JPMorgan cuts target for Blackstone stock from USD 136 to USD 135

Published on 10/27/2026 at 17:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Dividend is USD 1.12 on November 9, 2026. Blackstone stock costs EUR 105.73 on October 27, 2026, down 1.60 percent versus Xetra close.

Blackstone market and dates

JPMorgan kept a Neutral rating while cutting its target to USD 135.00 on October 23, 2026.
The quarterly dividend is USD 1.12, payable on November 9, 2026.
Blackstone stock cost EUR 105.73 at Lang & Schwarz on October 27, 2026 at 5:13 p.m. CEST, down 1.60 percent versus the Xetra close of October 26, 2026 at EUR 107.45.

Blackstone Inc., US09260D1072, Illustration mit AI erstellt.

Blackstone Inc. (ISIN US09260D1072) is facing a lower JPMorgan target as the bank cut its view from USD 136.00 to USD 135.00 while keeping a Neutral rating in a note dated October 23, 2026, as MarketBeat reported. Blackstone stock was trading at EUR 105.73 at Lang & Schwarz on October 27, 2026 at 5:13 p.m. CEST, down 1.60 percent versus the Xetra close of October 26, 2026 at EUR 107.45.

Dividend sets the next date

Blackstone declared a quarterly dividend of USD 1.12 per share, down from USD 1.29, with the payment scheduled for November 9, 2026, to shareholders of record on November 2, 2026. Investing.com reported the dates and dividend amount after the third-quarter report. The 13.2 percent reduction makes the payment date relevant for income-focused shareholders.

Stock stays below its yearly high

On the NYSE, Blackstone was last at USD 117.79 on October 27, 2026 at 12:22 p.m. ET. Its 52-week range was USD 101.73 to USD 165.14, while volume reached 1,901,940 shares and the market capitalization stood at USD 135.6 billion. The price was 28.67 percent below the 52-week high, calculated from the same USD quotation.

The current price-to-earnings ratio was 26.01 on October 27, 2026. Blackstone's latest reported third-quarter revenue was USD 3.06 billion, compared with a USD 3.35 billion consensus estimate, while fee-related earnings increased 6.00 percent year over year to USD 1.60 billion. These figures were reported for the quarter ended September 30, 2026, in the RTT News account published on October 22, 2026.

What does the target imply?

JPMorgan's USD 135.00 target lies 14.61 percent above the USD 117.79 NYSE price on October 27, 2026. That comparison leaves the bank's Neutral rating alongside a quantified upside gap, rather than a fresh change in its recommendation.

Which dates matter next?

Blackstone's next stated shareholder dates are November 2, 2026, for the dividend record date, and November 9, 2026, for payment. The company reported USD 1.37 trillion in assets under management for the third quarter, up 10.00 percent from a year earlier, providing a scale measure alongside the distribution calendar.

Peers show similar valuation levels

Comparison with peers

Blackstone (NYSE, USD): down 1.07 percent, P/E 26.01, market capitalization USD 135.6 billion.
Apollo Global Management (NYSE, USD): up 0.32 percent, P/E 25.68, market capitalization USD 67.8 billion.
KKR & Co. (NYSE, USD): up 0.23 percent, P/E 28.88, market capitalization USD 82.4 billion.

Market position for investors

The JPMorgan target cut adds a specific valuation reference to a stock trading 1.60 percent below its Xetra close. The scheduled USD 1.12 dividend and the USD 135.00 target give investors two dated reference points beyond the daily euro quotation.

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