Blackstone Inc. (BX)
NYSE: BX · IEX Real-Time Price · USD
120.32
-2.87 (-2.33%)
At close: Apr 18, 2024, 4:00 PM
119.25
-1.07 (-0.89%)
After-hours: Apr 18, 2024, 6:34 PM EDT
Blackstone Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Blackstone stock have an average target of 120.34, with a low estimate of 70.5 and a high estimate of 147. The average target predicts an increase of 0.02% from the current stock price of 120.32.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Blackstone stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 3 | 3 | 3 | 3 |
| Buy | 6 | 7 | 5 | 5 | 5 | 5 |
| Hold | 6 | 6 | 11 | 11 | 11 | 12 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 20 | 20 | 20 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $144 → $145 | Buy | Maintains | $144 → $145 | +20.51% | Apr 17, 2024 |
| UBS | UBS | Hold Maintains $135 → $138 | Hold | Maintains | $135 → $138 | +14.69% | Apr 12, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $150 → $146 | Buy | Maintains | $150 → $146 | +21.34% | Apr 10, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Apr 9, 2024 |
| Barclays | Barclays | Hold Maintains $126 → $129 | Hold | Maintains | $126 → $129 | +7.21% | Apr 8, 2024 |
Financial Forecast
Revenue This Year
12.70B
from 8.02B
Increased by 58.35%
Revenue Next Year
15.35B
from 12.70B
Increased by 20.86%
EPS This Year
5.09
from 1.84
Increased by 176.82%
EPS Next Year
6.31
from 5.09
Increased by 23.83%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.0B | 17.2B | 20.1B |
| Avg | 12.7B | 15.4B | 17.2B |
| Low | 11.6B | 13.6B | 14.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 75.1% | 35.4% | 30.9% |
| Avg | 58.3% | 20.9% | 12.3% |
| Low | 44.0% | 7.3% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.55 | 6.97 | 8.45 | 7.14 | 7.82 |
| Avg | 5.09 | 6.31 | 7.15 | 7.00 | 7.68 |
| Low | 4.46 | 5.50 | 5.49 | 6.66 | 7.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 201.9% | 36.9% | 34.0% | -0.2% | 11.7% |
| Avg | 176.8% | 23.8% | 13.4% | -2.1% | 9.6% |
| Low | 142.3% | 7.9% | -13.0% | -6.8% | 4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.