Blackstone’s Stock Slumps 17% in 2025—Yet Analysts Still See 43% Upside
Blackstone Inc. (BX), a leading alternative asset management firm, has seen its stock underperform the broader stock market in 2025. Despite a 17.2% year-to-date (YTD) decline, analysts remain largely optimistic about the company's prospects.
BX, with a market capitalization of $106.5 billion, invests across various stages and sectors. Despite a 14.5% drop in its share price over the past year, it has outperformed the Financial Select Sector SPDR Fund (XLF), which gained around 13.3% during the same period.
On October 24, an analyst from TD Cowen maintained a 'Buy' rating on BX stock, lowering the price target to $205, indicating a potential 43.5% upside. Among 23 analysts covering BX, the consensus is a 'Moderate Buy', with eight 'Strong Buy' ratings, two 'Moderate Buys', 12 'Holds', and one 'Strong Sell'.
BX reported strong third-quarter results on October 23, with adjusted EPS of $1.52 surpassing Wall Street expectations of $1.21. This positive performance contributed to a 14.9% EPS growth expectation for the current fiscal year, reaching $5.33 on a diluted basis.
Although BX stock has underperformed the S&P 500 in 2025, analysts remain largely optimistic about the company's future. Despite a recent decline, BX's strong Q3 results and positive EPS growth expectations suggest that the firm continues to be a compelling investment opportunity.
