Blackstone stock forecast reports attribute stability to its
Blackstone stock forecast reports attribute stability to its multi-asset strategy, balancing real estate drawdowns with credit fund gains. Current capital market conditions offer attractive entry for medium-term investors. The top-rated analyst noted that elevated short-term interest rates were one of the reasons that forced OGS to revise its guidance in 2023 and 2024. He expects the Federal Reserve's interest rate cuts to benefit the company, as they will ease relative interest expense from prior periods. In the latest quarter, Blackstone reported revenue of $3.07 billion and net income of $1.57 billion , with diluted EPS of $1.21 , surpassing Wall Street’s expectation of $1.10. For fiscal year 2024, revenue totaled $11.57 billion , up from $10.93 billion in 2023, while net income hit $2.86 billion . The firm’s operating margin stood at 52.7% , one of the highest in the financial sector, with return on equity climbing to 28.8% . Adjusted Blackstone stock forecast models see $140 as a realistic upper bound in the short-term, supported by favorable macro indicators like inflation easing and resilient corporate earnings.
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