Based on the provided data, here's a concise analysis of BX stock:
Technical Analysis
The stock is currently trading at $179.95, showing positive momentum with a +1.83% gain in the last regular trading session. The RSI at 55.64 indicates neutral territory, neither overbought nor oversold. The stock is trading above its 20-day moving average of $172.79, suggesting short-term bullish momentum.
Recent Developments Blackstone is exploring the sale of its music rights portfolio, including catalogs from artists like Bob Dylan and Adele, which could fetch at least $3 billion. This potential sale has attracted interest from major financial firms including Apollo Global and Warburg Pincus, indicating strong market interest in Blackstone's assets.
Analyst Sentiment Recent analyst actions show a cautious but positive stance:
Based on current market conditions and recent developments, BX shows positive momentum but appears fairly valued at current levels. The stock is trading near analyst price targets, suggesting limited immediate upside potential. Hold current positions or wait for a better entry point if considering new purchases.
Based on the provided data and current market conditions, here's the price prediction for Blackstone (BX) stock in 2025:
Blackstone stock is expected to reach $190-195 by the end of 2025, representing a potential upside of approximately 6-8% from current levels around $180. This projection is supported by three key factors: strong financial metrics showing PE ratio of 52.7 and healthy EV/EBITDA of 36.7 in Q3 2024, continued growth in assets under management, and strategic moves like the potential $3 billion sale of music rights portfolio including works by Bob Dylan and Adele.
The company's recent performance and strategic initiatives, including the exploration of high-value asset sales and portfolio optimization, suggest continued momentum in its core business segments. The technical analysis shows the stock is currently trading above its 20-day moving average of $172.79, with RSI at 55.64 indicating balanced momentum, supporting this moderate bullish outlook.
The S1 support level for BX Stock is $164.77 ,The R1 resistant level for BX Stock is $185.57.
As of the end of day on 2025-01-24, the price of BX Stock was $186.41.
The target price for BX Stock according to analyst rating is 181.20, with the highest price target at 230.00 and the lowest at 125.00. Analysts have a Moderate Buy rating on BX Stock overall.
The market cap of BX is $226.5B.
Based on the provided financial data and recent analyst ratings, here's a concise analysis of BX's valuation:
Valuation Analysis BX currently shows elevated valuation metrics with Q3 2024 P/E of 52.7x, significantly higher than historical levels. The EV/EBITDA ratio of 36.7x and P/B ratio of 15.97x also indicate rich valuations.
Financial Performance Revenue has remained relatively stable across recent quarters ($3.7B in Q3 2024), while net income shows some volatility ($780M in Q3 2024). ROE remains strong at 31.46%, demonstrating efficient capital utilization.
Recent Analyst Views Multiple analysts have recently adjusted their price targets, with mixed sentiment:
Conclusion BX appears overvalued based on:
Blackstone Inc. is an alternative asset manager. The Company’s asset management business includes investment vehicles, which is focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, and secondary funds. The Company operates through four segments: Real Estate, Private Equity, Credit & Insurance, and Hedge Fund Solutions. Its Blackstone Real Estate Partners (BREP) business makes investments in logistics, office, rental housing, hospitality, and retail properties, as well as in a variety of real estate operating companies. The Private Equity segment includes Blackstone Capital Partners, Blackstone Energy Transition Partners, Blackstone Capital Partners Asia, and Blackstone Core Equity Partners. The Credit & Insurance segment includes Blackstone Credit and Blackstone Insurance Solutions (BIS). The Hedge Fund Solutions segment includes Blackstone Alternative Asset Management and GP Stakes businesses.
Based on the provided data and market analysis, here's a projection for Blackstone (BX) stock price in 2030:
Price Target Analysis
Blackstone's stock is expected to reach approximately $320-350 by 2030, representing a 75-95% increase from current levels. This projection is based on:
Key Growth Drivers
Strong Asset Management Growth: BX has shown consistent growth in Assets Under Management (AUM), reaching $1.1 trillion in 2024. The company's diversified portfolio and strong track record in alternative investments position it well for continued expansion.
Market Leadership: As the largest alternative asset manager globally, Blackstone continues to benefit from increasing institutional allocation to alternative investments.
Strategic Initiatives: The company's expansion into new business segments, including technology investments and retail investor products, provides additional growth avenues.
Supporting Factors
BX has a total of 4735 employees.