Blackstone rated 'Buy' for strong growth, expanding assets, and AI leadership

Blackstone (BX) is rated 'Buy' due to its diversified growth, strong 20% year-over-year increase in fee-related earnings per share, and 11% growth in total assets under management to $1.35 trillion. The company is positioned well with leadership in AI infrastructure investments and expects double-digit growth in management fees by 2027, driven by fundraising in insurance and Asia. Its forward price-to-earnings ratio of 23.9x reflects confidence in its durable earnings and strategic expansion. This makes Blackstone an attractive choice for investors seeking growth and exposure to alternative assets.