BX Stock Analysis: Blackstone | NYSE
Asset Management | NYSE, USA | Market Cap: 136.264m USD | 12M Return: -29.3% | US09260D1072 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 529M
EPS Trend: 97.3%
Qual. Beats: 1
Rev. Trend: 98.4%
Qual. Beats: 3
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Blackstone Inc. is a global alternative asset management firm that invests across multiple strategies, including private equity, venture capital, real estate, hedge fund solutions, credit, secondary fund of funds, and public debt and equity. The firm deploys capital across all stages of a companys lifecycle-from seed and early-stage ventures to mature buyouts and turnarounds-and pursues a wide range of transaction types such as large buyouts, recapitalizations, special situations, and growth equity investments.
Its real estate segment focuses on opportunistic and core+ investments as well as commercial real estate debt, with operations spanning North America, Europe, and Asia. Blackstone also operates fund-of-fund vehicles that allocate to private equity, venture capital, mezzanine, distressed, and real estate funds, and supports portfolio companies with in-house capital markets services.
As an alternative asset manager, Blackstones business model is built on raising capital from institutional and high-net-worth investors, then earning revenue through management fees on assets under management (AUM) and performance-based incentive fees (commonly known as carried interest) on investment gains. The firm invests across a broad set of industries including energy, financial services, consumer products, real estate, shipping, and infrastructure-related assets.
- Private credit and insurance AUM accelerate fee-related earnings growth
- BREIT redemption gates and real estate marks pressure distributable earnings
- IPO and exit market recovery boosts performance fee realizations
| Net Income: 3.52b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 1.62 > 1.0 |
| NWC/Revenue: -1.78% < 20% (prev -3.19%; Δ 1.41% < -1%) |
| CFO/TA 0.09 > 3% & CFO 4.53b > Net Income 3.52b |
| Net Debt (11.5b) to EBITDA (8.43b): 1.37 < 3 |
| Current Ratio: 0.92 > 1.5 & < 3 |
| Outstanding Shares: last quarter (783.6m) vs 12m ago 0.16% < -2% |
| Gross Margin: 88.82% > 18% (prev 96.15%; Δ -7.33% > 0.5%) |
| Asset Turnover: 33.68% > 50% (prev 27.49%; Δ 6.19% > 0%) |
| Interest Coverage Ratio: 15.58 > 6 (EBIT TTM 8.36b / Interest Expense TTM 536.5m) |
| A: -0.01 (Total Current Assets 3.20b - Total Current Liabilities 3.48b) / Total Assets 49.9b |
| B: -0.00 (Retained Earnings -18.6m / Total Assets 49.9b) |
| C: 0.18 (EBIT TTM 8.36b / Avg Total Assets 47.6b) |
| D: 0.33 (Book Value of Equity 9.01b / Total Liabilities 27.5b) |
| Altman-Z'' = 1.48 = BB |
| DSRI: 0.10 (Receivables 692.1m/5.87b, Revenue 16.0b/12.5b) |
| GMI: 1.08 (GM 96.15% / 88.82%) |
| AQI: 0.99 (AQ_t 0.90 / AQ_t-1 0.92) |
| SGI: 1.29 (Revenue 16.0b / 12.5b) |
| TATA: -0.02 (NI 3.52b - CFO 4.53b) / TA 49.9b) |
| Beneish M = -3.50 (Cap -4..+1) = AA |
As of October 07, 2026, the stock is trading at USD 113.36 with a total of 4,022,635 shares traded. Over the past week, the price has changed by -0.56%, over one month by -15.38%, over three months by -7.21% and over the past year by -29.32%.
Current recommended Stop Loss: 107.80 (which is 4.9% or 1.5 ATR below the current price).
Blackstone has received a consensus analysts rating of 3.74. Therefore, it is recommended to hold BX.
- StrongBuy: 7
- Buy: 3
- Hold: 13
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 144.4 | 27.4% |
P/E Trailing = 25.618
P/E Forward = 15.8983
P/S = 8.8007
P/B = 9.9314
P/EG = 1.0877
Revenue TTM = 16.0b USD
EBIT TTM = 8.36b USD
EBITDA TTM = 8.43b USD
Long Term Debt = 12.4b USD (from longTermDebt, last fiscal year)
Short Term Debt = 13.3b USD (from shortTermDebt, two quarters ago)
Debt = 14.0b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.5b USD (calculated: Debt 14.0b - CCE 2.51b)
Enterprise Value = 148b USD (136b + Debt 14.0b - CCE 2.51b)
Interest Coverage Ratio = 15.58 (Ebit TTM 8.36b / Interest Expense TTM 536.5m)
EV/FCF = 33.47x (Enterprise Value 148b / FCF TTM 4.42b)
FCF Yield = 2.99% (FCF TTM 4.42b / Enterprise Value 148b)
FCF Margin = 27.52% (FCF TTM 4.42b / Revenue TTM 16.0b)
Net Margin = 21.93% (Net Income TTM 3.52b / Revenue TTM 16.0b)
Gross Margin = 88.82% ((Revenue TTM 16.0b - Cost of Revenue TTM 1.79b) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 2.96 (Enterprise Value 148b / Total Assets 49.9b)
Interest Expense / Debt = 3.82% (Interest Expense 536.5m / Debt 14.0b)
Taxrate = 15.39% (1.24b / 8.07b)
NOPAT = 7.07b (EBIT 8.36b * (1 - 15.39%))
Current Ratio = 0.92 (Total Current Assets 3.20b / Total Current Liabilities 3.48b)
Debt / Equity = 1.56 (Debt 14.0b / totalStockholderEquity, last quarter 9.01b)
Debt / EBITDA = 1.37 (Net Debt 11.5b / EBITDA 8.43b)
Debt / FCF = 2.61 (Net Debt 11.5b / FCF TTM 4.42b)
Total Stockholder Equity = 8.61b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.39% (Net Income 3.52b / Total Assets 49.9b)
RoE = 40.87% (Net Income TTM 3.52b / Total Stockholder Equity 8.61b)
RoCE = 39.68% (EBIT 8.36b / Capital Employed (Equity 8.61b + L.T.Debt 12.4b))
RoIC = 15.50% (NOPAT 7.07b / Invested Capital 45.6b)
WACC = 9.70% (E(136b)/V(150b) * Re(10.37%) + D(14.0b)/V(150b) * Rd(3.82%) * (1-Tc(0.15)))
Discount Rate = 10.37% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 92.94 | Cagr: 1.36%
[DCF] Terminal Value 73.71% ; FCFF base≈3.96b ; Y1≈4.54b ; Y5≈6.68b
[DCF] Fair Price = 92.80 (EV 81.2b - Net Debt 11.5b = Equity 69.7b / Shares 750.6m; r=9.70% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.32 | EPS CAGR: 20.19% | SUE: 1.70 | # QB: 1
Revenue Correlation: 98.35 | Revenue CAGR: 30.98% | SUE: 2.79 | # QB: 3
EPS current Quarter (2026-09-30): EPS=1.36 | Chg30d=+0.00% | Revisions=-67% | Analysts=17
EPS current Year (2026-12-31): EPS=6.02 | Chg30d=-0.04% | Revisions=+57% | GrowthEPS=+8.0% | GrowthRev=+14.9%
EPS next Year (2027-12-31): EPS=7.48 | Chg30d=-0.08% | Revisions=+15% | GrowthEPS=+24.4% | GrowthRev=+23.9%
[Analyst] Revisions Ratio: +10% (up=26, down=21)