Blackstone (BX) Stock Forecast, Price Target & Predictions
BX Stock Forecast
Blackstone stock forecast is as follows: an average price target of $139.38 (represents a -24.67% downside from BX’s last price of $185.03) and a rating consensus of 'Hold', based on 16 wall street analysts offering a 1-year stock forecast.
BX Price Target
The average price target for Blackstone (BX) is $139.38 based on 1-year price targets from 16 Wall Street analysts in the past 3 months, with a price target range of $181.00 to $95.00. This represents a potential -24.67% downside from BX's last price of $185.03.
BX Analyst Ratings
According to 16 Wall Street analysts, Blackstone's rating consensus is 'Hold'. The analyst rating breakdown for BX stock is 0 'Strong Buy' (0.00%), 7 'Buy' (43.75%), 9 'Hold' (56.25%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Blackstone Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 18, 2024 | Glenn Schorr | Evercore ISI | $181.00 | $169.73 | 6.64% | -2.18% |
| Oct 18, 2024 | Etinenne Ricard | BMO Capital | $134.00 | $169.73 | -21.05% | -27.58% |
| Oct 18, 2024 | Alexander Blostein | Goldman Sachs | $150.00 | $169.73 | -11.62% | -18.93% |
| Oct 14, 2024 | Glenn Schorr | Evercore ISI | $155.00 | $153.04 | 1.28% | -16.23% |
| Oct 07, 2024 | Benjamin Budish | Barclays | $155.00 | $151.92 | 2.03% | -16.23% |
| Jul 19, 2024 | Etinenne Ricard | BMO Capital | $112.00 | $138.59 | -19.19% | -39.47% |
| Jul 19, 2024 | Crispin Love | Piper Sandler | $149.00 | $136.41 | 9.23% | -19.47% |
| Jul 10, 2024 | Benjamin Budish | Barclays | $126.00 | $121.28 | 3.89% | -31.90% |
| Apr 19, 2024 | Alexander Blostein | Goldman Sachs | $123.00 | $119.01 | 3.35% | -33.52% |
| Apr 19, 2024 | Vikram Gandhi | HSBC | $122.00 | $119.01 | 2.51% | -34.06% |
The latest Blackstone stock forecast, released on Oct 18, 2024 by Glenn Schorr from Evercore ISI, set a price target of $181.00, which represents a 6.64% increase from the stock price at the time of the forecast ($169.73), and a -2.18% decrease from BX last price ($185.03).
Blackstone Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 16 |
| Avg Price Target | - | $155.00 | $135.81 |
| Last Closing Price | $185.03 | $185.03 | $185.03 |
| Upside/Downside | -100.00% | -16.23% | -26.60% |
In the current month, the average price target of Blackstone stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Blackstone's last price of $185.03. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 11, 2024 | Guggenheim | - | Neutral | Downgrade |
| Oct 18, 2024 | BMO Capital | Perform | Perform | Hold |
| Oct 18, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 18, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Oct 18, 2024 | BMO Capital | Market Perform | Market Perform | Hold |
| Oct 18, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 15, 2024 | BTIG | - | Perform | Upgrade |
| Oct 14, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 10, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 09, 2024 | Piper Sandler | Overweight | Neutral | Downgrade |
Blackstone's last stock rating was published by Guggenheim on Nov 11, 2024. The company Downgrade its BX rating from "null" to "Neutral".
Blackstone Financial Forecast
Blackstone Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.37B | $2.46B | $1.30B | $1.52B | $974.09M | $760.52M | $3.88B | $4.23B | $4.46B | $3.86B | $4.10B | $2.78B | $2.44B | $2.13B | $-2.13B | $1.66B | $1.47B |
| Avg Forecast | $5.02B | $4.34B | $3.93B | $3.88B | $4.23B | $3.78B | $3.44B | $3.26B | $3.67B | $2.41B | $2.58B | $2.57B | $2.46B | $2.60B | $2.43B | $2.48B | $2.71B | $2.37B | $3.57B | $2.90B | $3.34B | $2.29B | $1.92B | $1.82B | $2.18B | $1.45B | $1.13B | $1.38B | $1.62B | $1.41B |
| High Forecast | $5.49B | $4.75B | $4.30B | $4.25B | $4.63B | $4.13B | $3.76B | $3.43B | $4.03B | $2.64B | $2.58B | $2.57B | $2.96B | $2.84B | $2.66B | $2.71B | $2.96B | $2.37B | $3.57B | $2.90B | $3.34B | $2.29B | $1.92B | $1.82B | $2.18B | $1.45B | $1.13B | $1.38B | $1.62B | $1.41B |
| Low Forecast | $4.58B | $3.96B | $3.59B | $3.55B | $3.86B | $3.45B | $3.14B | $3.00B | $3.27B | $2.20B | $2.58B | $2.56B | $2.03B | $2.37B | $2.22B | $2.27B | $2.47B | $2.37B | $3.57B | $2.90B | $3.34B | $2.29B | $1.92B | $1.82B | $2.18B | $1.45B | $1.13B | $1.38B | $1.62B | $1.41B |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.01% | 0.52% | 0.56% | 0.41% | 0.21% | 1.34% | 1.27% | 1.95% | 2.01% | 2.25% | 1.28% | 1.68% | 1.88% | -1.54% | 1.02% | 1.05% |
Blackstone's average Quarter revenue forecast for Dec 23 based on 5 analysts is $2.46B, with a low forecast of $2.03B, and a high forecast of $2.96B. BX's average Quarter revenue forecast represents a 3.87% increase compared to the company's last Quarter revenue of $2.37B (Sep 23).
Blackstone EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $699.48M | $824.54M | $237.93M | $531.85M | $191.93M | $95.46M | $1.79B | $1.91B | $1.93B | $1.66B | $1.81B | $1.08B | $952.97M | $772.71M | $-1.17B | $590.53M | $693.76M |
| Avg Forecast | $822.40M | $711.58M | $644.37M | $636.79M | $694.04M | $619.46M | $563.12M | $534.85M | $602.18M | $395.48M | $423.41M | $1.30B | $403.04M | $426.47M | $398.60M | $1.18B | $1.58B | $882.24M | $1.33B | $1.07B | $1.25B | $852.49M | $717.08M | $1.33B | $811.35M | $541.59M | $422.69M | $-1.26B | $605.48M | $524.62M |
| High Forecast | $899.22M | $778.05M | $704.55M | $696.27M | $758.86M | $677.32M | $615.72M | $562.49M | $660.66M | $432.42M | $423.41M | $1.56B | $485.92M | $466.31M | $435.83M | $1.41B | $1.90B | $882.24M | $1.33B | $1.29B | $1.25B | $852.49M | $717.08M | $1.60B | $811.35M | $541.59M | $422.69M | $-1.01B | $605.48M | $524.62M |
| Low Forecast | $750.57M | $649.43M | $588.08M | $581.17M | $633.42M | $565.36M | $513.93M | $492.58M | $535.80M | $360.94M | $423.41M | $1.04B | $333.16M | $389.22M | $363.78M | $943.10M | $1.26B | $882.24M | $1.33B | $857.36M | $1.25B | $852.49M | $717.08M | $1.07B | $811.35M | $541.59M | $422.69M | $-1.51B | $605.48M | $524.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.64% | 2.07% | 0.20% | 0.34% | 0.22% | 0.07% | 1.67% | 1.53% | 2.27% | 2.32% | 1.36% | 1.33% | 1.76% | 1.83% | 0.93% | 0.98% | 1.32% |
5 analysts predict BX's average Quarter EBITDA for Dec 23 to be $403.04M, with a high of $485.92M and a low of $333.16M. This is -42.38% lower than Blackstone's previous annual EBITDA (Sep 23) of $699.48M.
Blackstone Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $551.99M | $1.20B | $210.68M | $557.85M | $3.70M | $-255.75M | $2.50B | $2.94B | $1.40B | $1.31B | $1.75B | $1.81B | $794.72M | $568.27M | $-1.07B | $978.39M | $779.44M |
| Avg Forecast | $1.52B | $1.33B | $1.26B | $1.19B | $1.29B | $1.15B | $1.05B | $983.31M | $1.09B | $697.26M | $754.47M | $893.08M | $729.23M | $778.14M | $709.68M | $811.89M | $1.16B | $757.43M | $1.09B | $738.09M | $1.08B | $687.60M | $608.19M | $1.29B | $693.57M | $445.13M | $334.03M | $-1.15B | $509.23M | $412.48M |
| High Forecast | $1.70B | $1.49B | $1.41B | $1.33B | $1.45B | $1.29B | $1.18B | $1.05B | $1.25B | $781.93M | $754.47M | $1.07B | $863.17M | $872.62M | $795.85M | $974.27M | $1.39B | $757.43M | $1.09B | $885.70M | $1.08B | $687.60M | $608.19M | $1.55B | $693.57M | $445.13M | $334.03M | $-921.45M | $509.23M | $412.48M |
| Low Forecast | $1.34B | $1.17B | $1.12B | $1.05B | $1.14B | $1.02B | $934.16M | $922.80M | $902.16M | $618.08M | $754.46M | $714.47M | $625.05M | $689.78M | $629.09M | $649.52M | $925.24M | $757.43M | $1.09B | $590.47M | $1.08B | $687.60M | $608.19M | $1.03B | $693.57M | $445.13M | $334.03M | $-1.38B | $509.23M | $412.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.71% | 1.70% | 0.26% | 0.48% | 0.00% | -0.23% | 3.38% | 2.73% | 2.04% | 2.15% | 1.36% | 2.62% | 1.79% | 1.70% | 0.93% | 1.92% | 1.89% |
Blackstone's average Quarter net income forecast for Dec 23 is $729.23M, with a range of $625.05M to $863.17M. BX's average Quarter net income forecast represents a 32.11% increase compared to the company's last Quarter net income of $551.99M (Sep 23).
Blackstone SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $306.62M | $321.79M | $310.87M | $275.89M | $293.72M | $242.87M | $312.63M | $219.25M | $208.83M | $187.50M | $216.03M | $173.31M | $173.13M | $162.17M | $192.20M | $175.10M |
| Avg Forecast | $991.32M | $857.74M | $776.71M | $767.58M | $836.59M | $746.70M | $678.78M | $644.71M | $725.87M | $476.71M | $510.37M | $178.24M | $485.82M | $514.07M | $480.46M | $162.04M | $258.55M | $467.85M | $706.39M | $147.31M | $660.93M | $452.07M | $380.27M | $138.16M | $430.26M | $287.20M | $224.15M | $175.14M | $321.09M | $278.21M |
| High Forecast | $1.08B | $937.85M | $849.26M | $839.27M | $914.73M | $816.44M | $742.18M | $678.02M | $796.36M | $521.24M | $510.37M | $213.89M | $585.73M | $562.08M | $525.34M | $194.45M | $310.26M | $467.85M | $706.39M | $176.77M | $660.93M | $452.07M | $380.27M | $165.79M | $430.26M | $287.20M | $224.15M | $210.17M | $321.09M | $278.21M |
| Low Forecast | $904.73M | $782.81M | $708.87M | $700.53M | $763.51M | $681.47M | $619.49M | $593.76M | $645.85M | $435.07M | $510.37M | $142.59M | $401.58M | $469.17M | $438.50M | $129.63M | $206.84M | $467.85M | $706.39M | $117.85M | $660.93M | $452.07M | $380.27M | $110.53M | $430.26M | $287.20M | $224.15M | $140.12M | $321.09M | $278.21M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.98% | 0.64% | 1.99% | 1.20% | 0.59% | 0.42% | 1.65% | 0.47% | 0.48% | 0.55% | 1.36% | 0.50% | 0.60% | 0.77% | 0.93% | 0.60% | 0.63% |
Blackstone's average Quarter SG&A projection for Dec 23 is $485.82M, based on 5 Wall Street analysts, with a range of $401.58M to $585.73M. The forecast indicates a -52.30% fall compared to BX last annual SG&A of $1.02B (Sep 23).
Blackstone EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 6 | 3 | 4 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 10 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.73 | $1.59 | $0.28 | $0.75 | $0.01 | $-0.36 | $3.40 | $4.05 | $4.44 | $3.96 | $4.75 | $2.59 | $2.43 | $1.94 | $-3.85 | $1.45 | $1.73 |
| Avg Forecast | $1.97 | $1.73 | $1.64 | $1.55 | $1.68 | $1.49 | $1.37 | $1.28 | $1.42 | $0.91 | $0.98 | $0.97 | $0.95 | $1.01 | $0.92 | $0.96 | $0.95 | $0.98 | $1.42 | $1.06 | $1.40 | $0.89 | $0.79 | $0.76 | $0.90 | $0.58 | $0.43 | $0.51 | $0.66 | $0.54 |
| High Forecast | $2.21 | $1.93 | $1.84 | $1.74 | $1.88 | $1.67 | $1.54 | $1.37 | $1.63 | $1.02 | $0.98 | $0.97 | $1.12 | $1.14 | $1.04 | $1.07 | $1.06 | $0.98 | $1.42 | $1.06 | $1.40 | $0.89 | $0.79 | $0.76 | $0.90 | $0.58 | $0.43 | $0.51 | $0.66 | $0.54 |
| Low Forecast | $1.75 | $1.53 | $1.45 | $1.37 | $1.49 | $1.32 | $1.22 | $1.20 | $1.17 | $0.80 | $0.98 | $0.97 | $0.81 | $0.90 | $0.82 | $0.85 | $0.84 | $0.98 | $1.42 | $1.06 | $1.40 | $0.89 | $0.79 | $0.76 | $0.90 | $0.58 | $0.43 | $0.51 | $0.66 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.72% | 1.72% | 0.29% | 0.79% | 0.01% | -0.25% | 3.22% | 2.90% | 4.97% | 5.01% | 6.25% | 2.87% | 4.20% | 4.47% | -7.57% | 2.19% | 3.23% |
According to 5 Wall Street analysts, Blackstone's projected average Quarter EPS for Dec 23 is $0.95, with a low estimate of $0.81 and a high estimate of $1.12. This represents a 30.02% increase compared to BX previous annual EPS of $0.73 (Sep 23).
Blackstone Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TROW | T. Rowe Price Group | $117.52 | $139.00 | 18.28% | Hold |
| CG | Carlyle Group | $51.23 | $53.40 | 4.24% | Buy |
| BN | Brookfield | $56.38 | $56.61 | 0.41% | Buy |
| STT | State Street | $95.30 | $93.07 | -2.34% | Hold |
| OWL | Blue Owl Capital | $23.47 | $21.83 | -6.99% | Buy |
| CGBD | Carlyle Secured Lending | $17.52 | $16.00 | -8.68% | Hold |
| ARES | Ares Management | $171.89 | $150.11 | -12.67% | Buy |
| BX | Blackstone | $185.03 | $139.38 | -24.67% | Hold |
| APO | Apollo Global Management | $162.89 | $122.00 | -25.10% | Buy |
| KKR | KKR | $152.18 | $108.77 | -28.53% | Buy |
| TPG | TPG | $67.56 | $47.86 | -29.16% | Buy |