Blackstone has exited a group aiming to invest in TikTok's US operations, alongside investors such as Susquehanna International Group and General Atlantic. Oracle is expected to acquire a stake in TikTok as part of this consortium. Blackstone's average target price is $162.60, with a 3.63% downside from its current price. The estimated GF Value for Blackstone in one year is $208.83, indicating a 23.77% upside.
Private equity giant Blackstone (BX) has reportedly withdrawn from a group aiming to invest in TikTok's U.S. operations, according to sources familiar with the situation. The investment group, which includes notable entities such as Susquehanna International Group, General Atlantic, and Andreessen Horowitz, was preparing to acquire an 80% stake in TikTok's U.S. business [1]. Oracle is expected to acquire a stake in TikTok as part of this consortium.
Based on the one-year price targets offered by 19 analysts, the average target price for Blackstone Inc (BX) is $162.60, with a high estimate of $202.00 and a low estimate of $132.00. The average target implies a downside of 3.63% from the current price of $168.72. Additionally, the estimated GF Value for Blackstone Inc (BX) in one year is $208.83, suggesting a 23.77% upside from the current price [2].
The exit of Blackstone from the consortium comes amid ongoing US-China trade talks and repeated deadline extensions for TikTok's U.S. operations. In April 2024, Congress enacted legislation mandating that TikTok be sold or shut down by 19 January 2025. In June 2025, President Donald Trump issued a third executive order extending the deadline to 17 September 2025 [3].
Meanwhile, JPMorgan analyst Samik Chatterjee downgraded Teradyne (TER) to Neutral from Overweight, citing economic uncertainty affecting customer decisions on investments in semiconductor equipment. The revised price target increased to $102. The one-year price targets from 15 analysts indicate an average of $96.54, with a high estimate of $133.00 and a low estimate of $74.00 [4].
References:
[1] https://www.gurufocus.com/news/2989147/blackstone-bx-exits-tiktok-us-investment-group-bx-stock-news
[2] https://www.gurufocus.com/news/2989147/blackstone-bx-exits-tiktok-us-investment-group-bx-stock-news
[3] https://finance.yahoo.com/news/blackstone-exits-consortium-bid-tiktok-112819185.html
[4] https://www.gurufocus.com/news/2983530/teradyne-ter-downgraded-by-jpmorgan-amid-macro-uncertainty-ter-stock-news
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