Blackstone stock falls 2.21 percent as UBS keeps Neutral view

Published on 09/24/2026 at 16:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Blackstone stock traded at USD 116.64 on September 24, 2026, 34.58 percent below its yearly high. Q2 revenue rose 39.43 percent from Q1.

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Blackstone stock (ISIN US09260D1072) was trading at USD 116.64 on the NYSE on September 24, 2026, down 2.21 percent. On September 23, Investing.com reported that UBS maintained a Neutral rating and a USD 122.00 price target.

UBS target stays near the quote

The USD 122.00 target stands USD 5.36 above the intraday price of USD 116.64. That gap is smaller than the distance to the yearly high, making the current valuation more sensitive to operating results than to a fresh target revision.

Blackstone also disclosed third-quarter 2026 realizations above USD 350 million through September 22, 2026, according to the UBS analysis reported by Investing.com. The realizations are a direct indicator of monetization activity, an important earnings driver for an alternative asset manager.

Q2 revenue rises 39.43 percent

Blackstone generated USD 5,043,978,000 in revenue in Q2 2026, compared with USD 3,617,595,000 in Q1 2026. The sequential increase was 39.43 percent, while consolidated net income rose from USD 1,257,907,000 to USD 2,356,066,000.

Diluted earnings per share increased from USD 0.83 in Q1 2026 to USD 1.54 in Q2 2026. The net profit margin also moved from 35 percent to 47 percent, so the quarter combined higher revenue with a wider earnings conversion rate.

Stock sits 34.58 percent below high

Blackstone stock was trading at USD 116.64 on September 24, 2026, during the NYSE session. The price was USD 61.65 below the 52-week high of USD 178.29 and USD 14.91 above the 52-week low of USD 101.73.