Blackstone Inc. (BX)
NYSEFinancialsAsset ManagementSnapshot 2026-10-29
$120.60+3.02%
Close 2026-10-29 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-10-29
Research Workspace
Put BX beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Asset Management & Custody Banks is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue is growing steadily — about 17% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 44%, softest on free-cash-flow yield.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 37% in its worst 12-month stretch.
View RiskBX depends on growing assets under management and investment activity to sustain its earnings power. Its latest reported revenue growth was 24.0% year over year in Q2 FY2026, after no growth in Q1. The latest result missed: Q3 2026 GAAP EPS was 0.83. BX trades at 20× P/E versus the 14× peer median, near its own 21× history. The price reflects less growth than our forecast, though modest expectations leave room for the growth case. The specific risk is the Q3 miss; our model puts the next-quarter miss probability near 20%. Peer multiples imply a price about 22% below where it trades; our read remains intact. This read is provisional.
Trailing returns as of 2026-10-29. BX is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 24 analysts currently covering BX (as of Oct 2026).
Based on 11 Wall Street analysts offering 12-month price targets for BX in the last 4 months.
Continue this research
Compare BX with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
Compare now without an account. Saving and monitoring require an account.
| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| BX Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Asset Management & Custody Banks — fair value, gap to price, and forward P/E.
Compare the value case
Put BX next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Increase Realized Performance Revenues
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $120.60
The last 12 months of price, then the range of analyst 12-month targets from today’s $120.60.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Anticipated realization step-up and 2027 fee-growth target support performance revenues and FRE.
Threatens: Increase Realized Performance Revenues
Lower profit and choppy markets temper investment exits, pressuring realized performance revenues.
Threatens: Sustain Capital Deployment and Investment Activity
A sizable multifamily loan’s special servicing signals asset-level stress, but one loan is not thesis-changing.
Advances: Enhance Assets Under Management (AUM)
Closing an $8.7 billion transition fund adds substantial investment capacity and fee-generating AUM.
Advances: Sustain Capital Deployment and Investment Activity
Reported double-digit-yield chip financing opportunity could support deployment and investment returns.
Advances: Sustain Capital Deployment and Investment Activity
Reported AI chip-financing opportunity offers yield-generating deployment, though terms remain media-reported.
Advances: Sustain Capital Deployment and Investment Activity
Reported AI financing opportunity signals deployment into a large, potentially high-yielding transaction.
Advances: Sustain Capital Deployment and Investment Activity
Reuters reports a double-digit-yield AI financing deal, supporting investment activity and returns.
