BlackRock, Inc. Stock Price Targets

Comprehensive analysis of short, mid, and long-term price targets for BlackRock, Inc. (BLK).

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Give me a comprehensive price target analysis for BlackRock, Inc. (BLK).

Horizontal trendlines drawn

  • Low Target line at 1000.00 (green)
  • Median Target line at 1290.00 (orange)
  • High Target line at 1394.00 (red)

Lines extend 30 days into the future from today (2025-10-10) to 2025-11-09 on the BLK chart.

Summary of technical drawing (ticker: BLK)

  • Low Target (1000.00) drawn with color #00FF00
  • Median Target (1290.00) drawn with color #FFA500
  • High Target (1394.00) drawn with color #FF0000

Executive Summary

  • BlackRock, Inc. (BLK) trades around 1,167.43, with a solid earnings framework and strong profitability, but the stock sits near elevated valuations relative to historical levels.
  • Consensus price targets imply modest near-term upside into the 1,290 area (median) and a higher upside into the 1,394 area (high). The low target sits at 1,000.
  • The balance of fundamentals supports a quality, diversified asset-management business, while valuation suggests a measured stance given potential macro headwinds and rate sensitivity.

Fundamental Analysis Key Valuation and Financial Health Metrics

  • Current price: 1,167.43
  • Market cap: 180.78B
  • Enterprise value: 185.92B
  • P/E (Trailing): 28.23
  • P/E (Forward): 23.78
  • Price to Book: 3.68
  • Return on Equity (ROE): 13.9%
  • Return on Assets (ROA): 3.6%
  • Profit margin: 29.7%
  • Gross margin: 49.0%
  • Operating margin: 34.2%
  • Debt to equity: 28.5x
  • Total cash: 11.66B
  • Total debt: 14.71B
  • Dividend yield: 1.79% (five-year avg 2.34%)
  • Beta: 1.46

Observations

  • BLK shows healthy profitability and cash generation with strong margins, consistent ROE, and a solid balance sheet (net cash position is modestly negative to neutral given debt vs cash; cash ~11.7B vs debt ~14.7B).
  • Forward multiple (23.8x) is below the trailing multiple (28.2x), indicating multiple expansion or multiple normalization scenarios could influence near-term upside.

Analyst Coverage and Price Target Dispersion

  • Current price: 1,167.43
  • Number of analysts: 16
  • Target Low / Median / High / Mean:
    • Low: 1,000.00
    • Median: 1,290.00
    • High: 1,394.00
    • Mean: 1,250.38
  • These targets imply upside potential ranging from roughly -14% (to 1,000) to +19% (to 1,394) with the central case around +10% to +11%.

Earnings Analysis Recent Earnings Performance (latest quarter, 2025-06-30)

  • Total revenue: 5.423B
  • Gross profit: 2.596B
  • Operating income: 1.85B
  • EBITDA: 2.642B
  • Net income (continuing ops): 1.593B
  • Net income (GAAP): 1.593B (Net income, including minority interests)
  • Diluted EPS: 10.19
  • Basic EPS: 10.29
  • Commentary: QoQ revenue rose from 5.276B (2025-03-31) to 5.423B (2025-06-30), a modest growth of ~2.9%. Net income and EPS also rose QoQ (EPS +~5.8% QoQ). This reflects continued earnings resilience and stable operating execution.

EPS Trends

  • 0q (current quarter): 11.32
  • +1q: 12.69
  • 0y: 47.36
  • +1y: 53.21
  • Interpretation: The progression from 0q to +1q shows sequential improvement in quarterly EPS, and the YoY trend (0y to +1y) indicates higher annualized earnings levels, suggesting earnings momentum over the last year continues into the next year.

EPS Revisions

  • 0q: Up revisions = 3; Up Last 7 days = 3; Up Last 30 days = 2; Down Last 30 days = 0; Down Last 7 days = 1
  • +1q: Up revisions = 4; Up Last 7 days = 4; Up Last 30 days = 4; Down Last 30 days = 0; Down Last 7 days = 0
  • 0y: Up revisions = 3; Up Last 7 days = 3; Up Last 30 days = 4; Down Last 30 days = 1; Down Last 7 days = 1
  • +1y: Up revisions = 2; Up Last 7 days = 2; Up Last 30 days = 5; Down Last 30 days = 0; Down Last 7 days = 0
  • Interpretation: The EPS revision data show a tilt toward upgrades, especially over the last 30 days, indicating positive earnings sentiment among analysts and ongoing updates to expectations in the near and intermediate term.

Earnings Quality

  • Revenue Growth: 5.423B (2025-06-30) vs 5.276B (2025-03-31) – QoQ growth of ~2.9%.
  • Margins: Gross margin ~49.0%; Operating margin ~34.2% – consistent, high-quality margins for an asset-management franchise.
  • Profitability sustainability appears solid given double-digit ROE and strong cash generation, with a conservative balance sheet (debt modestly offset by cash, healthy liquidity).

Technical Analysis Current Price Action

  • The stock sits above the 50-day moving average, which is rising and currently around the low 1,100s (latest 50-day MA ~1130–1131). This indicates positive near-term momentum.
  • RSI (14) near 58.1 (as of 2025-10-09), indicating neither extreme overbought nor oversold; room for modest upside before overbought territory.
  • MACD (12,26,9) is above its signal line (MACD ~13.0 vs Signal ~11.7 on 2025-10-09), suggesting bullish momentum.

Key Support / Resistance

  • Support: The 50-day MA (~1131) provides near-term support; the 1,150–1,180 region has historically served as a price zone of interest in recent trading.
  • Resistance: The upper bound implied by consensus targets (1,290 median; 1,394 high) provides a path of potential resistance as price approaches those levels.

Moving Averages

  • 50-day MA is trending upward, consistent with a positive intermediate-term trend.
  • No explicit 200-day MA data provided here, but the 50-day MA ascent supports constructive near-term bias.

RSI and MACD

  • RSI at 58.1 indicates moderate bullish momentum without overbought risk.
  • MACD is positive and above the signal line, reinforcing a bullish stance.

Analyst Consensus & Price Targets

  • Current price: 1,167.43
  • Coverage: 16 analysts
  • Targets (Low/Median/High):
    • Low: 1,000
    • Median: 1,290
    • High: 1,394
  • Target Mean: 1,250.38
  • Implied upside to targets:
    • to Low: approx -14% to 1,000
    • to Median: approx +11% to 1,290
    • to High: approx +19% to 1,394
  • Catalysts cited by analysts typically include AUM growth, fee-rate stability, capital markets tailwinds, and share repurchase activity.

Price Target Analysis (Short, Mid, Long-Term)

Short-Term (3 months)

  • Target: 1,290 (Median) as the base case; 1,250 (Mean) as a slightly more conservative anchor.
  • Justification:
    • Earnings momentum observed in the latest quarter (QoQ revenue +2.9%, EPS higher QoQ).
    • Positive EPS revisions skewing upward in the near term (up revisions in the last 30 days for both 0q and +1q).
    • Technical setup remains constructive with price near the 50-day MA and improving MACD.
  • Key drivers:
    • Continued retention and growth of AUM.
    • Fee-margin stability and possible efficiency gains.
    • Moderate macro backdrop supporting capital markets activity.
  • Upside potential: ~+10% to ~+11% vs current price.

Mid-Term (12 months)

  • Target: 1,394 (High) as the bull-case; 1,290 (Median) remains a central scenario depending on execution.
  • Justification:
    • Analyst consensus already points to a high of 1,394, reflecting expectations of continued earnings resilience and share repurchases.
    • Forward P/E remains favorable relative to peers (Forward P/E around 23.8x) and may compress modestly if earnings growth accelerates.
    • Earnings quality remains strong (high margins, durable profitability, healthy cash flow), supporting multiple expansion if growth remains steady.
  • Key drivers:
    • Sustained AUM growth, stable fee revenue, and potential margin improvements.
    • Share repurchases and capital allocation efficiency.
    • Moderate, persistent demand for high-quality passive and active asset management products.
  • Upside potential: ~+19% to 1,394 from 1,167.

Long-Term (3+ years)

  • Target: ~1,600 (base-case), with upside optionality between 1,500–1,700 depending on execution and multiple regimes.
  • Justification:
    • Structural growth in global assets under management and wealth management demand supports durable revenue streams.
    • Margin stability and potential expansion in fee-related earnings can sustain healthy cash generation.
    • A business with diversified product lines and global distribution may command higher multiples in favorable macro scenarios.
  • Key drivers:
    • Global wealth growth, incremental share of passive vs. active mandates, and continued cost discipline.
    • Potential multiple expansion in a higher-growth scenario or if ROE/NIMs improve further.
  • Upside potential: ~+36% to ~1,600–1,700 over a multi-year horizon (subject to market multiples and growth trajectories).

Key Risks & Opportunities

  • Risks:
    • Market risk: Slower global growth or weaker capital markets may suppress AUM inflows and fee revenue.
    • Fee pressure: Intense competition and passive management trends can compress margins.
    • Regulatory risk: Regulatory changes affecting asset management and cross-border investing could impact operations.
    • Interest rate environment: Rising rates could influence investment allocations and client flows.
  • Opportunities:
    • Growth in global high-net-worth and institutional assets; continued secular demand for sophisticated risk management.
    • Efficient capital allocation (share repurchases, dividends) can support per-share metrics.
    • Potential upside from new product launches, ESG offerings, and tech-enabled advisory platforms.

Investment Recommendation

  • Rating: Hold
  • Time horizon: 12–24 months
  • Rationale:
    • Moderate near-term upside to the median target (+10%), with more substantial upside toward the high target (+19%) if earnings revisions and AUM growth hold up.
    • Valuation remains elevated relative to broader indices, and forward multiple suggests limited near-term multiple expansion unless earnings momentum accelerates.
    • The earnings quality is solid, with strong margins and robust cash flow, supporting a constructive long-term view.
  • Expected return potential (12–24 months): Approximately +8% to +20% depending on path to the median/high targets and the macro environment.

Analyst Consensus & Price Targets ( Detailed Table )

  • 16 analysts cover BLK
  • Current price: 1,167.43
  • Target Low: 1,000.00
  • Target Median: 1,290.00
  • Target High: 1,394.00
  • Target Mean: 1,250.38

Numerical Data Tables

  1. Key Metrics
  • Current price: 1,167.43
  • Market cap: 180,780,449,792
  • Enterprise value: 185,917,145,088
  • Trailing P/E: 28.23
  • Forward P/E: 23.78
  • P/B: 3.676
  • ROE: 13.92%
  • ROA: 3.61%
  • Profit margins: 29.68%
  • Gross margins: 49.02%
  • Operating margins: 34.23%
  • Debt to equity: 28.51
  • Total cash: 11,658,000,384
  • Total debt: 14,709,999,616
  • Dividend yield: 1.79%
  • Five-year avg dividend yield: 2.34%
  • Beta: 1.462
  1. Analyst Targets
  • Current price: 1,167.43
  • Number of analysts: 16
  • Target Low: 1,000.00
  • Target Median: 1,290.00
  • Target High: 1,394.00
  • Target Mean: 1,250.38
  1. Recent Earnings Summary (Latest Quarter)
  • Date: 2025-06-30
  • Revenue: 5,423,000,000
  • Gross Profit: 2,596,000,000
  • Operating Income: 1,850,000,000
  • EBITDA: 2,642,000,000
  • Net Income (continuing ops): 1,593,000,000
  • Diluted EPS: 10.19
  • Basic EPS: 10.29
  • Normalized Income: 1,274,343,250
  • Total Expenses: 3,573,000,000
  • Gross profit margin: implicit from gross profit / revenue
  • Net Income: 1,593,000,000
  1. EPS Trend (selected)
  • 0q: current: 11.32114
  • +1q: 12.68862
  • 0y: 47.36402
  • +1y: 53.20966
  1. EPS Revisions (selected)
  • 0q: upLast7days: 3; upLast30days: 2; downLast30days: 0; downLast7Days: 1
  • +1q: upLast7days: 4; upLast30days: 4; downLast30days: 0; downLast7Days: 0
  • 0y: upLast7days: 3; upLast30days: 4; downLast30days: 1; downLast7Days: 1
  • +1y: upLast7days: 2; upLast30days: 5; downLast30days: 0; downLast7Days: 0
  1. Technical Indicators (latest)
  • 50-day MA (latest): ~1130–1131 (data shows last date 2025-10-09 with MA 1130.9)
  • RSI(14) latest: 58.1 (2025-10-09)
  • MACD (12,26,9) latest: MACD 13.0; Signal 11.7 (2025-10-09)

Notes on Data Interpretation

  • Earnings quality remains solid with strong gross and operating margins, and consistent quarterly earnings improvements in the most recent quarter.
  • The EPS revisions data show a net tilt to upgrades in the near term, which supports a constructive bias for a positive stock performance into the next 3–12 months.
  • The price targets imply a potential appreciation into the median (1,290) and high (1,394) levels, with risk limited by valuation and macro conditions.

If you’d like, I can provide a one-page executive memo with crisp buy/hold/sell guidance anchored to each target level and include a sensitivity analysis against a few macro scenarios (e.g., rates up/down, AUM growth scenarios) to quantify upside/downside relative to the base case presented here.

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