Analysts have revised 2026 and 2027 earnings estimates lower for both Blackstone and BlackRock, whose shares have dropped 15.8% and 6.3% respectively in the past three months.
Despite Blackstone's $1.3 trillion and BlackRock's $13.89 trillion in AUM as of March 2026, both firms face pressure from liquidity constraints, moderating returns, and investor confidence challenges.
While Blackstone excels in private markets and BlackRock in ETFs, both are expanding into each other's domains amid a tougher environment, with neither stock currently favored for investment by analysts.
BlackRock vs. Blackstone: Who will win the war for Wall Street's trillion-dollar private market prize?
Can BlackRock's new pay structure stop its top talent from defecting to private equity rivals?
With private equity dealmaking roaring back, which sectors will generate the biggest returns in 2026?
As two firms dominate all markets, are regulators prepared for the new systemic risks they create?
As giants chase retail money, are 'semi-liquid' funds a ticking time bomb for unprepared investors?
With 'shadow defaults' on the rise, is the private credit boom masking a hidden crisis?