Rothschild & Co Redburn Issues Pessimistic Forecast for Blackstone (NYSE:BX) Stock Price

Key Points

• Rothschild & Co Redburn lowered its price target on Blackstone to $134 (from $138) and kept a "neutral" rating, implying roughly a 9.3% upside from the current price.
• Analyst sentiment is mixed—11 Buy and 11 Hold ratings—with an average target of $151.86 as firms (e.g., Oppenheimer, Piper Sandler, BNP Paribas) have recently raised or cut their price targets.
• Blackstone beat Q1 estimates (EPS $1.36 vs. $1.34; revenue $3.62B vs. $3.45B), announced a quarterly dividend of $1.16 (~3.8% yield), and reported fee‑earning AUM growth with total AUM near $1.3 trillion.

Blackstone (NYSE:BX - Get Free Report) had its target price decreased by stock analysts at Rothschild & Co Redburn from $138.00 to $134.00 in a report released on Friday,MarketScreener reports. The firm presently has a "neutral" rating on the asset manager's stock. Rothschild & Co Redburn's target price would suggest a potential upside of 9.26% from the stock's current price.

BX has been the subject of a number of other research reports. BNP Paribas Exane lowered their price objective on Blackstone from $167.00 to $156.00 and set a "neutral" rating for the company in a research report on Monday, January 12th. Barclays decreased their price target on shares of Blackstone from $126.00 to $124.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 8th. Evercore reaffirmed an "outperform" rating and issued a $150.00 target price on shares of Blackstone in a research report on Tuesday. Oppenheimer boosted their price target on Blackstone from $154.00 to $156.00 and gave the company an "outperform" rating in a research report on Friday. Finally, Piper Sandler decreased their price objective on shares of Blackstone from $158.00 to $122.00 and set a "neutral" rating for the company in a research note on Tuesday, April 7th. Eleven research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Blackstone has an average rating of "Moderate Buy" and an average target price of $151.86.

Blackstone Stock Performance

NYSE BX opened at $122.64 on Friday. Blackstone has a 1-year low of $101.73 and a 1-year high of $190.09. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.76 and a quick ratio of 0.76. The stock's 50 day simple moving average is $116.77 and its 200-day simple moving average is $138.66. The company has a market cap of $91.02 billion, a PE ratio of 31.53, a price-to-earnings-growth ratio of 1.35 and a beta of 1.74.

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

Insider Buying and Selling at Blackstone

In related news, major shareholder Holdings Iv Gp Mana Blackstone bought 2,868,069 shares of the stock in a transaction dated Friday, March 20th. The stock was bought at an average cost of $26.15 per share, with a total value 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 $487,129,914.25. This trade represents a 18.20% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Tactical Opportunit Blackstone sold 1,596,142 shares of the business's stock in a transaction on Friday, February 27th. The stock was sold at an average price of $10.00, for a total value of $15,961,420.00. The disclosure for this sale is available in the SEC filing. 1.00% of the stock is currently owned by insiders.

Institutional Trading of Blackstone

Several institutional investors have recently modified their holdings of BX. Vanguard Group Inc. lifted its holdings in Blackstone by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 71,667,695 shares of the asset manager's stock valued at $11,046,859,000 after acquiring an additional 840,258 shares during the last quarter. Morgan Stanley grew its position in Blackstone by 2.0% during the 4th quarter. Morgan Stanley now owns 32,862,165 shares of the asset manager's stock worth $5,065,374,000 after purchasing an additional 636,613 shares in the last quarter. State Street Corp lifted its stake in Blackstone by 0.6% in the 4th quarter. State Street Corp now owns 31,542,009 shares of the asset manager's stock worth $4,861,885,000 after acquiring an additional 179,213 shares in the last quarter. Norges Bank purchased a new stake in shares of Blackstone in the fourth quarter worth approximately $1,275,747,000. Finally, Northern Trust Corp grew its holdings in shares of Blackstone by 4.7% during the 3rd quarter. Northern Trust Corp now owns 7,324,989 shares of the asset manager's stock valued at $1,251,474,000 after acquiring an additional 329,379 shares in the last quarter. Institutional investors and hedge funds own 70.00% of the company's stock.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Q1 results beat expectations — EPS of $1.36 vs. $1.34 est. and revenue of $3.62B vs. $3.45B; fee‑earning AUM rose and total AUM hit roughly $1.3T, giving investors concrete evidence of growth. Press Release / Slide Deck
• Positive Sentiment: Dividend announced: BX declared a quarterly dividend of $1.16/share (ex‑dividend May 4, pay May 11), implying a ~3.8% yield — supports income investors and provides a near‑term cash return floor.
• Positive Sentiment: Investment gains helped lift distributable earnings and first‑quarter profit, reinforcing the beat and showing portfolio realization/mark gains can drive results. Reuters: Profit Boost
• Positive Sentiment: Oppenheimer raised its price target to $156 and kept an “outperform” rating — an incremental analyst vote of confidence that points to meaningful upside from current levels. Benzinga: PT Raise
• Positive Sentiment: Portfolio and energy‑transition activity: Blackstone‑backed Kindle Energy broke ground on a $1.2B CCGT facility and AirTrunk is exploring a bond — shows continued deal flow and realizations from private investments. BusinessWire: Kindle Energy
• Neutral Sentiment: Extensive coverage and call transcripts are circulating (earnings call Q1 transcript, analyst writeups, ETF rankings) — useful for digging into segment detail but already largely reflected in today’s move. Earnings Call Transcript
• Neutral Sentiment: Jersey Mike’s confidential IPO filing (a Blackstone portfolio company) signals potential near‑term exit/liquidity events, which can be positive for future realizations but timing/value are uncertain.
• Negative Sentiment: Mixed analyst moves: Morgan Stanley “lowered” its price target (to $184) — the downward revision language can temper enthusiasm despite the target remaining above current price. Analyst PT Change
• Negative Sentiment: Some GAAP metrics and reported expenses drew attention (reports noted GAAP profit distortions/expense increases), which could cap multiple expansion if investors focus on one‑time or volatile mark‑to‑market swings. Coverage: GAAP Notes

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.