Blackstone Inc.

(New York Stock Exchange)
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Somewhat Bearish -25

Blackstone sees 22,725 puts while Blackstone stock costs EUR 96.03

Analyst downgrade Earnings report AI-generated analysis

πŸ“‰ Blackstone stock traded at EUR 96.03 on October 20, 2026, down 0.94% from the previous Xetra close.

πŸ›‘οΈ Investors bought 22,725 put options on October 16, a 20% surge above typical volume of 18,950 contracts.

πŸ“Š Q2 2026 revenue reached USD 5.04 billion, up 35.9% year-over-year with diluted EPS of USD 1.54.

πŸ“‰ UBS lowered its Blackstone price target from USD 122.00 to USD 116.00 while keeping a neutral rating.

πŸ’° TD Cowen cut its price target from USD 154.00 to USD 144.00 but retained a buy rating.

πŸ“… Third-quarter earnings are scheduled for release on October 22, 2026, before the US market opens.

🏒 The company's market capitalization stands at USD 123.2 billion as of October 20, 2026.

πŸ” Market focus is shifting to realizations, fundraising activity, and fee-related earnings for Q3.

Bullish Signals
  • Blackstone reported strong second-quarter performance with revenue of USD 5.04 billion, a 35.9% increase year-over-year.
  • Diluted earnings per share reached USD 1.54 in the second quarter, significantly beating the USD 0.98 reported for the same period in 2025.
Risk Factors
  • Unusual options activity saw investors purchase 22,725 put contracts on October 16, a 20% spike above normal volume indicating bearish sentiment.
  • UBS analyst lowered the price target to USD 116.00 and assigned a neutral rating ahead of Q3 results.
  • TD Cowen reduced its price target from USD 154.00 to USD 144.00, signaling potential valuation concerns despite a buy rating.
Full Analysis
Blackstone Inc. is preparing to report its third-quarter results on October 22, 2026, ahead of which the market has shown notable caution. As of October 20, 2026, the stock traded at EUR 96.03, reflecting a slight decline relative to the previous session's close on the Xetra exchange. Unusual options activity highlighted investor apprehension regarding the upcoming earnings release. Specifically, investors purchased 22,725 put options on October 16, representing a 20% increase over typical volume, signaling a demand for downside protection before the asset manager releases its quarterly figures. Analyst sentiment has also turned cautious ahead of the report. UBS lowered its price target to USD 116.00 with a neutral rating, while TD Cowen reduced its target to USD 144.00 despite maintaining a buy rating. These adjustments suggest potential pressure on valuation expectations. Blackstone's second-quarter performance provided a baseline of strong growth, with revenue reaching USD 5.04 billion and diluted earnings per share hitting USD 1.54. However, the market is now focused on whether this momentum translates into stronger realizations and new fee income in the third quarter.