Blackstone Inc.

New York Stock Exchange
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Bullish +60

Blackstone stock falls 2.21 percent as UBS keeps Neutral view

Analyst upgrade AI-generated analysis

📉 Blackstone stock fell 2.21 percent to USD 116.64 on September 24, 2026, after UBS maintained a Neutral rating and a USD 122.00 price target.

📈 Q2 2026 revenue surged 39.43 percent sequentially to reach USD 5.04 billion, driven by strong asset monetization.

💰 Consolidated net income more than doubled from Q1, rising from USD 1.26 billion to USD 2.36 billion in the second quarter.

📊 Diluted earnings per share increased significantly from USD 0.83 to USD 1.54, reflecting improved profitability.

🔍 Net profit margin expanded from 35 percent to 47 percent as the company combined higher revenue with better earnings conversion.

💹 Realizations for the third quarter exceeded USD 350 million through September 22, indicating active monetization of assets.

📉 The stock trades 34.58 percent below its 52-week high of USD 178.29 and 14.91 percent above the 52-week low.

🏢 Blackstone operates in the Financial Services sector with a market capitalization of approximately USD 140.9 billion.

📅 The company reported these figures during the NYSE session on September 24, 2026.

Bullish Signals
  • Blackstone generated USD 5.04 billion in Q2 2026 revenue, representing a 39.43 percent sequential increase from Q1.
  • Consolidated net income rose sharply to USD 2.36 billion in Q2 2026, up from USD 1.26 billion in the previous quarter.
  • Diluted earnings per share more than doubled from USD 0.83 to USD 1.54 between Q1 and Q2 2026.
  • The company achieved a net profit margin expansion from 35 percent to 47 percent in the second quarter.
  • Third-quarter realizations exceeded USD 350 million through September 22, demonstrating strong monetization activity.
  • UBS maintains a price target of USD 122.00, which sits above the current trading price of USD 116.64.
Risk Factors
  • Blackstone stock fell 2.21 percent to USD 116.64 on September 24, 2026, despite strong quarterly earnings.
  • The stock is trading 34.58 percent below its yearly high of USD 178.29, indicating significant downside from annual peaks.
  • UBS maintained a Neutral rating rather than upgrading the stock following the recent financial results.
Full Analysis
Blackstone Inc. (BX) shares declined by 2.21 percent to trade at USD 116.64 on September 24, 2026, following a report from UBS that maintained a Neutral rating with a price target of USD 122.00. The stock is currently trading 34.58 percent below its yearly high of USD 178.29, indicating significant volatility relative to its annual range. Despite the stock price dip, Blackstone reported robust financial performance for the second quarter of 2026, with revenue surging 39.43 percent sequentially to reach USD 5.04 billion. This growth was driven by a substantial increase in consolidated net income, which rose from approximately USD 1.26 billion in Q1 to USD 2.36 billion in Q2. Operational efficiency improved markedly during the quarter as diluted earnings per share jumped from USD 0.83 to USD 1.54. The company also demonstrated strong monetization activity, with third-quarter realizations exceeding USD 350 million through late September, contributing to a net profit margin expansion from 35 percent to 47 percent. Analysts view the current valuation as sensitive to operating results rather than fresh target revisions, noting that the UBS price target remains above the intraday trading price. The company continues to operate within the Financial Services sector as a leading alternative asset manager with a market capitalization of approximately USD 140.9 billion.