Blackstone Group (BX) AI Stock Analysis

• Market Cap: $180.81B
• Dividend Yield: 2.63%
• Average Volume (3M): 3.97M
• Price to Earnings (P/E): 42.7
• Beta (1Y): 1.43
• Revenue Growth: 31.91%
• EPS Growth: 19.86%
• Country: US
• Employees: 4,895
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 1.52
• Shares Outstanding: 737,091,700
• 10 Day Avg. Volume: 4,165,841
• 30 Day Avg. Volume: 3,966,346
• PEG Ratio: 0.49
• Price to Book (P/B): 16.09
• Price to Sales (P/S): 11.62
• P/FCF Ratio: 38.64
• Enterprise Value/Market Cap: 0.87
• Enterprise Value/Revenue: 12.57
• Enterprise Value/Gross Profit: 13.07
• Enterprise Value/Ebitda: 23.17
• 1Y Price Target: $184.73
• Price Target Upside: 25.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 13

• Rating: 69 Neutral
• Price Target: $177.00 ▲(20.70% Upside)

Blackstone's strong earnings call performance and financial growth are significant positives, but high leverage and technical indicators suggest caution. The stock's valuation appears high, which may limit upside potential. Continued focus on managing debt and cash flow will be key to sustaining growth.

Positive Factors

Revenue Growth

Blackstone's strong revenue growth, driven by robust fundraising and strategic investments, enhances its market position and financial stability.

Assets Under Management

Record AUM indicates strong investor confidence and provides a stable revenue base through management fees, supporting long-term growth.

Strategic Expansion

The launch of a defined contribution business expands Blackstone's market reach, tapping into retirement savings and enhancing growth prospects.

Negative Factors

High Leverage

High leverage increases financial risk, potentially impacting cash flow and limiting flexibility in economic downturns.

Declining Cash Flow

Declining cash flow growth may strain Blackstone's ability to fund operations and investments, affecting long-term sustainability.

Real Estate Fundraising Challenges

Challenges in real estate fundraising could limit growth in this segment, affecting overall revenue and profitability.

Blackstone Group Business Overview & Revenue Model

Company Description

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services. The real estate segment specializes in opportunistic, core+ investments as well as debt investment opportunities collateralized by commercial real estate, and stabilized income-oriented commercial real estate across North America, Europe and Asia. The firm's corporate private equity business pursues transactions throughout the world across a variety of transaction types, including large buyouts,special situations, distressed mortgage loans, mid-cap buyouts, buy and build platforms, which involves multiple acquisitions behind a single management team and platform, and growth equity/development projects involving significant majority stakes in portfolio companies and minority investments in operating companies, shipping, real estate, corporate or consumer loans, and alternative energy greenfield development projects in energy and power, property, dislocated markets, shipping opportunities, financial institution breakups, re-insurance, and improving freight mobility, financial services, healthcare, life sciences, enterprise tech and consumer, as well as consumer technologies. The firm considers investment in Asia and Latin America. It has a three year investment period. Its hedge fund business manages a broad range of commingled and customized fund solutions and its credit business focuses on loans, and securities of non-investment grade companies spread across the capital structure including senior debt, subordinated debt, preferred stock and common equity. Blackstone Inc. was founded in 1985 and is headquartered in New York, New York with additional offices across Asia, Europe and North America.

How the Company Makes Money

Blackstone generates revenue primarily through management fees and performance fees. Management fees are charged as a percentage of the assets under management (AUM) and are typically stable, providing a consistent income stream. Performance fees, also known as carried interest, are earnings derived from the profits generated by investments, which incentivize the firm to maximize returns for its investors. In addition to these core revenue streams, Blackstone benefits from strategic partnerships with various institutional investors and corporations, enabling it to access capital and investment opportunities. The firm also engages in co-investments alongside its funds, which can further enhance its earnings potential. Overall, Blackstone's diversified investment strategies and expansive global presence contribute significantly to its financial performance.

Blackstone Group Financial Statement Overview

Summary

Blackstone Group shows strong revenue growth and profitability with high margins. However, high leverage and declining cash flow growth present potential risks. Effective equity utilization is a positive, but managing debt and improving cash flow are crucial.

Income Statement

Blackstone Group's income statement shows strong growth with a revenue increase of 11.74% in the TTM period. The company maintains high profitability with a gross profit margin of 96.15% and a net profit margin of 22.96%. However, the EBIT margin has slightly decreased from 56.79% to 54.03% in the TTM, indicating a slight decline in operational efficiency.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.44, indicating significant leverage, which could pose risks if not managed properly. However, the return on equity is strong at 36.31%, showcasing effective use of equity to generate profits. The equity ratio is moderate, reflecting a balanced asset structure.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 8.32% in the TTM, which is a concern. The operating cash flow to net income ratio is low at 0.30, suggesting potential cash flow challenges. However, the free cash flow to net income ratio remains healthy at 97.02%, indicating efficient cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.47B	11.37B	7.44B	7.45B	16.85B	5.40B
Gross Profit	11.99B	10.93B	7.01B	7.13B	16.65B	5.23B
EBITDA	6.77B	6.50B	3.00B	3.53B	13.63B	2.69B
Net Income	2.86B	2.78B	1.39B	1.75B	5.86B	1.05B
Balance Sheet
Total Assets	45.37B	43.47B	40.29B	42.52B	41.20B	26.27B
Cash, Cash Equivalents and Short-Term Investments	2.24B	1.97B	2.96B	4.25B	2.12B	2.00B
Total Debt	12.93B	12.29B	12.29B	13.37B	8.71B	6.34B
Total Liabilities	24.29B	23.97B	22.21B	22.84B	19.49B	11.68B
Stockholders Equity	8.35B	8.21B	6.82B	7.66B	9.42B	6.65B
Cash Flow
Free Cash Flow	3.28B	3.42B	3.83B	6.10B	3.92B	1.82B
Operating Cash Flow	3.38B	3.48B	4.06B	6.34B	3.99B	1.94B
Investing Cash Flow	-100.70M	-61.41M	-229.65M	-235.50M	-64.32M	-166.82M
Financing Cash Flow	-3.34B	-4.50B	-5.05B	-3.79B	-3.78B	-2.24B

Blackstone Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 146.64
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BX, the sentiment is Negative. The current price of 146.64 is below the 20-day moving average (MA) of 157.58, below the 50-day MA of 168.44, and below the 200-day MA of 155.56, indicating a bearish trend. The MACD of -5.68 indicates Positive momentum. The RSI at 28.55 is Positive, neither overbought nor oversold. The STOCH value of 9.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BX.

Blackstone Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BLK	―	$176.70B	27.83	―	1.91%	15.96%	-3.84%
BX	―	$180.81B	42.71	35.17%	2.63%	31.91%	19.86%
CG	―	$19.29B	15.56	23.07%	2.63%	101.10%	―
Sector *	―	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
ARES	―	$48.12B	86.11	13.92%	2.88%	45.89%	-9.53%
TPG	―	$20.96B	―	2.55%	3.47%	43.48%	-24.02%
KKR	―	$105.43B	56.75	8.22%	0.61%	-24.62%	-48.96%

Blackstone Group Corporate Events

Blackstone Group’s Strong Q3 2025 Financial Performance

Blackstone Group L.P., the world’s largest alternative asset manager, focuses on delivering strong returns for institutional and individual investors through investments in real estate, private equity, credit, infrastructure, and more, managing over $1.2 trillion in assets.

Blackstone’s Earnings Call: Strong Growth Amid Challenges

Blackstone Group L.P. Earnings Call Highlights Strong Performance Amid Challenges

Blackstone Group Secures $4.325 Billion Credit Facility

On October 16, 2025, Blackstone Holdings Finance Co. L.L.C. and its guarantors entered into a $4.325 billion amended and restated revolving credit facility with Citibank, extending the maturity date to October 16, 2030, and increasing the required minimum fee-generating assets under management to $355.0 billion. This move is expected to enhance Blackstone’s financial flexibility and strengthen its market position by aligning its credit facility terms with its growth in managed assets.

The most recent analyst rating on (BX) stock is a Hold with a $171.00 price target. To see the full list of analyst forecasts on Blackstone Group stock, see the BX Stock Forecast page.

Blackstone Reports $525M Revenue from Realizations

On September 24, 2025, Blackstone announced a preliminary estimate of over $525 million in revenue from realization activities between July 1 and September 24, 2025. This figure, primarily from Realized Performance Revenues, may not reflect the total for the quarter ending September 30, 2025, as further gains or losses could occur.

The most recent analyst rating on (BX) stock is a Hold with a $181.00 price target. To see the full list of analyst forecasts on Blackstone Group stock, see the BX Stock Forecast page.