Blackstone stock reports strong second quarter earnings

Published on 10/05/2026 at 20:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Blackstone stock traded at USD 112.28 on October 5, 2026, while Q2 adjusted EPS reached USD 1.52 against USD 1.34 consensus. Analysts set a USD 148.71 average target.

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Blackstone Inc. (ISIN US09260D1072) was trading at USD 112.28 on the NYSE on October 5, 2026, at 2:46 p.m. ET, up USD 0.53 or 0.47 percent from the prior close. The latest reported quarter delivered adjusted EPS of USD 1.52 against USD 1.34 consensus and revenue of USD 5.04 billion, according to MarketBeat on October 2, 2026.

Q2 revenue reached USD 5.04 billion

Blackstone's Q2 2026 revenue increased 35.9 percent year over year, while the prior-year EPS figure cited by MarketBeat was USD 0.98. The USD 0.18 adjusted EPS beat and the revenue result above the USD 3.42 billion consensus estimate show that transaction activity was the key earnings lever in the latest period.

The standardized Q2 2026 financial data show consolidated net income of USD 2.356 billion and operating profit of USD 2.813 billion for the quarter ended June 30, 2026. Blackstone's total assets were USD 49.892 billion at that date, giving the earnings comparison a balance-sheet anchor.

Analysts keep a positive but divided view

MarketBeat reported on October 2, 2026, that 24 analysts held a Moderate Buy consensus, with 13 Buy ratings and 11 Holds. The average 12-month price target was USD 148.71, which lies 32.4 percent above the October 5 intraday price of USD 112.28.

Wells Fargo initiated coverage with an Equal Weight rating and a USD 122.00 target on October 2, 2026, as reported by MarketBeat. That target lies 8.7 percent above the October 5 price, showing how the published analyst range spans from cautious individual views to a materially higher consensus mean.

Scale supports the investment case

Blackstone reported USD 1.346 trillion in total assets under management and USD 961.6 billion in fee-earning assets at the end of June 2026, according to Morningstar on September 9, 2026. The firm operates across private equity, real estate, credit and insurance, and other alternative strategies.

Morningstar also identified equity and credit market downturns as a risk because weaker markets can limit liquidity and make fundraising more difficult. For investors, the central tension is clear: Q2 earnings growth and platform scale contrast with a price still below the analyst consensus target.

Blackstone stock holds above USD 112

Blackstone stock was trading at USD 112.28 on the NYSE on October 5, 2026, with a market capitalization of USD 135.6 billion and volume of 3,194,964 shares.