BofA cuts target for Blackstone stock from USD 138 to USD 122

Published on 10/07/2026 at 15:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 5.04 billion, 35.90 percent above last year. Blackstone stock cost EUR 99.19 on October 7, 2026 versus EUR 100.98.

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Blackstone Inc. (ISIN US09260D1072) saw Bank of America cut its price target from USD 138.00 to USD 122.00 on October 5, 2026, while keeping a Buy rating, according to Markets Insider. Blackstone stock was trading at EUR 99.19 at Lang & Schwarz on October 7, 2026 at 3:40 p.m. CEST, down 1.77 percent versus the prior close of EUR 100.98.

Second-quarter revenue rises 35.90 percent

Blackstone reported USD 5.04 billion in revenue for the quarter ending June 30, 2026, up 35.90 percent from the same period a year earlier, according to MarketBeat. Adjusted earnings per share reached USD 1.52, compared with a USD 1.34 consensus estimate for that quarter, a USD 0.18 difference.

The result gives the target cut a more complex backdrop. Blackstone delivered operating growth in the latest reported quarter, while BofA said it was adjusting estimates for alternative and traditional asset managers ahead of third-quarter earnings.

Analyst targets remain widely split

RBC Capital maintained a Buy rating and a USD 169.00 price target in a report dated October 5, 2026, according to Markets Insider. The gap between RBC's target and BofA's USD 122.00 target shows how differently analysts are weighing earnings quality, asset flows and the timing of transactions.

Blackstone's USD 134.9 billion market capitalization and USD 101.73 to USD 166.39 52-week range place the Lang & Schwarz euro quote within the stock's broader US-dollar trading band after an exchange-rate plausibility check. The company manages alternative investments across private equity, real estate, credit, infrastructure and other strategies, with more than USD 1.3 trillion in assets under management, according to Blackstone.

Next results date is October 22

Blackstone is scheduled to report its next earnings on October 22, 2026, according to Investing.com. That date gives investors a defined checkpoint for testing whether the second-quarter revenue growth can continue while analysts reassess their valuation assumptions.

Euro quote turns lower in trading

At Lang & Schwarz, Blackstone stock was trading at EUR 99.19 on October 7, 2026 at 3:40 p.m. CEST, minus 1.77 percent against the prior close of EUR 100.98. The US listing was last quoted at USD 111.67 on the NYSE on October 7, 2026 at 9:54 a.m. ET, while the 52-week range stood at USD 101.73 to USD 166.39.

The further course of trading is shown by the continuously updated real-time quote of Blackstone Inc stock.