BX Price Prediction Next Week
Analysis and Insights
To predict the stock price of Blackstone (BX) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
Blackstone's stock (BX) shows a neutral RSI of 54.65, indicating neither overbought nor oversold conditions. The MACD is slightly negative (-5.02), suggesting mild bearish momentum, but the signal line is rising, indicating potential stabilization.
News Sentiment:
Recent news highlights Blackstone's strong leadership, with CEO Steve Schwarzman receiving $84 million in compensation, reflecting confidence in the company's performance. Additionally, the acquisition of TechCrunch by a private equity firm, backed by Blackstone, suggests positive industry activity.
Fibonacci Levels:
The stock is trading near the Fibonacci resistance level of $149.25, with support at $137.53. Recent price action shows the stock closing at $148.59, near the upper end of the range.
Conclusion:
Based on the analysis, Blackstone's stock is expected to trade near $149.03 next week, with a slight upward bias. However, due to the neutral RSI and proximity to resistance, it may face selling pressure.
Prediction: $149.03
Recommendation: Hold or sell if the stock fails to break above $149.25.
BX Revenue Forecast
BX EPS Forecast
BX FAQs
What is BX revenue forecast for next quarter？
What is BX eps forecast for next quarter？
BX VS S&P500
Blackstone, with $726.6 billion in fee-earning AUM at the end of 2023, is a go-to firm for institutional and high-net-worth investors looking for exposure to alternatives.
Its ever-increasing scale, diversified product offerings, record of solid investment performance, and strong client relationships position the firm to perform well in a variety of market conditions.
Less than 2% of Blackstone's large real estate investment portfolio is invested in traditional US offices, with sectors like logistics, student housing, and data centers making up most of its AUM.
BX Analyst's Forecast
Michael Brown
Wells Fargo
Hold
2025-03-20
Price Target
$180 → $160
Upside
+7.56%
Wells Fargo analyst Michael Brown lowered the firm's price target on Blackstone to $160 from $180 and keeps an Equal Weight rating on the shares. The firm sees greatest impact for episodic fee streams from macro and cap markets uncertainty, but long-term outlook remains upbeat, and valuations are more attractive after year-to-date underperformance.
Brennan Hawken
UBS
Hold → Strong Buy
2025-03-17
Price Target
$180
Upside
+20.75%
Chris Allen
Citigroup
Hold
2025-01-31
Price Target
$170 → $190
Upside
+7.26%
