Blackstone Inc. (BX)
NYSE: BX · IEX Real-Time Price · USD
123.21
+0.98 (0.80%)
At close: Jul 2, 2024, 4:00 PM
122.80
-0.41 (-0.33%)
After-hours: Jul 2, 2024, 7:23 PM EDT
Blackstone Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Blackstone stock have an average target of 123.53, with a low estimate of 94 and a high estimate of 146. The average target predicts an increase of 0.26% from the current stock price of 123.21.
Analyst Consensus: Buy
* Price targets were last updated on Apr 24, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 11 | 11 | 11 | 13 | 13 | 13 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 20 | 21 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Argus Research | Argus Research | Strong Buy Maintains $133 → $135 | Strong Buy | Maintains | $133 → $135 | +9.57% | Apr 24, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $117 → $114 | Hold | Maintains | $117 → $114 | -7.48% | Apr 19, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $141 → $132 | Strong Buy | Maintains | $141 → $132 | +7.13% | Apr 19, 2024 |
| Barclays | Barclays | Hold Reiterates $129 → $125 | Hold | Reiterates | $129 → $125 | +1.45% | Apr 19, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $105 → $100 | Hold | Maintains | $105 → $100 | -18.84% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
12.44B
from 8.02B
Increased by 54.99%
Revenue Next Year
15.18B
from 12.44B
Increased by 22.03%
EPS This Year
4.92
from 1.84
Increased by 167.24%
EPS Next Year
6.20
from 4.92
Increased by 25.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 13.3B | 16.7B | 20.0B |
| Avg | 12.4B | 15.2B | 17.0B |
| Low | 11.4B | 13.6B | 14.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 66.3% | 34.7% | 31.5% |
| Avg | 55.0% | 22.0% | 12.1% |
| Low | 42.0% | 9.3% | -2.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.28 | 6.83 | 8.32 | 6.99 | 7.89 |
| Avg | 4.92 | 6.20 | 7.25 | 6.86 | 7.74 |
| Low | 4.33 | 5.22 | 6.41 | 6.53 | 7.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 187.0% | 38.8% | 34.2% | -3.5% | 15.0% |
| Avg | 167.2% | 26.0% | 17.0% | -5.4% | 12.8% |
| Low | 135.4% | 6.2% | 3.5% | -10.0% | 7.3% |
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.