Blackstone is a high-quality asset manager with a wide economic moat, strong margins, and a four-quarter earnings beat streak, but a confirmed price downtrend and reward-to-risk ratio of roughly 0.51-to-1 limit the near-term case for adding exposure at current prices.
Thesis pillars
- Franchise Quality Moat↓Deteriorating
- Earnings Beat Consistency↓Deteriorating
- Price Downtrend Headwind↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 27, 2026
Blackstone Inc. (BX) Stock Analysis
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $117.06, but acceptable to hold if already in. Reasons: Thin upside margin: 6.7%; Weak growth.
Blackstone manages $1.3 trillion in total assets across four segments — Real Estate ($319 billion AUM), Private Equity ($416 billion), Credit & Insurance ($443 billion), and Multi-Asset Investing ($96 billion). The firm earns management fees and performance allocations on behalf... Read more
Hold if already holding. Not a fresh buy at $117.06, but acceptable to hold if already in. Reasons: Thin upside margin: 6.7%; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.4/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.50, earnings proximity 90d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
About Blackstone Inc.
About Blackstone Inc.
Blackstone managed $1.3 trillion in total assets under management at December 31, 2025, with Credit & Insurance leading at $443.0 billion, followed by Private Equity at $416.4 billion, Real Estate at $319.3 billion, and Multi-Asset Investing at $96.2 billion. The firm employed approximately 5,285 professionals including 268 senior managing directors, deployed across institutional and private wealth channels in the Americas, Europe, and Asia.
Blackstone earns management fees as a percentage of AUM — calculated on committed capital, invested capital, or net asset value depending on fund structure — plus Performance Revenues once funds achieve preferred return thresholds. Perpetual capital vehicles such as BREIT, BXMT, BCRED, BXSL, BIP, and BXPE generate continuously recurring management fees and have substantially increased as a share of total AUM in recent years. Performance Allocations from traditional drawdown carry funds depend on realizations, creating quarterly cash flow volatility. In recent periods, the Credit & Insurance segment's credit portfolios benefited from elevated interest rates because a substantial majority of that portfolio is floating rate; a decline in rates could weigh on that tailwind. Investors include pension funds, insurance companies, sovereign wealth funds, and a growing base of high-net-worth individuals through the Private Wealth channel.
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Blackstone's real estate segment is particularly exposed to the pace of interest rate normalization. The 10-K notes that elevated rates have reduced real estate valuations, slowed fundraising in private wealth-targeted real estate strategies, and made it harder to exit investments in life science office and traditional office sectors where long-term leases do not permit near-term rent increases. If rates remain elevated longer than anticipated, real estate valuations may face continued pressure, while a rapid rate decline could simultaneously compress the floating-rate credit income advantage embedded in the Credit & Insurance portfolios — exposing the company to asymmetric risk across segments depending on rate trajectory.
See also: Financial Services · Asset Management
From Blackstone Inc.'s most recent 10-K filing, extracted June 9, 2026.
Recent developments
updated 2026-10-29Recent Developments — Blackstone Inc.
Latest news
- NEWS Blackstone (NYSE:BX) Stock Price - Simply Wall Street — Simply Wall Street neutral
- NEWS Blackstone Inc. Revenue Breakdown – BIVA:BX - TradingView — TradingView neutral
- NEWS Blackstone (BX) Stock May Be Fully Priced As Q2 AI Profit Jumps - Yahoo Finance — Yahoo Finance positive
- NEWS Blackstone (BX) Stock May Be Fully Priced As Q2 AI Profit Jumps - finance.yahoo.com — finance.yahoo.com positive
- NEWS Blackstone (BX) Could Be 7% Undervalued As Kuwait Pipeline Deal Lands - simplywall.st — simplywall.st positive
Generated 2026-10-29T11:14:31Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers
Revenue shrinking — -0.5% YoY. Growth thesis broken unless recovery story develops.static
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $117.06, but acceptable to hold if already in. Reasons: Thin upside margin: 6.7%; Weak growth. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Analyst target $124.90 (+6.7%), stop $108.87 (−7.5%), A.R:R 0.7:1. Score 5.4/10, moderate confidence.
Analyst target: $124.90 (+6.7% upside). Analyst target $124.90 (+6.7%), stop $108.87 (−7.5%), A.R:R 0.7:1. Stop-loss: $108.87.
Thin upside margin: 6.7%; Weak growth; Below 200-MA, MA slope -4.0%/30d (confirmed downtrend).
Blackstone Inc. trades at a P/E of 26.1 (forward 15.9). TrendMatrix value score: 5.8/10. Verdict: Hold.
32 analysts cover BX with a consensus score of 3.9/5. Average price target: $139.
What does Blackstone Inc. do?Blackstone manages $1.3 trillion in total assets across four segments — Real Estate ($319 billion AUM), Private Equity...
Blackstone manages $1.3 trillion in total assets across four segments — Real Estate ($319 billion AUM), Private Equity ($416 billion), Credit & Insurance ($443 billion), and Multi-Asset Investing ($96 billion). The firm earns management fees and performance allocations on behalf of pension funds, insurance companies, and individual investors, employing approximately 5,285 people globally.