Blackstone stock gains on AirTrunk loan and buyout plans

Published on 09/11/2026 at 20:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Blackstone stock traded at USD 125.39 on September 10, 2026, with a market cap of USD 94.12 billion. AirTrunk seeks S$2.0 billion for a Singapore REIT IPO.

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Blackstone Inc. (US09259E1082) stock traded at USD 125.39 on September 10, 2026, while its market capitalization stood at USD 94.12 billion and volume reached 4.61 million shares. The latest visible catalyst is AirTrunk's S$2.0 billion loan request for a Singapore REIT IPO, reported on September 11, 2026.

AirTrunk adds a fresh deal angle

According to The Business Times on September 11, 2026, AirTrunk, which is owned by Blackstone, is in talks with banks to borrow about S$2.0 billion, or USD 1.6 billion, to help finance a Singapore REIT listing backed by its assets. The paper said the proposed deal could test data center financing in Asia.

That fits Blackstone's push into infrastructure-linked themes. The Tech Capital reported on September 11, 2026, that Blackstone has agreed to acquire Flow Control Holdings, expanding its exposure to liquid-cooled data center equipment.

Results still matter

According to MarketBeat on September 11, 2026, Blackstone reported EPS of USD 1.52 for the quarter ended July 23, 2026, beating the consensus estimate of USD 1.34 by USD 0.18. The same report said revenue rose 35.9 percent year over year to USD 5.04 billion.

MarketBeat also said the company increased its quarterly dividend to USD 1.29 from USD 1.16, and that the payout was paid on August 10, 2026. The report put Blackstone's net margin at 21.84 percent and return on equity at 23.77 percent for the latest quarter.

Street view stays positive

According to MarketBeat, Blackstone carries a consensus rating of Moderate Buy with an average price target of USD 149.43. The same page lists TD Cowen at USD 145.00, Royal Bank of Canada at USD 169.00 and BNP Paribas Exane at USD 125.00.

For investors, the setup is now a mix of a USD 125.39 share price, a USD 94.12 billion market value and a quarter in which revenue reached USD 5.04 billion. The stock also sits between its 52-week low of USD 101.73 and high of USD 190.09 as of September 10, 2026.

Stock stays below highs

Blackstone stock closed at USD 125.39 on September 10, 2026, down 2.86 percent on the day. The move left the shares well below the 52-week high of USD 190.09, but above the 52-week low of USD 101.73.