Blackstone's (BX, $45.99) Q2 earnings plunge -59%, but its distributable earnings beat analysts' estimates
Blackstone experienced a step decline in profits in its latest quarter, but exceeded analysts’ estimates of distributable earnings.
The private equity and financial services company reported net income per share on a diluted basis of 45 cents for the second quarter, down -59% from a year ago (based on generally accepted accounting principles (GAAP)).
Increased earnings from the sale of assets in Blackstone’s private equity, credit and fund-of-hedge-funds divisions was offset by a decline in proceeds from divestments in its real estate unit.
Nevertheless, the company’s distributable earnings – which represents cash available for paying dividends – came in at 57 cents per share, beating analysts’ expectations of 49 cents (based on Refinitiv data).
According to Blackstone, its assets under management surged to a record $545.5 billion in the three months through June, compared to the year-ago quarter’s $511.8 billion.
Blackstone said that the value of its private equity portfolio rose by 0.7%, compared to a 3.8% increase in the benchmark S&P 500 stock index.
CEO Stephen Schwarzman indicated that the U.S.-China trade war had limited effect on Blackstone because the firm does not own many businesses in the global supply chain.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
BX in downward trend: 10-day moving average moved below 50-day moving average on September 15, 2026
The 10-day moving average for BX crossed bearishly below the 50-day moving average on September 15, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 82%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 01, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BX as a result. In 56 of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 73%.
The Moving Average Convergence Divergence Histogram (MACD) for BX turned negative on August 20, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 37 similar instances when the indicator turned negative. In 22 of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at 59%.
BX moved below its 50-day moving average on September 09, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 68%.
The Aroon Indicator for BX entered a downward trend on September 18, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BX's RSI Oscillator exited the oversold zone, 20 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 67%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 50-day moving average for BX moved above the 200-day moving average on August 25, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +0.75% 3-day Advance, the price is estimated to grow further. Considering data from situations where BX advanced for three days, in 212 of 304 cases, the price rose further within the following month. The odds of a continued upward trend are 70%.
BX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 12 (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: BX's P/B Ratio (10.406) is slightly higher than the industry average of (3.373). P/E Ratio (27.955) is within average values for comparable stocks, (27.127). Projected Growth (PEG Ratio) (1.140) is also within normal values, averaging (1.355). Dividend Yield (0.042) settles around the average of (0.080) among similar stocks. P/S Ratio (7.148) is also within normal values, averaging (15.971).
The Tickeron SMR rating for this company is 32 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 60 (best 1 - 100 worst), indicating fairly steady price growth. BX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 77 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 79, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 89 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a provider of investment and fund management services
Industry InvestmentManagers
Advertisement