard cap of $10B
• Positive Sentiment: Bullish commentary and valuation writeups (Seeking Alpha pieces) argue BX is a discounted opportunity with durable fee franchises and a 3.7% yield — supporting investor interest from value‑oriented buyers. Blackstone: A Discounted Opportunity
• Neutral Sentiment: Blackstone sold a $723 million stake in Legence; strong demand for the sale indicates market appetite for BX’s portfolio monetizations but reduces that particular asset exposure. Legence draws strong demand as Blackstone sells $723M stake
• Neutral Sentiment: Coverage notes on private credit show new funds launching even as redemptions rise — mixed implications: continued product demand helps BX, but higher redemptions in the category are a watch item. New Private Credit Funds Are Being Launched Even as Redemptions Rise. Here's Why.
• Negative Sentiment: Several firms trimmed price targets (Piper Sandler to $122, Goldman to $118, Barclays to $124) and maintained cautious/hold views — analyst downgrades are pressuring sentiment and cap potential near term. Piper Sandler Lowers Blackstone NYSE: BX Price Target to $122.00
• Negative Sentiment: Goldman Sachs and other brokers kept conservative ratings/hold stances, reflecting concerns about near‑term earnings visibility and the impact of market shifts on fee‑related revenue. Blackstone Group (BX) Receives a Hold from Goldman Sachs

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.

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