Blackstone Inc. (BX)
NYSEFinancialsAsset ManagementSnapshot 2026-11-04
$125.57+6.24%
Close 2026-11-04 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-11-04
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 high — the market is pricing in about 28% growth a year, above the roughly 13% analysts expect, leaving little room for error.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 37% in its worst 12-month stretch.
View RiskBlackstone's AUM growth engine has to keep compounding to justify the price. Revenue grew 24% in the prior quarter. The latest quarter missed earnings expectations. The stock trades at 21 times earnings. Peers trade at 14 times earnings. The market is pricing in more growth than we forecast. A guidance cut would be a meaningful negative. Peer multiples imply a price about 28% below where it trades. Our read remains intact. This read is provisional.
Trailing returns as of 2026-11-04. 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 Nov 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 2026-11-04. 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: Grow AUM through inflows and fund-raising
Exec confirms tech fundraising strategy, supporting AUM growth.
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 2026-11-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $125.57
The last 12 months of price, then the range of analyst 12-month targets from today’s $125.57.
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.
Advances: Expand digital and energy infrastructure investment platforms
Major energy infrastructure investment aligns with expansion objective.
Advances: Expand digital and energy infrastructure investment platforms
Expands energy infrastructure platform via major asset acquisition.
Advances: Increase Realized Performance Revenues
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.
