Blackstone Inc. (BX)
NYSE: BX · IEX Real-Time Price · USD
118.40
-1.92 (-1.60%)
At close: Apr 19, 2024, 4:00 PM
118.44
+0.04 (0.03%)
After-hours: Apr 19, 2024, 7:51 PM EDT
Blackstone Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Blackstone stock have an average target of 121.84, with a low estimate of 94 and a high estimate of 146. The average target predicts an increase of 2.91% from the current stock price of 118.40.
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 | 13 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Maintains $117 → $114 | Hold | Maintains | $117 → $114 | -3.72% | Apr 19, 2024 |
| B of A Securities | B of A Securities | Strong Buy Maintains $141 → $132 | Strong Buy | Maintains | $141 → $132 | +11.49% | Apr 19, 2024 |
| Barclays | Barclays | Hold Reiterates $129 → $125 | Hold | Reiterates | $129 → $125 | +5.57% | Apr 19, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $105 → $100 | Hold | Maintains | $105 → $100 | -15.54% | Apr 19, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $144 → $145 | Buy | Maintains | $144 → $145 | +22.47% | Apr 17, 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.