UBS cuts target for Blackstone stock to USD 116.00
π UBS reduced its Blackstone price target from USD 122.00 to USD 116.00 while keeping a neutral rating.
π Blackstone reported second-quarter 2026 revenue of USD 5.00 billion, up from USD 3.70 billion year-over-year.
π° The company recorded USD 2.00 billion in distributable earnings and USD 1.52 per share for the quarter.
π Blackstone attracted USD 68.30 billion in capital inflows during the second quarter of 2026.
π¦ Total assets under management expanded to USD 1,346.30 billion across private equity and real estate.
π Blackstone is scheduled to report third-quarter results on October 22, 2026.
π TD Cowen also lowered its target from USD 154.00 to USD 144.00 while maintaining a buy rating.
πΉ Blackstone stock traded at EUR 98.77 in European markets on October 14, 2026.
- Blackstone reported second-quarter 2026 revenue of USD 5.00 billion, representing a substantial year-over-year increase from USD 3.70 billion.
- The company generated USD 2.00 billion in distributable earnings with USD 1.52 per share for the quarter.
- Blackstone secured USD 68.30 billion in capital inflows, indicating strong investor confidence and asset growth.
- Total assets under management reached USD 1,346.30 billion, reinforcing the scale of its fee-generating platform.
- UBS cut its price target from USD 122.00 to USD 116.00, signaling a more cautious near-term valuation outlook.
- TD Cowen reduced its price target from USD 154.00 to USD 144.00 despite maintaining a buy rating.