Blackstone (BX) Projected to Post Earnings on Thursday

Blackstone (NYSE:BX) is anticipated to release its Q3 2026 results before the market opens on Thursday, October 22nd. Analysts expect Blackstone to post earnings of $1.26 per share and revenue of $3.27 billion for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 9:00 AM ET.

Blackstone (NYSE:BX) last issued its quarterly earnings results on Thursday, July 23rd. The asset manager reported $1.52 EPS for the quarter, beating the consensus estimate of $1.34 by $0.18. Blackstone had a net margin of 21.84% and a return on equity of 23.77%. The company had revenue of $5.04 billion for the quarter, compared to the consensus estimate of $3.42 billion. During the same period in the prior year, the firm posted $0.98 EPS. The firm’s revenue was up 35.9% compared to the same quarter last year. On average, analysts expect Blackstone to post $5.89 EPS for the current fiscal year and $7.47 EPS for the next fiscal year.

Blackstone Stock Performance

Blackstone stock opened at $110.38 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a market capitalization of $82.85 billion, a P/E ratio of 17.41, a price-to-earnings-growth ratio of 1.29 and a beta of 1.59. Blackstone has a 1-year low of $101.73 and a 1-year high of $165.14. The company’s 50-day moving average is $126.79 and its 200 day moving average is $124.14.

Insider Buying and Selling at Blackstone

In related news, major shareholder Holdings I. L.P. Blackstone sold 124,600 shares of the stock in a transaction that occurred on Friday, September 25th. The stock was sold at an average price of $16.40, for a total value of $2,043,440.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Joseph Baratta sold 100,000 shares of the stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $123.80, for a total value of $12,380,000.00. Following the completion of the transaction, the director directly owned 771,599 shares in the company, valued at approximately $95,523,956.20. This trade represents a 11.47% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders bought 1,038,406 shares of company stock valued at $27,205,951 and sold 4,077,276 shares valued at $37,573,644. 1.00% of the stock is owned by insiders.

Key Stories Impacting Blackstone

Here are the key news stories impacting Blackstone this week:

• Positive Sentiment: Blackstone and Warburg Pincus are reportedly exploring a sale of IntraFi at a valuation above $10 billion. A potentially sizable exit could demonstrate strong value creation and generate additional realizations for Blackstone, although the discussions may not result in a transaction. Blackstone, Warburg explore IntraFi sale at over $10 billion
• Positive Sentiment: Blackstone completed the final close of its fifth energy-transition fund at $8.7 billion, more than 50% larger than its predecessor and at its hard cap. The oversubscribed raise supports continued growth in fee-earning assets and strengthens the firm’s position in infrastructure and clean-energy investing. Blackstone Announces $8.7 Billion Final Close
• Positive Sentiment: Anthropic reportedly offered Blackstone a yield above 10% for financing tied to a semiconductor transaction. The deal could provide attractive income and expand Blackstone’s exposure to artificial-intelligence infrastructure, though it also carries financing and concentration risks. Anthropic Offers Blackstone High Yield in Chip Financing Deal
• Neutral Sentiment: Analysts are entering Blackstone’s third-quarter results with reduced expectations after multiple estimate cuts. Management has signaled slower realizations, but investors are also focused on the firm’s 26% year-over-year distributable-earnings growth, record $1.35 trillion in assets under management, and longer-term fee and infrastructure expansion. Blackstone Expectations Ahead of Q3 Earnings
• Negative Sentiment: A $1.3 billion Blackstone multifamily commercial mortgage-backed securities loan tied to Sun Belt properties entered special servicing. The development raises concerns about property performance, potential loan workouts, and broader weakness in parts of Blackstone’s real estate portfolio. Blackstone Sun Belt Multifamily CMBS Loan Hits Special Servicing

Analyst Ratings Changes

A number of research analysts have recently commented on BX shares. Argus upped their target price on Blackstone from $146.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Wells Fargo & Company began coverage on Blackstone in a report on Friday, October 2nd. They set an “equal weight” rating and a $122.00 price objective for the company. UBS Group dropped their price objective on Blackstone from $122.00 to $116.00 and set a “neutral” rating for the company in a report on Tuesday, October 13th. Keefe, Bruyette & Woods raised Blackstone to a “hold” rating in a research report on Monday, July 20th. Finally, Citizens Jmp reduced their target price on Blackstone from $190.00 to $165.00 and set a “market outperform” rating on the stock in a research note on Thursday, July 9th. Thirteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $143.45.

About Blackstone

Blackstone Inc (NYSE:BX) is a global alternative asset management firm that provides investment and advisory services to institutional investors, companies, and qualified individual investors. The company manages capital across private equity, real estate, credit and insurance, infrastructure, hedge fund solutions, secondaries, and growth-oriented investments.

Blackstone invests in and manages portfolios of businesses, properties, infrastructure assets, and credit instruments across a range of industries.