BlackRock (BLK) Stock Forecast, Price Target & Predictions
BLK Stock Forecast
BlackRock stock forecast is as follows: an average price target of $1.01K (represents a -3.74% downside from BLK’s last price of $1.05K) and a rating consensus of 'Buy', based on 15 wall street analysts offering a 1-year stock forecast.
BLK Price Target
The average price target for BlackRock (BLK) is $1.01K based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $1.25K to $729.00. This represents a potential -3.74% downside from BLK's last price of $1.05K.
BLK Analyst Ratings
According to 15 Wall Street analysts, BlackRock's rating consensus is 'Buy'. The analyst rating breakdown for BLK stock is 0 'Strong Buy' (0.00%), 14 'Buy' (93.33%), 0 'Hold' (0.00%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).
BlackRock Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 14, 2024 | Chris Allen | Citigroup | $1.15K | $990.26 | 16.13% | 9.83% |
| Oct 14, 2024 | Michael Cyprys | Morgan Stanley | $1.25K | $990.26 | 25.72% | 18.90% |
| Oct 14, 2024 | Brian Bedell | Deutsche Bank | $1.10K | $990.26 | 11.59% | 5.53% |
| Oct 14, 2024 | Glenn Schorr | Evercore ISI | $1.04K | $990.26 | 5.02% | -0.68% |
| Oct 14, 2024 | Benjamin Budish | Barclays | $1.12K | $990.26 | 13.10% | 6.96% |
| Oct 13, 2024 | Michael Brown | Wells Fargo | $1.09K | $990.26 | 10.07% | 4.10% |
| Oct 11, 2024 | Alexander Blostein | Goldman Sachs | $1.12K | $990.26 | 12.90% | 6.77% |
| Oct 11, 2024 | Glenn Schorr | Evercore ISI | $995.00 | $986.49 | 0.86% | -4.97% |
| Jul 16, 2024 | Aidan Hall | BlackRock | $934.00 | $834.62 | 11.91% | -10.80% |
| Jul 12, 2024 | Alexander Blostein | Goldman Sachs | $793.00 | $826.25 | -4.02% | -24.27% |
The latest BlackRock stock forecast, released on Oct 14, 2024 by Chris Allen from Citigroup, set a price target of $1.15K, which represents a 16.13% increase from the stock price at the time of the forecast ($990.26), and a 9.83% increase from BLK last price ($1.05K).
BlackRock Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 8 | 17 |
| Avg Price Target | - | $1.11K | $997.00 |
| Last Closing Price | $1.05K | $1.05K | $1.05K |
| Upside/Downside | -100.00% | 5.81% | -4.78% |
In the current month, the average price target of BlackRock stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to BlackRock's last price of $1.05K. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 14, 2024 | Citigroup | Buy | Buy | Hold |
| Oct 14, 2024 | Deutsche Bank | Buy | Buy | Hold |
| Oct 13, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Oct 11, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Oct 07, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 07, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 03, 2024 | Goldman Sachs | Buy | Buy | Hold |
| Sep 18, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 09, 2024 | Barclays | Overweight | Overweight | Hold |
| Sep 05, 2024 | UBS | Buy | Buy | Hold |
BlackRock's last stock rating was published by Citigroup on Oct 14, 2024. The company gave BLK a "Buy" rating, the same as its previous rate.
BlackRock Financial Forecast
BlackRock Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.31B | $4.46B | $4.24B | $4.34B | $4.31B | $4.53B | $4.70B | $5.11B | $5.05B | $4.82B | $4.40B | $4.48B | $4.37B | $3.65B | $3.71B | $3.98B | $3.69B |
| Avg Forecast | $6.50B | $6.19B | $6.01B | $5.83B | $6.20B | $5.96B | $5.72B | $5.56B | $5.63B | $5.03B | $4.85B | $4.66B | $4.65B | $4.52B | $4.47B | $4.25B | $4.25B | $4.20B | $4.55B | $4.67B | $5.16B | $4.82B | $4.62B | $4.31B | $4.27B | $3.94B | $3.55B | $3.63B | $3.85B | $3.69B |
| High Forecast | $6.63B | $6.32B | $6.13B | $5.95B | $6.33B | $6.09B | $5.83B | $5.79B | $5.75B | $5.05B | $4.85B | $4.66B | $4.73B | $4.62B | $4.56B | $4.34B | $4.34B | $4.31B | $4.68B | $4.80B | $5.31B | $4.95B | $4.75B | $4.43B | $4.39B | $4.05B | $3.65B | $3.73B | $3.96B | $3.79B |
| Low Forecast | $6.39B | $6.09B | $5.91B | $5.74B | $6.10B | $5.87B | $5.63B | $5.45B | $5.45B | $5.02B | $4.85B | $4.66B | $4.56B | $4.45B | $4.39B | $4.18B | $4.18B | $4.11B | $4.46B | $4.57B | $5.05B | $4.72B | $4.52B | $4.22B | $4.18B | $3.86B | $3.47B | $3.55B | $3.77B | $3.61B |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 13 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.00% | 1.00% | 1.02% | 1.03% | 0.99% | 1.01% | 0.99% | 1.05% | 1.04% | 1.02% | 1.05% | 1.11% | 1.03% | 1.02% | 1.03% | 1.00% |
BlackRock's average Quarter revenue forecast for Dec 23 based on 6 analysts is $4.65B, with a low forecast of $4.56B, and a high forecast of $4.73B. BLK's average Quarter revenue forecast represents a 7.90% increase compared to the company's last Quarter revenue of $4.31B (Sep 23).
BlackRock EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 13 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.61B | $1.74B | $1.56B | $1.64B | $1.61B | $1.73B | $1.82B | $2.28B | $2.35B | $2.19B | $1.67B | $2.04B | $2.00B | $1.74B | $949.00M | $1.76B | $1.62B |
| Avg Forecast | $2.54B | $2.42B | $2.35B | $2.28B | $2.42B | $2.33B | $2.23B | $2.17B | $2.20B | $1.97B | $1.89B | $2.04B | $1.82B | $1.77B | $1.74B | $1.86B | $2.44B | $1.66B | $1.80B | $1.69B | $2.04B | $1.91B | $1.83B | $1.64B | $1.69B | $1.56B | $1.41B | $913.19M | $1.53B | $1.46B |
| High Forecast | $2.59B | $2.47B | $2.39B | $2.32B | $2.47B | $2.38B | $2.28B | $2.26B | $2.25B | $1.97B | $1.89B | $2.45B | $1.85B | $1.80B | $1.78B | $2.23B | $2.93B | $1.71B | $1.85B | $2.03B | $2.10B | $1.96B | $1.88B | $1.97B | $1.74B | $1.60B | $1.44B | $1.10B | $1.57B | $1.50B |
| Low Forecast | $2.50B | $2.38B | $2.31B | $2.24B | $2.38B | $2.29B | $2.20B | $2.13B | $2.13B | $1.96B | $1.89B | $1.64B | $1.78B | $1.74B | $1.72B | $1.49B | $1.96B | $1.63B | $1.76B | $1.35B | $2.00B | $1.87B | $1.79B | $1.31B | $1.66B | $1.53B | $1.38B | $730.55M | $1.49B | $1.43B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.00% | 0.84% | 0.67% | 0.97% | 0.96% | 1.08% | 1.12% | 1.23% | 1.19% | 1.02% | 1.21% | 1.28% | 1.24% | 1.04% | 1.16% | 1.11% |
6 analysts predict BLK's average Quarter EBITDA for Dec 23 to be $1.82B, with a high of $1.85B and a low of $1.78B. This is 12.94% upper than BlackRock's previous annual EBITDA (Sep 23) of $1.61B.
BlackRock Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 13 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.41B | $1.37B | $1.16B | $1.26B | $1.41B | $1.08B | $1.44B | $1.63B | $1.68B | $1.38B | $1.20B | $1.55B | $1.36B | $1.21B | $806.00M | $1.30B | $1.12B |
| Avg Forecast | $2.08B | $2.01B | $1.87B | $1.77B | $1.93B | $1.84B | $1.72B | $1.65B | $1.73B | $1.56B | $1.49B | $1.58B | $1.33B | $1.25B | $1.27B | $1.44B | $1.76B | $1.06B | $1.18B | $1.31B | $1.52B | $1.40B | $1.41B | $1.18B | $1.37B | $1.16B | $1.05B | $775.58M | $1.16B | $1.04B |
| High Forecast | $2.14B | $2.06B | $1.92B | $1.82B | $1.98B | $1.89B | $1.77B | $1.77B | $1.86B | $1.58B | $1.49B | $1.90B | $1.39B | $1.28B | $1.31B | $1.73B | $2.11B | $1.10B | $1.22B | $1.57B | $1.58B | $1.46B | $1.46B | $1.41B | $1.42B | $1.21B | $1.08B | $930.70M | $1.20B | $1.08B |
| Low Forecast | $2.04B | $1.97B | $1.83B | $1.73B | $1.89B | $1.80B | $1.68B | $1.58B | $1.66B | $1.54B | $1.49B | $1.27B | $1.28B | $1.22B | $1.25B | $1.15B | $1.41B | $1.03B | $1.15B | $1.05B | $1.48B | $1.37B | $1.37B | $942.88M | $1.33B | $1.13B | $1.02B | $620.47M | $1.13B | $1.01B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.13% | 1.07% | 0.80% | 0.71% | 1.33% | 0.91% | 1.10% | 1.07% | 1.20% | 0.98% | 1.02% | 1.13% | 1.17% | 1.16% | 1.04% | 1.12% | 1.07% |
BlackRock's average Quarter net income forecast for Dec 23 is $1.33B, with a range of $1.28B to $1.39B. BLK's average Quarter net income forecast represents a -5.56% decrease compared to the company's last Quarter net income of $1.41B (Sep 23).
BlackRock SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 13 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $550.00M | $517.00M | $522.00M | $571.00M | $550.00M | $528.00M | $498.00M | $562.00M | $581.00M | $462.00M | $578.00M | $475.00M | $460.00M | $389.00M | $523.00M | $467.00M | $388.00M |
| Avg Forecast | $761.14M | $724.86M | $703.32M | $682.90M | $725.98M | $698.42M | $669.64M | $650.91M | $659.54M | $589.65M | $567.86M | $549.55M | $544.76M | $529.75M | $523.13M | $499.59M | $602.38M | $487.26M | $528.70M | $454.18M | $599.47M | $559.70M | $536.99M | $568.16M | $496.16M | $457.82M | $412.25M | $503.26M | $447.57M | $428.58M |
| High Forecast | $776.62M | $739.61M | $717.63M | $696.79M | $740.75M | $712.63M | $683.26M | $677.98M | $673.70M | $591.20M | $567.86M | $659.46M | $554.18M | $540.52M | $533.78M | $599.51M | $722.86M | $500.77M | $543.35M | $545.01M | $616.09M | $575.22M | $551.88M | $681.80M | $509.92M | $470.52M | $423.68M | $603.92M | $459.97M | $440.46M |
| Low Forecast | $748.77M | $713.08M | $691.89M | $671.80M | $714.18M | $687.07M | $658.76M | $637.96M | $638.31M | $588.09M | $567.86M | $439.64M | $534.17M | $521.14M | $514.63M | $399.67M | $481.90M | $476.77M | $517.31M | $363.34M | $586.56M | $547.65M | $525.43M | $454.53M | $485.48M | $447.96M | $403.37M | $402.61M | $437.93M | $419.35M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.99% | 1.04% | 0.95% | 1.13% | 1.00% | 1.10% | 0.94% | 1.04% | 0.86% | 1.02% | 0.96% | 1.00% | 0.94% | 1.04% | 1.04% | 0.91% |
BlackRock's average Quarter SG&A projection for Dec 23 is $544.76M, based on 6 Wall Street analysts, with a range of $534.17M to $554.18M. The forecast indicates a -0.95% fall compared to BLK last annual SG&A of $550.00M (Sep 23).
BlackRock EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 13 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.33 | $9.13 | $7.72 | $8.39 | $9.29 | $7.09 | $9.42 | $10.75 | $11.05 | $9.04 | $7.86 | $10.15 | $8.94 | $7.90 | $5.19 | $8.38 | $7.21 |
| Avg Forecast | $13.93 | $13.44 | $12.53 | $11.84 | $12.90 | $12.32 | $11.50 | $11.04 | $11.54 | $10.45 | $9.96 | $9.40 | $8.88 | $8.34 | $8.52 | $7.78 | $8.13 | $7.06 | $7.87 | $8.74 | $10.16 | $9.39 | $9.44 | $7.68 | $9.14 | $7.77 | $6.99 | $6.36 | $7.76 | $6.96 |
| High Forecast | $14.30 | $13.79 | $12.86 | $12.16 | $13.24 | $12.64 | $11.80 | $11.85 | $12.40 | $10.59 | $9.96 | $9.40 | $9.27 | $8.56 | $8.74 | $7.98 | $8.34 | $7.32 | $8.15 | $9.05 | $10.52 | $9.72 | $9.78 | $7.96 | $9.47 | $8.05 | $7.25 | $6.59 | $8.04 | $7.21 |
| Low Forecast | $13.63 | $13.15 | $12.26 | $11.59 | $12.62 | $12.06 | $11.26 | $10.58 | $11.06 | $10.32 | $9.96 | $9.40 | $8.53 | $8.17 | $8.34 | $7.61 | $7.96 | $6.87 | $7.65 | $8.49 | $9.87 | $9.12 | $9.17 | $7.47 | $8.88 | $7.55 | $6.80 | $6.18 | $7.54 | $6.77 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.07% | 0.99% | 1.03% | 1.32% | 0.90% | 1.08% | 1.06% | 1.18% | 0.96% | 1.02% | 1.11% | 1.15% | 1.13% | 0.82% | 1.08% | 1.04% |
According to 6 Wall Street analysts, BlackRock's projected average Quarter EPS for Dec 23 is $8.88, with a low estimate of $8.53 and a high estimate of $9.27. This represents a -4.87% decrease compared to BLK previous annual EPS of $9.33 (Sep 23).
BlackRock Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BEN | Franklin Resources | $21.58 | $26.89 | 24.61% | Hold |
| IVZ | Invesco | $17.74 | $20.67 | 16.52% | Hold |
| TROW | T. Rowe Price Group | $119.80 | $139.00 | 16.03% | Hold |
| NTRS | Northern Trust | $105.96 | $113.27 | 6.90% | Buy |
| CG | Carlyle Group | $51.09 | $53.40 | 4.52% | Buy |
| ARCC | Ares Capital | $21.58 | $21.60 | 0.09% | Buy |
| MAIN | Main Street Capital | $52.16 | $52.00 | -0.31% | Buy |
| BLK | BlackRock | $1.05K | $1.01K | -3.74% | Buy |
| BN | Brookfield | $57.80 | $54.32 | -6.02% | Buy |
| ARES | Ares Management | $169.02 | $150.11 | -11.19% | Buy |
| BK | Bank of New York Mellon | $77.57 | $65.47 | -15.60% | Buy |
| BX | Blackstone | $181.21 | $139.38 | -23.08% | Hold |
| APO | Apollo Global Management | $164.31 | $122.00 | -25.75% | Buy |
| KKR | KKR | $150.52 | $108.77 | -27.74% | Buy |