How Is Blackstone's Stock Performance Compared to Other Financial Stocks?

Blackstone Inc. (BX), a New York-based alternative asset management firm, has underperformed compared to other financial stocks in recent times. With a market capitalization of $102.7 billion, BX is classified as a large-cap stock, reflecting its significant size and influence in the industry. Despite its strength, BX's stock price slipped 28% from its 52-week high of $190.09, observed on September 18, 2025.

Over the past three months, BX gained 24.2%, outperforming State Street Financial Select Sector SPDR ETF's (XLF) 13.8% increase during the same period. However, BX has encountered challenges due to prolonged higher-for-longer interest rates, which have raised borrowing costs and squeezed net asset values in its core leveraged buyout and real estate portfolios.

Slowed asset monetization and exit activity in commercial real estate, particularly office properties, have further exacerbated BX's underperformance. Furthermore, heightened redemption requests in key private credit funds and delays in capital deployment led to weaker performance, as BX's YTD return stands at 18.1%, trailing XLF's 5.7% YTD gain.

Analysts maintain a generally positive outlook on BX, assigning a Moderate Buy rating to the stock, with a mean price target of $144.35, indicating potential upside of 5.5% from current levels.