Wells Fargo sets USD 122 target for Blackstone stock

Published on 10/05/2026 at 11:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 5.04 billion in the second quarter, 35.90 percent above last year. Blackstone stock costs EUR 99.60 on October 5, 2026 versus EUR 99.57.

Fotorealistisches Luftbild Manhattans mit Wolkenkratzern bei goldenem Abendlicht — Blackstone Inc. US09259E1082 – panoramischer Blick auf das New Yorker Finanzzentrum bei Abenddämmerung, Illustration mit AI erstellt.

Blackstone (ISIN US09260D1072) was trading at EUR 99.60 at Lang & Schwarz on October 5, 2026, up 0.03 percent from the EUR 99.57 prior close. According to Investing.com on October 1, 2026, Wells Fargo began coverage with a Hold rating and a USD 122.00 price target.

Wells Fargo sets a cautious marker

The USD 122.00 target gives the latest analyst view a concrete benchmark against Blackstone's US-listed shares. The same Investing.com page lists a broader average target of USD 142.82 and identifies Blackstone as listed on the New York Stock Exchange under ticker BX.

The target is also arriving before the next scheduled earnings report. Investing.com lists October 15, 2026 as Blackstone's next earnings date, giving investors a near-term checkpoint for fundraising, realizations and fee growth.

Second-quarter growth was substantial

Blackstone reported USD 5.04 billion of revenue in the second quarter of 2026, compared with USD 3.42 billion expected by analysts, according to MarketBeat. The increase was 35.90 percent from the comparable quarter, while adjusted earnings per share reached USD 1.52 against a USD 1.34 consensus estimate.

Blackstone's standardized financial statements show consolidated net income of USD 2.36 billion and a 46.70 percent net profit margin in the second quarter of 2026. Operating cash flow was USD 1.94 billion in the same period, giving the earnings picture a cash-generation counterpoint.

Stock stays below its yearly high

Blackstone's USD 134.98 billion market capitalization and USD 101.73 to USD 170.00 52-week range, both dated October 2, 2026, frame the current quote. The EUR 99.60 Lang & Schwarz price is a German-market reference and is separate from the NYSE quotation in USD, so the two currencies are not combined in one performance calculation.

At Lang & Schwarz, Blackstone was trading at EUR 99.60 on October 5, 2026 at 11:36 a.m. CEST, plus 0.03 percent versus the EUR 99.57 prior close dated October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Blackstone stock.