TD Cowen cuts Blackstone target. Blackstone stock falls 1.03 percent

Published on 10/15/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TD Cowen cut its target from USD 154.00 to USD 144.00 on October 15, 2026. Blackstone stock costs EUR 95.01, 1.03 percent below Xetra close.

Upcoming results shape the setup

On October 15, 2026, The Cerbat Gem reported TD Cowen cut its target from USD 154.00 to USD 144.00.
Blackstone expects third-quarter revenue of USD 3.35 billion and earnings per share of USD 1.29 on October 22, 2026.
Blackstone stock trades at EUR 95.01 at 10:02 a.m. CEST at Lang & Schwarz on October 15, 2026, 1.03 percent below the Xetra close of October 14, 2026.

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Blackstone Inc. (ISIN US09260D1072) was trading at EUR 95.01 at Lang & Schwarz on October 15, 2026 at 10:02 a.m. CEST, 1.03 percent below the Xetra close of October 14, 2026 at EUR 96.00. The Cerbat Gem reported on October 15, 2026 that TD Cowen cut its Blackstone target from USD 154.00 to USD 144.00 and kept a Buy rating.

Target cut sharpens the valuation debate

The TD Cowen move reduced the target by USD 10.00, or 6.49 percent, in the research note covered by The Cerbat Gem. Barclays had cut its target from USD 128.00 to USD 124.00 on October 8, 2026, according to the same report, adding a second recent example of more cautious target-setting.

Blackstone's second-quarter 2026 revenue reached USD 5.04 billion, up 35.90 percent from the prior year, while earnings per share rose to USD 1.52 from USD 0.98. The figures were reported by The Cerbat Gem.

What does the target cut mean?

The immediate test is the third-quarter outlook. MarketBeat reported that analysts expect USD 3.35 billion in revenue and USD 1.29 in earnings per share for the third quarter of 2026, versus USD 3.09 billion and USD 1.52 in the year-earlier quarter. Revenue is projected higher, while earnings per share are projected lower.

Three dated signals for Blackstone

On July 23, 2026, Blackstone reported second-quarter revenue of USD 5.04 billion and earnings per share of USD 1.52. On October 8, 2026, Barclays lowered its target from USD 128.00 to USD 124.00. On October 15, 2026, TD Cowen lowered its target from USD 154.00 to USD 144.00.

Next reporting date

MarketBeat listed October 22, 2026 as the next reporting date, with the conference call scheduled for 9:00 a.m. ET.

Stock remains below its yearly high

Blackstone stock was trading at EUR 95.01 at Lang & Schwarz on October 15, 2026 at 10:02 a.m. CEST, 1.03 percent below the Xetra close of October 14, 2026 at EUR 96.00. The euro quote sits within the EUR 87.22 to EUR 143.48 52-week range reported for the German listing. The further course of trading is shown by the continuously updated real-time quote of Blackstone stock.