7 analysts' median target is $156[FMP target], stock is $126, +23.5% upside potential. After Q1 +1.5% EPS beat[FMP earnings], the stock moved -0.6%.
B = MoonshotScore 54[9-pillar formula] + Council 3/6[6-lens rule]. Form 4: 0 transactions[FMP Form 4].
Q4 consensus: revenue $3.5B[FMP est], EPS $1.34[FMP est]. 7 consecutive quarters of beat[FMP earnings].
Q1 EPS +1.5% beat[FMP] but the stock -0.6% D+1[FMP D+1]. Michael Chae promised $22.4M CapEx + a sequential decline in Q4 during the Q1 earnings call[Michael Chae capex transcript].
Watchlist
Infrastructure Growth
infrastructure_growth
Our dedicated infrastructure platform grew 41% year-over-year to $84 billion underpinned by exceptional investment performance.
"Our dedicated infrastructure platform grew 41% year-over-year to $84 billion underpinned by exceptional investment performance."
- Jonathan Gray, President and Chief Operating Officer - Q1 FY26 Earnings Call - April 23, 2026
Aum Growth
aum_growth
Blackstone's total assets under management (AUM) grew 12% year-over-year to a new record level of more than $1.3 trillion.
"Total assets under management grew 12% year-over-year to a new record level of more than $1.3 trillion."
- Stephen Schwarzman, Chairman and CEO - Q1 FY26 Earnings Call - April 23, 2026
Bxma Growth
bxma_growth
Blackstone's multi-asset investing segment, BXMA, cross the $100 billion milestone in the first quarter up 15% year-over-year.
"Blackstone is an all-weather firm. Meanwhile, multiple pillars of strength are driving us forward."
- Jonathan Gray, President and Chief Operating Officer - Q1 FY26 Earnings Call - April 23, 2026
Asia Flagship Fundraising
asia_flagship_fundraising
In corporate private equity, we've raised nearly $12 billion to date for our new Asia flagship, including April closings, and we're approaching its $13 billion hard cap. compared to approximately $6 billion for the previous vintage.
"In corporate private equity, we've raised nearly $12 billion to date for our new Asia flagship, including April closings, and we're approaching its $13 billion hard cap. compared to approximately $6 billion for the previous vintage."
- Jonathan Gray, President and Chief Operating Officer - Q1 FY26 Earnings Call - April 23, 2026
Bxlx6 Fundraising
bxlx6_fundraising
In Life Sciences, our new flagship BXLX6 hit its hard cap in the first quarter, raising $6.3 billion, an industry record and nearly 40% larger than the prior vintage.
"In Life Sciences, our new flagship BXLX6 hit its hard cap in the first quarter, raising $6.3 billion, an industry record and nearly 40% larger than the prior vintage."
- Jonathan Gray, President and Chief Operating Officer - Q1 FY26 Earnings Call - April 23, 2026
Private Wealth Aum
private_wealth_aum
Our AUM in the channel increased 14% year-over-year to $310 billion and is up nearly threefold in the past 5 years. powered by our performance and brand.
"Our AUM in the channel increased 14% year-over-year to $310 billion and is up nearly threefold in the past 5 years. powered by our performance and brand."
- Jonathan Gray, President and Chief Operating Officer - Q1 FY26 Earnings Call - April 23, 2026
Stock Expert AI - Methodology
9-pillar methodology. Gross Margin and Price Momentum strong. Cash Runway weak.
How is it calculated? ->6 investor frameworks. 3 bullish (Ray Dalio, Ken Griffin, Buffett), 0 bearish (none), 3 neutral (Jim Simons, Klarman, Munger).
How is it calculated? ->Quality business, trading at fair value.
How is it calculated? ->Past Performance
Q1 (April 23, 2026): EPS $1.36 vs $1.34 est[FMP], +1.5% beat. D+1 movement: -0.6%[FMP D+1]. Decline despite beat - market reacted to guidance, not numbers.
Q1: EPS $1.36 vs $1.34 beat[FMP], stock -0.6% D+1[FMP].
No RPO/backlog concentration disclosed in Q1 earnings call.
Q1 CapEx $22.4M[FMP cashflow]. Q1 op margin 38.8%[FMP op margin] - this level in Q4 is sensitive to CapEx revision risk.
Not advice - a structural framework for earnings night. Decision discipline is yours.
Market Outlook
You read it in 5 minutes. When the numbers come out on Thursday evening - you know what you're looking at.
Data arrives at night. The framework is ready now.
Data arrives on Thursday evening. The framework is ready on this page: Q4 EPS threshold $1.34[FMP], CapEx threshold "below $22.4M"[Michael Chae]. Two anchors, three scenarios.
Comparison Stock Expert AI Pro $24/month ($240/year), 77% cheaper than the total of three earnings-tracking tools ($1,059/year -> $240/year).
Seeking Alpha $299/yr - analyst opinions + earnings coverage TipRanks $360/yr - Smart Score (1-10) + analyst consensus + insider trades Trendspider $400/yr - AI pattern detection + automated TA + multi-timeframe alerts
Prices as of April 2026. Sources: seekingalpha.com/subscriptions - tipranks.com/pricing - trendspider.com/pricing
Stock Expert AI Pro: $24/month ($240/year). Council 7-lens analysis + MoonshotScore 9-pillar + Insider tracker + Technical levels - all in one platform, for every stock.
Educational tool, not investment advice. Past performance does not guarantee future results.
Calendar
DATA GAP: Events not in the FMP /stable/calendar feed - Investor day, analyst day, product launches, regulatory dates. These require company IR page scraping or manual calendar entry.
This BX (BX) earnings preview covers the analyst consensus, key catalysts, and what to watch on the earnings call.
Consensus EPS, revenue guidance, segment growth rates, and the tone of management commentary — the full breakdown with sources is on this page.