• Blackstone (NYSE:BX) is reported to be in talks to provide about $35b in private credit financing to Broadcom to support advanced AI chip development.
• The company has also agreed to acquire a majority stake in Greek e-commerce platform Skroutz, expanding its presence in technology focused businesses and international markets.

These developments come as Blackstone trades around $121.40 per share, with the stock up 5.7% over the past month but down 23.6% year to date and 15.6% over the past year. Over longer periods, returns of 60.2% over three years and 64.0% over five years show that NYSE:BX has delivered gains for investors who held through shorter term swings.

For investors, the Broadcom financing discussions and the Skroutz acquisition add information about how Blackstone is deploying capital across private credit and technology focused assets. The scale of the proposed $35b financing and the move into Greek e-commerce could influence how the market evaluates Blackstone's growth drivers and risk profile over time.

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Quick Assessment

• ⚖️ Price vs Analyst Target: At US$121.40, Blackstone trades about 15.5% below the US$143.70 analyst price target.
• ⚖️ Simply Wall St Valuation: The stock is described as trading close to estimated fair value.
• ✅ Recent Momentum: The share price is up 5.7% over the last 30 days.

There is only one way to know the right time to buy, sell or hold Blackstone. Head to Simply Wall St's company report for the latest analysis of Blackstone's Fair Value.

Key Considerations

• 📊 The proposed US$35b Broadcom financing and Skroutz deal increase Blackstone's exposure to private credit and technology related assets, which could shape future fee and performance income.
• 📊 Watch how these moves affect earnings relative to the current 31.2x P/E, as well as any impact on balance sheet strength and capital deployment capacity.
• ⚠️ A 3.9% dividend that is not well covered by earnings or free cash flow is worth tracking if these transactions change cash generation or payout flexibility.

Dig Deeper

For the full picture including more risks and rewards, check out the complete Blackstone analysis. Alternatively, you can visit the community page for Blackstone to see how other investors believe this latest news will impact the company's narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.