On the basis of valuation, shares of Blackstone Inc. BX appear to be trading at a premium relative to the industry. The company's forward 12-month price/earnings (P/E) ratio of 16.48 is above the industry average of 9.87.
Marks said any risk stems from the pace of expansion in direct lending, which has ballooned to a market now exceeding $1 trillion since inception around 2011.
A Blackstone executive made a revealing comment about the state of private credit. Analysts are now reverse engineering its implications.
Outflows topped inflows by a record $1.7 billion in Blackstone's huge $82 billion private-credit fund in its latest quarter.
Blackstone said it redeemed more investments than usual in its flagship private-credit fund, in another sign of the stress the industry is facing.
Blackstone is upgraded to 'Strong Buy', as recent price declines are sentiment-driven, not fundamentals based. BX posted robust 2025 growth: FRE +9%, DE +19%, AUM +13%, and a record $198.3B dry powder. Valuation suggests a 38% discount to fair value, with a substantial margin of safety and 4.91% forward dividend yield.
Insider buying can signal confidence when executives and major shareholders put their own money on the line.
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with XP Inc.A (XP) and Blackstone Inc. (BX). But which of these two stocks presents investors with the better value opportunity right now?
Blackstone is rated a Strong Buy, with shares trading at an attractive 6.2x sales—near the low end of its historical range. BX's fundamentals remain robust, with AUM up 13% to $1.27T, fee-related earnings up 9%, and distributable earnings up 19% year-over-year. Concerns over private equity markdowns and industry headwinds are likely cyclical, not structural, with BX's scale and perpetual capital supporting long-term stability.
Executives at Apollo , Ares , Blackstone , KKR and other private capital firms are having trouble convincing stock market investors that their portfolios are safe from the effects of a selloff battering the software sector due to fears that artificial intelligence will render it irrelevant.
Private equity firm Platinum has agreed to sell Spanish waste management company Urbaser to Blackstone and EQT for $6.6 billion, the company said in a statement on Thursday.
Investors interested in stocks from the Financial - Miscellaneous Services sector have probably already heard of XP Inc.A (XP) and Blackstone Inc. (BX). But which of these two stocks presents investors with the better value opportunity right now?