BX Stock Overview

An alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. More details

BX fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	6/6
Past Performance	5/6
Financial Health	2/6
Dividends	2/6

Rewards

Earnings are forecast to grow 27.93% per year

Earnings grew by 23.8% over the past year

Risk Analysis

Dividend of 1.74% is not well covered by earnings or free cash flows

Has a high level of debt

Significant insider selling over the past 3 months

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Analyst Price Target

Consensus Narrative from 20 Analysts

Data Center Expansion And AI Demand Will Deliver Outstanding Growth And Transform The Asset Manager Into A Digital Infrastructure Powerhouse

Key Takeaways Strategic acquisitions and expansion in data centers strengthen Blackstone's market position, leveraging AI demand to drive revenue and margin growth. Growth in private credit and real estate holdings suggests an opportunity for increased revenue, enhanced margins, and sustained earnings growth through diverse investments.

View narrative

US$175.10

9.9% overvalued

21.29%

Revenue growth p.a.

Updated

Blackstone Inc. Competitors

BlackRock

NYSE:BLK

US$163.7b

KKR

NYSE:KKR

US$134.8b

Ares Management

NYSE:ARES

US$55.1b

Bank of New York Mellon

NYSE:BK

US$58.6b

Price History & Performance

Summary of share price highs, lows and changes for Blackstone
Historical stock prices
Current Share Price	US$192.41
52 Week High	US$200.96
52 Week Low	US$112.44
Beta	1.5
1 Month Change	5.05%
3 Month Change	31.34%
1 Year Change	60.68%
3 Year Change	50.47%
5 Year Change	252.27%
Change since IPO	448.80%

Blackstone: My No. 1 Investment Of All-Time

Nov 30

Blackstone: Taking Profit On Sharp Rally And Recycling Capital (Rating Downgrade)

Nov 23

Recent updates

Blackstone: My No. 1 Investment Of All-Time

Nov 30

Blackstone: Taking Profit On Sharp Rally And Recycling Capital (Rating Downgrade)

Nov 23

Shareholder Returns

	BX	US Capital Markets	US Market
7D	3.7%	-0.1%	-0.2%
1Y	60.7%	45.1%	28.8%

Return vs Industry: BX exceeded the US Capital Markets industry which returned 45.1% over the past year.

Return vs Market: BX exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is BX's price volatile compared to industry and market?
BX volatility
BX Average Weekly Movement	3.9%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: BX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BX's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	4,735	Steve Schwarzman	www.blackstone.com

Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage, seed, middle market, mature, late venture and later stage companies. It also provide capital markets services.

Blackstone Inc. Fundamentals Summary

How do Blackstone's earnings and revenue compare to its market cap?
BX fundamental statistics
Market cap	US$231.58b
Earnings (TTM)	US$2.22b
Revenue (TTM)	US$11.14b

66.4x

P/E Ratio

13.3x

P/S Ratio

Is BX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BX income statement (TTM)
Revenue	US$11.14b
Cost of Revenue	US$527.52m
Gross Profit	US$10.61b
Other Expenses	US$8.39b
Earnings	US$2.22b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.90
Gross Margin	95.26%
Net Profit Margin	19.97%
Debt/Equity Ratio	60.1%

How did BX perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

119%

Payout Ratio

BX Stock Overview

Rewards

Risk Analysis

Data Center Expansion And AI Demand Will Deliver Outstanding Growth And Transform The Asset Manager Into A Digital Infrastructure Powerhouse

Blackstone Inc. Competitors

NYSE:BLK

US$163.7b

NYSE:KKR

US$134.8b

NYSE:ARES

US$55.1b

NYSE:BK

US$58.6b

Price History & Performance

Recent News & Updates

Alpha Wave, Two Others Reportedly Eye 15% Stake in Haldiram

Blackstone Announces New Executive Appointments

Insufficient new directors

Blackstone: My No. 1 Investment Of All-Time

Unknown funds managed by Blackstone Inc. (NYSE:BX) entered into a definitive agreement to acquire an unknown majority stake in JJ tools Co.Ltd. from Kamur Private Equity.

Blackstone: Taking Profit On Sharp Rally And Recycling Capital (Rating Downgrade)

Recent updates

Alpha Wave, Two Others Reportedly Eye 15% Stake in Haldiram

Blackstone Announces New Executive Appointments

Insufficient new directors

Blackstone: My No. 1 Investment Of All-Time

Unknown funds managed by Blackstone Inc. (NYSE:BX) entered into a definitive agreement to acquire an unknown majority stake in JJ tools Co.Ltd. from Kamur Private Equity.

Blackstone: Taking Profit On Sharp Rally And Recycling Capital (Rating Downgrade)

Blackstone Inc. (NYSE:BX) has reached an agreement to acquire an unknown majority stake in Jersey Mike's Franchise Systems, Inc.

Private-Equity Owners of Diligent Reportedly Explore $7-Billion Sale

Blackstone Reportedly Eyes 20% Stake in Haldiram's Snacks At $8 Billion Valuation

Blackstone Inc. Announces Resignation of Kelly A. Ayotte as Member of the Board of Directors, Effective November 14, 2024

Aster DM Healthcare and Quality Care India Merger Talks Reportedly Enters Final Lap

Chief Legal Officer recently sold US$7.4m worth of stock

Chief Legal Officer notifies of intention to sell stock

Blackstone Announces Leadership Transition

Blackstone Reportedly in Advanced Talks to Acquire Shopping Center Owner Retail Opportunity

Price target increased by 7.4% to US$166

PE Firms Reportedly to Circle German Vitamin Supplement Maker Orthomol

New minor risk - Shareholder dilution

Blackstone (NYSE:BX) Is Increasing Its Dividend To $0.86

Third quarter dividend of US$0.86 announced

Monopoly Master: Why It Seems Pointless To Bet Against Blackstone

Haldiram Snacks Promoters Reportedly Seeks to Offload 10% - 15% Stake

Price target increased by 7.5% to US$154

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Blackstone Inc. Declares Quarterly Dividend for Common Stockholders, Payable on November 4, 2024

TPG and Blackstone Reportedly Team Up to Bid for Bausch + Lomb

Blackstone: Fundamental Resilience Met With Questionable Valuation

Board Member notifies of intention to sell stock

Brookfield Reportedly Eyes Singapore Post

Brookfield Reportedly Eyes Singapore Post

Bidding for Haldiram’s Grinds to A Halt as PEs, Owners Differ over Valuations

Multiple Reportedly Line-Up for Singapore Post's Aussie Assets

Investors Interested In Blackstone Inc.'s (NYSE:BX) Earnings

A consortium of buyers entered into a definitive agreement to acquire 88% stake in AirTrunk Operating Pty Ltd from Public Sector Pension Investment Board and Macquarie Asset Management Inc. for an enterprise value of AUD 24 billion.

Blackstone to Buy Australia's AirTrunk in $16 Billion Deal

Blackstone Reportedly Nears $13.5 Billion Deal to Buy AirTrunk

Blackstone, GIC Reportedly Among 10 Bidders in Fray for LOGOS India's Three Assets

Blackstone: Key Multiples Keep Expanding (Rating Downgrade)

Lendlease Global Commercial REIT (SGX:JYEU) and Warburg Pincus LLC acquired Portfolio of Industrial Assets in Singapore from Blackstone Inc. (NYSE:BX) and Soilbuild Group chairman Lim Chap Huat.

Lendlease Global Commercial REIT (SGX:JYEU) and Warburg Pincus LLC acquired Portfolio of Industrial Assets in Singapore from Blackstone Inc. (NYSE:BX) and Lim Chap Huat.

Blackstone: Aggressive Deployment Boosts Outlook For Earnings (Rating Upgrade)

Waiting Game for Blackstone with Low-Ball Offer for Iress Up in Air

Universities Superannuation Scheme Limited acquired Sage Housing Limited from an undisclosed funds managed by Blackstone Inc. (NYSE:BX), and Regis Group (Holdings) Limited for approximately £410 million.

Chief Legal Officer recently sold US$4.6m worth of stock

Chief Legal Officer notifies of intention to sell stock

Blackstone Inc. (NYSE:BX) agreed to acquire an unknown majority stake in Westwood Professional Services, Inc. from Endurance Partners.

Insider recently sold US$1.3m worth of stock

Blackstone Reportedly in Talks with the Promoters of Aster DM Healthcare to Merge Quality Care India with Aster

Canadians Reportedly Set to Join Blackstone's Data Centre Hunt

Blackstone Inc. (NYSE:BX) completed the acquisition of additional 33.1% stake in Infocom Corporation (TSE:4348) for ¥110 billion in a tender offer transaction.

Blackstone Reportedly Makes Move for INR 400,000 Million Entry into Indian Snacks Market, to Acquire 51% Stake in Haldiram's

Playing Real-Life Monopoly With Blackstone

Second quarter dividend of US$0.82 announced

Second quarter 2024 earnings: EPS misses analyst expectations

Blackstone Inc. Declares Quarterly Dividend, Payable on August 5, 2024

Blackstone Inc. (NYSE:BX) agreed to acquire Trystar, LLC.

Blackstone Infrastructure Partners, L.P., managed by Blackstone Inc. (NYSE:BX) has reached an agreement to acquire an additional 30.2% stake in Tallgrass Energy, LP from Enagás, S.A. (BME:ENG) for $1.1 billion.

Blackstone Infrastructure Partners, L.P., managed by Blackstone Inc. (NYSE:BX) has reached an agreement to acquire an additional 30.2% stake in Tallgrass Energy, LP from Enagás, S.A. (BME:ENG) for $1.1 billion.