Argus has revised its price target for Blackstone (BX, Financial), reducing it to $146 from the previous $202, while maintaining a Buy rating on the stock. This adjustment follows the company's first-quarter report.
Despite current uncertainties surrounding tariffs affecting short-term realizations, the analyst emphasizes that favorable conditions such as stable-to-lower interest rates and good credit availability are expected to enhance Blackstone's transaction activity over time. The firm remains optimistic about Blackstone's robust long-term earnings potential.
Argus continues to anticipate a significant increase in Blackstone's fee-related earnings in 2025, underscoring the company's promising future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Blackstone Inc (BX, Financial) is $149.06 with a high estimate of $180.00 and a low estimate of $128.00. The average target implies an upside of 19.33% from the current price of $124.91. More detailed estimate data can be found on the Blackstone Inc (BX) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Blackstone Inc's (BX, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Blackstone Inc (BX, Financial) in one year is $196.83, suggesting a upside of 57.58% from the current price of $124.91. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Blackstone Inc (BX) Summary page.
