Goldman Sachs vs Blackstone

This page compares Goldman Sachs Group, Inc., The and Blackstone Inc, examining their business models, financial performance, and market context in a neutral, accessible way for readers. It highlights similarities and differences without offering recommendations. Educational content, not financial advice.

This page compares Goldman Sachs Group, Inc., The and Blackstone Inc, examining their business models, financial performance, and market context in a neutral, accessible way for readers. It highlights...

Comparison Snapshot

Key Financial Metrics

GS

Metric

BX

$279.49B

Market Cap

$183.06B

-12.56%

Potential Profit

21.07%

Hold

Analyst Rating

Buy

Why It's Moving

Goldman Sachs ramps up capital markets with massive $15B debt issuance amid sector headwinds.

Issued $15.1B in varied debt securities on Jan 21, highlighting strong demand for GS funding and flexibility in capital structure.
GS shares dropped 1.4% last week as investors digest Trump's credit card rate cap proposal, threatening revenue from consumer lending.
Declared preferred stock dividends payable in Feb/Mar, underscoring commitment to shareholders amid earnings season momentum.

Sentiment:

⚖️Neutral

Blackstone Charges into Retirement Savings with Empower Partnership and Seals Arlington Deal as Private Markets Heat Up.

Empower partnership opens Blackstone's $1.2T AUM strategies to defined-contribution plans, with leaders like Jon Gray highlighting enhanced returns and diversification for everyday investors previously locked out.
Agreement to acquire Arlington Industries announced January 26, expanding Blackstone's footprint in high-demand infrastructure assets as portfolio data shows accelerating US revenue growth to 9% YoY.
2026 Investment Perspectives tout AI-driven productivity, $177B dry powder for deals, and strong fundamentals like 600bps margin expansion, positioning BX to capitalize on market dislocations.

Sentiment:

🐃Bullish

Goldman Sachs ramps up capital markets with massive $15B debt issuance amid sector headwinds.

Issued $15.1B in varied debt securities on Jan 21, highlighting strong demand for GS funding and flexibility in capital structure.
GS shares dropped 1.4% last week as investors digest Trump's credit card rate cap proposal, threatening revenue from consumer lending.
Declared preferred stock dividends payable in Feb/Mar, underscoring commitment to shareholders amid earnings season momentum.

Sentiment:

⚖️Neutral

Blackstone Charges into Retirement Savings with Empower Partnership and Seals Arlington Deal as Private Markets Heat Up.

Empower partnership opens Blackstone's $1.2T AUM strategies to defined-contribution plans, with leaders like Jon Gray highlighting enhanced returns and diversification for everyday investors previously locked out.
Agreement to acquire Arlington Industries announced January 26, expanding Blackstone's footprint in high-demand infrastructure assets as portfolio data shows accelerating US revenue growth to 9% YoY.
2026 Investment Perspectives tout AI-driven productivity, $177B dry powder for deals, and strong fundamentals like 600bps margin expansion, positioning BX to capitalize on market dislocations.

Sentiment:

🐃Bullish

Investment Analysis

Goldman Sachs

GS

Pros

Goldman Sachs leads the 2025 global mergers-and-acquisitions activity with $1.05 trillion in deals, demonstrating strong deal-making leadership and deal flow.
The firm benefits from diversified operations spanning investment banking, asset management, and trading, supporting earnings stability across market cycles.
Goldman Sachs has a history of accelerating earnings growth, underscoring effective execution in its core businesses and operational efficiency.

Considerations

Goldman Sachs faces cyclical risks tied to market volatility and economic fluctuations impacting investment banking and trading revenues.
Despite strong deal activity, rising regulatory scrutiny and compliance costs may pressure profit margins in the medium term.
The firm's valuation is relatively high, which could limit upside potential if earnings growth slows or market conditions deteriorate.

Blackstone

BX

Pros

Blackstone expects accelerating management fee growth potentially exceeding 10% annually in 2025 and 2026, driven by fee holidays ending and new funds activation.
The company demonstrates strength in its core private equity segment with anticipated acceleration in capital velocity and realizations boosting earnings.
Blackstone remains an active net buyer in real estate, positioning for growth along with diversified segments including credit, insurance, and hedge funds.

Considerations

Blackstone's stock trades at a premium valuation with an adjusted P/E ratio around 57, indicating high growth expectations that may be challenging to meet.
Recent slight negative revisions to 2025 earnings per share suggest some near-term growth risks despite optimistic management outlooks.
The firm's market share is moderate relative to some competitors, potentially indicating challenges in scaling certain business lines amid competitive pressures.

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