New York-based Blackstone Inc. (BX) is an alternative asset management firm specializing in private equity, venture capital, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity, and multi-asset class strategies. The company has a market cap of $84.1 billion and invests in early-stage, seed, middle-market, mature, late-stage venture, growth capital, emerging-growth, turnaround, and later-stage companies.
BX is expected to release its Q3 2026 earnings soon. Ahead of the event, analysts expect the company’s EPS to be $1.36 on a diluted basis, down 10.5% from $1.52 in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in each of its last four quarters.
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For fiscal 2026, analysts project the company’s EPS to be $5.98, up 7.4% from $5.57 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 26.6% year over year (YoY) to $7.57 in fiscal 2027.
www.barchart.com BX stock has fallen 33% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 14% rise and the State Street Financial Select Sector SPDR ETF’s (XLF) marginal decline during the same time frame.
www.barchart.comDespite its underperformance over the past year, BX has delivered better-than-expected Q2 2026 earnings. On July 24, the stock rose 4.4% as its revenue for the quarter came in at $3.8 billion, surpassing the Street’s estimates, pushed upwards by robust growth in its AUM, which amounted to $1.4 billion. Moreover, the company’s adjusted EPS came in at $1.52 and also topped the consensus estimates.
Analysts are somewhat bullish on BX, with the stock having a “Moderate Buy” rating overall. Among the 23 analysts covering the stock, nine are recommending a “Strong Buy,” three recommend a “Moderate Buy,” 10 suggest a “Hold,” and one suggests a “Strong Sell” for the stock. BX’s average analyst price target is $143.74, indicating an upside of 26.2% from the current levels.
On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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