RBC keeps USD 169.00 target for Blackstone stock

Published on 10/09/2026 at 16:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EPS reached USD 1.52 versus USD 1.34 in Q2 2026. Blackstone stock costs EUR 100.70 on October 9, 2026, plus 1.25 percent.

Key points in brief

RBC Capital maintained a Buy rating and a USD 169.00 price target on October 5, 2026.
Blackstone reported adjusted earnings per share of USD 1.52 versus USD 1.34 consensus in the second quarter of 2026.
Blackstone stock was at EUR 100.70 at Lang & Schwarz on October 9, 2026, up 1.25 percent versus the prior close.

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RBC Capital maintained a Buy rating and a USD 169.00 price target for Blackstone stock on October 5, 2026, according to Markets Insider. The target puts the analyst view well above Blackstone's EUR 100.70 Lang & Schwarz price, although the currencies are not directly comparable.

Quarterly earnings set the baseline

Blackstone reported adjusted earnings per share of USD 1.52 against USD 1.34 consensus for the second quarter of 2026. Revenue reached USD 5.04 billion, up 35.90 percent from the same quarter a year earlier, according to MarketBeat. The comparison matters because fee growth has strengthened reported revenue while realization activity remains a key variable for alternative-asset managers.

Three events shaped the story

On July 23, 2026, Blackstone reported second-quarter adjusted earnings per share of USD 1.52 versus USD 1.34 consensus, as MarketBeat reported. On October 1, 2026, Blackstone announced more than USD 1.00 billion of debt and equity commitments for Falcata, a defense technology platform, according to Yahoo Finance. On October 5, 2026, RBC Capital maintained its Buy rating and USD 169.00 target, according to Markets Insider.

What does the defense platform mean for earnings

Falcata adds a USD 1.00 billion-plus capital commitment to Blackstone's investment pipeline, but the company has not disclosed a revenue contribution or closing timetable for each acquisition. Blackstone says its broader platform manages more than USD 1.3 trillion in assets, giving the initiative a small initial scale relative to the firm, according to Blackstone.

Next reporting dates are set

Blackstone is scheduled to report third-quarter 2026 earnings on October 22, 2026, followed by fiscal-year 2026 earnings on January 28, 2027, according to Barrons. Those dates give the next results cycle a clear test: whether revenue growth can continue alongside stronger monetization.

Blackstone stock trades higher in Europe

Blackstone stock was trading at EUR 100.70 at Lang & Schwarz on October 9, 2026 at 4:06 p.m. CEST, up 1.25 percent versus the prior close of EUR 99.46. The same-day market capitalization was USD 136.5 billion, while the primary-exchange 52-week range was USD 101.73 to USD 166.39 on the New York Stock Exchange. The further course of trading is shown by the continuously updated real-time quote of Blackstone stock.