Blackstone Inc. (BX)
NYSE: BX · Real-Time Price · USD
156.57
+1.52 (0.98%)
Sep 18, 2024, 2:45 PM EDT - Market open
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Blackstone stock have an average target of 130.89, with a low estimate of 94 and a high estimate of 164. The average target predicts a decrease of -16.40% from the current stock price of 156.57.
Analyst Consensus: Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $94 | $130.89 | $134 | $164 |
| Change | -39.96% | -16.40% | -14.42% | +4.75% |
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Buy | 5 | 5 | 5 | 3 | 3 | 4 |
| Hold | 13 | 13 | 13 | 13 | 14 | 13 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 21 | 21 | 19 | 21 | 21 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Initiates $163 | Buy | Initiates | $163 | +4.11% | Sep 12, 2024 |
| Redburn Atlantic | Redburn Atlantic | Hold Initiates $134 | Hold | Initiates | $134 | -14.42% | Aug 27, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $145 → $146 | Strong Buy | Maintains | $145 → $146 | -6.75% | Aug 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $144 → $164 | Buy | Maintains | $144 → $164 | +4.75% | Jul 23, 2024 |
| Barclays | Barclays | Hold Maintains $126 → $141 | Hold | Maintains | $126 → $141 | -9.94% | Jul 19, 2024 |
Financial Forecast
Revenue This Year
12.20B
from 7.68B
Increased by 58.72%
from 7.68B
Revenue Next Year
15.07B
from 12.20B
Increased by 23.56%
from 12.20B
EPS This Year
4.68
from 1.83
Increased by 154.79%
from 1.83
EPS Next Year
6.11
from 4.68
Increased by 30.63%
from 4.68
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 7.06B | 6.19B | 22.18B | 8.02B | 7.68B | 12.20B | 15.07B | 17.32B | ||
| Revenue Growth | 17.70% | -12.32% | 258.32% | -63.85% | -4.14% | 58.72% | 23.56% | 14.96% | ||
| EPS | 3.03 | 1.48 | 8.00 | 2.35 | 1.83 | 4.68 | 6.11 | 7.20 | ||
| EPS Growth | 34.14% | -51.01% | 438.83% | -70.59% | -22.03% | 154.79% | 30.63% | 17.97% | ||
| Forward PE | - | - | - | - | - | 33.49 | 25.64 | 21.73 | ||
| No. Analysts | - | - | - | - | - | 25 | 25 | 16 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.9B | 17.2B | 20.4B |
| Avg | 12.2B | 15.1B | 17.3B |
| Low | 11.0B | 13.5B | 14.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 68.3% | 40.6% | 35.0% |
| Avg | 58.7% | 23.6% | 15.0% |
| Low | 43.1% | 10.7% | -1.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.11 | 6.87 | 8.38 | ||
| Avg | 4.68 | 6.11 | 7.20 | ||
| Low | 4.25 | 5.27 | 6.40 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 178.7% | 46.9% | 37.2% | ||
| Avg | 154.8% | 30.6% | 18.0% | ||
| Low | 131.8% | 12.8% | 4.8% |
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.
