The Analyst Verdict: Blackstone In The Eyes Of 11 Experts

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In the last three months, 11 analysts have published ratings on Blackstone BX, offering a diverse range of perspectives from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 0 9 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 3 0 0
2M Ago 1 0 5 0 0
3M Ago 1 0 0 0 0

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $186.27, a high estimate of $230.00, and a low estimate of $157.00. This current average reflects an increase of 7.0% from the previous average price target of $174.09.

price target chart

Investigating Analyst Ratings: An Elaborate Study

An in-depth analysis of recent analyst actions unveils how financial experts perceive Blackstone. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Benjamin Budish Barclays Lowers Equal-Weight $186.00 $192.00
Michael Brown Wells Fargo Lowers Equal-Weight $180.00 $195.00
Michael Brown Keefe, Bruyette & Woods Lowers Market Perform $174.00 $175.00
Benjamin Budish Barclays Lowers Equal-Weight $192.00 $199.00
Crispin Love Piper Sandler Raises Neutral $179.00 $168.00
Michael Brown Keefe, Bruyette & Woods Raises Market Perform $175.00 $169.00
Etienne Ricard BMO Capital Raises Market Perform $157.00 $134.00
Michael Brown Wells Fargo Raises Equal-Weight $195.00 $188.00
Benjamin Budish Barclays Raises Equal-Weight $199.00 $174.00
Bill Katz TD Cowen Raises Buy $230.00 $149.00
Brian Brungardt Deutsche Bank Raises Buy $182.00 $172.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Blackstone. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Blackstone compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Blackstone's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Blackstone's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Blackstone analyst ratings.

All You Need to Know About Blackstone

Blackstone is the world's largest alternative-asset manager with $1.108 trillion in total asset under management, including $820.5 billion in fee-earning assets under management, at the end of September 2024. The company has four core business segments: private equity (25% of fee-earning AUM and 30% of base management fees), real estate (35% and 39%), credit and insurance (31% and 24%), and multi-asset investing (9% and 7%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Unraveling the Financial Story of Blackstone

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Growth: Blackstone displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 35.15%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Blackstone's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 27.05%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 11.28%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Blackstone's ROA stands out, surpassing industry averages. With an impressive ROA of 1.88%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Blackstone's debt-to-equity ratio stands notably higher than the industry average, reaching 1.7. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Significance of Analyst Ratings Explained

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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