NYSE:BXCapital Markets
Blackstone (BX) Stock Could Be 18% Overvalued On Fresh AI Data Center News
Blackstone stock has delivered a strong 53.9% gain over the past three years. However, both the intrinsic value estimate from the Excess Returns model and the market multiple checks currently point to the shares trading at a premium rather than as a clear bargain.
Over the last three years Blackstone has returned 53.9%, which puts recent share price weakness over the past year into the context of a longer run of strong gains.
New capital commitments and deals such as AI infrastructure...