Blackstone Group (BX – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Alexander Blostein from Goldman Sachs maintained a Hold rating on the stock and has a $140.00 price target.
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Alexander Blostein has given his Hold rating due to a combination of factors related to Blackstone Group’s recent financial performance and market expectations. The company’s intra-quarter realization revenue update for the second quarter of 2025 indicates a figure of over $425 million, which is slightly below the Visible Alpha Consensus Data expectation of $450 million, though it is ahead of Goldman Sachs’ own estimates. This update reflects a significant quarter-over-quarter decline of approximately 25% from the previous quarter’s realization-related revenues.
Blostein’s Hold rating also considers the valuation and growth prospects of Blackstone Group. While there are potential upside risks such as faster fundraising, new product launches, and higher realizations, there are also downside risks including a premium valuation and slowing fee-related earnings growth. The 12-month price target is set at $140, based on a sum-of-the-parts framework, reflecting a neutral stance on the stock given the current market conditions and company performance.
In another report released today, Barclays also maintained a Hold rating on the stock with a $136.00 price target.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.