BlackRock, Inc. (BLK)
NYSE: BLK · Real-Time Price · USD
1,028.69
+12.36 (1.22%)
Dec 20, 2024, 4:00 PM EST - Market closed
BlackRock Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for BlackRock stock have an average target of 1,041, with a low estimate of 837 and a high estimate of 1,261. The average target predicts an increase of 1.15% from the current stock price of 1,028.69.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BlackRock stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 6 | 7 | 7 | 6 | 6 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 14 | 13 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $1,245 → $1,261 | Buy | Maintains | $1,245 → $1,261 | +22.58% | Dec 20, 2024 |
| Barclays | Barclays | Buy Maintains $1,120 → $1,220 | Buy | Maintains | $1,120 → $1,220 | +18.60% | Dec 9, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $1,105 → $1,133 | Strong Buy | Maintains | $1,105 → $1,133 | +10.14% | Nov 11, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $1,040 → $1,160 | Buy | Maintains | $1,040 → $1,160 | +12.76% | Nov 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $864 → $914 | Hold | Maintains | $864 → $914 | -11.15% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
20.39B
from 17.86B
Increased by 14.18%
Revenue Next Year
23.68B
from 20.39B
Increased by 16.12%
EPS This Year
43.72
from 36.51
Increased by 19.74%
EPS Next Year
49.47
from 43.72
Increased by 13.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 21.5B | 26.1B | 29.9B | |||
| Avg | 20.4B | 23.7B | 26.2B | |||
| Low | 17.7B | 20.3B | 22.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 20.5% | 27.8% | 26.4% | |||
| Avg | 14.2% | 16.1% | 10.7% | |||
| Low | -0.7% | -0.5% | -6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 47.15 | 57.72 | 62.87 |
| Avg | 43.72 | 49.47 | 55.22 |
| Low | 41.85 | 42.97 | 46.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.1% | 32.0% | 27.1% |
| Avg | 19.7% | 13.2% | 11.6% |
| Low | 14.6% | -1.7% | -6.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.