Blackstone Group: Hold Rating Amid Strong Q1 Performance and Near-Term Headwinds

Blackstone Group (BX – Research Report), the Financial sector company, was revisited by a Wall Street analyst on April 17. Analyst Michael Brown from Wells Fargo maintained a Hold rating on the stock and has a $139.00 price target.

Michael Brown has given his Hold rating due to a combination of factors including the solid performance of Blackstone Group in the first quarter of 2025, which was marked by strong management fees, fundraising, and margins. Despite these positive aspects, there are some near-term headwinds such as trade tensions and potential credit losses that could impact the company’s performance, although these challenges may resolve quickly.
Furthermore, while the long-term outlook for Blackstone remains positive, the current market conditions present challenges for multiple expansion, particularly given the earnings and assets under management mix. The company’s EPS estimates have been adjusted downward slightly due to lower expectations for exit-related realizations, although fee-related earnings estimates have increased. These factors, combined with a stable price target, contribute to the Hold rating as the valuation does not currently justify a more aggressive stance.

In another report released on April 17, 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 positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BX in relation to earlier this year.