Blackstone (BX) Earnings Preview: Key Levels and Market Outlook

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.

Investor Sentiment Ahead of Earnings

Heading into earnings season, some investors may choose to lock in gains or de-risk portfolios amid uncertainty, particularly if cost pressures or geopolitical risks are highlighted in the report. However, continued recovery in performance and improved forward guidance could reignite bullish momentum in the stock.

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