Blackstone (BX) Earnings Preview

Blackstone Inc. (NYSE: BX) is scheduled to report earnings tomorrow, drawing significant attention from investors as one of the world’s largest private equity firms. As a bellwether for the alternative investment space, Blackstone’s results may set the tone for the broader private equity and asset management sectors.

The stock has rebounded impressively, recovering over 50% of the losses sustained during the market sell-off earlier this year. Currently trading around $171.27, shares remain below their all-time highs, but recent price action indicates renewed bullish sentiment.

Technical Momentum Turning Positive

The MACD (Moving Average Convergence Divergence) indicator has turned bullish, signalling a potential continuation of upward momentum. However, investors remain cautious about macroeconomic headwinds, including:

• The impact of tariffs

• Rising operating costs

• Broader market volatility

These factors could weigh on sentiment, especially if Blackstone’s earnings report reflects weaker fundamentals.

Support and Resistance Levels to Watch

From a technical analysis perspective, the stock is now forming a solid base:

• The previous resistance level at $149.64 has now flipped to support, providing a potential cushion in the event of a pullback.

• If a short-term decline occurs, many analysts may view it as a healthy correction and potential re-entry point, rather than a sign of deeper trouble.

• On the upside, the next key resistance level sits at $189, which could become the next target if earnings results exceed expectations.