BlackRock, Inc. (BLK)
NYSE: BLK · IEX Real-Time Price · USD
789.13
+6.86 (0.88%)
Jul 2, 2024, 4:00 PM EDT - Market closed
BlackRock Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for BlackRock stock have an average target of 863.17, with a low estimate of 720 and a high estimate of 1,025. The average target predicts an increase of 9.38% from the current stock price of 789.13.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BlackRock stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Buy | 7 | 6 | 7 | 7 | 7 | 7 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 13 | 14 | 14 | 14 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $915 | Buy | Maintains | $915 | +15.95% | Jul 2, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $930 → $915 | Buy | Maintains | $930 → $915 | +15.95% | Apr 15, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $1,013 → $1,025 | Buy | Maintains | $1,013 → $1,025 | +29.89% | Apr 15, 2024 |
| UBS | UBS | Hold Maintains $818 → $850 | Hold | Maintains | $818 → $850 | +7.71% | Apr 12, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $918 → $930 | Buy | Reiterates | $918 → $930 | +17.85% | Apr 5, 2024 |
Financial Forecast
Revenue This Year
20.21B
from 17.86B
Increased by 13.16%
Revenue Next Year
22.55B
from 20.21B
Increased by 11.56%
EPS This Year
41.80
from 36.51
Increased by 14.49%
EPS Next Year
47.22
from 41.80
Increased by 12.96%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.1B | 25.5B | 27.9B | 23.7B | 25.1B |
| Avg | 20.2B | 22.5B | 24.6B | 22.8B | 24.1B |
| Low | 17.7B | 19.3B | 20.5B | 22.1B | 23.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.8% | 26.0% | 23.9% | -3.6% | 10.1% |
| Avg | 13.2% | 11.6% | 9.1% | -7.3% | 5.9% |
| Low | -1.1% | -4.6% | -9.2% | -10.0% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 45.41 | 53.71 | 59.47 |
| Avg | 41.80 | 47.22 | 52.69 |
| Low | 38.47 | 42.09 | 42.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.4% | 28.5% | 25.9% |
| Avg | 14.5% | 13.0% | 11.6% |
| Low | 5.4% | 0.7% | -9.3% |
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.