Blackstone Outlook - Technical Neutrality and Mixed Analyst Signals

1. Market Snapshot

Headline: Blackstone (BX) is in technical neutrality with mixed signals suggesting wait-and-see. Stance: Caution is advised as momentum is unclear.

2. News Highlights

• April 2, 2025: A "Top 6 trends shaping the capital markets sector" analysis highlights evolving regulations and operational efficiency needs for capital market firms. Impact: May signal increased demand for compliance tech and risk management solutions.
• February 18, 2025: A "Capital Markets Outlook 2025" from Morgan notes that favorable economic conditions could support M&A activity and growth in private credit. Impact: Positive for Blackstone's asset management and advisory segments.

3. Analyst Views & Fundamentals

Recent analyst ratings for Blackstone show a simple average rating of 3.55 and a performance-weighted rating of 2.92, indicating a mixed but slightly bearish consensus. Analysts are largely neutral, with only one "Strong Buy" recommendation and no "Sell" signals.

Despite this, the price is up 8.08% in the short term, showing a mismatch between market expectations and price action. Analysts' weighted performance does not align with the recent rally.

Key Fundamental Factor Values:

• Revenue-to-Market Value (Revenue-MV): 3.00 model score: 3
• Operating Cycle: 332.57 days model score: 2
• Price-to-Sales (PS): 13.48 model score: 1
• Days Sales Outstanding (DSO): 117.87 days model score: 2
• Current Liabilities / Total Liabilities: 49.75% model score: 1
• Non-Current Assets / Total Assets: 52.89% model score: 1
• Cash Utilization (Cash-UP): 0.68 model score: 1
• Fixed Assets Turnover Ratio: 1,145.42 model score: 3
• Current Assets / Total Assets: 47.50% model score: 1
• Cash-to-Market Value (Cash-MV): 0.36 model score: 0

4. Money-Flow Trends

Big-money (large and extra-large) flows show a negative trend with inflow ratios of 49.28% and 49.89%, respectively. However, retail (small) investors are showing a positive trend with a 50.43% inflow ratio. Medium-sized flows also show a positive bias at 50.61%, while the overall trend remains negative (49.84%).

This suggests a divergence between retail and institutional flows, with institutional investors pulling back despite retail optimism.

5. Key Technical Signals

Technical analysis reveals an internal diagnostic score of 5.73 (0-10), indicating technical neutrality with wait-and-see conditions. Recent chart patterns include:

• MACD Golden Cross (score: 8.3) — a strong bullish signal.
• Shooting Star (score: 8.03) — also bullish.
• WR Overbought (score: 3.88) — neutral bias.
• RSI Overbought (score: 1.83) — weak bearish signal.

Notable recent indicators by date include:

• September 9: Shooting Star
• September 10: MACD Golden Cross
• September 11: Marubozu White

Overall, the technical momentum is unclear with mixed signals from bullish and bearish indicators. Investors are advised to monitor price reactions to key resistance and support levels in the coming weeks.

6. Conclusion

Actionable Takeaway: Given the mixed analyst ratings and technical neutrality, consider holding off on new positions until clearer momentum emerges. Watch for a potential pullback or confirmation of a breakout above key resistance levels before committing capital.