Barclays cut Blackstone target to USD 124.00: Blackstone stock gains 1.98 percent
Published on 10/12/2026 at 11:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Barclays cut its Blackstone price target from USD 128.00 to USD 124.00 on October 8, 2026.
- Blackstone reported USD 5.04 billion in revenue for the second quarter of 2026, up 35.90 percent year over year.
- The stock was at EUR 103.00 at Lang & Schwarz on October 12, 2026, 1.98 percent above the EUR 101.00 Xetra close of October 9, 2026.
- MarketBeat listed 13 Buy and 12 Hold ratings among 25 analysts, with an average target of USD 147.32.
Blackstone Inc. (ISIN US09260D1072) was trading at EUR 103.00 at Lang & Schwarz on October 12, 2026, at 11:26 a.m. CEST, up EUR 2.00, or 1.98 percent, versus the Xetra close of October 9, 2026, at EUR 101.00. On October 8, 2026, Barclays cut its Blackstone price target from USD 128.00 to USD 124.00 and kept an Equal Weight rating, according to Markets Insider.
Three events shaped the stock
On July 23, 2026, Blackstone reported second-quarter revenue of USD 5.04 billion and adjusted earnings per share of USD 1.52, versus USD 1.34 consensus, according to MarketBeat.
On October 5, 2026, BofA cut its target from USD 138.00 to USD 122.00 while keeping a Buy rating, according to Markets Insider. On October 8, 2026, Barclays followed with a cut from USD 128.00 to USD 124.00, also retaining Equal Weight, according to Markets Insider.
What does the target reset change?
The Barclays target is USD 23.32 below the USD 147.32 average target tracked by MarketBeat. Its analyst table covered 25 ratings, including 13 Buy ratings and 12 Hold ratings, while the average target stood 28.85 percent above the reported USD 114.34 reference price on October 9, 2026, according to MarketBeat.
The key operating counterweight is the second-quarter result. Revenue rose 35.90 percent from the year-earlier quarter to USD 5.04 billion, while adjusted earnings per share reached USD 1.52 against USD 1.34 consensus, giving the target cuts a more cautious valuation context.
Next results date is October 22
Blackstone is scheduled to announce third-quarter 2026 earnings before the market opens on October 22, 2026, with a consensus earnings-per-share estimate of USD 1.32, according to Yahoo Finance. That report will test whether the softer realization activity cited in the Barclays note persists into the third quarter.
EUR 103.00 versus the Xetra close
At 11:26 a.m. CEST on October 12, 2026, Blackstone was trading at EUR 103.00 at Lang & Schwarz, EUR 2.00 or 1.98 percent above the Xetra close of October 9, 2026, at EUR 101.00. The US listing closed at USD 114.29 on October 9, 2026, according to the dated market page, while its one-year range was USD 101.73 to USD 166.39 and market capitalization was USD 138.1 billion.
The further course of trading is shown by the continuously updated real-time quote of Blackstone stock.
Blackstone stock facts
- Company: Blackstone Inc.
- ISIN: US09260D1072
- Ticker: BX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 12, 2026, 11:26 a.m. CEST): EUR 103.00
- Change versus Xetra close: plus 1.98 percent
- Xetra close (October 9, 2026): EUR 101.00
- Market capitalization: USD 138.1 billion (as of October 9, 2026)
- 52-week range: USD 101.73-166.39 (as of October 9, 2026)
- Sector / Industry: Financial Services / Asset Management
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
