Blackstone shares jumped about 2% following Oppenheimer's upgrade to Outperform, highlighting the firm's attractive valuation despite a 25% year-to-date drop. The asset manager reported strong 2025 results with revenue up 27% and net income up 118%, though it missed EPS estimates due to timing issues. Oppenheimer values Blackstone's durable business model, growing assets under management, and income potential with a 4% dividend yield. Upcoming earnings around April 23 will be key to confirming this positive outlook amid market volatility.
Anthropic has launched Ode, a $1.5 billion AI implementation company formed through a joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and others. Ode builds on the acquisition of Fractional AI, focusing on deploying elite AI enginee...
Williams Companies secured a $5.34 billion investment from Blackstone for AI-driven Power Innovation projects, reducing its capital needs while retaining 51% ownership. CIBC adjusted its price target to $83, suggesting potential stock price upside fr...
Blackstone Inc. is viewed as a high-quality asset manager trading at a discounted valuation with a 3.8% dividend yield. The company benefits from favorable industry trends like rising inflation, global wealth growth, demographic changes, and AI infra...
