BlackRock, Inc. (BLK)
NYSE: BLK · IEX Real-Time Price · USD
756.47
-6.33 (-0.83%)
Apr 25, 2024, 1:36 PM EDT - Market open
BlackRock Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for BlackRock stock have an average target of 838.85, with a low estimate of 542 and a high estimate of 1,025. The average target predicts an increase of 10.89% from the current stock price of 756.47.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for BlackRock stock from 13 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 6 | 6 | 7 | 7 | 6 | 6 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 14 | 14 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy Maintains $1,013 → $1,025 | Buy | Maintains | $1,013 → $1,025 | +35.50% | Apr 15, 2024 |
| UBS | UBS | Hold Maintains $818 → $850 | Hold | Maintains | $818 → $850 | +12.36% | Apr 12, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Reiterates $918 → $930 | Buy | Reiterates | $918 → $930 | +22.94% | Apr 5, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $742 → $767 | Hold | Maintains | $742 → $767 | +1.39% | Apr 2, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $880 → $920 | Buy | Maintains | $880 → $920 | +21.62% | Mar 8, 2024 |
Financial Forecast
Revenue This Year
20.36B
from 17.86B
Increased by 14.00%
Revenue Next Year
22.75B
from 20.36B
Increased by 11.72%
EPS This Year
41.39
from 36.51
Increased by 13.38%
EPS Next Year
46.89
from 41.39
Increased by 13.28%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.0B | 25.3B | 28.7B | 22.9B | 24.6B |
| Avg | 20.4B | 22.7B | 24.5B | 22.1B | 23.7B |
| Low | 19.0B | 21.1B | 21.0B | 21.4B | 23.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.0% | 24.1% | 26.4% | -6.6% | 11.6% |
| Avg | 14.0% | 11.7% | 7.9% | -10.1% | 7.4% |
| Low | 6.5% | 3.4% | -7.6% | -12.8% | 4.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.10 | 53.10 | 59.22 |
| Avg | 41.39 | 46.89 | 52.70 |
| Low | 37.19 | 40.08 | 43.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.3% | 28.3% | 26.3% |
| Avg | 13.4% | 13.3% | 12.4% |
| Low | 1.9% | -3.2% | -6.7% |
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.