In Thursday’s Wall Street session, Blackstone Inc (NYSE:BX) shares traded at $136.93, down -0.41% from the previous session.
BX stock price is now -0.74% away from the 50-day moving average and -12.68% away from the 200-day moving average. The market capitalization of the company currently stands at $166.13B.
With the price target maintained at $165, Citizens JMP recently Upgraded its rating from Mkt Perform to Mkt Outperform for Blackstone Inc (NYSE: BX). On March 17, 2025, UBS Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $180, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Blackstone Holdings IV L.P., 10% Owner sold 1,557,994 shares of the company’s stock on May 16 ’25. The stock was sold for $126,053,711 at an average price of $80.91. Upon completion of the transaction, the 10% Owner now directly owns 178,816 shares in the company, valued at $24.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 19 ’25, 10% Owner Blackstone Holdings IV L.P. sold 234,563 shares of the business’s stock. A total of $18,977,953 was realized by selling the stock at an average price of $80.91. This leaves the insider owning 174,974 shares of the company worth $23.96 million. A total of 40.50% of the company’s stock is owned by insiders.
During the past 12 months, Blackstone Inc has had a low of $114.92 and a high of $200.28. According to the stock market information, the enterprise value for the company is $129698340864, which is based on a 41.42 price-to-earnings ratio, a 2.10 price-to-earnings-growth ratio, and a beta of 1.65. The fifty day moving average price for BX is $137.955 and a two-hundred day moving average price translates $157.27106 for the stock.
The latest earnings results from Blackstone Inc (NYSE: BX) was released for 2025-03-31. The net profit margin was 20.14% and return on equity was 34.07% for BX. The company reported revenue of $3.29 billion for the quarter, compared to $3.69 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.8 percent.
