Blackstone stock falls 2.43 percent as RBC keeps USD 169 target

Published on 10/07/2026 at 17:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Blackstone stock carries a USD 169 RBC Capital target from October 5, 2026. Adjusted Q2 EPS reached USD 1.52 against USD 1.34 consensus.

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Blackstone Inc. (ISIN US09260D1072) was trading at USD 110.61 on the NYSE on October 7, 2026 at 11:21 a.m. ET, down 2.43 percent from USD 113.36. According to Markets Insider, RBC Capital maintained a Buy rating and a USD 169.00 price target in a report released on October 5, 2026.

RBC target stays at USD 169

The target stands 52.8 percent above the NYSE price at the October 7 trading timestamp. RBC Capital's call therefore offers a clear contrast with the session move, but it does not remove the market's immediate sensitivity to valuation and earnings expectations.

The external analyst view also sits above the broader published consensus. MarketBeat reported a Moderate Buy rating from 24 analysts, with 13 Buy ratings and 11 Holds, plus an average 12-month target of USD 148.71. That average is 34.4 percent above the October 7 price.

Q2 earnings raised the bar

Blackstone's second-quarter results supplied the most important operating comparison. MarketBeat said adjusted EPS reached USD 1.52, exceeding the USD 1.34 consensus by USD 0.18, while revenue reached USD 5.04 billion and increased 35.9 percent from the prior year.

The earnings mix matters because Blackstone's reported Q2 revenue was also higher than the USD 3.42 billion estimate cited by MarketBeat. The result gives the stock a fundamental support point, while the 2.43 percent intraday decline shows that investors are weighing that performance against the distance to published targets.

October 22 marks the next test

Simply Wall St lists October 22, 2026 as Blackstone's Q3 2026 reporting date before the market opens. That date gives the market a defined checkpoint for testing whether the Q2 earnings gap over consensus can continue.

For investors, the key tension is visible in the numbers: the stock was trading at USD 110.61 while the consensus target stood at USD 148.71, yet the session was down 2.43 percent. Blackstone's next results must connect the recent earnings beat with further fee growth and capital deployment.

Blackstone stock trades below its yearly high

Blackstone stock was trading at USD 110.61 on the NYSE on October 7, 2026 at 11:21 a.m. ET. The 52-week range was USD 101.73 to USD 166.39, while market capitalization stood at USD 133.6 billion and volume reached 1,419,369 shares.