Blackstone stock falls to EUR 3.58, down 1.10 percent
π Blackstone reported adjusted distributable earnings of USD 1.98 billion for Q2 2026, up 26 percent year over year.
π° Fee-related earnings increased by 22 percent to reach USD 1.78 billion in the second quarter.
π Assets under management grew to USD 1.35 trillion after recording USD 68.3 billion in quarterly inflows.
π GAAP net income attributable to Blackstone reached USD 1.23 billion, compared to USD 0.98 billion a year ago.
π Basic earnings per share rose to USD 1.54 from USD 0.98 in the prior-year quarter.
π¦ Total revenue for Q2 2026 hit USD 5.04 billion, significantly higher than the USD 3.71 billion reported last year.
π― Oppenheimer raised its price target to USD 171.00 while maintaining an outperform rating on Blackstone stock.
πΉ Realization-related revenue and income exceeded USD 350 million through September 22, 2026.
π Stock traded at EUR 3.58 on September 30, 2026, down 1.10 percent from the prior close.
ποΈ The company maintains a market capitalization of USD 137.7 billion as of late September 2026.
- Blackstone reported adjusted distributable earnings of USD 1.98 billion for Q2 2026, marking a robust 26 percent year-over-year increase.
- Fee-related earnings surged by 22 percent to reach USD 1.78 billion, demonstrating strong fee generation capabilities.
- Assets under management expanded to USD 1.35 trillion following significant quarterly inflows of USD 68.3 billion.
- GAAP net income attributable to Blackstone reached USD 1.23 billion, reflecting substantial profitability growth.
- Basic earnings per share increased to USD 1.54 from USD 0.98 in the prior-year quarter, boosting shareholder value.
- Total revenue for Q2 2026 climbed to USD 5.04 billion, outpacing the previous year's total of USD 3.71 billion.
- Oppenheimer raised its price target to USD 171.00 while maintaining an outperform rating, signaling analyst confidence.
- Realization-related revenue and income exceeded USD 350 million through mid-September, with 90 percent from performance fees.