Blackstone Falls 15% Since November Despite Revenue, EPS Growth

Blackstone (NYSE: BX) shares have fallen 15.1% to $122.50 since November 13, 2025, underperforming the S&P 500’s 7.7% gain over the same period, according to a May 13, 2026, investment note. The alternative asset manager, which has more than $1 trillion in assets under management, posted 13.1% annualized revenue growth over the past five years. Earnings per share also grew at a 13.1% annual rate over the same period, indicating profit growth kept pace with revenue expansion. Following the pullback, Blackstone trades at about 20 times forward earnings, the note said.