NYSE: BX

Blackstone (BX) Stock Analysis & Forecast

Blackstone Inc. Finance sector, investment managers industry. Market cap $151.0B.

$124.96−0.45 (−0.4%)

Close on Sep 18, 2026. Page updated Sep 19, 9:15 pm ET.

Gekko Brief

AI summary

Blackstone trades at $124.96, down 0.4%, sitting between its 50-day average of $134.00 and 200-day average of $130.16. The GekkoIndex reads 68.7, placing the stock in the Accumulation zone, while the price sits 9.5% below Gekko Fair Value of $138.15. Shares are down 13.9% over the past month but up 0.9% over three months and 10.1% over six months, against a 52-week range of $101.73 to $190.09.

This week's coverage centers on Blackstone's expanding AI-infrastructure footprint and capital-raising activity. A consortium of 10 banks is arranging a $22 billion loan to finance Crux AI, a cloud venture between Blackstone and Alphabet aimed at supplying compute for AI labs using Google-manufactured TPUs. Separately, Blackstone is exploring a secondary sale of its $11 billion BPP U.S. real estate fund to give existing investors an exit, a move tied to revenue performance issues and rate increases since 2022. Other coverage notes Blackstone's shift toward control stakes in India and a deal for Flow Control.

Blackstone's next earnings report is set for 22 October 2026, 32 days out and beyond a typical 20-trading-day hold, following a July quarter that beat estimates with $1.52 EPS versus $1.33 expected and an 5.8% reaction. Over the last 90 days, insiders made 4 purchases totaling $27.3 million, alongside 1 unusual options signal in the last 30 days, with put premium of $4.8 million against call premium of $120,804. Seasonally, the next 20 trading days have averaged -5.9% over 5 years, rising in 1 of those years. Analysts across 15 firms carry a consensus target of $144.38, with 9 buy and 6 hold ratings.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $124.96200-day averageGekko Fair Value $138.15

Key stats

Market cap
$151.0B
P/E ratio
27.6
Forward P/E
16.5
EPS, TTM
$4.54
Revenue, TTM
$15.48B
Profit margin
22.7%
Dividend yield
4.24%
Beta
1.56
Volume
5.95M avg 3.34M
1-year return
−31.9%
Typical daily move
±3.3%
Typical 20-day move
±8%
50-day average
$134.00
200-day average
$130.16
Next earnings
Oct 22 before open
Shares outstanding
750.6M
52-week range
$101.73$190.09

Blackstone swing-trade checklist

Blackstone scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $124.96 sits between the 50-day ($134.00) and 200-day ($130.16) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    68.7, Accumulation

    Reading 68.7 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.5% below

    Price is 9.5% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneymixed

    Mixed

    Last 90 days: 4 open-market insider purchases. Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 32 days

    Next report Oct 22, 2026, 32 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −5.9% on average

    From this point in the calendar, the next 20 trading days averaged −5.9% over 5 years, rising in 1 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Blackstone stock chart and price history

Blackstone closed at $124.96 on Sep 18, 2026, −31.9% over the past year, inside a 52-week range of $101.73 to $190.09.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−13.9%
3 months
+0.9%
6 months
+10.1%
1 year
−31.9%
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About Blackstone

Blackstone manages alternative investments across several strategies, including real estate, private equity, credit, hedge fund solutions, public debt and equity, multi-asset approaches, and secondary funds of funds. It is known for its scale in property investing, ranging from opportunistic and core-plus real estate to stable income-producing commercial assets and debt tied to commercial real estate, as well as for large buyouts and mid-market acquisitions in private equity.

The firm organizes its work around distinct business lines, each serving different investment needs. Its real estate and private equity teams pursue deals across North America, Europe, and Asia, touching industries such as financial services, healthcare, life sciences, technology, consumer goods, shipping, and energy. Private equity activity includes sizable buyouts, growth equity, distressed situations, and platforms built by combining multiple acquisitions under one management structure, often with a multi-year investment horizon. Its credit arm focuses on loans and securities from non-investment grade issuers spanning the capital structure, while its hedge fund business offers both pooled and customized fund options.

Founded in 1985, Blackstone is headquartered in New York City and maintains offices across Asia, Europe, and North America. Its shares are listed on the NYSE under the ticker BX.

Listed
NYSE
Sector
Finance
Industry
Investment managers
Website
blackstone.com

Blackstone GekkoIndex: the smart money zone

Blackstone’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 68.7, in the Accumulation zone, up 0.5 points over five sessions.

010068.7Accumulation

Up 0.5 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying38−0.1%−2.4%−5.5%+2.2%
Accumulation (current zone)201−0.6%0.0%+0.3%+1.1%
Neutral372+0.7%+1.0%+2.0%+1.7%
Distribution48+0.1%−0.4%−0.6%+5.2%
Selling3Too few readings yet

Average BX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the BX price, zone by zone.Track BX in Gekko

Is Blackstone stock overvalued? Gekko Fair Value

Blackstone trades 9.5% below Gekko Fair Value of $138.15, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Blackstone shares are worth, recalculated every trading day.

$138.15

Gekko Fair Value, Sep 19, 2026

9.5% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open BX in Gekko

Blackstone insider and Congress trading

Insiders filed 4 open-market purchases in Blackstone worth $27.25M, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

$27.25Min 4 open-market purchases

FiledInsiderTypeSharesValue
Aug 24Blackstone Holdings IV L.P.
10 percent owner
Purchase765,111$20.00M
Aug 24Blackstone Holdings IV L.P.
10 percent owner
Purchase248,661$6.50M
Aug 24Blackstone Holdings IV L.P.
10 percent owner
Purchase23,981$627K
Aug 24Blackstone Holdings IV L.P.
10 percent owner
Purchase4,782$125K

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in BX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for BX, plotted on the chart in Gekko.Open BX in Gekko

Buybacks

Blackstone has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$42.21M
As a share of market cap
0.03%
Trailing four quarters
$285.7M

From company filings.

Unusual options activity last 30 days

1signal, 2% of the flagged premium in calls.

Latest: Bearish flow on Sep 2, $4.94M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

1of the funds Gekko tracks holds BX.

0added0opened1trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

Blackstone earnings: next date and track record

Blackstone reports on Oct 22, 2026, before the open (32 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±5.3%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+7.9%Oct ’24−4.5%Jan ’25−7.1%Apr ’25+3.6%Jul ’25−4.4%Oct ’25−3.0%Jan ’26−6.2%Apr ’26+5.8%Jul ’26

Last earnings call, Jul 23, 2026 AI summary

What they said
Blackstone reported a strong quarter with distributable earnings up 26% year-over-year to $2.0 billion, fee related earnings up 22%, record AUM of $1.35 trillion (up 11% YoY) and nearly $70 billion of inflows in the quarter. Management emphasized that AI-related investments (data centers, energy/power, frontier AI companies) were a primary driver of performance, fundraising momentum and deployment activity. Fee revenue growth was broad-based across Private Equity, Real Estate, BXMA and Credit, with transaction and advisory fees at a record $321 million in Q2. Management highlighted strength across institutional, insurance and wealth channels, significant dry powder (notably $84 billion in credit), expanding perpetual strategies (e.g., BXP, BREIT, BX Infra) and improving realization dynamics (IPOs, selective M&A) that should drive future performance revenues. The firm reiterated its capital return policy (aim to return substantially all cash earnings via dividends and buybacks) and discussed the unique opportunity in AI/compute and data center infrastructure. In Q&A management sounded confident and detailed on drivers of future fee growth, realizations, data center economics and insurance partnerships, while acknowledging macro/geopolitical uncertainty and sector-specific headwinds (software/information services, rate sensitivity).
Guidance
Management provided forward-looking commentary including: expectation of about double-digit growth in base management fees next year; continued confidence in top-line growth and operating leverage but no specific margin targets; expectation of increased realizations into the end of the year and into 2027 as IPO and M&A markets strengthen; continued fundraising momentum across institutional, wealth and insurance channels. (No formal numerical EPS or revenue guidance beyond the management-fee growth expectation was provided.)
Risks flagged
Management cited geopolitical volatility and macro uncertainty (wars, elevated interest rates) as background risks. They noted uneven recovery in realizations, quarter-to-quarter variability (lumpiness) in transaction fees, ongoing redemption/noise in BCRED earlier in the year (though improving), and areas of the market (software, professional information services) where transaction activity remains muted. Supply constraints (e.g., chips, power, entitlements) create both opportunity and potential execution challenges.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 23, 2026$1.52
est $1.33
+14.3%$3.80B
est $3.42B
+11.1%+5.8%
Apr 23, 2026$1.36
est $1.34
+1.7%$3.43B
est $3.41B
+0.7%−6.2%
Jan 29, 2026$1.75
est $1.53
+14.4%$3.94B
est $3.68B
+7.1%−3.0%
Oct 23, 2025$1.52
est $1.23
+23.6%$2.81B
est $3.11B
−9.6%−4.4%
Jul 24, 2025$1.21
est $1.10
+10.0%$3.71B
est $2.79B
+33.2%+3.6%
Apr 17, 2025$1.09
est $1.05
+3.8%$2.94B
est $2.75B
+7.0%−7.1%
Jan 30, 2025$1.69
est $1.48
+14.2%$2.81B
est $3.79B
−25.8%−4.5%
Oct 17, 2024$1.01
est $0.92
+9.8%$3.65B
est $2.41B
+51.2%+7.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Blackstone stock forecast and analyst price targets

Analysts’ average 12-month price target for Blackstone is $144.38, +15.5% from the last close, from 15 firms rating the stock in the last 90 days.

$144.38consensus 12-month target, +15.5% from the last close
Low $119High $184
Buy9
Hold6
Sell0

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 16BarclaysHold, maintained$128+2.4%
Aug 31TD CowenBuy, maintained$154+23.2%
Aug 27OppenheimerBuy, maintained$171+36.8%
Aug 6TD CowenBuy, maintained$154+23.2%
Jul 29Argus ResearchBuy, reiterated$150+20.0%
+0.3%average 20-day move after past Accumulation readings
−5.9%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Blackstone seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Blackstone averaged −5.9% across the last 5 years, rising in 1 of them.

Next 20 trading days, by year

−0.1%2021−7.3%2022−8.5%2023+6.3%2024−16.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−5.8%0 of 5
Next 10 trading days−8.4%0 of 5
Next 15 trading days−9.7%0 of 5
Next 20 trading days−5.9%1 of 5
Next 30 trading days−4.8%2 of 5

For scale, BX’s typical 20-trading-day move in either direction is about 8%.

Blackstone market cap and key statistics

Blackstone’s market cap is $151.0B, with a P/E ratio of 27.6 and revenue of $15.48B over the last twelve months.

Valuation

Market cap
$151.0B
P/E ratio
27.6
Forward P/E
16.5
EPS, TTM
$4.54
Gekko Fair Value
$138.15

Trading

Volume
5.95M
Avg volume, 20 days
3.34M
52-week high
$190.09
52-week low
$101.73
Shares outstanding
750.6M

Financials

Revenue, TTM
$15.48B
Profit margin
22.7%
Return on equity
31.4%
Quarterly earnings growth, YoY
+57.3%

Risk and income

Beta
1.56
Typical daily move
±3.3%
Typical 20-day move
±8%
Dividend yield
4.24%

Blackstone peers

Blackstone’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
MSMorgan Stanley+0.2%Accumulation9.3% below
UBSUBS−0.2%Accumulation6.1% below
BLKBlackRock+2.2%Accumulation10.3% below
KKRKKR+1.3%Accumulation13.2% below
BNBrookfield+1.1%Buying19.9% below
BAMBrookfield Asset Management+1.7%Buying12.7% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Blackstone stock FAQ

What is Blackstone’s market cap?

Blackstone’s market cap is $151.0B at the Sep 18, 2026 close of $124.96, with 750.6M shares outstanding. The shares trade on a P/E ratio of 27.6.

What is the Blackstone stock forecast?

The consensus analyst 12-month price target for Blackstone is $144.38, +15.5% from the last close. Of the 15 firms that rated the stock in the last 90 days, 9 rate it a buy, 6 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Blackstone stock overvalued or undervalued?

On Gekko’s estimate Blackstone is undervalued: the Sep 18, 2026 close of $124.96 is 9.5% below Gekko Fair Value of $138.15. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Blackstone report earnings next?

Blackstone is expected to report on Oct 22, 2026, before the market opens (32 days away). Analysts expect earnings of $1.36 per share on revenue of $3.45B. Blackstone beat the earnings estimate in 8 of its last 8 reports, moving 5.3% on average across the report.

What is Blackstone’s 52-week high and low?

Blackstone’s 52-week high is $190.09 and its 52-week low is $101.73; it closed at $124.96 on Sep 18, 2026, −31.9% over the past year.

Is Blackstone stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and smart money) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in Blackstone?

Gekko flagged 1 unusual options signal in Blackstone over the last 30 days, with $121K of flagged premium in calls and $4.82M in puts. The latest, bearish flow, was on Sep 2, 2026 with $4.94M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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