BX) Shares Near $173, Pushing Toward $200+
Blackstone (NYSE:BX) Stock Analysis: Growth Beyond $1 Trillion AUM, But Valuation Stretches
Blackstone Inc. (NYSE:BX) is trading near $172.65, up 0.59% intraday, reflecting a strong rebound from its 52-week low of $115.66. The stock touched as high as $200.96 earlier in the year before pulling back, leaving investors debating whether the world’s largest alternative asset manager is poised for another leg higher or already pricing in too much optimism. With a market capitalization above $212 billion and assets under management exceeding $1.2 trillion, Blackstone has no peer in terms of scale. Yet, stretched multiples and macro risks could define the stock’s next leg.
Blackstone’s Record Assets Under Management
Blackstone’s…
