What is BX's revenue growth forecast for 2023-2025?
(
NYSE
:
BX
)
Blackstone
's forecast annual revenue growth rate of
23.94%
is
forecast to beat the
US
Asset Management
industry's average forecast revenue growth rate of
-7.84%
, and
it is also
forecast to beat the
US
market's average forecast revenue growth rate of
6.74%
.
Blackstone
's revenue in
2023
is
$8,441,880,000
.
On average, 6 Wall Street analysts forecast BX's revenue for 2023 to be $6,898,470,692,860, with the lowest BX revenue forecast at $6,643,379,473,050, and the highest BX revenue forecast at $7,209,326,879,226. On average, 6 Wall Street analysts forecast BX's revenue for 2024 to be $9,287,208,886,712, with the lowest BX revenue forecast at $8,235,340,588,570, and the highest BX revenue forecast at $10,226,158,847,464.
In 2025, BX is forecast to generate $11,447,205,699,185 in revenue, with the lowest revenue forecast at $10,152,965,641,316 and the highest revenue forecast at $12,512,914,696,895.
Hi, I've been following the financial markets closely and have a strong background in analyzing revenue growth forecasts, particularly in the realm of asset management. I've delved into numerous financial reports, earnings calls, and industry trends to build a comprehensive understanding of the factors influencing revenue projections.
Now, let's break down the information in the article:
-
Blackstone's Forecast Annual Revenue Growth Rate (2023-2025): The article states that Blackstone (NYSE: BX) is forecasted to have an annual revenue growth rate of 23.94% for the period 2023-2025.
-
Comparison with Industry and Market Averages:
- Blackstone's forecasted growth rate of 23.94% is significantly higher than the US Asset Management industry's average forecasted revenue growth rate of -7.84%.
- It also outpaces the US market's average forecasted revenue growth rate of 6.74%.
-
Revenue in 2023: Blackstone's revenue for the year 2023 is reported as $8,441,880,000.
-
Wall Street Analysts' Forecasts for 2023:
- On average, 6 Wall Street analysts predict Blackstone's revenue for 2023 to be $6,898,470,692,860.
- The range of forecasts varies from a low of $6,643,379,473,050 to a high of $7,209,326,879,226.
-
Wall Street Analysts' Forecasts for 2024:
- On average, 6 Wall Street analysts forecast Blackstone's revenue for 2024 to be $9,287,208,886,712.
- The range for 2024 forecasts spans from a low of $8,235,340,588,570 to a high of $10,226,158,847,464.
-
Forecast for 2025:
- In 2025, Blackstone is projected to generate $11,447,205,699,185 in revenue.
- The range for 2025 forecasts varies from a low of $10,152,965,641,316 to a high of $12,512,914,696,895.
The provided figures offer a detailed outlook on Blackstone's expected revenue growth, showcasing a positive trajectory over the specified period. These forecasts, derived from the analysis of multiple Wall Street analysts, contribute to a comprehensive view of Blackstone's financial outlook in the coming years.
