Blackstone stock rises on real estate leadership changes
Published on 09/09/2026 at 14:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Blackstone Inc. (US09259E1082) stock opened at USD 133.89 on September 9, 2026, with a market cap of USD 100.50 billion and a one-year range of USD 101.73 to USD 190.09. The latest catalyst came from CNBC TV18 on TradingView, which reported on September 9, 2026 that Blackstone's global head of real estate, Nadeem Meghji, is leaving the firm and will be replaced by two veteran executives.
Real estate takes the spotlight
The TradingView report said David Levine and Giovanni Cutaia were named co-heads of Blackstone real estate, and it added that Meghji will leave at year-end after joining the firm in 2008. It also said Blackstone's real estate portfolio was valued at USD 608 billion as of midyear, a scale that keeps leadership changes relevant for investors.
That same report tied the move to a market backdrop in which Blackstone said real estate now presents one of the most compelling investment environments in years. The contrast is clear: the portfolio figure of USD 608 billion and the year-end departure both point to a business line that remains central to the group's earnings power.
July 23 still matters
On July 23, 2026, MarketBeat said Blackstone reported EPS of USD 1.52 for the quarter, topping the consensus estimate of USD 1.34 by USD 0.18, while revenue came in at USD 5.04 billion versus expectations of USD 3.42 billion. The same report said quarterly revenue rose 35.9 percent from the same quarter a year earlier and that net margin was 21.84 percent.
MarketBeat also said Jefferies lifted its target price on Blackstone to USD 152.00 from USD 143.00 and kept a buy rating, while TD Cowen raised its target to USD 145.00 from USD 133.00 and also stayed at buy. The average target price listed there was USD 149.43, alongside 13 buy ratings and 11 hold ratings.
Stock near a lower band
Blackstone stock traded at USD 133.89 on September 9, 2026, which leaves it well below the one-year high of USD 190.09 and above the one-year low of USD 101.73. The shares also changed hands at a price-to-earnings ratio of 29.95, a market cap of USD 100.50 billion and a dividend yield of 3.9 percent in the same market snapshot.
Blackstone stock data
- Company: Blackstone Inc.
- ISIN: US09259E1082
- Ticker: BX
- Trading venue: NYSE
- Price (as of September 9, 2026): USD 133.89
- Market capitalization: USD 100.50 billion
- Sector / Industry: Financials / Asset Management
- Index membership: S&P 500
