$BX $250B Deal Sends Shares Toward $138

Trend_Radar
19:45

$Blackstone Group LP(BX)$

$Blackstone(BX) Soars +6.50%: $250B Mega-Deal Fuels Breakout, $138 Resistance in Sight

Latest Close Data: BX closed at $134.68, surging +6.50% on Aug 4, 2026. The stock is now trading well above its recent support, but remains -29.1% below its 52-week high of $190.09.

Core Market Drivers: The explosive rally was fueled by Blackstone’s landmark agreement to acquire a $250 billion Australian home loan portfolio from HSBC, marking the largest deal of its kind. This strategic expansion in Asia-Pacific credit, combined with Argus Research raising its price target to $150, reignited investor confidence in the firm's long-term growth trajectory.

Technical Analysis: The breakout is confirmed by surging momentum. The MACD histogram has expanded to 0.96, with the DIF line crossing firmly above the DEA. The RSI(6) jumped to 69.72, exiting neutral territory and signaling strong bullish momentum without being overbought, suggesting the stock has room to run.

Key Price Levels:

  • 🛡️ Primary Support: $117.01 (Prior swing low)

  • 🚀 Strong Resistance: $138.29 (Recent inflection point)

  • 🎯 Immediate Pivot: $134.68 (Today's close must hold for immediate upside)

Valuation Perspective: The stock trades at a P/E TTM of 30.15, which is moderately above its historical average forward P/E of 27.71, but the premium is justified by the massive scale of its new credit acquisition.

Analyst Targets: Analysts are overwhelmingly bullish, with a consensus price target of $144.85 (range: $119–$188). The rating consensus is “Strong Buy,” with 4 Strong Buy and 11 Buy ratings against 10 Holds.

Weekly Outlook: The technical chart is poised for a squeeze. A decisive break above $138.29 on high volume targets the $144–$150 zone. Failure to hold the pivot at $134.68 could see a pullback to consolidate near $127.

⚠️ Disclaimer: This is a technical analysis perspective only and does not constitute financial advice. Investment involves risk; please trade cautiously.

🎯📈 $Blackstone(BX) Options Strategy: Bull Call Spread

  • Underlying: BX (Blackstone)

  • View: Cautiously Bullish / Momentum Breakout. The stock surged +6.5% on massive deal news, breaking key resistance. While the move is strong, we anticipate a continued grind higher toward the $138 resistance and analyst targets, not an explosive, uncapped rally.

  • Strategy Type: Debit Spread (Vertical Spread)

  • Option Contract Portfolio:

    • Buy 1 contract: BX Aug 14, 2026 $132 Call @ $5.30 (Mid Price)

    • Sell 1 contract: BX Aug 14, 2026 $138 Call @ $2.33 (Mid Price)

  • Max Gain & Loss:

    • Max Gain: $303 [(138 - 132) - 2.97] * 100

    • Max Loss: $297 (Net Debit) * 100

  • Initial Cost/Credit: $2.97 Debit ($5.30 - $2.33)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment