New insider activity at Blackstone Group ( (BX) ) has taken place on August 6, 2025.
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Director Joseph Baratta has recently sold 100,000 shares of Blackstone Group stock, amounting to a significant transaction valued at $16,736,241.
Recent Updates on BX stock
In the last 24 hours, Blackstone Group has experienced significant developments, particularly following the release of its Q2 earnings report. The company reported a record $1.2 trillion in assets under management, a 13% increase year-over-year, alongside a GAAP net income of $1.6 billion and total revenues of $3.7 billion, surpassing consensus expectations. This strong financial performance has led to several analysts raising their price targets for Blackstone. Piper Sandler increased its target due to the company’s robust earnings and strategic focus on private equity and credit, while Goldman Sachs and Morgan Stanley also raised their targets, citing the firm’s impressive asset growth and strong fee-related earnings. Despite challenges in the real estate sector, Blackstone’s strategic initiatives and record-breaking achievements in private credit and fundraising have positioned it well for future growth, contributing to the positive sentiment among analysts.
Spark’s Take on BX Stock
According to Spark, TipRanks’ AI Analyst, BX is a Neutral.
Blackstone Group’s strong financial health and positive earnings outlook drive the stock score. While technical indicators suggest caution due to overbought conditions, the firm’s robust asset management growth and strategic positioning in private credit and wealth management support a positive long-term view. The high valuation poses a risk, but is balanced by the company’s growth potential and strategic initiatives.
To see Spark’s full report on BX stock, click here.
More about Blackstone Group
YTD Price Performance: -0.63%
Average Trading Volume: 3,732,208
Technical Sentiment Signal: Strong Buy
Current Market Cap: $204.7B