What is Blackstone's total AUM as of 2026?

Blackstone's total assets under management stood at $1.35 trillion as of the second quarter of 2026, cementing its position among the largest alternative asset managers globally. This figure includes committed but not yet deployed capital, actively managed assets, and assets in various stages of the investment lifecycle across real estate, private equity, credit and insurance, and multi-asset investing. The firm recorded approximately $70 billion in new inflows during Q2 2026 alone, reflecting continued strong fundraising appetite from institutional and retail investor channels. Total AUM is a broad headline number; it includes capital that has not yet begun generating management fees. A more operationally relevant figure is fee-earning AUM, which at $961.6 billion represents the portion of the asset base on which Blackstone actively earns management fees. The gap between the two reflects the fundraising pipeline and the lag between capital commitment and fee activation.

How does Blackstone make money — what are its main revenue streams?

Blackstone earns revenue through two primary mechanisms: management fees and performance-related revenues. Management fees are charged as a percentage of fee-earning AUM and provide a relatively stable, recurring income stream that is largely independent of short-term market movements. As fee-earning AUM has scaled toward nearly $1 trillion, these fees form a substantial and predictable base of earnings. Performance revenues, which include realized and unrealized carried interest and incentive fees, are earned when investment funds exceed agreed return hurdles. These are less predictable quarter to quarter but can be significant during periods of strong asset appreciation or high exit activity. Blackstone also earns transaction and advisory fees on deals it executes. In Q2 2026, the firm reported total revenue of $5.04 billion, with distributable earnings of $2.0 billion reflecting the cash-generating power of the business. The balance between stable fee income and cyclical performance revenue is a central feature of how analysts assess the firm's earnings quality.

What does distributable earnings per share mean for BX and why does it matter more than GAAP EPS?

Distributable earnings per share (DE per share) measures the cash Blackstone has actually realized and available to distribute to shareholders, stripped of non-cash accounting items that can distort the GAAP income statement. For alternative asset managers, GAAP earnings are heavily influenced by unrealized fair-value changes in fund investments, which fluctuate with market conditions regardless of whether any assets have been sold. In Q2 2026, Blackstone reported GAAP diluted EPS of $1.54 and distributable earnings per share of $1.52. The two figures were close in that quarter, but in other periods they can diverge materially. DE per share is the metric Blackstone itself uses to determine the quarterly dividend, making it the direct link between operating performance and shareholder returns. Investors and analysts who follow alternative managers typically place greater weight on DE and DE per share when assessing ongoing earning power, because it filters out mark-to-market noise and reflects the pace of actual capital realization, exits, loan repayments, and fee collection, rather than accounting estimates.

What drove BX's Q2 2026 earnings results?

Blackstone's Q2 2026 results reflected strong performance across the firm's core businesses. Total revenue reached $5.04 billion, net income attributable to Blackstone came in at $1.229 billion, and distributable earnings totaled $2.0 billion, or $1.52 per share. The quarter was supported by robust fundraising, with approximately $70 billion in new inflows, and by continued appreciation within private market portfolios. The real estate and credit segments remained significant contributors, as private credit has expanded rapidly in an environment of higher base rates that increased the yield on floating-rate loans held within credit funds. The firm's infrastructure and insurance-oriented strategies also supported fee-earning AUM growth. Additionally, Blackstone repurchased approximately 200,000 shares during the quarter at an average price of $120.46, deploying roughly $24 million of the $1.64 billion remaining under its repurchase authorization. The combination of strong inflows, realized performance revenues, and growing management fees characterized the quarter's earnings composition.

How does Blackstone's dividend work and why does it vary each quarter?

Blackstone pays a variable quarterly dividend that is directly linked to its distributable earnings rather than a fixed dollar amount set in advance. For Q2 2026, the declared dividend was $1.29 per share. Because distributable earnings fluctuate with the pace of asset realizations, performance fee crystallization, and management fee growth, the dividend naturally moves up or down with those underlying cash flows. This variable structure is common among alternative asset managers and reflects the business model: when more funds are realized and performance fees are collected, more cash is available to distribute; when realization activity is lower, the payout is smaller. The Q2 2026 dividend of $1.29 per share represented a payout of the majority of that quarter's DE per share of $1.52. Investors who follow BX for income should expect meaningful quarter-to-quarter variability rather than the steady fixed payments associated with traditional dividend-paying stocks. The board determines each quarter's dividend based on actual realized cash generation, not a forward estimate.

What is fee-earning AUM and how does it differ from total AUM at Blackstone?

Fee-earning AUM is the portion of Blackstone's total asset base on which the firm actively collects management fees. As of Q2 2026, fee-earning AUM stood at $961.6 billion, compared to total AUM of $1.35 trillion. The difference of roughly $390 billion represents capital that has been committed by investors but has not yet been deployed or activated for fee purposes, as well as assets in wind-down that no longer bear fees. Fee-earning AUM is the more operationally relevant figure for estimating the predictable, recurring component of Blackstone's revenue. Management fee income is calculated against this base, so growth in fee-earning AUM translates directly into higher stable earnings. Total AUM, by contrast, is a broader measure of the firm's market presence and fundraising success but includes capital at various lifecycle stages. When Blackstone raises a new fund, that capital first appears in total AUM; it typically migrates into fee-earning AUM once capital is called or the investment period begins, creating a lag that fundraising announcements do not immediately close.

How does Blackstone compare to Apollo Global Management and KKR?

Blackstone, Apollo Global Management, and KKR are three of the largest publicly traded alternative asset managers, and each has developed distinct strategic emphases over time. Blackstone has historically been most identified with real estate and private equity, and its total AUM of $1.35 trillion as of Q2 2026 places it among the largest in the alternatives space. Apollo has increasingly focused on insurance and credit strategies, particularly since its merger with Athene, giving it a large pool of annuity-related assets to invest. KKR has pursued a broadly diversified model across private equity, infrastructure, and real estate, also with an expanding insurance component. All three use distributable earnings as their primary performance metric and generate revenue from management fees and carried interest. Their competitive dynamics center on fundraising from institutional investors, access to deal flow, and the ability to launch differentiated products for retail and high-net-worth channels. Direct numerical comparisons of AUM, earnings, or fee rates across the three firms require current public filings from each; the figures provided here cover only Blackstone's Q2 2026 results. The firms are often analyzed together as a peer group, but their revenue mixes, balance sheet structures, and growth strategies differ in meaningful ways.

What is the impact of interest rates on Blackstone's stock price?

Interest rates affect BX through several transmission channels simultaneously, pulling in different directions depending on where rates move. Higher rates increase borrowing costs across Blackstone's portfolio companies and real estate assets, compressing valuations and slowing the pace of profitable exits. Because a meaningful portion of Blackstone's distributable earnings comes from realizations, selling assets at a gain, a prolonged high-rate environment that discourages exits tends to suppress this income line. On the other hand, Blackstone's credit businesses benefit when base rates are elevated, since the yields earned on floating-rate loans rise with benchmark rates. The net effect on any given quarter depends on how these forces balance. Rate expectations also influence how investors discount future carried interest and fee streams, affecting the BX multiple directly. As the rate cycle evolves through 2026, shifts in Federal Reserve guidance can move BX meaningfully, even without a change in underlying portfolio fundamentals.

How does Blackstone's real estate segment affect BX share performance?

Real estate has historically been Blackstone's largest segment by assets under management, and its performance carries significant weight in overall earnings. When property valuations appreciate and Blackstone executes profitable dispositions, carried interest accrues and realizations lift distributable earnings. The inverse is also true: periods of property price pressure, driven by rising cap rates, higher financing costs, or reduced transaction volumes, can reduce or delay those realizations. Blackstone's flagship non-traded REIT vehicles, which pool capital from individual and institutional investors, also affect AUM trends and management fee revenue. Net inflows or outflows from these products are tracked closely by analysts as a leading indicator of fee-earning AUM growth. With total AUM at $1.35 trillion as of Q2 2026 and fee-earning AUM at $961.6 billion, the real estate segment's contribution to those figures is material. Any large property transaction, acquisition or sale, can shift quarterly earnings visibly.

What is the BXDC data center REIT and how does it relate to BX equity?

Blackstone Digital Infrastructure Trust (BXDC) is a non-traded REIT sponsored by Blackstone that focuses on data center and digital infrastructure assets. It raises capital from investors seeking exposure to AI-adjacent real assets, and Blackstone earns management fees and potentially carried interest on the capital it manages within that vehicle. The trust reported Q2 2026 results per a Business Wire release dated August 2026, indicating it is actively deployed and generating activity. For BX equity holders, BXDC matters because it sits within Blackstone's broader AUM base and contributes to fee-earning AUM. Growth in BXDC's assets translates into higher recurring management fee income at the parent level. Additionally, if the trust produces strong returns and Blackstone eventually realizes gains, carried interest income would flow back to BX. BXDC therefore represents both a fee-revenue source and a vehicle that concentrates Blackstone's positioning in the data center infrastructure theme.

What are the main risks of trading BX stock in 2026?

BX faces several identifiable risks in 2026. Valuation risk is prominent: the stock is priced to reflect continued AUM growth, robust fundraising, and eventual acceleration in asset realizations. If any of those expectations disappoint, slower inflows, prolonged exit markets, or weaker performance fees, the multiple can compress quickly. The Q2 2026 inflows of approximately $70 billion demonstrate current momentum, but fundraising cycles can shift. Market structure risk is also relevant. Blackstone's earnings are partly dependent on private market valuations, which are marked periodically rather than continuously; reported results may lag deterioration in underlying assets. Interest rate sensitivity, real estate cycle exposure, and regulatory changes affecting private fund structures or non-traded REITs all represent additional vectors. For traders using leverage, these risks are amplified: a CFD position on BX with leverage can result in losses that exceed the initial margin, including the possibility of liquidation if the position moves adversely. Monitoring fee-earning AUM trends, realization activity, and rate policy is therefore central to any BX trading framework.

How does private credit growth affect Blackstone's earnings and valuation?

Private credit has expanded as a revenue driver for Blackstone, contributing to both recurring management fees and yield-linked income. When Blackstone deploys capital into direct lending, infrastructure debt, or asset-backed lending, it earns fees on that fee-earning AUM and benefits from the interest income flowing through its credit vehicles. The growth in this segment has helped diversify earnings away from the more episodic carried interest income tied to equity realizations. For valuation purposes, private credit revenue is viewed as relatively stable and recurring, which typically commands a higher earnings multiple than lumpy transaction fees. As investors allocate more capital to private credit, a trend visible in Blackstone's fundraising, fee-earning AUM and distributable earnings both benefit. Blackstone reported fee-earning AUM of $961.6 billion in Q2 2026, and the credit segment's contribution to that figure has grown over time. Analysts tracking BX often decompose earnings between credit-derived and equity-realization-derived income for this reason.

What is carried interest and how does it influence Blackstone's quarterly results?

Carried interest is the performance fee Blackstone receives once a fund's investment returns exceed a predetermined hurdle rate, typically representing a share of the profits above that threshold. It is the most economically significant but least predictable component of Blackstone's earnings. When the firm sells portfolio companies or real estate assets at a gain, carried interest is realized and flows into distributable earnings. In quarters with few large exits, realized carried interest can be minimal. This variability explains why Blackstone's quarterly results can differ significantly from period to period even when management fee income is stable. In Q2 2026, Blackstone reported distributable earnings of $2.0 billion and distributable earnings per share of $1.52, reflecting realized performance income alongside management fees. The gap between total AUM ($1.35 trillion) and fee-earning AUM ($961.6 billion) also partially reflects undeployed or unrealized capital where carried interest may vest in future periods. Analysts therefore focus on both the pace of realizations and the size of the unrealized carry pipeline when assessing BX's earnings trajectory.

How does Blackstone benefit from the AI infrastructure investment theme?

Blackstone has positioned itself as a large-scale owner and developer of data center assets, power infrastructure, and related logistics properties, all of which are in elevated demand as AI workloads drive electricity and compute requirements. The Blackstone Digital Infrastructure Trust (BXDC) is one formal vehicle for this exposure, but Blackstone's broader real estate and infrastructure funds also hold assets tied to digital infrastructure buildout. The practical benefit for BX equity is twofold. First, strong demand for these assets supports valuations within Blackstone's funds, potentially accelerating appreciation and future carried interest. Second, raising dedicated vehicles like BXDC grows fee-earning AUM and generates management fee income. The AI infrastructure narrative has also supported investor appetite for Blackstone's fundraising, with Q2 2026 inflows of approximately $70 billion partly reflecting demand for alternatives with digital and infrastructure exposure. Whether this thematic tailwind persists depends on the pace of hyperscaler capital expenditure and the regulatory environment for large-scale power development.

What is a BX CFD and how does it differ from buying BX shares directly?

A BX CFD on CoinUnited is a contract for difference: it provides price exposure to Blackstone Inc. stock without conferring any ownership of the underlying shares. Holding a BX CFD position does not grant voting rights, direct dividend entitlement, or any equity claim on Blackstone's assets. The position gains or loses value as BX's price moves, and accounts are funded and withdrawn in crypto rather than through a traditional bank account. The structural differences from direct share ownership are significant. CoinUnited's BX CFD trades 24 hours a day, seven days a week, including weekends and market holidays, whereas NYSE-listed BX shares trade only during exchange hours. This means a trader can act on weekend news, an acquisition announcement, a Fed statement, or a regulatory development, without waiting for Monday's open. The instrument also carries leverage, with a maximum of 800x available subject to product, jurisdiction and account eligibility; leverage amplifies both gains and losses and can result in liquidation. Trading fees apply and are tiered by 30-day contract volume across nine VIP levels, reaching 0.000% only at VIP 9. The full fee schedule is at https://coinunited.io/en/account/trading-fees.

Can I trade BX on weekends or after NYSE market hours on CoinUnited?

Yes. The CoinUnited BX CFD trades 24 hours a day, seven days a week, including weekends and market holidays. The underlying NYSE-listed stock closes each session and does not trade on Saturdays or Sundays, which means participants in the cash market must wait for the next open to react to new information. On CoinUnited, that gap does not exist. This distinction has practical implications for BX specifically. Blackstone is a frequent subject of weekend news: fund-close announcements, large acquisition disclosures, macroeconomic data releases affecting private-market sentiment, and regulatory updates can all land outside NYSE hours. A trader monitoring those developments can open or adjust a CFD position immediately rather than waiting for Monday's open. Similarly, Blackstone's quarterly earnings calls typically occur after the cash close, and the price reaction can begin in extended hours before most retail venues are accessible. The instrument provides price exposure via a CFD, not ownership of BX shares. No shareholding, voting rights, or dividends attach to the position. Trading fees apply at all times; the fee schedule is tiered by 30-day contract volume and is published at https://coinunited.io/en/account/trading-fees.

How does leverage work when trading BX CFDs and what is the liquidation risk?

Trading BX CFDs on CoinUnited involves price exposure to Blackstone's share price without holding the underlying equity. Leverage allows a trader to control a notional position larger than the margin deposited. For example, a $1,000 margin position at 10x leverage carries $10,000 of notional exposure. The maximum leverage available on this specific instrument is 800x, subject to product type, jurisdiction, and individual account eligibility. Leverage amplifies both gains and losses proportionally. A 1% move in BX's price on an 800x leveraged position produces an 800% move in the margin value, meaning the position can be fully wiped out by a move smaller than 0.125% against the trade direction. When a position's losses erode the margin below the maintenance threshold, the platform will liquidate it automatically. There is no grace period in fast-moving markets: a BX earnings release, a large macro surprise, or a sharp risk-off session can move the stock several percent in minutes. Managing position size relative to available margin is the primary mechanism for controlling liquidation risk. High leverage is a specification of the instrument, not a recommendation for how to size a trade. Traders should review the full conditions before opening a leveraged position.

What events typically cause the largest single-day moves in BX stock?

For BX, the largest single-session price swings tend to cluster around four categories of events. Quarterly earnings releases are the most consistent trigger: Blackstone reports distributable earnings, fee-earning AUM changes, and inflow figures that analysts and investors compare against prior quarters and expectations. Results that diverge materially from consensus, in either direction, produce rapid repricing. Q2 2026 results, which included approximately $70 billion in quarterly inflows and $2.0 billion in distributable earnings, illustrate the kind of figures the market trades against. Federal Reserve communications and interest-rate decisions are a second major catalyst. Blackstone's valuations, fundraising appetite, and credit business are all sensitive to rate expectations, so FOMC meetings and inflation data releases frequently produce above-average BX moves. Third, large capital raises or flagship fund closes can shift sentiment around the company's near-term fee revenue trajectory. Finally, broad risk-off episodes, such as credit-spread widening or equity-market sell-offs, tend to hit alternative asset managers with above-average volatility because their earnings are partly performance-dependent. BX options implied volatility, where available, reflects the market's current estimate of likely move magnitude around scheduled events.

How does Blackstone's fundraising pace in 2026 compare to historical inflow cycles?

Blackstone's Q2 2026 inflows of approximately $70 billion in a single quarter place the firm's current fundraising pace among the stronger periods in its history as a public company. The firm's total AUM reached $1.35 trillion as of the most recent reporting, with fee-earning AUM of $961.6 billion, a base that itself reflects cumulative inflow success over many years. Reaching $1 trillion in total AUM was a milestone that took the firm more than a decade after its 2007 IPO; the pace required to grow from that level to $1.35 trillion and beyond reflects both institutional and growing retail-channel demand for alternatives. Historically, Blackstone's fundraising has been cyclical. Inflows slowed materially in 2022 and into 2023 as rising rates pressured real estate valuations and triggered redemption activity in some vehicles. The reacceleration visible in 2025 and into 2026 broadly tracks a stabilization of rate expectations and renewed appetite for private credit and infrastructure strategies. The current quarterly run-rate, if sustained, would imply annualized gross inflows well above the pace seen during most of the post-GFC expansion period. Fundraising pace is not a direct equity return predictor; it informs future fee-earning AUM growth and eventually management fee revenue, with a lag.

Zu anderen Kryptowährungen navigieren

BXBlackstone Inc.

Schnellzugriffe

Positionsrechner

Positionsgröße (USD)Hebel

Benötigte Margin

$10.00

P&L wenn BX sich bewegt

+1%+$10.00

+5%+$50.00

+10%+$100.00

Beginnen Sie den Handel mit {leverage}x Hebel

Blackstone Inc.

$128.55

+2.52% (24h)

AktienStufe CHandelbar auf CoinUnited.io800x Hebel

Today's SignalNext earnings2026-10-21Latest quarter revenue$5.04BQ2 2026Net income$1.23BQ2 2026

How can you trade Blackstone Inc.? Blackstone Inc. (BX) is publicly listed. On CoinUnited, eligible users can trade a BX stock CFD — price exposure that tracks the share price. It is a price CFD, not equity (no shareholder voting; dividends reflected as an adjustment) — with leverage, from US$100. Die Zugangsbedingungen hängen von der Rechtsordnung und der Produktverfügbarkeit ab.

How to trade it

Trading stock CFDs on CoinUnited + strategy

Status des Handelsregimes

Hebel

800x

(Maximum auf CoinUnited.io)

Volatilität

Normal

(2.96% 24h)

So funktioniert der BX-CFD

Vor dem Handel: verstehe genau, was du bekommst, was nicht und wo die Risiken liegen.

Was du bekommst

Preisexposure auf den Referenzpreis von BX (synthetischer Differenzkontrakt), folgt dem CoinUnited-Referenzpreis auf und ab.

Was du nicht bekommst

It is not equity: no shares, no voting rights; dividends are reflected as an adjustment, not paid to you.

Basisrisiko (Basis risk)

The CoinUnited reference tracks the share price but can differ from the exchange price; extended-hours liquidity is thinner.

Hebel-Illustration: Mit $100 Margin × 800-fachem Hebel baust du eine nominale Position von $80,000 auf; erreicht der Preis in Gegenrichtung das Liquidationsniveau, wird zwangsliquidiert. Hoher Hebel verstärkt Gewinne und Verluste sowie das Liquidationsrisiko.

Trading conditions on CoinUnited

Fee schedule as of 2026-08-19

Product type	CFD	Synthetic price exposure. You do not hold the underlying asset.
Trading fee	0,070%	Per side, at the standard tier. Falls with 30-day volume and reaches 0.000% at VIP 9.
Trading hours	24/7	Round the clock, weekends included — the underlying market closes, this instrument does not.
Hebel - Intraday	800x	Während der aktiven Handelszeiten. Erfordert 0,063% Margin bei der kleinsten Positionsgröße. Verfügbarkeit und der maximale Hebel hängen von Produkt, Jurisdiktion und Kontoberechtigung ab; Hebel verstärkt Verluste, und Positionen können liquidiert werden.
Hebel - über Nacht	800x	Für eine Position, die über den Handelstag hinaus gehalten wird. Erfordert 0,063% Margin bei der kleinsten Positionsgröße.
Hebel - Wochenenden und Feiertage	100x	Für eine Position, die über eine Marktschließung hinweg gehalten wird. Erfordert 0,500% Margin bei der kleinsten Positionsgröße - prüfen Sie Ihre Positionsgröße, bevor Sie sie über ein Wochenende halten.
Direction	Long or short	Take a position in either direction. A short position profits when the price falls and loses when it rises.
Funding	Crypto deposit	Fund and withdraw in crypto. No bank transfer or card is required.

See the full fee schedule →

Trading BX on CoinUnited.io — Mechanics, Scenarios, and Risk Management

Trading BX on CoinUnited.io, Mechanics, Scenarios, and Risk Management

A BX CFD on CoinUnited.io provides price exposure that tracks the underlying NYSE-listed share without conferring any shareholding, voting rights, or entitlement to Blackstone dividends. The instrument is a leveraged price contract, settled and margined in crypto, funded entirely from a crypto-denominated account, no traditional bank account or paperwork is required.

How the CFD Instrument Works

When a trader opens a BX position on CoinUnited, the platform creates a contract whose value moves in line with the BX reference price. Gains and losses are credited or debited to the trader's crypto balance in real time. The position does not represent ownership of BX shares, and Blackstone's declared dividends, $1.29 per share in Q2 2026, do not flow to CFD holders.

The economic exposure is purely directional: the trader benefits if the reference price rises and loses if it falls, with magnitude determined by leverage.

24/7 Access vs. NYSE Hours

The NYSE operates weekdays and closes at 16:00 ET, with no trading on US market holidays. The CoinUnited BX instrument trades continuously, 24 hours a day, seven days a week, including weekends and exchange holidays. This is a material structural difference, not a minor convenience.

Three concrete scenarios illustrate the gap:

Scenario	NYSE Trader	CoinUnited CFD Trader
Earnings release after 16:00 ET	Waits until next morning open	Can act immediately on the print
Weekend regulatory news on private fund rules	No access until Monday	Can respond in real time
Asia-session repricing of alternatives sentiment	Carries overnight exposure with no exit	Can manage or close the position at any hour

As of September 2026, Blackstone's next estimated earnings date is October 22, 2026 (per MarketBeat). Q3 results, if released after the NYSE close, would be tradeable on CoinUnited before any US exchange reopens.

Worked Leverage Example, 800x

The maximum leverage on the CoinUnited BX CFD is 800x. Availability and the applicable maximum depend on product, jurisdiction, and account eligibility. The following example uses that figure to illustrate mechanics; it is not a recommendation.

Setup:

-Margin deposited: 100 USDT
-Leverage applied: 800x
-Notional exposure established: 100 × 800 = 80,000 USDT

BX Reference Price Move	P&L on 80,000 USDT notional	Effect on 100 USDT margin
+1%	+800 USDT	+800% (gain equals 8× the margin)
−1%	−800 USDT	−800% (full margin wiped; liquidation risk)
+0.125%	+100 USDT	Margin doubled
−0.125%	−100 USDT	Margin eliminated

At 800x, a reference price move of approximately 0.125% in the adverse direction is sufficient to eliminate the full margin. Liquidation can occur before a stop order executes, particularly around earnings prints or macro announcements where BX moves in a single, gapped step rather than continuously.

BX-Specific Risks for Leveraged CFD Traders

Earnings gap risk. Blackstone's most recent quarterly result, distributable EPS of $1.52 against a consensus of $1.34, and revenue of $5.04 billion against a $3.42 billion consensus, demonstrated how large the surprise component can be.

A miss of similar magnitude in the opposite direction in a future quarter could produce a rapid, gapped price move that reaches liquidation thresholds before resting stop orders fill. The analyst consensus for full-year 2026 EPS stands at $5.99 (per MarketBeat); any quarterly result that materially disrupts that trajectory carries elevated gap risk.

Traders holding leveraged positions into the estimated October 22, 2026 earnings date should size accordingly.

Real estate NAV revision risk. A significant portion of Blackstone's fee-earning AUM is tied to real estate funds. Downward net asset value revisions, driven by capitalisation rate movements, property market dislocations, or redemption pressure in non-traded vehicles, can affect both reported earnings and market sentiment toward the stock, creating non-linear price moves.

Performance fee seasonality. Blackstone's distributable earnings are structurally higher in Q4, when annual fund performance fees crystallise. This creates a recurring pattern of earnings variance across the calendar year; Q1 and Q3 prints tend to carry less performance revenue, and a trader extrapolating Q4 results to other quarters may misjudge the run-rate.

Leverage amplifies all of the above. None of these risks is unique to CFD trading, but leverage transforms a 3–5% gap in the underlying into a multiple of that figure relative to deposited margin.

Position Sizing and Fee Awareness

Position sizing for a leveraged alternative asset manager stock should account for two variables simultaneously: the dollar distance to liquidation (a function of leverage chosen) and the calendar proximity to a known catalyst such as earnings or an investor conference.

Blackstone participated in a Financial Services Conference on September 15, 2026, events of this type can move the stock ahead of formal earnings.

Trading fees on CoinUnited are tiered by 30-day contract volume across nine VIP levels and are not zero at the standard tier. The applicable rate is displayed directly on the instrument page; the full schedule is available at coinunited.io/en/account/trading-fees. Traders with high monthly volume qualify for progressively lower rates.

At high leverage and short holding periods, the fee rate relative to the position's notional size is worth calculating explicitly before entry.

For broader context on how alternative asset managers fit within the 2026 stocks market outlook, including macro drivers affecting private market valuations, and for analysis of the private credit themes closely linked to Blackstone's earnings trajectory, see the coverage of the [Apollo & Blackstone AI Private Credit

Surge](/en/themes/apollo-blackstone-ai-private-credit-surge/) theme.

⚡800x💰Fees down to 0%⏱️10s Start🌐24/7

Bereit, BX zu handeln?

Bis zu 800x Hebel · 24/7 Handel

Handeln Sie jetzt BX

Key facts & how to trade

The essentials + how you access it on CoinUnited

Handelbarkeitsvergleich

A CoinUnited stock CFD vs holding the underlying shares — how, when, and in what form you get exposure. The stock price is everywhere; this comparison is the differentiator.

Bedingungen	CoinUnited (CFD)	Holding shares (exchange)
Product form	Stock CFD (price exposure)	Equity ownership
Trading hours	24/7	Exchange regular hours
Leverage	Available (by product terms)	None / margin account needed
Shareholder rights	None (no voting; dividends as adjustment)	Voting + dividends
Access	Eligible users, by region + product	Brokerage account required

*Zugang und Mindesteinlage variieren je nach Rechtsordnung und Produktverfügbarkeit.

Kernfakten

Die am häufigsten zitierten Kernfakten dieses Unternehmens, jeweils mit Quelle – ein Schnellreferenz-Kasten für Leser und KI-Engines.

Primärquelle: Wikidata

Gegründet	1985
Hauptsitz	New York City
Vorstandsvorsitzender	Stephen A. Schwarzman
Branche	financial services
Börsenstatus	Börsennotiert: BXExchange
Marktkapitalisierung	$102B (Stand 2026-09-06)CoinUnited reference x SEC shares
KGV	~35.1CoinUnited reference / SEC annual EPS
52-Wochen-Spanne	$101.73 – $190.06CoinUnited daily kline
Nächste Zahlen	2026-10-21Finnhub
CoinUnited-Produkt	Aktien-CFD - ausschließlich Preisexponierung, keine Beteiligung (kein Stimmrecht; Dividenden werden als Anpassung abgebildet); Hebel verfügbar.CoinUnited-Produktbedingungen

Preis & Marktstruktur

24H Spanne: $126.92→$130.73

24H Tief

$126.92

24H Hoch

$130.73

BID / ASK

$128.46 / $128.64

Diagramm wird geladen...

Company & financials

Business model + audited SEC financials

What Is Blackstone Inc. (BX)?

TL;DR

Blackstone Inc. is the world's largest alternative asset manager with $1.35 trillion in AUM, generating $2.0 billion in Q2 2026 distributable earnings, and its CFD on CoinUnited provides continuous price exposure to its fee-earning business cycle.

Blackstone Inc. is a New York-headquartered alternative asset management firm founded in 1985 by Stephen Schwarzman and Peter Peterson, listed on the New York Stock Exchange under the ticker BX. It is the largest alternative asset manager in the world by assets under management, a position it has held and extended through consistent fundraising growth across multiple economic cycles.

The BX share price represents a claim on the earnings and balance sheet of a business that is, at its core, paid to manage other people's capital. As the Finn Research Team described it: "Blackstone is paid to manage other people's money. It earns management and advisory fees from funds, investors, and portfolio companies.

These fees are usually tied to assets under management or committed capital." That description captures the essential economics behind every quarterly result and every movement in the stock.

Business Segments and Revenue Model

Blackstone organises its investment activities across four principal segments: Private Equity, Real Estate, Credit & Insurance, and Multi-Asset Investing. Each segment raises capital from institutional and high-net-worth investors, deploys it into private markets, and returns it alongside a share of profits.

Revenue flows from three primary sources:

Revenue Stream	Nature	Predictability
Management & advisory fees	Recurring; tied to fee-earning AUM or committed capital	High
Performance revenues (carried interest)	Contingent on returns exceeding a hurdle rate	Variable
Investment income	Interest, dividends, and gains on Blackstone's own balance sheet	Variable

Management and advisory fees form the largest and most stable component. In FY2025, this line totalled $8.08 billion against total FY2025 revenue of $14.45 billion, illustrating how dominant recurring fees are relative to the firm's overall income.

Performance revenues amplify earnings during strong realisation environments but can compress in periods of subdued exit activity, a dynamic traders should weight when assessing quarter-to-quarter earnings variance.

Financial Scale as of Q2 2026

As of June 30, 2026, Blackstone reported total AUM of $1.35 trillion and fee-earning AUM of $961.6 billion, both up from the $1.304 trillion and $937.6 billion recorded at March 31, 2026. Quarter-on-quarter inflows reached approximately $70 billion, reflecting continued demand for private market exposure across institutional investor bases.

Q2 2026 financial results showed revenue of $5.04 billion, net income attributable to Blackstone of $1.229 billion, and diluted EPS of $1.54. Distributable earnings, the metric most directly tied to the dividend, were $2.0 billion, or $1.52 per share, supporting a declared dividend of $1.29 per share for the quarter.

The balance sheet at quarter-end carried total assets of $49.9 billion and total equity of $21.1 billion, reflecting Blackstone's dual role as a fee-earning manager and a co-investor that deploys its own capital alongside limited partners.

Over the 2020–2025 period, total AUM and fee-earning AUM grew at compound annual rates of 15.6% and 14.4% respectively, with that trajectory extending into the first half of 2026.

For traders monitoring broader stock market conditions, Blackstone's results function as a leading indicator for private markets sentiment, alternative asset fundraising cycles, and the appetite for illiquid risk, all of which feed directly into the BX earnings trajectory.

The firm's expanding private credit franchise is also closely tracked in the context of the Apollo & Blackstone AI private credit surge theme, which has drawn significant investor attention through mid-2026.

Zuletzt aktualisiert: 2026-09-01

Wichtige Erkenntnisse

Blackstone's $961.6 billion in fee-earning AUM creates a recurring management fee base that is largely insulated from short-term market volatility, making distributable earnings a more informative performance metric than GAAP net income for traders monitoring the stock.
The $70 billion in Q2 2026 inflows, sustained across private equity, real estate, credit, and infrastructure, reflects institutional appetite for alternatives that functions as a leading indicator for Blackstone's future fee revenue.
Blackstone's dividend declared of $1.29 per share for Q2 2026 is paid from distributable earnings rather than a fixed commitment, meaning dividend variability is a direct read-through on deal activity, realization events, and performance fees in any given quarter.
At $1.35 trillion in total AUM, Blackstone operates at a scale where its fundraising cycles, portfolio company decisions, and real estate valuations have sector-wide implications, news flow from Blackstone is frequently a market-moving event for the broader alternatives industry.
The BXDC data center REIT IPO initiative illustrates Blackstone's evolving strategy of creating listed vehicles from private portfolios, a pattern that connects BX equity performance to themes in AI infrastructure capital allocation and private-to-public monetization cycles.

Wichtige Finanzkennzahlen

Audited · SEC filings

Reported figures from the company’s latest SEC filings — each linked to its source filing and period.

$5.04B

Quarterly revenue

Q2 2026 · SEC 10-Q

$1.23B

Net income

Q2 2026 · SEC 10-Q

$1.54

Diluted EPS

Q2 2026 · SEC 10-Q

Quarterly revenue

$6.0B

$4.1B

$2.2B

$3.29BQ1 2025

$3.71BQ2 2025

$3.09BQ3 2025

~$4.36BQ4 2025

$3.62BQ1 2026

$5.04BQ2 2026

~ Q4 is not filed as a standalone quarter — it is the annual 10-K figure minus the three filed quarters.

Figures are from the company’s audited SEC filings; each carries its filing source and period. Not investment advice.

Maschinenlesbare Tabelle – dieselben Zahlen, Quelle je Posten

Kennzahl	Value	Quelle
Quarterly revenue (Q2 2026)	$5.04B	SEC 10-Q
Net income (Q2 2026)	$1.23B	SEC 10-Q
Diluted EPS (Q2 2026)	$1.54	SEC 10-Q

How Does BX Compare to Apollo and KKR in the Alternatives Sector?

Blackstone, Apollo Global Management, and KKR form the most-watched trio in publicly traded alternative asset management. Traders routinely use these three names together for sector sentiment triangulation, comparing distributable earnings, AUM growth trajectories, and capital structure choices to assess relative value across the group.

AUM Scale and Composition

As of mid-2026, Blackstone leads the group by a substantial margin on headline AUM. The table below reflects the most recently reported figures for each firm.

Firm	Total AUM	Fee-Earning AUM	Primary Strategy Weight
Blackstone (BX)	$1.35 trillion (Q2 2026)	$961.6 billion (Q2 2026)	Real estate, private equity, credit, multi-asset
Apollo Global Management	$938.4 billion (FY2025)	,	Credit-dominant (~80% of AUM in credit)
KKR	$744 billion (FY2025)	$604 billion (FY2025)	Multi-strategy, balanced

Blackstone's scale advantage is not merely a headline figure. A larger fee-earning AUM base generates a wider recurring management fee stream, partially insulating distributable earnings from quarter-to-quarter variation in realisation activity.

Blackstone recorded FY2025 distributable earnings of $7.1 billion; Apollo reported $5.2 billion in adjusted net income for the same period; KKR posted $5.0 billion in total operating earnings. The earnings gap broadly tracks the AUM gap.

AUM growth rates tell a different story. Apollo's total AUM grew at a 19.6% compound annual rate over 2022–2025, according to The Globe and Mail, outpacing Blackstone's five-year AUM CAGR of 15.6% over 2020–2025. Apollo is gaining ground in percentage terms, even as Blackstone holds the absolute lead.

Capital Structure: Where the Three Firms Differ Most

The most structurally meaningful distinction among the three firms lies in how each sources and retains capital.

Blackstone operates primarily on a fundraising-cycle model: institutional limited partners commit capital to closed-end funds with defined lifespans, requiring Blackstone to continuously re-raise across its strategies. Its private wealth channel partially offsets this cyclicality, global private wealth AUM reached $324 billion as of mid-2026, up 16% year-on-year, according to WealthManagement.

Apollo has integrated Athene, its insurance subsidiary, as a structural source of permanent capital. Insurance liabilities are long-duration and relatively sticky, providing Apollo with a continuous flow of investable assets that does not depend on discrete fundraising cycles.

As of FY2025, $749.2 billion of Apollo's $938.4 billion in total AUM was in credit strategies, a concentration that reflects the natural alignment between insurance balance sheets and fixed-income-like private credit instruments.

KKR's model sits closer to Apollo's than to Blackstone's on this dimension. Its acquisition of Global Atlantic brought insurance capital onto its platform, and its $321 billion in perpetual capital as of FY2025 gives it a long-duration funding base. KKR's overall strategy mix remains more balanced than Apollo's credit tilt but lacks the real estate scale that defines Blackstone.

Blackstone's Real Estate Concentration: A Distinct Risk Factor

Blackstone's Real Estate segment is the largest of its kind in private markets. This creates a specific exposure not present at equivalent scale in Apollo or KKR: sensitivity to commercial real estate valuation cycles, interest rate trajectories, and credit availability in property markets.

When macro data, occupancy rates, cap rate movements, rate expectations, shifts materially, BX tends to react more sharply than peers on a relative basis. Traders monitoring the trio should account for this asymmetry when interpreting sector-wide macro catalysts.

The mega private credit and cross-sector deal wave currently shaping private markets benefits all three firms, but its direct earnings impact differs: Apollo and KKR capture it primarily through credit deployment, while Blackstone's gain flows more through real estate debt and its Credit & Insurance segment.

Valuation and Analyst Sentiment

Morningstar equity analyst Greggory Warren, who covers alternative asset managers, assessed earnings for Blackstone and peers as "solid" as of August 2026, a characterisation consistent with the resilient distributable earnings each firm reported through H1 2026.

Blackstone trades at a premium to peers on most earnings-based multiples, reflecting its scale leadership, brand recognition in fundraising, and the depth of its wealth-channel buildout.

That premium is sensitive to distributable earnings per share relative to consensus: a quarterly miss on that specific metric has historically compressed the valuation gap more rapidly than a miss on GAAP net income.

Traders comparing BX to APO and KKR within the 2026 stocks market outlook should treat distributable earnings per share as the primary relative-performance signal across all three names.

Apollo's faster percentage AUM growth and structurally stable insurance capital may appeal to traders who assign a discount to fundraising-cycle risk. KKR's perpetual capital base and multi-strategy balance offer a middle-ground profile. Blackstone's argument rests on scale, real estate franchise depth, and the compounding effect of a management fee base that no peer yet matches in absolute size.

Why Trade BX? Price Drivers, Catalysts, and Risk Factors

Blackstone's share price is shaped by three structural forces, fee-earning AUM growth, realization activity, and portfolio appreciation, each operating on a different time horizon and responding to different market conditions. Understanding how these forces interact, and where they can break down, provides the analytical foundation for trading BX as a CFD position.

Primary Driver: Fee-Earning AUM Growth

Management fee revenue is determined almost entirely by the scale of fee-earning AUM. As of Q2 2026, fee-earning AUM reached $961.6 billion, and quarterly inflows came in at approximately $70 billion. In Q4 FY2025, base management fees were $2.1 billion, up 11% year-over-year. These figures illustrate how consistently expanding AUM translates into a durable and growing fee base.

For traders, the key forward signal is the pace of inflows. Any sustained deceleration, whether driven by institutional risk aversion, competing alternatives, or redemption pressure in semi-liquid vehicles, would directly reduce the growth trajectory of management fees, compressing forward earnings estimates before performance revenues are even considered.

Inflow data released each quarter is therefore one of the most consequential line items in any Blackstone earnings report.

Secondary Driver: Realization Activity and Capital Markets Conditions

Performance revenues, or carried interest, are crystallised when Blackstone exits investments at a profit. The pace of those exits depends heavily on conditions across equity, credit, and real estate markets: IPO windows, M&A deal volume, credit availability, and asset valuations.

Blackstone management noted in mid-2025 that the firm was "well positioned to see an acceleration of net realizations" as market conditions improved, a view subsequently borne out by Q3 FY2025 distributable earnings reaching $1.9 billion, nearly 50% higher year-over-year, with net realizations more than doubling.

This sensitivity connects BX directly to broader capital markets cycles. An active IPO wave and equity offering environment expands the set of viable exit routes for Blackstone's portfolio companies, while a credit tightening episode can freeze leveraged buyout exits and compress private asset valuations simultaneously.

Structural Catalyst: AI Infrastructure Exposure

Blackstone's allocation to data center real estate and private credit extended to AI-adjacent borrowers has positioned the firm as an indirect beneficiary of accelerating AI capital expenditure.

The BXDC REIT IPO, which targeted a $2 billion raise, exemplifies how Blackstone is structuring investment vehicles around AI data center and energy capital raise demand.

Portfolio appreciation in these assets can lift net asset values and, in turn, increase performance revenue-eligible AUM, currently at $604 billion as of mid-2025, building the pipeline for future carried interest.

This is an indirect exposure, not a direct AI revenue line. BX appreciates when the underlying data center and credit assets appreciate; it does not itself earn technology revenue.

Dividend Structure: Variable, Not Fixed

The Q2 2026 declared dividend of $1.29 per share was derived from distributable earnings of $1.52 per share for the quarter. This payout ratio illustrates the variable structure: dividends are a function of deal flow rather than a fixed commitment, and they can contract sharply when realization activity slows or when credit markdowns reduce distributable earnings.

In August 2026, Bloomberg reported that Blackstone's BDC recorded its largest net asset value reduction in six years, driven by portfolio markdowns rather than loan defaults, a reminder of how quickly the distributable earnings base can shift even without a credit event.

CFD traders monitoring BX for total return assumptions should treat the dividend line as a variable output, not a baseline.

Key Risk Factors

Risk Factor	Transmission Mechanism	Severity Signal
Real estate valuation correction	Markdown pressure on $319.3B real estate AUM; reduces performance fees	Broad commercial RE price indices
Interest rate sensitivity	Leveraged credit portfolios compress in spread-widening environments	Credit spread indices, central bank guidance
Realization slowdown	Fewer exits mean lower carried interest; DE per share falls	IPO volumes, M&A data
Concentration in large deals	A single large markdown can materially move segment-level NAV	Individual deal disclosures
Regulatory scrutiny	Fee disclosure requirements or private fund rules could affect AUM inflows and fund structures	SEC and FSB rulemaking calendars

Regulatory risk, in particular, is non-linear: rulemaking around private fund fee disclosure or investor protection requirements can affect fundraising economics across all channels, institutional, insurance, and private wealth, simultaneously.

Analytical Framework for BX Traders

A practical framework for monitoring BX price drivers combines three observation layers:

Quarterly earnings reports: Track fee-earning AUM growth rate, inflow volume, and distributable earnings per share sequentially. Deceleration in any of these, relative to prior quarters, tends to precede downward estimate revisions.
Capital markets conditions: Monitor IPO pipeline activity, high-yield credit spreads, and commercial real estate transaction volumes as leading indicators for realization activity.
Portfolio-specific developments: Large asset sales, such as the August 2026 offer to sell a $1.25 billion stake in India's Knowledge Realty Trust, signal active monetization and potential carried interest crystallization.

For context on how BX fits within the broader 2026 stocks market outlook, the firm's earnings trajectory is closely tied to the same macro variables, rate policy, credit conditions, and equity market liquidity, that drive positioning across most large-cap financials.

Valuation & peers

Multiples vs peers + third-party analyst targets

Peer Valuation Comparison

How this stock trades versus comparable listed companies on trailing valuation multiples.

Company	Market cap	P/E	P/S
Blackstone Inc. · BX	$164.5B	30.3x	10.3x
KKR & Co. Inc. · KKR	$96.7B	32.1x	4.6x
Brookfield Corporation · BN	$90.0B	71.8x	1.2x
Brookfield Asset Management Ltd. · BAM	$80.8B	29.1x	15.0x
Apollo Global Management, Inc. · APO	$77.0B	28.9x	2.1x
State Street Corporation · STT	$53.8B	16.8x	2.3x

Third-party ratios (FMP), trailing twelve months. Multiples vary by data window; a negative or absent P/E means the company is loss-making. Not investment advice.

Analyst Price Targets

Buy

Wall Street sell-side analysts’ consensus 12-month price target and rating for this stock.

Consensus target

$145.89+7.3%

Target range

$127.00 – $184.00

Price-target coverage

7 analysts

Analyst ratings (30)

Buy 19Hold 10Sell 1

Targets by firm

Latest target from each of the 9 firms whose call was reported in the past 180 days. Each row links to the report.

Firm	Target	vs current
Argus Research2026-07-30 · TheFly	$150.00	+10.3%
RBC Capital2026-07-24 · TheFly	$169.00	+24.3%
Oppenheimer2026-07-24 · TheFly	$140.00	+3.0%
Goldman Sachs2026-07-24 · TheFly	$127.00	-6.6%
Barclays2026-07-24 · TheFly	$128.00	-5.8%
HSBC2026-07-20 · TheFly	$135.00	-0.7%
Piper Sandler2026-04-27 · TheFly	$130.00	-4.4%
Morgan Stanley2026-04-21 · TheFly	$184.00	+35.3%
Evercore ISI2026-04-21 · TheFly	$150.00	+10.3%

Source: aggregated sell-side analyst consensus · as of 2026-09-06. These are third-party analyst opinions — not CoinUnited’s view, not a price prediction, and not investment advice.

Scenario calculator

Pick a third-party reference level and see what it implies at leverage. Reference levels only - not a CoinUnited forecast.

Scenario price

$128.55

+0.0% vs current

Your margin (USD)Leverage

Position size $100,000.00

P&L at this scenario (long)

+$0.00

Loss if liquidated -$1,000.00 (the full margin)

Liquidation price (long): $127.26 — a move of -1.0%

Trade BX

Simplified: excludes fees, funding and slippage. Reference levels are third-party marks (CoinUnited daily kline; aggregated sell-side analyst targets), not forecasts. Leverage magnifies losses as much as gains - at high leverage a small adverse move liquidates the position. Not investment advice.

Catalysts & news

Dated third-party developments · newest first

Katalysator-Zeitachse

Dated third-party developments that move the stock — newest first, each classified bullish or bearish and linked to its source.

2026-10-21
Next quarterly earnings◆ Scheduled
Next scheduled quarterly earnings report (2026-10-21). Revenue, margins and guidance are the near-term driver; the outcome is not known in advance.
Finnhub
2026-08-06
Blackstone credit fund marks down NAV▼ Bärisch
Blackstone Inc.’s publicly traded private credit fund reduced its net asset value by the most in six years during the second quarter, a move that it said was driven more by markdowns across its portfolio than a pickup in non-paying loans.
Bloomberg
2026-07-23
Blackstone Q2 distributable earnings up 26%▲ Bullisch
Blackstone Inc. reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.
Bloomberg
2026-07-23
Blackstone tops Q2 income expectations▲ Bullisch
NEW YORK, July 23 (Reuters) - Blackstone (BX.N), opens new tab beat analyst expectations for second-quarter income on Thursday as the world's largest alternative asset manager cashed in on investments, raked in new funds and ‌reaped…
Reuters
2026-07-23
Distributable earnings beat analyst forecast▲ Bullisch
分配可能利益（株主に還元可能な利益）は１株当たり１．５２ドルと前年同期比２６％増加し、ＬＳＥＧがまとめたアナリスト予想の１．３５ドルを上回った。
Reuters
2025-10-23
Blackstone Q3 profit jumps 48%▲ Bullisch
October23 () -stone (.N), the largest alternative asset management firm globally, announced a 48% increase in its profits for the third quarter on Thursday, fueled by robust performance in its credit and private equity sectors.
Reuters
2025-07-24
Blackstone beats Q2 profit expectations▲ Bullisch
24Reuters) BlackstoneBX.N) has exceeded profit forecasts for the second quarter, as reported on Thursday, driven by robust performance in its credit and private equity sectors, along with an increase in performance-related fees linked to…
Reuters
2025-07-24
Blackstone Q2 earnings jump 25%▲ Bullisch
Blackstone Inc. reported a 25% jump in distributable earnings for the second quarter, buoyed by profits from its retail and evergreen funds.
Bloomberg
2025-04-17
Blackstone beats Q1 profit forecasts▲ Bullisch
17Reuters) BlackstoneBX.N) exceeded profit forecasts for the first quarter on Thursday, fueled by robust outcomes from its private equity and credit divisions.
Reuters

Maschinenlesbare Tabelle – dieselben Entwicklungen, mit Quellen

Recent third-party developments classified bullish / bearish for the stock; verbatim, sourced.

Datum	Entwicklung	Richtung	Quelle
2026-10-21	Next scheduled quarterly earnings report (2026-10-21). Revenue, margins and guidance are the near-term driver; the outcome is not known in advance.	◆ Scheduled	Finnhub
2026-08-06	Blackstone Inc.’s publicly traded private credit fund reduced its net asset value by the most in six years during the second quarter, a move that it said was driven more by markdowns across its portfolio than a pickup in non-paying loans.	▼ Bärisch	Bloomberg
2026-07-23	Blackstone Inc. reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments.	▲ Bullisch	Bloomberg
2026-07-23	NEW YORK, July 23 (Reuters) - Blackstone (BX.N), opens new tab beat analyst expectations for second-quarter income on Thursday as the world's largest alternative asset manager cashed in on investments, raked in new funds and ‌reaped…	▲ Bullisch	Reuters
2026-07-23	分配可能利益（株主に還元可能な利益）は１株当たり１．５２ドルと前年同期比２６％増加し、ＬＳＥＧがまとめたアナリスト予想の１．３５ドルを上回った。	▲ Bullisch	Reuters
2025-10-23	October23 () -stone (.N), the largest alternative asset management firm globally, announced a 48% increase in its profits for the third quarter on Thursday, fueled by robust performance in its credit and private equity sectors.	▲ Bullisch	Reuters
2025-07-24	24Reuters) BlackstoneBX.N) has exceeded profit forecasts for the second quarter, as reported on Thursday, driven by robust performance in its credit and private equity sectors, along with an increase in performance-related fees linked to…	▲ Bullisch	Reuters
2025-07-24	Blackstone Inc. reported a 25% jump in distributable earnings for the second quarter, buoyed by profits from its retail and evergreen funds.	▲ Bullisch	Bloomberg
2025-04-17	17Reuters) BlackstoneBX.N) exceeded profit forecasts for the first quarter on Thursday, fueled by robust outcomes from its private equity and credit divisions.	▲ Bullisch	Reuters

Wichtige Erkenntnisse

Zuletzt aktualisiert:: 2026-08-04

•BXDC sammelte Bruttoerlöse von ca. 2,0 Mrd. $ zu 20,00 $/Aktie; kombiniert mit dem 40% LTV-Ziel und einer revolvierenden Kreditfazilität von 1–4 Mrd. $ übersteigt das gesamte einsetzbare Kapital 3 Mrd. $ in Rechenzentrumsanlagen.
•Gehebelte CFD-Trader sehen sich doppelter Zinssensitivität gegenüber: Die eigene SOFR-gebundene Verschuldung von BXDC komprimiert den FFO bei steigenden Zinsen, was wiederum den Aktienkurs unter dem CFD-Position beeinflusst.
•Ein 50x Long BXDC CFD bei 20,00 $ wird bei einer ungünstigen Bewegung von ca. 2 % liquidiert – die Volatilität bei Neuemissionen in den ersten 30 Tagen nach dem IPO erfordert eine strikte Positionsgröße.
•Data Center REIT-Wettbewerber Digital Realty und Equinix sehen sich einem neuen Konkurrenten mit einer Pipeline von 25 Mrd. $ für stabilisierte Hyperscale-Assets gegenüber, was Cap Rates komprimieren und gleichzeitig die Sektor-Multiplikatoren anheben könnte.
•Die Muttergesellschaft BX notiert bei 137,65 $ (+2,05 %) und spiegelt bereits eine positive Stimmung wider – beobachten Sie BX als Frühindikator für die BXDC-Stimmung vor den ersten Akquisitionsmitteilungen.

Neueste Impulse

2026-08-04AktienBullisch

Blackstone's BXDC sichert sich 40% LTV-Ziel bei 2 Mrd. $ IPO – Was die Leverage-Mathematik für Data Center REIT Trader bedeutet

Blackstone Digital Infrastructure Trust Inc. (BXDC) hat seinen NYSE-IPO abgeschlossen und 87,5 Millionen Aktien zu je 20,00 $ für Bruttoerlöse von 1,75 Milliarden $ platziert. Da die Underwriter ihre

2026-07-24AktienBullisch

RBC behält Outperform für Blackstone bei mit einem Kursziel von 161 $ – BX notiert bei 124,95 $ mit 29 % implizitem Aufwärtspotenzial

RBC Capital Markets hat laut MarketBeat und Marketscreener eine Outperform-Bewertung für Blackstone Inc. (NYSE: BX) durch eine Reihe von Coverage-Maßnahmen beibehalten. RBC begann die Coverage mit ein

2026-07-22AktienBullisch

Brookfields 7 Mrd. USD Akquisition von Aypa Power: Batteriespeicher wird zum neuen KI-Infrastruktur-Thema

Wie Bloomberg berichtet, hat Brookfield Asset Management Ltd. zugestimmt, Aypa Power, einen Entwickler von netzgebundenen Batteriespeichern, von Blackstone Energy Transition Partners in einem Geschäft

2026-07-13AktienBullisch

Williams-Blackstone $5,34 Mrd. Power JV: Hebel-Ansätze bei WMB, BX und dem Midstream-to-Power-Handel

Williams Companies (WMB) hat sich eine Finanzierung in Höhe von 5,34 Milliarden US-Dollar von Blackstone (BX) für eine Reihe von Strominfrastrukturprojekten gesichert, was einen der größten Mega-Finan

Alle BX Impulse anzeigen

Ownership

Top institutional holders (SEC Form 13F)

Top Institutional Holders

SEC 13F

The largest institutional shareholders, from SEC Form 13F filings — who holds the stock and how much.

Institution	Shares	Value	% of shares
BlackRock, Inc.	52.7M	$6.1B	7.02%
Vanguard Capital Management LLC	48.3M	$5.6B	6.44%
Morgan Stanley	32.5M	$3.7B	4.33%
State Street Corp.	32.0M	$3.7B	4.27%
Charles Schwab Investment Management Inc.	21.4M	$2.5B	2.85%
Geode Capital Management, LLC	18.3M	$2.1B	2.44%
Vanguard Portfolio Management LLC	16.0M	$1.8B	2.14%
JPMorgan Chase & Co.	15.9M	$1.8B	2.12%
Capital Research Global Investors	14.7M	$1.7B	1.96%
Bank of America Corp.	11.5M	$1.3B	1.54%

Source: SEC Form 13F filings · 2110 institutional holders · as of 31-MAR-2026. 13F data is quarterly and lagged (filed ~45 days after quarter-end) and covers US institutional managers (>$100M AUM) only — not insiders, retail, or foreign holders. Not investment advice.

Understand the risks

Read before trading

Handelsrisiken

Ehrlich und offen aufgeführte Risiken – ein Zeichen des Respekts gegenüber Tradern und zugleich eine YMYL-Compliance-Anforderung.

Hebel / Liquidation

Bei hohem Hebel kann schon eine kleine Gegenbewegung eine Zwangsliquidation auslösen und die gesamte Margin vernichten.

High-valuation volatility

A high P/E stock is very sensitive to interest-rate and narrative shifts; swings can be large.

Session gaps

After-hours and weekend gaps; extended-hours liquidity is thinner than the regular session.

Basisrisiko (Basis risk)

The CFD reference price can diverge from the exchange execution price.

Earnings volatility

Price swings widen around earnings dates and other scheduled disclosures.

Regulatory / event

Recalls, policy changes, or company-specific events can cause sharp moves.

Reference

FAQ & glossary

Häufig gestellte Fragen

Blackstone Inc. (NYSE: BX) is one of the world's largest alternative asset management firms, overseeing capital across private equity, real estate, credit, and hedge fund strategies on behalf of institutional and individual investors. Founded in 1985 and headquartered in New York, the firm pools capital from pension funds, sovereign wealth funds, insurance companies, and high-net-worth individuals, deploying it into long-duration private market strategies that are generally unavailable through public stock or bond markets. Blackstone's core function is to raise funds, invest that capital, generate returns through operational improvement or asset appreciation, and then return proceeds to investors at exit. The firm earns management fees for overseeing assets and performance fees, called carried interest, when returns exceed agreed thresholds. Its scale, with total AUM of $1.35 trillion as of mid-2026, gives it significant negotiating power in deal sourcing, financing, and asset sales. That scale also supports the durability of its fee revenue across market cycles.

Glossar

Zentrale Begriffe zu börsennotierten Aktien und CFDs, je eine Zeile, damit die Seite für Leser und KI-Antwortmaschinen eindeutig ist.

Aktien-CFD	Ein Differenzkontrakt auf einen Aktienkurs: ausschließlich Preisexponierung, kein Eigentum an den zugrunde liegenden Aktien.
Erweiterte Handelszeiten	Handel vor Börsenbeginn und nach Börsenschluss, außerhalb der regulären Handelssitzung.
Basisrisiko	Das Risiko, dass sich der CFD-Referenzkurs und der Ausführungskurs an der Börse nicht im Gleichschritt bewegen.
KGV	Kurs-Gewinn-Verhältnis = Aktienkurs / Gewinn je Aktie; eine gängige Bewertungskennzahl.
Bruttomarge	Bruttogewinn / Umsatz; zeigt die Profitabilität auf Produktebene.
Gewinn je Aktie	Gewinn je Aktie = Nettogewinn / verwässerte ausstehende Aktien.

Symbol

Märkte

Aktien

Sektor

General

CU-Produktcode

Quellen und Referenzen

U.S. Securities and Exchange Commission (SEC)

Quellenübersicht

Every figure on this page traces to a primary or named third-party source. "As of" dates the source; "last checked" dates our most recent read of it.

Every figure here is also published as machine-readable data, and re-checked on a schedule so a stale one shows up as stale. View the raw data

Field	Value	Source	As of	Last checked
Reference price	live	CoinUnited stock CFD reference (live)	—	—	—
Market cap	$102B	CoinUnited reference x SEC shares	2026-09-06	2026-09-06	—
P/E	~35.1	CoinUnited reference / SEC annual EPS	—	2026-09-06	—
52-week range	$101.73 – $190.06	CoinUnited daily kline	—	2026-09-06	—
Next earnings	2026-10-21	Finnhub	—	2026-09-06	—
Quarterly revenue	$5.04B	SEC 10-Q	Q2 2026	2026-09-06	View
Net income	$1.23B	SEC 10-Q	Q2 2026	2026-09-06	View
Diluted EPS	$1.54	SEC 10-Q	Q2 2026	2026-09-06	View
Institutional ownership	10 top holders	SEC Form 13F	31-MAR-2026	2026-09-06	View
Analyst price targets	$145.89 consensus	Aggregated sell-side analyst consensus	2026-09-06	2026-09-06	—
Peer valuations	6 peers	Third-party ratios (FMP), trailing twelve months	2026-09-06	2026-09-06	—
Founded	1985	Wikidata	—	2026-09-06	—
Headquarters	New York City	Wikidata	—	2026-09-06	—
CEO	Stephen A. Schwarzman	Wikidata	—	2026-09-06	—
Industry	financial services	Wikidata	—	2026-09-06	—
CoinUnited product	Stock CFD — price exposure, not equity (no voting; dividends reflected as adjustment); leverage available, extended/24h	CoinUnited product terms	—	2026-09-06	—
U.S. Securities and Exchange Commission (SEC)	—	U.S. Securities and Exchange Commission (SEC)	—	—	View

Über den Autor

CoinUnited.io Research Team

This Blackstone Inc. page is compiled by CoinUnited.io's research team: analysts covering listed equities and global markets, working from primary filings and named third-party data rather than opinion.

Unsere Forschungs-Methodik

Every figure is traced to a primary or named third-party source and dated: financial statements from the company’s SEC filings, institutional ownership from Form 13F, analyst targets from aggregated third-party coverage, and market data from the CoinUnited reference price. The Source Map on this page lists each one with its source and the date we last checked it.

Disclaimer: content is for informational and educational purposes only and is not personalized financial advice. A stock CFD carries significant risk and provides price exposure only, not equity ownership. Always conduct your own research and consult a qualified financial advisor.

Haftungsausschlüsse & Verweise

Wichtiger Haftungsausschluss zum Risiko

A CoinUnited stock CFD gives price exposure to Blackstone Inc. only, not equity ownership: no shareholder voting rights, no dividends, and no settlement in the underlying share.

Leverage magnifies losses as well as gains, and a position can be liquidated long before the underlying share price recovers. The underlying listing trades on exchange hours, so the reference price can gap between sessions.

Benutzer sollten eigene Recherchen durchführen und sich vor Investitionsentscheidungen mit qualifizierten Finanzexperten beraten. Die Ersteller und Betreiber dieser Plattform übernehmen keine Verantwortung für finanzielle Verluste oder sonstige Schäden, die aus der Verwendung der bereitgestellten Informationen entstehen könnten.

Leveraged trading is extremely risky and you may lose your entire deposit.

Methodologie-Übersicht

Figures on this page are compiled from primary and named third-party sources, not produced by a forecasting model. Each one carries its source and date in the Source Map above.

Financial statements: the company’s own SEC filings (10-K / 10-Q), read from XBRL
Market data: the CoinUnited reference price and daily closes
Institutional ownership: SEC Form 13F quarterly filings
Analyst targets: aggregated third-party sell-side coverage — third-party opinion, not CoinUnited’s view
Peer multiples: third-party trailing-twelve-month ratios

CoinUnited does not publish a price forecast or target for Blackstone Inc..

Letzte Überprüfung der Methodologie:

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