JPMorgan Chase & Co. Issues Pessimistic Forecast for Blackstone (NYSE:BX) Stock Price

Key Points

• JPMorgan Chase cut its price target on Blackstone from $142 to $136 and kept a "neutral" rating, implying roughly an 11.6% upside from the current share price.
• Blackstone beat Q1 estimates (EPS $1.36 vs $1.34; revenue $3.62B vs $3.45B), reported record fee‑earning and total AUM, and declared a quarterly dividend of $1.16/share.
• Analysts are split (11 Buy, 11 Hold) with a consensus "Moderate Buy" and an average price target of $151.45, but investors face near‑term risks from private‑credit loan defaults and GAAP vs distributable‑earnings nuances that could drive volatility.

Blackstone (NYSE:BX - Get Free Report) had its price objective cut by stock analysts at JPMorgan Chase & Co. from $142.00 to $136.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a "neutral" rating on the asset manager's stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 11.56% from the company's current price.

BX has been the subject of several other reports. Evercore restated an "outperform" rating and set a $150.00 target price on shares of Blackstone in a research report on Tuesday. TD Cowen lowered their price target on shares of Blackstone from $141.00 to $140.00 and set a "buy" rating on the stock in a report on Friday. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Blackstone in a report on Monday. Citigroup reaffirmed a "market outperform" rating on shares of Blackstone in a report on Friday, January 30th. Finally, 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 research report on Monday, January 12th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $151.45.

Blackstone Trading Down 0.3%

Shares of NYSE:BX traded down $0.42 on Friday, hitting $121.91. The company had a trading volume of 2,347,469 shares, compared to its average volume of 7,976,201. The firm's 50-day simple moving average is $116.77 and its two-hundred day simple moving average is $138.66. Blackstone has a 1 year low of $101.73 and a 1 year high of $190.09. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $90.48 billion, a price-to-earnings ratio of 31.44, a P/E/G ratio of 1.35 and a beta of 1.74.

Blackstone (NYSE:BX - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The asset manager reported $1.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.02. Blackstone had a net margin of 20.89% and a return on equity of 22.17%. The company had revenue of $3.62 billion during the quarter, compared to analysts' expectations of $3.45 billion. During the same period last year, the company posted $1.11 EPS. Blackstone's revenue was up 10.0% on a year-over-year basis. Equities analysts anticipate that Blackstone will post 6.12 earnings per share for the current fiscal year.

Insider Transactions at Blackstone

In other news, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the company's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $10.00, for a total value of $15,961,420.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Holdings Iv Gp Mana Blackstone purchased 2,868,069 shares of the business's stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $26.15 per share, for a total transaction of $75,000,004.35. Following the completion of the acquisition, the insider owned 18,628,295 shares of the company's stock, valued at approximately $487,129,914.25. The trade was a 18.20% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in BX. Brighton Jones LLC lifted its stake in Blackstone by 34.6% in the fourth quarter. Brighton Jones LLC now owns 7,917 shares of the asset manager's stock worth $1,365,000 after acquiring an additional 2,035 shares during the period. Sivia Capital Partners LLC lifted its stake in Blackstone by 9.3% in the second quarter. Sivia Capital Partners LLC now owns 2,076 shares of the asset manager's stock worth $310,000 after acquiring an additional 177 shares during the period. United Bank lifted its stake in Blackstone by 14.7% in the second quarter. United Bank now owns 13,528 shares of the asset manager's stock worth $2,024,000 after acquiring an additional 1,729 shares during the period. Nebula Research & Development LLC purchased a new stake in shares of Blackstone during the second quarter valued at about $1,124,000. Finally, Sei Investments Co. boosted its holdings in shares of Blackstone by 1.9% in the 2nd quarter. Sei Investments Co. now owns 452,619 shares of the asset manager's stock valued at $67,703,000 after buying an additional 8,655 shares in the last quarter. 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: Q1 beats and record AUM — BX posted an EPS and revenue beat, fee‑earning AUM and total AUM reached new highs, supporting fee revenue and long‑term earnings power. Blackstone Inc. (BX) Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: AI infrastructure and strategic investments — Management highlighted strong growth in AI infrastructure exposure (e.g., data‑center related investments) as a driver of fee‑related earnings expansion. Blackstone Inc (BX) Q1 2026 Earnings Call Highlights: Record AUM and Strong AI Infrastructure Growth
• Positive Sentiment: Dividend declared — BX announced a quarterly dividend of $1.16/share (annualized yield ~3.8%), which supports income‑oriented holders and can underpin near‑term share support.
• Neutral Sentiment: Mixed analyst moves — Several firms trimmed price targets (Deutsche Bank, Rothschild/Redburn, TD Cowen) while Oppenheimer raised its target; the divergence reflects debate over earnings quality vs. credit risks. Deutsche Bank Adjusts Blackstone PT Rothschild/Redburn Adjusts Price Target TD Cowen Adjusts Price Target Oppenheimer Raises PT
• Negative Sentiment: Private‑credit stress: two large loan defaults — Reports that Medallia and Affordable Care are unable to repay large private‑credit loans (affecting lenders including Blackstone) raise concerns about portfolio credit losses, mark‑to‑market pressure on private‑credit funds and potential near‑term earnings/headline risk. Two Big Loan Defaults Add to Pain in Private‑Credit Funds
• Negative Sentiment: Accounting/earnings nuance: GAAP profit was cited as below some consensus figures despite distributable earnings growth — this can fuel short‑term volatility as investors parse recurring fee strength vs. one‑time accounting items. Blackstone NYSE: BX Exceeds Q1 CY2026 Expectations

About Blackstone

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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