Blackstone (NYSE:BX) is preparing to release its quarterly earnings on Thursday, 2026-01-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Blackstone to report an earnings per share (EPS) of $1.52.

The market awaits Blackstone's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Overview of Past Earnings

In the previous earnings release, the company beat EPS by $0.30, leading to a 0.25% drop in the share price the following trading session.

Here's a look at Blackstone's past performance and the resulting price change:

Quarter	Q3 2025	Q2 2025	Q1 2025	Q4 2024
EPS Estimate	1.22	1.10	1.06	1.47
EPS Actual	1.52	1.21	1.09	1.69
Price Change %	0.00	0.00	1.00	0.00

Blackstone Share Price Analysis

Shares of Blackstone were trading at $148.41 as of January 27. Over the last 52-week period, shares are down 16.52%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analysts' Take on Blackstone

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Blackstone.

The consensus rating for Blackstone is Neutral, based on 5 analyst ratings. With an average one-year price target of $174.6, there's a potential 16.35% upside.

Analyzing Analyst Ratings Among Peers

The analysis below examines the analyst ratings and average 1-year price targets of KKR, Brookfield Asset Mgmt and Ares Management, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.

• Analysts currently favor an Outperform trajectory for KKR, with an average 1-year price target of $158.62, suggesting a potential 5.7% upside.
• Analysts currently favor an Buy trajectory for Brookfield Asset Mgmt, with an average 1-year price target of $60.69, suggesting a potential 59.56% downside.
• Analysts currently favor an Outperform trajectory for Ares Management, with an average 1-year price target of $203.57, suggesting a potential 35.65% upside.

Peer Metrics Summary

The peer analysis summary provides a snapshot of key metrics for KKR, Brookfield Asset Mgmt and Ares Management, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

Company	Consensus	Revenue Growth	Gross Profit	Return on Equity
Brookfield	Buy	-8.27%	$4.29B	0.42%
KKR	Outperform	15.50%	$1.35B	3.25%
Brookfield Asset Mgmt	Buy	7.34%	$761M	8.55%
Ares Management	Outperform	46.73%	$997.79M	0.19%

Key Takeaway:

Blackstone ranks at the top for Gross Profit and Return on Equity among its peers. It is in the middle for Revenue Growth.

Unveiling the Story Behind Blackstone

Blackstone is the world's largest alternative-asset manager with $1.242 trillion in total asset under management, including $906.2 billion in fee-earning assets under management, at the end of September 2025. The company operates with scale in each of its major product lines: private equity (26% of fee-earning AUM and 33% of base management fees), real estate/real assets (31% and 35%), private credit (34% and 25%), and other alternatives (9% and 7%). While the firm primarily serves institutional investors (84% of AUM), it also caters to clients in the high-net-worth channel (16%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).

Understanding the Numbers: Blackstone's Finances

Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.

Revenue Challenges: Blackstone's revenue growth over 3 months faced difficulties. As of 30 September, 2025, the company experienced a decline of approximately -6.95%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Blackstone's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 23.27%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Blackstone's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.46% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.36%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Blackstone's debt-to-equity ratio stands notably higher than the industry average, reaching 1.54. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

To track all earnings releases for Blackstone visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.