New York-based Blackstone Inc. (BX) is one of the world's largest alternative asset managers, overseeing investments across private equity, real estate, credit and insurance, infrastructure, and hedge fund solutions. Blackstone has a market cap of $100.1 billion, and manages capital on behalf of pension funds, sovereign wealth funds, insurance companies, endowments, and individual investors.
Blackstone's shares have been under pressure over the past year, significantly lagging the broader market. BX stock has declined 19.5% over the past 52 weeks and 11% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 22.2% over the past year and risen 13% in 2026.