Blackstone stock reports a third quarter realization update

Blackstone stock was last at USD 118.42 on the NYSE on September 25, 2026, up 1.03 percent from the prior session. The latest company update points to realization-related revenue exceeding USD 350 million through September 22, 2026.

Realization revenue exceeds USD 350 million

According to StockTitan on September 22, 2026, Blackstone preliminarily expected total realized performance revenues and realized principal investment income to exceed USD 350 million for the period from July 1 through September 22. The estimate covers realized activity during the third quarter and includes certain incentive fees and other investment income expected at quarter end.

The figure is a partial-quarter indicator rather than a full earnings forecast. Blackstone's filing states that the third-quarter result will also reflect activity after September 22 and other income and expenses, making the eventual quarter figure broader than the intra-quarter estimate.

Q2 figures show a quantified beat

MarketBeat reported that Blackstone's second-quarter 2026 revenue reached USD 5.04 billion, up 35.9 percent from the prior year. Adjusted earnings per share came to USD 1.52, exceeding the USD 1.34 consensus estimate by USD 0.18.

The same report said Blackstone raised its quarterly dividend to USD 1.29 per share. That operating combination gives the realization update context: fee-related growth and investment realizations are contributing through different parts of the alternative asset manager's earnings model.

Analyst target stays above the stock

According to MarketBeat on September 23, 2026, UBS reiterated a Neutral rating with a USD 122.00 price target. The broader 24-analyst consensus was Moderate Buy with an average target of USD 148.71.

For investors, the contrast is clear: the stock's latest USD 118.42 level sits below both the UBS target and the consensus average, while the market capitalization stood at USD 143.1 billion on September 25, 2026.

Blackstone stock holds a wide yearly range

Blackstone stock was last at USD 118.42 on September 25, 2026, at 4:00 p.m. ET. The same session showed a range of USD 117.19 to USD 119.50, while the 52-week range extended from USD 101.73 to USD 177.23.