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BlackRock (BLK) Stock Forecast, Price Target & Predictions

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BLK Stock Forecast

BlackRock stock forecast is as follows: an average price target of $1.09K (represents a 6.91% upside from BLK’s last price of $1.02K) 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 $1.09K 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 $837.00. This represents a potential 6.91% upside from BLK's last price of $1.02K.

BLK Analyst Ratings

Buy

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 03, 2024Glenn SchorrEvercore ISI$1.18K$1.02K15.44%16.10%
Oct 14, 2024Chris AllenCitigroup$1.15K$990.2616.13%13.15%
Oct 14, 2024Michael CyprysMorgan Stanley$1.25K$990.2625.72%22.50%
Oct 14, 2024Brian BedellDeutsche Bank$1.10K$990.2611.59%8.72%
Oct 14, 2024Glenn SchorrEvercore ISI$1.04K$990.265.02%2.33%
Oct 14, 2024Benjamin BudishBarclays$1.12K$990.2613.10%10.20%
Oct 13, 2024Michael BrownWells Fargo$1.09K$990.2610.07%7.25%
Oct 11, 2024Alexander BlosteinGoldman Sachs$1.12K$990.2612.90%10.00%
Oct 11, 2024Glenn SchorrEvercore ISI$995.00$986.490.86%-2.10%
Jul 16, 2024Aidan HallBlackRock$934.00$834.6211.91%-8.10%
Jul 12, 2024Aidan HallBlackRock$915.00$833.739.75%-9.97%
Jul 12, 2024Alexander BlosteinGoldman Sachs$793.00$826.25-4.02%-21.97%
Jul 12, 2024Brennan HawkenUBS$837.00$826.251.30%-17.64%
Jul 12, 2024Glenn SchorrEvercore ISI$920.00$826.2511.35%-9.48%
Apr 12, 2024Glenn SchorrEvercore ISI$900.00$785.9614.51%-11.45%
Apr 12, 2024Alexander BlosteinGoldman Sachs$913.00$785.9616.16%-10.17%
Apr 05, 2024Brian BedellDeutsche Bank$936.00$792.0918.17%-7.90%
Jan 16, 2024Bradley HaysBlackRock$938.00$791.3818.53%-7.71%
Jul 18, 2023Mike CyprysMorgan Stanley$888.00$738.9320.17%-12.63%
Jul 10, 2023Michael BrownBlackRock$835.00$694.5420.22%-17.84%
Apr 17, 2023Mike CyprysMorgan Stanley$770.00$697.4410.40%-24.24%
Apr 17, 2023Bill KatzCredit Suisse$920.00$697.4431.91%-9.48%
Oct 03, 2022Morgan Stanley$754.00$560.0034.64%-25.81%
Aug 12, 2022Deutsche Bank$860.00$748.1314.95%-15.38%
Jul 27, 2022Morgan Stanley$773.00$622.9424.09%-23.94%
Jul 08, 2022J.P. Morgan$729.00$623.7016.88%-28.27%
Jun 30, 2022Morgan Stanley$801.00$600.6833.35%-21.19%
Jun 29, 2022Goldman Sachs$710.00$617.9614.89%-30.14%
May 22, 2022Brian BedellDeutsche Bank$747.00$600.4424.41%-26.50%
Apr 12, 2022William KatzCitigroup$900.00$716.8325.55%-11.45%
Apr 11, 2022Ken WorthingtonJ.P. Morgan$912.00$728.3825.21%-10.27%
Apr 11, 2022Brian BedellDeutsche Bank$950.00$728.3830.43%-6.53%
Apr 11, 2022Michael CyprysMorgan Stanley$966.00$728.3832.62%-4.95%
Apr 06, 2022Brennan HawkenUBS$915.00$745.2322.78%-9.97%
Apr 05, 2022Craig SiegenthalerBank of America Securities$991.00$764.4329.64%-2.49%
Feb 20, 2022Brian BedellDeutsche Bank$1.02K$756.0235.45%0.75%
Jan 17, 2022Brian BedellDeutsche Bank$1.12K$848.6032.34%10.50%
Jan 14, 2022Daniel FannonJefferies$1.01K$842.9920.29%-0.23%
Oct 14, 2021William KatzCitigroup$1.03K$882.5417.28%1.84%
Jul 15, 2021Stephen BiggarArgus Research$975.00$866.3812.54%-4.07%
Apr 23, 2021Catherine SeifertCFRA$850.00$796.866.67%-16.37%
Apr 16, 2021Jeremy CampbellBarclays$925.00$795.1816.33%-8.99%

The latest BlackRock stock forecast, released on Dec 03, 2024 by Glenn Schorr from Evercore ISI, set a price target of $1.18K, which represents a 15.44% increase from the stock price at the time of the forecast ($1.02K), and a 16.10% increase from BLK last price ($1.02K).

BlackRock Price Target by Period

1M3M12M
# Anlaysts1918
Avg Price Target$1.18K$1.12K$1.01K
Last Closing Price$1.02K$1.02K$1.02K
Upside/Downside16.10%9.80%-0.90%

In the current month, the average price target of BlackRock stock is $1.18K, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 16.10% increase as opposed to BlackRock's last price of $1.02K. This month's average price target is up 5.75% compared to last quarter, and up 17.16% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 03, 2024Evercore ISIOutperformOutperformHold
Oct 14, 2024CitigroupBuyBuyHold
Oct 14, 2024Deutsche BankBuyBuyHold
Oct 13, 2024Wells FargoOverweightOverweightHold
Oct 11, 2024Evercore ISIOutperformOutperformHold
Oct 07, 2024Morgan StanleyOverweightOverweightHold
Oct 07, 2024BarclaysOverweightOverweightHold
Oct 03, 2024Goldman SachsBuyBuyHold
Sep 18, 2024Cowen & Co.BuyBuyHold
Sep 09, 2024BarclaysOverweightOverweightHold
Sep 05, 2024UBSBuyBuyHold
Aug 27, 2024BarclaysOverweightInitialise
Aug 15, 2024UBSBuyBuyHold
Jul 16, 2024Morgan StanleyOverweightOverweightHold
Jul 16, 2024CitigroupBuyBuyHold
Jul 12, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jul 12, 2024Cowen & Co.BuyBuyHold
Jul 12, 2024Evercore ISIOutperformOutperformHold
Jul 02, 2024Goldman SachsBuyBuyHold
Jul 02, 2024UBSNeutralNeutralHold
Apr 12, 2024Bank of America SecuritiesBuyBuyHold
Apr 12, 2024Evercore ISIOutperformOutperformHold
Apr 12, 2024Goldman SachsBuyBuyHold
Apr 12, 2024UBSNeutralNeutralHold
Apr 08, 2024Cowen & Co.BuyBuyHold
Apr 05, 2024Deutsche BankBuyBuyHold
Mar 08, 2024UBSMarket PerformMarket PerformHold
Jan 16, 2024Cowen & Co.OutperformUpgrade
Jan 10, 2024UBSMarket PerformMarket PerformHold
Dec 12, 2023Exane BNP ParibasOutperformUpgrade
Jul 18, 2023Morgan StanleyOverweightOverweightHold
Jul 10, 2023Keefe, Bruyette & WoodsMarket PerformOutperformUpgrade
Apr 17, 2023Credit SuisseBuyBuyHold
Apr 17, 2023Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
Apr 17, 2023Morgan StanleyOverweightOverweightHold
Apr 17, 2023Credit SuisseNeutralNeutralHold
Jan 12, 2023Credit SuisseNeutralNeutralHold
Jan 06, 2023Morgan StanleyOverweightOverweightHold
Jan 04, 2023Goldman SachsBuyBuyHold
Dec 15, 2022Wells FargoOverweightInitialise
Nov 23, 2022Goldman SachsBuyBuyHold
Nov 15, 2022Deutsche BankBuyBuyHold
Oct 11, 2022UBSBuyDowngrade
Oct 03, 2022Morgan StanleyOverweightOverweightHold
Aug 12, 2022Deutsche BankBuyBuyHold
Aug 04, 2022Raymond JamesOutperformOutperformHold
Jul 27, 2022Morgan StanleyOverweightOverweightHold
Jul 11, 2022New StreetReduceUpgrade
Jun 30, 2022Morgan StanleyOverweightOverweightHold
Jun 29, 2022Goldman SachsBuyBuyHold
Jun 29, 2022Keefe, Bruyette & WoodsMarket PerformMarket PerformHold
May 19, 2022Deutsche BankBuyBuyHold
Apr 11, 2022Morgan StanleyOverweightOverweightHold
Apr 11, 2022Deutsche BankBuyBuyHold
Feb 18, 2022Deutsche BankBuyBuyHold

BlackRock's last stock rating was published by Evercore ISI on Dec 03, 2024. The company gave BLK a "Outperform" rating, the same as its previous rate.

BlackRock Financial Forecast

BlackRock Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
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
Avg Forecast$6.45B$6.36B$6.27B$6.19B$6.50B$6.19B$6.01B$5.83B$6.26B$5.97B$5.69B$5.53B$5.62B$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
High Forecast$6.60B$6.51B$6.42B$6.33B$6.65B$6.33B$6.15B$5.97B$6.40B$6.11B$5.83B$5.75B$5.73B$5.05B$4.85B$4.66B$4.73B$4.63B$4.57B$4.35B$4.35B$4.31B$4.68B$4.80B$5.31B$4.95B$4.75B$4.43B$4.39B$4.05B
Low Forecast$6.34B$6.25B$6.17B$6.08B$6.39B$6.08B$5.90B$5.73B$6.15B$5.87B$5.60B$5.42B$5.43B$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
# Analysts4444444433356333633344443333138
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%

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433356333633344443333138
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
Avg Forecast$2.57B$2.54B$2.50B$2.47B$2.59B$2.47B$2.39B$2.32B$2.49B$2.38B$2.27B$2.21B$2.24B$2.01B$1.93B$2.04B$1.85B$1.80B$1.78B$1.86B$2.44B$1.66B$1.80B$1.69B$2.04B$1.91B$1.83B$1.64B$1.69B$1.56B
High Forecast$2.63B$2.59B$2.56B$2.52B$2.65B$2.52B$2.45B$2.38B$2.55B$2.44B$2.32B$2.29B$2.28B$2.01B$1.93B$2.45B$1.89B$1.84B$1.82B$2.23B$2.93B$1.71B$1.85B$2.03B$2.10B$1.96B$1.88B$1.97B$1.74B$1.60B
Low Forecast$2.53B$2.49B$2.46B$2.42B$2.55B$2.42B$2.35B$2.28B$2.45B$2.34B$2.23B$2.16B$2.16B$2.00B$1.93B$1.64B$1.82B$1.77B$1.75B$1.49B$1.96B$1.63B$1.76B$1.35B$2.00B$1.87B$1.79B$1.31B$1.66B$1.53B
Surprise %-----------------0.89%0.98%0.84%0.67%0.97%0.96%1.08%1.12%1.23%1.19%1.02%1.21%1.28%

6 analysts predict BLK's average Quarter EBITDA for Dec 23 to be $1.85B, with a high of $1.89B and a low of $1.82B. This is 15.20% upper than BlackRock's previous annual EBITDA (Sep 23) of $1.61B.

BlackRock Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433356333633344443333138
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
Avg Forecast$2.47B$2.41B$2.19B$2.17B$2.15B$2.03B$1.89B$1.79B$1.93B$1.83B$1.72B$1.65B$1.72B$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
High Forecast$2.54B$2.48B$2.25B$2.23B$2.21B$2.09B$1.95B$1.85B$1.99B$1.89B$1.77B$1.77B$1.85B$1.58B$1.49B$1.90B$1.39B$1.29B$1.31B$1.73B$2.11B$1.10B$1.22B$1.57B$1.58B$1.46B$1.46B$1.41B$1.42B$1.21B
Low Forecast$2.41B$2.35B$2.14B$2.12B$2.10B$1.98B$1.85B$1.75B$1.88B$1.79B$1.68B$1.58B$1.65B$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
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%

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433356333633344443333138
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
Avg Forecast$755.85M$745.27M$734.85M$724.57M$761.14M$724.86M$703.32M$682.90M$733.01M$699.36M$666.78M$648.19M$657.91M$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
High Forecast$773.47M$762.64M$751.98M$741.46M$778.88M$741.76M$719.71M$698.82M$750.09M$715.66M$682.32M$673.93M$670.83M$591.20M$567.86M$659.46M$554.18M$542.09M$535.33M$599.51M$722.86M$500.77M$543.35M$545.01M$616.09M$575.22M$551.88M$681.80M$509.92M$470.52M
Low Forecast$742.76M$732.37M$722.13M$712.03M$747.96M$712.31M$691.15M$671.08M$720.32M$687.26M$655.24M$635.32M$635.59M$588.09M$567.86M$439.64M$534.17M$520.58M$514.08M$399.67M$481.90M$476.77M$517.31M$363.34M$586.56M$547.65M$525.43M$454.53M$485.48M$447.96M
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%

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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts4444444433356333633344443333138
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
Avg Forecast$16.48$16.10$14.62$14.50$14.35$13.57$12.63$11.99$12.89$12.26$11.48$11.02$11.52$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
High Forecast$16.98$16.59$15.06$14.94$14.78$13.98$13.01$12.36$13.28$12.63$11.82$11.82$12.37$10.59$9.96$9.40$9.27$8.60$8.77$8.01$8.37$7.32$8.15$9.05$10.52$9.72$9.78$7.96$9.47$8.05
Low Forecast$16.11$15.74$14.29$14.17$14.03$13.26$12.35$11.72$12.60$11.98$11.22$10.56$11.03$10.32$9.96$9.40$8.53$8.16$8.32$7.60$7.94$6.87$7.65$8.49$9.87$9.12$9.17$7.47$8.88$7.55
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%

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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CGCarlyle Group$51.78$57.6011.24%Buy
TROWT. Rowe Price Group$117.89$125.006.03%Hold
BLKBlackRock$1.05K$1.09K3.56%Buy
ARCCAres Capital$21.30$22.003.29%Buy
BENFranklin Resources$21.34$22.003.09%Hold
NTRSNorthern Trust$104.71$105.200.47%Buy
IVZInvesco$17.80$17.50-1.69%Hold
BKBank of New York Mellon$78.45$76.80-2.10%Buy
BNBrookfield$59.01$56.56-4.15%Buy
ARESAres Management$178.33$167.83-5.89%Buy
MAINMain Street Capital$55.62$52.00-6.51%Buy
KKRKKR$151.23$138.83-8.20%Buy
APOApollo Global Management$176.32$149.50-15.21%Buy
BXBlackstone$183.11$153.80-16.01%Hold

BLK Forecast FAQ

Is BlackRock a good buy?

Yes, according to 15 Wall Street analysts, BlackRock (BLK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 14 'Buy' recommendations, accounting for 93.33% of BLK's total ratings.

What is BLK's price target?

BlackRock (BLK) average price target is $1.09K with a range of $837 to $1.24K, implying a 6.91% from its last price of $1.02K. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will BlackRock stock go up soon?

According to Wall Street analysts' prediction for BLK stock, the company can go up by 6.91% (from the last price of $1.02K to the average price target of $1.09K), up by 22.50% based on the highest stock price target, and down by -17.64% based on the lowest stock price target.

Can BlackRock stock reach $2K?

BLK's average twelve months analyst stock price target of $1.09K does not support the claim that BlackRock can reach $2K in the near future.

What is BlackRock's current price target trend?

1 Wall Street analyst forecast a $1.18K price target for BlackRock (BLK) this month, up 16.10% from its last price of $1.02K. Compared to the last 3 and 12 months, the average price target increased by 9.80% and decreased by -0.90%, respectively.

What are BlackRock's analysts' financial forecasts?

BlackRock's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $24.53B (high $25.1B, low $24.1B), average EBITDA is $9.77B (high $10B, low $9.6B), average net income is $7.86B (high $8.1B, low $7.68B), average SG&A $2.87B (high $2.94B, low $2.82B), and average EPS is $52.54 (high $54.13, low $51.36). BLK's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $25.28B (high $25.87B, low $24.84B), average EBITDA is $10.07B (high $10.31B, low $9.9B), average net income is $9.23B (high $9.51B, low $9.02B), average SG&A $2.96B (high $3.03B, low $2.91B), and average EPS is $61.7 (high $63.57, low $60.31).

Did the BLK's actual financial results beat the analysts' financial forecasts?

Based on BlackRock's last annual report (Dec 2022), the company's revenue was $17.87B, beating the average analysts forecast of $17.67B by 1.12%. Apple's EBITDA was $6.79B, missing the average prediction of $7.6B by -10.62%. The company's net income was $5.18B, missing the average estimation of $5.31B by -2.41%. Apple's SG&A was $2.15B, beating the average forecast of $2.07B by 3.59%. Lastly, the company's EPS was $34.31, beating the average prediction of $31.8 by 7.90%. In terms of the last quarterly report (Sep 2023), BlackRock's revenue was $4.31B, missing the average analysts' forecast of $4.52B by -4.70%. The company's EBITDA was $1.61B, missing the average prediction of $1.8B by -10.74%. BlackRock's net income was $1.41B, beating the average estimation of $1.25B by 12.64%. The company's SG&A was $550M, beating the average forecast of $529.75M by 3.82%. Lastly, the company's EPS was $9.33, beating the average prediction of $8.34 by 11.82%