Blackstone (BX) Expected to Announce Earnings on Thursday

Blackstone (NYSE:BX) is expected to release its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $1.31 per share and revenue of $3.4216 billion for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 23, 2026 at 9:00 AM ET.

Blackstone (NYSE:BX) last posted its quarterly earnings data on Thursday, April 23rd. The asset manager reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.34 by $0.02. The company had revenue of $3.43 billion for the quarter, compared to analyst estimates of $3.45 billion. Blackstone had a net margin of 20.67% and a return on equity of 22.86%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.11 EPS. On average, analysts expect Blackstone to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Blackstone Trading Down 2.6%

BX opened at $123.64 on Tuesday. Blackstone has a one year low of $101.73 and a one year high of $190.09. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market cap of $91.85 billion, a price-to-earnings ratio of 31.62, a P/E/G ratio of 1.37 and a beta of 1.58. The stock’s 50 day moving average price is $119.97 and its 200-day moving average price is $125.48.

Analyst Ratings Changes

BX has been the topic of several research analyst reports. BMO Capital Markets upped their price objective on Blackstone from $126.00 to $132.00 and gave the company an “outperform” rating in a research report on Monday, April 13th. Dbs Bank raised shares of Blackstone to a “moderate buy” rating in a research note on Wednesday, May 27th. Rothschild & Co Redburn cut their price target on shares of Blackstone from $134.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Argus decreased their price objective on shares of Blackstone from $163.00 to $146.00 and set a “buy” rating for the company in a report on Tuesday, April 28th. Finally, TD Cowen dropped their target price on shares of Blackstone from $140.00 to $133.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Thirteen analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Blackstone presently has an average rating of “Moderate Buy” and an average price target of $145.71.

Insider Activity

In related news, Director Ruth Porat bought 355 shares of the company’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $123.04 per share, with a total value of $43,679.20. Following the transaction, the director owned 41,818 shares of the company’s stock, valued at $5,145,286.72. The trade was a 0.86% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Bx Buzz Ml-1 Gp Llc sold 7,477,500 shares of Blackstone stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $3.78, for a total value of $28,264,950.00. Following the completion of the transaction, the insider owned 19,374 shares in the company, valued at $73,233.72. This represents a 99.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders purchased 10,252,345 shares of company stock valued at $209,789,893. 1.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Blackstone

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Redwood Financial Network Corp raised its holdings in Blackstone by 1.8% in the 2nd quarter. Redwood Financial Network Corp now owns 3,588 shares of the asset manager’s stock valued at $537,000 after buying an additional 65 shares during the period. Zacks Investment Management raised its position in Blackstone by 2.1% in the third quarter. Zacks Investment Management now owns 3,453 shares of the asset manager’s stock valued at $590,000 after purchasing an additional 71 shares during the period. Brogan Financial Inc. boosted its position in shares of Blackstone by 2.5% during the third quarter. Brogan Financial Inc. now owns 2,904 shares of the asset manager’s stock worth $496,000 after buying an additional 72 shares during the period. Port Capital LLC raised its holdings in shares of Blackstone by 3.5% in the 4th quarter. Port Capital LLC now owns 2,453 shares of the asset manager’s stock valued at $378,000 after buying an additional 83 shares during the period. Finally, Wellspring Financial Advisors LLC lifted its stake in Blackstone by 3.8% during the 4th quarter. Wellspring Financial Advisors LLC now owns 2,658 shares of the asset manager’s stock worth $410,000 after acquiring an additional 97 shares in the last quarter. Hedge funds and other institutional investors own 70.00% of the company’s stock.

About Blackstone

Blackstone Inc (NYSE: BX) is a global investment firm focused on alternative asset management. Founded in 1985 by Stephen A. Schwarzman and Peter G. Peterson and headquartered in New York City, the firm organizes and manages investment vehicles that acquire and operate businesses, real estate and credit investments, as well as provide hedge fund solutions and other alternative strategies for institutional and individual investors.

Blackstone’s business is organized around several principal investment platforms.