Blackstone (BX) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.32
- Estimate
- $1.26
- Surprise
- +4.9%
- Score at report (before → after)
- 6.9 → 5.5/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
Blackstone (BX) beat the $1.26 estimate with adjusted EPS of $1.32 — a clear 4.9% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.9/10) to Hold at 5.5/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates BX Hold at 5.5/10.
4 of the last 4 quarters beat the estimate; this quarter's +4.9% surprise compares with a +8.6% four-quarter average. Next scheduled report: 2027-01-28.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.4 in RISK_OFF)
- Sector modifier (Financial Services): +1.0
What argues against it
- Analyst target reached - limited upside remaining
- Weak growth
- Target reached (3.0% upside)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $121.38
- Price target
- $124.98
- Stop
- $113.28
- Upside to target
- +3.0%
- Reward-to-risk
- 0.2:1
The stock trades at 27.3× trailing but 16.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-12 — shown for context, not personalized investment advice.
BX at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Asset Management
- Market cap
- $150.61B
- P/E (fwd)
- 16.5
- P/E (ttm)
- 27.3
- 52-week range
- $101.73–$165.14
- Off 52-week high
- 26.5%
- RSI (14)
- 57
- Volume vs avg
- 0.03×
- Score today
- 5.5/10