Blackstone Inc.

NYSE:BX Stock Report

Market Cap: US$151.0b

Blackstone Future Growth

Future criteria checks 5/6

Blackstone is forecast to grow earnings and revenue by 26.2% and 15.4% per annum respectively. EPS is expected to grow by 19.2% per annum. Return on equity is forecast to be 43.8% in 3 years.

Key information

26.2%

Earnings growth rate

19.17%

EPS growth rate

Capital Markets earnings growth11.5%
Revenue growth rate15.4%
Future return on equity43.78%
Analyst coverage

Good

Last updated27 Apr 2026

Recent future growth updates

No updates

Recent updates

Narrative Update • Apr 21

BX: Future Fee Pressures And AI Deal Pipeline Will Shape Execution Risks

Analysts have reduced the Blackstone fair value estimate from $156 to $118, citing lower assumed revenue growth, slimmer profit margins, and a more conservative future P/E multiple in light of recent price target cuts across several firms, alongside one upgrade highlighting share price dislocation. Analyst Commentary Recent Street research on Blackstone reflects a mix of cautious and constructive views, with several bearish analysts trimming price targets while a few larger banks and an upgrade highlight more balanced or supportive stances.
Seeking Alpha • Apr 20

Wall Street Lunch: Jersey Mike's Eyes $1B IPO To Fuel Global Sandwich Spree

Summary Jersey Mike's targets a $1B IPO at a $12B valuation, positioning it among the top U.S. restaurant companies. The IPO aims to fund aggressive international expansion, including 400 new stores in the UK and Ireland. TopBuild (BLD) is surging after agreeing to be acquired by QXO (QXO) in a deal valued at roughly $17B. AMD (AMD), Intel (INTC) and Lattice Semiconductor (LSCC) received a boost ahead of earnings after Stifel raised price targets on all three. PepsiCo is repositioning Gatorade for broader hydration needs, expanding its target market beyond athletes. Read the full article on Seeking Alpha
New Narrative • Apr 08

Blackstone Inc. (BX): The "Global Landlord" Powering the AI Infrastructure Supercycle

Blackstone Inc. (BX) , the world’s largest alternative asset manager, closed the April 8, 2026, trading session at $117.67 USD on the NYSE.
Narrative Update • Apr 07

BX: Private Wealth And AI Exposure Will Offset Redemption Headwinds

Blackstone's updated fair value moved from about $204.21 to $202.91 per share as analysts trimmed price targets across the group, citing higher redemption activity in BCRED, softer expected management fee flows, and revised earnings assumptions for business development company exposures. Analyst Commentary Recent research updates around Blackstone point to a mix of caution on near term flows and fees, paired with ongoing interest in the firm's scale positions across alternatives and private wealth.
Narrative Update • Mar 24

BX: Private Wealth Platform Will Offset Redemption Pressure Over Time

Blackstone's updated fair value estimate has shifted higher to $204.21, with analysts pointing to mixed signals from BCRED redemption and fee headwinds on one side, and ongoing support for the broader alternatives and private wealth platform on the other, as key drivers of the revised price target framework. Analyst Commentary Recent research on Blackstone has centered on BCRED redemption activity, fee sensitivity and how these factors feed into valuation for a large alternatives platform.
Narrative Update • Mar 09

BX: AI Exposure And Active Deal Pipeline Will Support Future Resilience

Analysts trimmed our Blackstone fair value estimate to $162.26 per share from $166.72, reflecting a slightly higher discount rate, a modestly lower future P/E assumption of 15.62, and recent Street concerns around weaker flows and management fee headwinds linked to BCRED redemptions. Analyst Commentary Recent research paints a mixed picture for Blackstone, with price targets and commentary clustering around two themes: how well the firm can manage current redemption pressures in its wealth products, and how effectively it can still grow and monetize its broader alternatives platform over time.
Narrative Update • Feb 23

BX: Large AI And Deal Pipeline Will Support Long-Term Resilience

The analyst price target for Blackstone has been trimmed by about $4 to reflect a slightly lower fair value estimate of roughly $166.72, as analysts reset their targets across alternative asset managers following recent broad based reductions from several firms. Analyst Commentary Recent Street research on Blackstone has centered on recalibrating price targets, with several firms tightening their views around execution, growth prospects, and the valuation investors are willing to pay for the business.
Narrative Update • Feb 09

BX: New Large Deals And Realizations Will Support Long-Term Resilience

Analysts have trimmed their price expectations for Blackstone, with the updated fair value estimate moving from about $179.78 to $171.00 as they factor in lower assumed revenue growth, a slightly reduced future P/E, and higher profit margins supported by recent target cuts from several major firms across the alternative asset manager group. Analyst Commentary Recent research on Blackstone has focused on resetting expectations rather than making wholesale calls on the business.
Analysis Article • Feb 02

Blackstone (NYSE:BX) Is Increasing Its Dividend To $1.49

Blackstone Inc. ( NYSE:BX ) has announced that it will be increasing its dividend from last year's comparable payment...
Narrative Update • Jan 25

BX: Future Deals And Fee Margins Will Balance Execution And Integration Risks

Narrative update on Blackstone Analysts have trimmed their blended price target for Blackstone by about $10 to reflect modestly lower assumed fair value and P/E multiples, while still pointing to ongoing revenue growth expectations and updated views following recent target resets at several firms. Analyst Commentary Recent Street research has tilted more cautious on Blackstone, with several bearish analysts trimming price targets and highlighting pockets of execution and deal related risk.
Narrative Update • Jan 11

BX: Future Deals And Fee Margins Will Shape Balanced Return Outlook

Narrative Update Our Blackstone analyst price target is adjusted slightly lower from $167 to $166. This reflects analysts' mixed but generally constructive research updates that balance modest target trims tied to margin and fee concerns with higher targets supported by expectations for improving realizations and a recovering capital markets backdrop.
Narrative Update • Dec 26

BX: Future Deal Activity And Fee Margins Will Drive Returns Balance

Analysts have made a modest upward revision to their Blackstone price target, raising fair value by $3 to $167 per share, as they balance slightly stronger long term growth and margin assumptions against near term concerns around fee growth and capital markets volatility. Analyst Commentary Recent Street research highlights a divided view on Blackstone, with some bearish analysts trimming price targets and stressing execution and growth risks even as others lift their expectations on the back of resilient alternative asset flows and an improving capital markets backdrop.
Narrative Update • Dec 12

BX: Mixed Fee Momentum And Deals Will Shape Future Performance Outlook

Analysts have raised their price target on Blackstone to about $164, up from roughly $125, citing expectations for faster revenue growth, stronger profit margins, and a more attractive future earnings multiple, despite mixed short term views on fee momentum and fundraising. Analyst Commentary Recent Street research presents a mixed picture, with some firms lifting long term valuation targets on expectations for a healthier capital markets backdrop, while others trim their outlooks in response to nearer term margin and fee growth pressures.
Narrative Update • Nov 08

BX: Portfolio Repositioning And New Deals Will Drive Long-Term Resilience

Analysts have slightly increased their price target for Blackstone, raising it by approximately $1 to $179.78. They cite steady forecast margins and a stable growth outlook amid mixed near-term industry views.
Analysis Article • Oct 28

Blackstone's (NYSE:BX) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Blackstone Inc. ( NYSE:BX ) has announced that it will be paying its dividend of $1.29 on the 10th of...
Narrative Update • Oct 25

Recent Partnerships And Capital Flows Will Shape New Opportunities Ahead

Blackstone's average analyst price target has been adjusted modestly lower, decreasing by approximately $3 to $178.79. Analysts cite factors such as margin pressure, shifting management fee expectations, and a mixed outlook for future results despite ongoing portfolio growth.
Narrative Update • Sep 04

Capital Inflows And Alliances Will Create Future Opportunities

Analysts maintain a positive outlook on Blackstone due to its strong positioning in private markets, increased investor interest, and expectations of structural growth, leading the consensus price target to remain unchanged at $181.68. Analyst Commentary Bullish analysts highlight long-term structural growth opportunities for Blackstone in private wealth, credit, insurance, and capital markets.
Analysis Article • Jul 28

Blackstone's (NYSE:BX) Shareholders Will Receive A Bigger Dividend Than Last Year

Blackstone Inc. ( NYSE:BX ) has announced that it will be increasing its dividend from last year's comparable payment...

Earnings and Revenue Growth Forecasts

NYSE:BX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202821,34310,0354,739N/A2
12/31/202718,9989,70610,280N/A8
12/31/202614,9617,6675,787N/A6
3/31/202614,3973,054N/AN/AN/A
12/31/202514,2133,0194,5474,663N/A
9/30/202512,7912,7083,6523,757N/A
6/30/202513,5062,8643,2803,381N/A
3/31/202512,3732,5443,5783,651N/A
12/31/202412,6632,7773,4203,482N/A
9/30/202411,1382,2244,1354,216N/A
6/30/20249,8571,9963,9534,077N/A
3/31/20249,9272,1524,4724,644N/A
12/31/20237,6841,3913,8334,057N/A
9/30/20238,2441,7973,6353,876N/A
6/30/20236,6551,2473,5123,776N/A
3/31/20234,3216173,6923,940N/A
12/31/20228,0161,7486,1016,336N/A
9/30/202211,8242,5884,6014,807N/A
6/30/202217,1543,9885,2975,428N/A
3/31/202221,9695,3264,3384,438N/A
12/31/202122,1765,8573,9223,986N/A
9/30/202120,2475,2085,0255,110N/A
6/30/202117,3254,6013,5203,641N/A
3/31/202114,6383,8603,1133,233N/A
12/31/20206,1891,0451,8241,936N/A
9/30/20204,4997802,1342,216N/A
6/30/20202,9027643,1073,159N/A
3/31/20201,8305022,7782,832N/A
12/31/20197,0592,050N/A1,963N/A
9/30/20195,4821,556N/A2,759N/A
6/30/20195,7791,219N/A3,001N/A
3/31/20196,9111,655N/A1,946N/A
12/31/20185,9971,542N/A46N/A
9/30/20188,0941,857N/A-1,735N/A
6/30/20187,9021,792N/A-3,865N/A
3/31/20186,8041,387N/A-3,949N/A
12/31/20176,9481,471N/A-1,626N/A
9/30/20176,5911,535N/A-2,434N/A
6/30/20176,2921,470N/A-1,210N/A
3/31/20175,9531,331N/A-209N/A
12/31/20164,9941,039N/A-89N/A
9/30/20164,303872N/A1,676N/A
6/30/20162,884305N/A1,044N/A
3/31/20162,916240N/A2,138N/A
12/31/20154,502710N/A2,397N/A
9/30/20155,6291,060N/A971N/A
6/30/20157,3021,566N/A1,412N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BX's forecast earnings growth (26.2% per year) is above the savings rate (3.5%).

Earnings vs Market: BX's earnings (26.2% per year) are forecast to grow faster than the US market (16.4% per year).

High Growth Earnings: BX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BX's revenue (15.4% per year) is forecast to grow faster than the US market (11.4% per year).

High Growth Revenue: BX's revenue (15.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BX's Return on Equity is forecast to be very high in 3 years time (43.8%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/06 08:18
End of Day Share Price 2026/05/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Blackstone Inc. is covered by 37 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Benjamin BudishBarclays
Roger FreemanBarclays