--- title: "Oppenheimer Raises Blackstone (NYSE:BX) Price Target to $171.00" type: "News" locale: "en" url: "https://longbridge.com/en/news/297198399.md" description: "Oppenheimer raised its price target on Blackstone (NYSE:BX) from $140.00 to $171.00, assigning an 'outperform' rating. This follows recent analyst actions including BNP Paribas lowering its target to $125.00 with a 'neutral' rating, Argus increasing to $150.00 with a 'buy', and Barclays raising to $128.00 with 'equal weight'. The average analyst rating is 'Moderate Buy' with an average target of $149.43. Additionally, insider John G. Finley sold shares, while Holdings Iv L.P. Blackstone increased its stake." datetime: "2026-08-27T14:00:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/297198399.md) - [en](https://longbridge.com/en/news/297198399.md) - [zh-HK](https://longbridge.com/zh-HK/news/297198399.md) generator: "portal-rs" --- # Oppenheimer Raises Blackstone (NYSE:BX) Price Target to $171.00 Blackstone (NYSE:BX - Get Free Report) had its price target raised by analysts at Oppenheimer from $140.00 to $171.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an "outperform" rating on the asset manager's stock. Oppenheimer's price target would indicate a potential upside of 17.70% from the company's previous close. - AI Data Centers Are Splitting Winners From Pretenders in Infrastructure Stocks A number of other research analysts also recently issued reports on BX. BNP Paribas Exane dropped their price target on shares of Blackstone from $126.00 to $125.00 and set a "neutral" rating on the stock in a research report on Tuesday, June 30th. Argus increased their price target on Blackstone from $146.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. Weiss Ratings upgraded Blackstone from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, July 24th. Barclays boosted their price target on Blackstone from $119.00 to $128.00 and gave the company an "equal weight" rating in a research note on Friday, July 24th. Finally, Citizens Jmp lowered their price objective on shares of Blackstone from $190.00 to $165.00 and set a "market outperform" rating for the company in a research note on Thursday, July 9th. Thirteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $149.43. **Check Out Our Latest Stock Report on BX** ## Blackstone Stock Up 1.5% - Jersey Mike's Serves Fresh Gains After IPO Stumble Shares of BX opened at $145.29 on Thursday. The stock's 50-day moving average price is $129.88 and its two-hundred day moving average price is $122.68. Blackstone has a 12 month low of $101.73 and a 12 month high of $190.09. The company has a market capitalization of $109.06 billion, a PE ratio of 32.45, a PEG ratio of 1.57 and a beta of 1.56. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.63. Blackstone (NYSE:BX - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The asset manager reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.18. Blackstone had a return on equity of 23.77% and a net margin of 21.84%.The company had revenue of $5.04 billion during the quarter, compared to analysts' expectations of $3.42 billion. During the same quarter in the prior year, the firm posted $0.98 earnings per share. The business's quarterly revenue was up 35.9% on a year-over-year basis. On average, analysts anticipate that Blackstone will post 5.99 EPS for the current year. ## Insider Activity - AI Consolidation Begins: Blackstone & Google Forge an AI Empire In other Blackstone news, insider John G. Finley sold 45,000 shares of Blackstone stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $147.11, for a total transaction of $6,619,950.00. Following the completion of the transaction, the insider owned 516,017 shares in the company, valued at approximately $75,911,260.87. The trade was a 8.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Holdings Iv L.P. Blackstone acquired 272,642 shares of the stock in a transaction dated Friday, August 21st. The stock was bought at an average cost of $26.14 per share, with a total value of $7,126,861.88. Following the completion of the purchase, the insider owned 8,704,419 shares of the company's stock, valued at approximately $227,533,512.66. The trade was a 3.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders acquired 1,611,822 shares of company stock valued at $42,189,294 and sold 7,562,000 shares valued at $40,331,085. Corporate insiders own 1.00% of the company's stock. ## Hedge Funds Weigh In On Blackstone Hedge funds have recently bought and sold shares of the company. Amundi grew its stake in shares of Blackstone by 10.9% in the 2nd quarter. Amundi now owns 2,712,506 shares of the asset manager's stock worth $319,177,000 after acquiring an additional 267,375 shares in the last quarter. HighTower Advisors LLC increased its stake in Blackstone by 6.7% in the 2nd quarter. HighTower Advisors LLC now owns 2,542,438 shares of the asset manager's stock valued at $299,169,000 after buying an additional 158,777 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Blackstone during the 2nd quarter worth approximately $477,000. Serenity Investment Advisors bought a new position in shares of Blackstone in the second quarter valued at approximately $188,000. Finally, California State Teachers Retirement System increased its position in shares of Blackstone by 12,011.3% during the second quarter. California State Teachers Retirement System now owns 130,414,132 shares of the asset manager's stock valued at $15,345,831,000 after acquiring an additional 129,337,339 shares during the last quarter. 70.00% of the stock is owned by hedge funds and other institutional investors. ## About Blackstone (Get Free Report) 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. ## Recommended Stories - Five stocks we like better than Blackstone - Marvell’s Big AI Test Comes One Day After NVIDIA’s Blowout Quarter - NVIDIA’s Blockbuster Quarter May Still Undersell How Big the AI Buildout Is - Alphabet Is Building a Base—Could a Breakout Be Next? - When Unusual Volume Isn't Noise: 3 Small-Caps Sending Signals *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Blackstone Right Now? Before you consider Blackstone, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Blackstone wasn't on the list. While Blackstone currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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