Blackstone Q1 Earnings Expectations Highlight Growth Amid Stock Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6 days ago
0mins
Should l Buy BX?
Source: seekingalpha
- Earnings Growth Expectation: Blackstone is projected to report Q1 EPS of $1.34, reflecting a 22.9% year-over-year increase, while revenue is expected to rise 4.3% to $3.40 billion, indicating strong performance in the private equity sector.
- Management Fee Growth: The CFO indicated that management fees are expected to continue on a strong upward trajectory through 2026, particularly in private equity credit, insurance, and multi-asset investing, with real estate management fees remaining stable in the near term.
- Stock Underperformance: Despite robust fundamentals, Blackstone's shares have declined nearly 15% year-to-date, significantly underperforming the S&P 500's 3.2% gain, reflecting market sentiment pressures regarding its private credit funds.
- Analyst Optimism: Oppenheimer upgraded Blackstone to Outperform, highlighting its unparalleled real estate business, which is expected to provide significant upside in the coming years, even amid ongoing market concerns about private credit defaults.
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Analyst Views on BX
Wall Street analysts forecast BX stock price to rise
12 Analyst Rating
5 Buy
7 Hold
0 Sell
Moderate Buy
Current: 121.520
Low
166.00
Averages
176.60
High
205.00
Current: 121.520
Low
166.00
Averages
176.60
High
205.00
About BX
Blackstone Inc. is an alternative asset manager. Its asset management includes global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries, and hedge funds. Its Real Estate segment comprises its management of opportunistic real estate funds, Core+ real estate funds, and real estate debt strategies. Its Private Equity segment includes its management of flagship Corporate Private Equity funds, sector and geographically focused Corporate Private Equity funds, core private equity funds, an investment platform, and others. Its Credit & Insurance segment consists of Blackstone Credit & Insurance, which is organized into three overarching strategies: private corporate credit, liquid corporate credit and infrastructure and asset-based credit. Its Multi-Asset Investing segment is organized into four investment platforms: Absolute Return, Multi-Strategy, Total Portfolio Management, and Public Real Assets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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