UBS reiterates Neutral for Blackstone stock on lower realizations
Published on 10/02/2026 at 14:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Blackstone Inc. (ISIN US09259E1082) was trading at EUR 3.59 at Lang & Schwarz on October 2, 2026 at 2:05 p.m. CEST, down 0.28 percent versus the prior close of EUR 3.60. On September 23, 2026, Investing.com reported that UBS reiterated a Neutral rating and a USD 122.00 price target as third-quarter realizations trailed the full-quarter consensus pace.
Realizations set the immediate test
UBS said Blackstone had disclosed third-quarter 2026 realizations exceeding USD 350 million through September 22, 2026. That figure stood against USD 710 million in consensus estimates for the full quarter, making realization timing the clearest near-term earnings variable.
The same Investing.com report said UBS estimated a USD 0.10 potential earnings-per-share impact under its realization scenario. The report also identified 11 downward earnings revisions for the upcoming period, adding a measurable counterweight to Blackstone's fundraising momentum.
Second-quarter growth remains substantial
In its July 23, 2026 filing summary, StockTitan reported USD 5.04 billion in total revenue for the second quarter of 2026, up 35.90 percent from USD 3.71 billion in the second quarter of 2025. The same filing summary put GAAP net income at USD 1.23 billion and distributable earnings at USD 1.98 billion, or USD 1.52 per share.
Fortune reported that distributable earnings increased 26.00 percent year over year in the second quarter of 2026. Assets under management reached USD 1.35 trillion, up 11.00 percent year over year, while fee-related earnings grew 22.00 percent and net realizations rose 27.00 percent.
Market value meets a valuation gap
Blackstone's latest finance quote showed a market capitalization of USD 135.6 billion as of October 2, 2026. The company operates in financial services and asset management, while its NYSE listing uses the ticker BX.
The contrast is clear: operating metrics from the second quarter showed double-digit growth, while the September realization update placed greater emphasis on the timing of performance revenues. For investors, that makes the next earnings update important for testing whether the second-quarter growth rate is translating into third-quarter realizations.
Euro quote and investor reference
Blackstone stock was trading at EUR 3.59 at Lang & Schwarz on October 2, 2026 at 2:05 p.m. CEST, down 0.28 percent versus the Lang & Schwarz prior close of EUR 3.60 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of Blackstone stock.
Blackstone stock facts
- Company: Blackstone Inc.
- ISIN: US09259E1082
- Ticker: BX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 2, 2026, 2:05 p.m. CEST): EUR 3.59
- Change versus prior close: minus 0.28 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 3.60
- Market capitalization: USD 135.6 billion (as of October 2, 2026)
- Sector / Industry: Financial Services / Asset Management
