Companies /Financial Services

Blackstone Inc

NYSE: BX Asset Management
$117.06
▲ $0.36 (+0.31%) today
Markets closed · 3:44am ET

24/7 Wall St. View

BX at a Glance

Valuation
Market cap
$139.5B
P/E ratio
26.0
Dividend yield
4.25%
Profitability
Revenue (TTM)
$15.5B
Profit margin
23.0%
EPS (TTM)
$4.49
Price
52-week range
$100 – $160
24/7 target
$137.42
Street target
$138.77
Earnings
Next report
Jan 27, 2027

Headquartered in New York, NY Fiscal year ends December NYSE: BX blackstone.com

About Blackstone

Blackstone is the world's largest alternative asset manager with over $1.3 trillion in assets under management. The firm operates across four primary business segments: Real Estate, Private Equity, Credit & Insurance, and Multi-Asset Investing. Its investment strategies span opportunistic and core+ real estate, corporate private equity, infrastructure, energy transition, life sciences, growth equity, secondaries, direct lending, liquid credit, and hedge fund solutions. Blackstone serves institutional and individual investors globally and has built significant perpetual capital vehicles including BREIT, BCRED, BXPE, and BXINFRA, which collectively represent approximately 48% of its fee-earning AUM. The firm also manages assets on behalf of insurance clients through its Credit & Insurance segment. Blackstone's portfolio companies are among the largest private employers globally, and the firm has increasingly positioned its investment strategies around themes such as artificial intelligence infrastructure, data centers, and energy transition. Updated

Latest Activity

Press ReleaseBroadcom

Bank of America, Blackstone, Citi and Morgan Stanley Announce Landmark $63 Billion Financing Structure to Enable AI Compute Capacity in Partnership with Broadcom

Anthropic's XPU and networking order now has committed bank capital behind it: an SPV funded by four lenders will buy the Broadcom silicon and lease it out, with deliveries starting in calendar 2027. Broadcom is providing residual value support equal to the first lien portion, so shareholders get locked-in demand visibility with some tail exposure attached.

Biggest movers · At the close
  • SPOTSpotify$582.23+10.8%
  • LCIDLucid$3.5+8.9%
  • BXBlackstone$118.69+8.3%
  • ACNAccenture$258.15+7.5%
  • NDAQNasdaq$103.09+7.3%
  • MRNAModerna$202.11-17.8%
  • COHRCoherent$207.45-12.7%
  • AAOIApplied Optoelectronics$68.18-11.8%
  • LRCXLam Research$230.24-11.7%
  • LITELumentum$754.19-11.3%

Moderna's 17.8% drop was the single biggest move at Tuesday's close, and four of the five worst performers were chip and photonics names. Spotify topped the winners.

BXBlackstone
Regular session
$116.53
+8.60%open $107.30

An 8.6% jump to $116.53 is an outsized day for an $87.5 billion asset manager, and it lands with earnings due today. That raises the bar for what the report has to deliver.

BXBlackstone
Regular session
$114.33
+6.56%open $107.30

A 6.56% intraday jump is a big move for an $85.8 billion alternative asset manager, and it lands on the same day Blackstone reports earnings. The earnings report will test whether that buying was justified.

Mad Money w/ Jim Cramer 10/13/26

  • Semis called the market's ball and chain: the VanEck chip ETF fell 7.22% over six sessions, its worst streak since May of last year
  • Cramer says Micron's China memory fears are overblown, pointing to 26 long-term take-or-pay contracts running to 2030
  • Apple stays a buy into the foldable two-screen iPhone, with new Siri devices driving memory and CPU demand
  • Wells Fargo should have been a winner on Charlie Scharf's rate-sensitive setup and next-year guidance

The call is to ignore the chip tape and look at where the silicon actually goes: Cramer argues Micron and AMD demand is real even as Korean memory pricing drags the whole group lower. He also thinks the bank selloff mispriced Wells Fargo, which makes more money if rates keep climbing.

BX Coverage

Frequently Asked Questions

What does Blackstone do?

Blackstone is the world's largest alternative asset manager with over $1.3 trillion in assets under management. The firm operates across four primary business segments: Real Estate, Private Equity, Credit & Insurance, and Multi-Asset Investing.

What is the BX stock price target?

24/7 Wall St.'s 12-month price target for BX is $137.42, rated Buy. The Wall Street consensus target is $138.77. BX price prediction →