BlackRock (NYSE:BLK) Stock Has Consensus Price Target of $1,308.06

Posted by Stanley Muller on Oct 8th, 2026

BlackRock (NYSE:BLK – Get Free Report) has been given an average recommendation of “Moderate Buy” by the eighteen research firms that are presently covering the stock, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, fourteen have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $1,304.24.

BLK has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $1,258.00 target price on shares of BlackRock in a report on Thursday, July 16th. Zacks Research cut shares of BlackRock from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. BMO Capital Markets raised their price target on shares of BlackRock from $1,250.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Friday, July 17th. Bank of America upped their price objective on BlackRock from $1,298.00 to $1,320.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $1,389.00 target price on shares of BlackRock in a research note on Thursday, July 16th.

Get Our Latest Stock Analysis on BLK

BlackRock Stock Down 1.0%

Shares of NYSE:BLK opened at $1,068.41 on Thursday. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33. The stock has a fifty day simple moving average of $1,110.65 and a two-hundred day simple moving average of $1,057.36. BlackRock has a 12-month low of $917.39 and a 12-month high of $1,219.94. The stock has a market capitalization of $165.46 billion, a price-to-earnings ratio of 25.54, a PEG ratio of 1.22 and a beta of 1.41.

BlackRock (NYSE:BLK – Get Free Report) last released its earnings results on Wednesday, July 15th. The asset manager reported $13.91 EPS for the quarter, topping analysts’ consensus estimates of $12.69 by $1.22. The firm had revenue of $7.08 billion for the quarter, compared to analysts’ expectations of $6.73 billion. BlackRock had a return on equity of 14.90% and a net margin of 24.09%.The company’s quarterly revenue was up 30.6% on a year-over-year basis. During the same period in the prior year, the firm posted $12.05 earnings per share. On average, research analysts anticipate that BlackRock will post 55.73 earnings per share for the current fiscal year.

BlackRock Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Tuesday, September 8th were issued a dividend of $5.73 per share. This represents a $22.92 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, September 8th. BlackRock’s dividend payout ratio is presently 54.78%.

Institutional Investors Weigh In On BlackRock

Several large investors have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of BlackRock during the 2nd quarter valued at $9,747,857,000. Corient Private Wealth LLC grew its holdings in shares of BlackRock by 5,190.3% in the fourth quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock worth $5,876,618,000 after acquiring an additional 5,386,640 shares during the period. Bank of America Corp DE purchased a new stake in BlackRock during the second quarter valued at $4,409,095,000. Santa Clara Valley Transportation Authority purchased a new stake in BlackRock during the second quarter valued at $129,138,253,000. Finally, Auto Owners Insurance Co lifted its holdings in BlackRock by 106,934.0% in the fourth quarter. Auto Owners Insurance Co now owns 1,284,408 shares of the asset manager’s stock valued at $128,441,000 after acquiring an additional 1,283,208 shares during the period. 80.69% of the stock is currently owned by institutional investors.

Key Headlines Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

Positive Sentiment: JPMorgan raised its BlackRock price target from $1,364 to $1,435 and maintained an “overweight” rating, implying substantial upside from recent levels. BlackRock Stock Price Target Raised at JPMorgan Chase
Positive Sentiment: BlackRock is reportedly in exclusive talks to acquire Stack Infrastructure’s Asia-Pacific data-center operations for approximately $20 billion to $25 billion. The potential transaction would expand its exposure to AI and cloud infrastructure, although it would also require significant capital. BlackRock in Talks on Data Center Deal
Positive Sentiment: Recent coverage highlights strong performance from BlackRock’s income and semiconductor funds, while the company continues developing tokenized money-market funds, stablecoin infrastructure and crypto products. These initiatives could support future fee growth and asset inflows. BlackRock Income Fund Performance

About BlackRock

(Get Free Report)

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company’s principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.