Blackstone Inc. (BX) earnings on April 23, 2026
Prior outlook: Optimistic Outcome: Missed
The stock dropped significantly after its earnings report, falling over 5%. Investors seemed to sell after the recent price run-up.
BX price around the earnings
122.31
Change: -5.8%
2026-04-23, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
Strong momentum, but the scenario suggests potential profit-taking.
Experts note the stock has shown exceptional upward movement and a history of exceeding expectations. However, the significant price increase has also raised concerns about potential 'sell-the-news' risk, especially as it approaches resistance levels.
Context analyzed before publication
- Summary
- Strong momentum, but profit-taking activity is a factor in the scenario.
- Playbook
- The elevated risk of a short-term pullback after a strong run is a factor in the scenario; waiting for a more favorable reference area or for volatility to subside is a consideration.
- Trend
- Expert outlook shifted from positive to cautious.
Analysts
Drivers
-
Analysts
Positive
Analysts maintain buy ratings, citing a notable increase in price and a consistent history of beating expectations.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.05
- Analysts covering the stock
- 20
- Average price target
- 144.65
- Lowest price target
- 118
- Highest price target
- 195
- Upside to price target
- 12.6%
- Quarterly earnings growth
- 44.2%
- Revenue growth
- 50.6%
- Forward EPS
- 7.65
- Trailing EPS
- 3.87
- Analyst moves in the last 60 days
- 10
- Strong buy: 3
- Buy: 9
- Hold: 10
- Sell: 0
- Strong sell: 0
- Strong buy
- 3
- Buy
- 9
- Hold
- 10
- Sell
- 0
- Strong sell
- 0
- April 21, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- April 21, 2026 · Evercore ISI Group: Maintains rating (Outperform → Outperform)
- April 13, 2026 · Oppenheimer: Upgrades rating (Perform → Outperform)
- April 8, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- April 7, 2026 · Goldman Sachs: Maintains rating (Neutral → Neutral)
- April 7, 2026 · Piper Sandler: Maintains rating (Neutral → Neutral)
- March 24, 2026 · BMO Capital: Maintains rating (Outperform → Outperform)
- March 3, 2026 · JP Morgan: Maintains rating (Neutral → Neutral)
- March 2, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- February 24, 2026 · RBC Capital: Initiates coverage (Outperform)
News and sentiment
Drivers
-
News & sentiment
Negative
The rapid price increase over the past five days has led to warnings of 'high sell-the-news risk.' The stock is market review near a resistance level, and recent sentiment suggests many investors are already positioned, indicating a crowded case.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- Blackstone's Private Credit Fund Slashes Value Of ACI Group Holdings — Benzinga
- Morgan Stanley Maintains Overweight on Blackstone, Lowers Price Target to $184 — Benzinga
- Evercore ISI Group Maintains Outperform on Blackstone, Raises Price Target to $150 — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock's recent performance shows strong upward trends over 14 and 30 days, outperforming the broader market significantly.
Evidence
- Average true range (ATR)
- 3.5%
- Distance to 52-week high
- -32.4%
- 14-day change (14d)
- +12.4%
- 30-day change
- +16.9%
- 30-day relative strength
- +13.1%
- Benchmark change
- +3.8%
- Nearest support
- 101.73
- Nearest resistance
- 133.18
- Volume accumulation ratio
- 0.86
Trends
Evidence
- Average earnings surprise
- +12.9%
- January 29, 2026: actual EPS 1.75 vs estimate 1.54 (surprise +13.9%)
- October 23, 2025: actual EPS 1.52 vs estimate 1.23 (surprise +23.9%)
- July 24, 2025: actual EPS 1.21 vs estimate 1.09 (surprise +10.7%)
- April 17, 2025: actual EPS 1.09 vs estimate 1.06 (surprise +3.1%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 3.6%
- 75th percentile move
- 4.9%
- 90th percentile move
- 6.4%
- Up / down moves
- 9 / 10
- Average up move
- +3.7%
- Average down move
- -3.6%
Monitoring and close
What Blackstone Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -5.8%
- Max favorable move (MFE)
- 0%
- Max adverse move (MAE)
- 7.5%