BNP Paribas Exane Issues Positive Forecast for BlackRock (NYSE:BLK) Stock Price

Posted by Stanley Muller on Jun 23rd, 2026

BlackRock (NYSE:BLK – Get Free Report) had its price target hoisted by BNP Paribas Exane from $1,300.00 to $1,350.00 in a note issued to investors on Tuesday,MarketScreener reports. The firm currently has an “outperform” rating on the asset manager’s stock. BNP Paribas Exane’s price target points to a potential upside of 29.54% from the company’s current price.

BLK has been the subject of a number of other research reports. Weiss Ratings upgraded shares of BlackRock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 13th. Keefe, Bruyette & Woods increased their target price on shares of BlackRock from $1,150.00 to $1,240.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. Morgan Stanley lifted their price target on shares of BlackRock from $1,368.00 to $1,393.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. UBS Group upped their price objective on shares of BlackRock from $1,235.00 to $1,270.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Finally, Barclays raised their price objective on BlackRock from $1,290.00 to $1,310.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,267.39.

Read Our Latest Research Report on BLK

BlackRock Trading Down 0.9%

NYSE:BLK traded down $9.61 during mid-day trading on Tuesday, hitting $1,042.13. The company had a trading volume of 33,279 shares, compared to its average volume of 775,680. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.09 and a current ratio of 4.09. BlackRock has a fifty-two week low of $917.39 and a fifty-two week high of $1,219.94. The firm has a market cap of $161.77 billion, a P/E ratio of 26.12, a P/E/G ratio of 1.37 and a beta of 1.42. The business’s fifty day moving average is $1,048.86 and its two-hundred day moving average is $1,052.07.

BlackRock (NYSE:BLK – Get Free Report) last posted its earnings results on Tuesday, April 14th. The asset manager reported $12.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $12.40 by $0.13. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $6.56 billion. BlackRock had a return on equity of 14.74% and a net margin of 24.40%.The company’s revenue for the quarter was up 27.0% compared to the same quarter last year. During the same period in the previous year, the company earned $9.64 EPS. As a group, research analysts expect that BlackRock will post 52.8 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Laurence Fink sold 33,900 shares of the firm’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $1,050.55, for a total value of $35,613,645.00. Following the completion of the transaction, the chief executive officer owned 230,516 shares of the company’s stock, valued at approximately $242,168,583.80. This trade represents a 12.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Robert Kapito sold 8,739 shares of BlackRock stock in a transaction on Monday, April 27th. The shares were sold at an average price of $1,056.60, for a total transaction of $9,233,627.40. Following the completion of the sale, the president owned 210,186 shares in the company, valued at $222,082,527.60. The trade was a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.92% of the stock is owned by company insiders.

Institutional Trading of BlackRock

Hedge funds and other institutional investors have recently modified their holdings of the stock. Shum Financial Group Inc. increased its position in shares of BlackRock by 0.4% during the 4th quarter. Shum Financial Group Inc. now owns 2,183 shares of the asset manager’s stock worth $2,336,000 after purchasing an additional 9 shares during the last quarter. First Bancorp Inc ME lifted its stake in BlackRock by 2.9% in the fourth quarter. First Bancorp Inc ME now owns 321 shares of the asset manager’s stock valued at $344,000 after acquiring an additional 9 shares during the last quarter. Rather & Kittrell Inc. grew its position in shares of BlackRock by 2.1% in the 4th quarter. Rather & Kittrell Inc. now owns 430 shares of the asset manager’s stock valued at $461,000 after acquiring an additional 9 shares during the period. Oakworth Capital Inc. increased its stake in shares of BlackRock by 1.2% during the 4th quarter. Oakworth Capital Inc. now owns 755 shares of the asset manager’s stock worth $808,000 after purchasing an additional 9 shares during the last quarter. Finally, Tortoise Investment Management LLC increased its stake in shares of BlackRock by 23.8% during the 3rd quarter. Tortoise Investment Management LLC now owns 52 shares of the asset manager’s stock worth $61,000 after purchasing an additional 10 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock Company Profile

(Get Free Report)

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.