Blackstone (NYSE:BX) Price Target Lowered to $165.00 at Citizens Jmp

Posted by Geri Gentry on Jul 9th, 2026

Blackstone (NYSE:BX – Get Free Report) had its price target cut by equities research analysts at Citizens Jmp from $190.00 to $165.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “market outperform” rating on the asset manager’s stock. Citizens Jmp’s target price suggests a potential upside of 36.47% from the company’s current price.

Several other analysts have also commented on the stock. TD Cowen reduced their price target on shares of Blackstone from $140.00 to $133.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. Sanford C. Bernstein assumed coverage on Blackstone in a research report on Monday, June 8th. They issued an “outperform” rating on the stock. Jefferies Financial Group raised their price objective on Blackstone from $143.00 to $152.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. HSBC lowered their target price on shares of Blackstone from $164.00 to $131.00 and set a “hold” rating for the company in a research note on Friday, April 10th. Finally, Argus reduced their price target on shares of Blackstone from $163.00 to $146.00 and set a “buy” rating on the stock in a research note on Tuesday, April 28th. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $148.00.

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Blackstone Stock Up 1.9%

NYSE BX opened at $120.91 on Thursday. The business’s fifty day simple moving average is $119.64 and its 200-day simple moving average is $127.19. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.66. The firm has a market cap of $89.82 billion, a PE ratio of 30.86, a P/E/G ratio of 1.31 and a beta of 1.58. Blackstone has a 52 week low of $101.73 and a 52 week high of $190.09.

Blackstone (NYSE:BX – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.02. The firm had revenue of $3.43 billion during the quarter, compared to analysts’ expectations of $3.45 billion. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. Blackstone’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business earned $1.11 earnings per share. As a group, equities analysts anticipate that Blackstone will post 5.9 earnings per share for the current year.

Insiders Place Their Bets

In related news, major shareholder Private Multi-Asset Blackstone purchased 765,111 shares of Blackstone stock in a transaction on Tuesday, June 23rd. The shares were bought at an average price of $26.14 per share, with a total value of $20,000,001.54. Following the transaction, the insider directly owned 7,882,145 shares of the company’s stock, valued at approximately $206,039,270.30. This trade represents a 10.75% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ruth Porat acquired 355 shares of the stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $123.04 per share, with a total value of $43,679.20. Following the completion of the transaction, the director owned 41,818 shares of the company’s stock, valued at approximately $5,145,286.72. This represents a 0.86% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders have acquired 10,252,345 shares of company stock valued at $209,789,893. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On Blackstone

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. raised its stake in Blackstone by 21.6% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 15,718 shares of the asset manager’s stock valued at $1,850,000 after buying an additional 2,796 shares in the last quarter. Legacy Wealth Management LLC MS boosted its position in shares of Blackstone by 43.6% during the 2nd quarter. Legacy Wealth Management LLC MS now owns 5,653 shares of the asset manager’s stock worth $665,000 after acquiring an additional 1,716 shares in the last quarter. Valeo Financial Advisors LLC raised its position in shares of Blackstone by 16.4% during the 2nd quarter. Valeo Financial Advisors LLC now owns 15,420 shares of the asset manager’s stock worth $1,814,000 after acquiring an additional 2,169 shares in the last quarter. Norway Savings Bank boosted its holdings in Blackstone by 4.1% in the second quarter. Norway Savings Bank now owns 17,531 shares of the asset manager’s stock valued at $2,063,000 after purchasing an additional 692 shares in the last quarter. Finally, Chesley Taft & Associates LLC raised its holdings in Blackstone by 2.5% during the second quarter. Chesley Taft & Associates LLC now owns 66,521 shares of the asset manager’s stock worth $7,828,000 after purchasing an additional 1,648 shares in the last quarter. 70.00% of the stock is currently owned by institutional investors and hedge funds.

About Blackstone

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Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.