10:20 AM EDT, 10/23/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
Our 12-month target is $210 per share using a forward P/E of 31.3x, below the 10-year historic average at 37.9x. We increase our 2025 EPS estimate by $0.20 to $5.40 and keep 2026's unchanged at $6.70. BX delivered outstanding results in Credit and Insurance and Private Equity, while the expected underperformance in Real Estate funds has upside potential, in our view. Real estate property types benefit as an inflation hedge that should lead to higher private value. Differences in views on valuation are apparent between the private and public equity markets. BX reported exceptional Q3 2025 results with distributable earnings of $1.52 per share, significantly exceeding expectations and reflecting its continued expansion across its diversified alternative asset platform. The 50% Y/Y increase in distributable earnings per share was led by robust fee-related earnings of $1.20 (+25% Y/Y) and strong net realizations of $505M (+124% Y/Y). Net accrued performance revenues were $6.5B.