BlackRock (NYSE:BLK – Get Free Report) had its price objective cut by stock analysts at TD Cowen from $1,238.00 to $1,105.00 in a research report issued on Thursday,MarketScreener reports. The brokerage presently has a “hold” rating on the asset manager’s stock. TD Cowen’s target price indicates a potential upside of 11.45% from the stock’s previous close.
A number of other equities research analysts have also weighed in on BLK. BNP Paribas Exane upped their target price on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. CICC Research upped their target price on shares of BlackRock from $1,000.00 to $1,250.00 in a report on Tuesday, February 3rd. Evercore lowered their target price on shares of BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating on the stock in a report on Friday, March 6th. Wall Street Zen upgraded shares of BlackRock from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Freedom Capital upgraded shares of BlackRock from a “hold” rating to a “strong-buy” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,263.33.
View Our Latest Report on BlackRock
BlackRock Stock Performance
BlackRock (NYSE:BLK – Get Free Report) last issued its earnings results on Thursday, January 15th. The asset manager reported $13.16 EPS for the quarter, beating the consensus estimate of $12.55 by $0.61. The company had revenue of $7.01 billion during the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The firm’s revenue for the quarter was up 23.4% compared to the same quarter last year. During the same period last year, the business posted $11.93 EPS. As a group, analysts predict that BlackRock will post 47.41 EPS for the current year.
Insider Activity
In other BlackRock news, CFO Martin Small sold 27,047 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the completion of the sale, the chief financial officer owned 10,557 shares in the company, valued at approximately $12,363,724.98. This trade represents a 71.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen Cohen sold 225 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total transaction of $240,651.00. Following the sale, the director owned 5,661 shares of the company’s stock, valued at approximately $6,054,779.16. The trade was a 3.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 111,319 shares of company stock worth $123,999,249. Corporate insiders own 1.98% of the company’s stock.
Institutional Investors Weigh In On BlackRock
Large investors have recently modified their holdings of the stock. Pacifica Partners Inc. grew its stake in BlackRock by 450.0% in the 3rd quarter. Pacifica Partners Inc. now owns 22 shares of the asset manager’s stock valued at $25,000 after buying an additional 18 shares in the last quarter. TruNorth Capital Management LLC raised its position in BlackRock by 1,000.0% during the third quarter. TruNorth Capital Management LLC now owns 22 shares of the asset manager’s stock valued at $26,000 after purchasing an additional 20 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in BlackRock during the fourth quarter valued at about $26,000. Birchbrook Inc. purchased a new stake in BlackRock during the fourth quarter valued at about $31,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in BlackRock during the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.
More BlackRock News
Here are the key news stories impacting BlackRock this week:
- Positive Sentiment: BlackRock filed for an iShares Nasdaq‑100 ETF (with State Street also filing), directly challenging Invesco’s QQQ. Investors view this as a potential AUM and fee-competition win if BlackRock captures flows with a competitive expense ratio. BLK & STT Enter Nasdaq 100 Index ETFs, Challenge Invesco QQQ Fund
- Positive Sentiment: Coverage highlights that BlackRock is weathering the private‑credit stress better than peers thanks to its scale in index/ETF businesses and diversified franchises — a structural strength for revenue stability and valuation. Why BlackRock Is Weathering the Private Credit Storm Better Than Peers
- Neutral Sentiment: Analysts remain constructive overall (consensus around “Moderate Buy”) even as several firms trimmed price targets — Barclays, Jefferies, Keefe/KBW and Goldman lowered targets but kept positive ratings, implying confidence in medium‑term earnings power despite macro uncertainty. BlackRock (NYSE:BLK) Receives Average Recommendation of “Moderate Buy” from Analysts
- Neutral Sentiment: Minor portfolio housekeeping: BlackRock disclosed stake changes (Life360, reduced stake in Technology One, WPP threshold crossing), which are routine portfolio moves and not company‑level operational news. BlackRock Discloses 11% Stake in Life360
- Negative Sentiment: BlackRock executives warned that earnings estimates may be overly optimistic because inflationary fallout from the Middle East conflict could weigh on markets and client activity — a cautionary signal ahead of upcoming results. BlackRock’s Jewell Says Earnings Estimates Are Overly Optimistic
- Negative Sentiment: Asset outflows: BlackRock reported large crypto portfolio markdowns/outflows in Q1 and has seen heavy withdrawals from its India ETF amid geopolitical energy concerns — these reduce fee income and could pressure near‑term organic growth. BlackRock sees over $20 billion in cryptocurrency outflows in Q1 2026 Billions Flow Out of BlackRock’s India ETF as Iran War Escalates
- Negative Sentiment: An investor‑led litigation notice (Pomerantz) is circulating, creating an incremental legal/PR risk that investors will watch. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BlackRock, Inc. – BLK
About BlackRock
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.
Further Reading
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