Blackstone Inc.

AI-generated fair value estimate for this company.

Method: Gordon growth distributable-earnings model: $5.60 normalized trailing distributable earnings (DE) per share; 9% cost of equity; 5% perpetual growth rate; value = DE x (1+g) / (r-g) = 5.60 x 1.05 / 0.04.

Reasoning: Blackstone is a capital-light alternative asset manager whose per-share economics are best captured by recurring distributable earnings rather than an unlevered FCF DCF; a perpetual-growth DDM on normalized DE better reflects its growing fee-related and performance earnings base and large, scaling AUM.