BlackRock, Inc. (BLK)
NYSE: BLK · Real-Time Price · USD
949.19
-2.30 (-0.24%)
At close: Oct 4, 2024, 4:00 PM
946.35
-2.84 (-0.30%)
After-hours: Oct 4, 2024, 4:38 PM EDT
BlackRock Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for BlackRock stock have an average target of 948.23, with a low estimate of 837 and a high estimate of 1,040. The average target predicts a decrease of -0.10% from the current stock price of 949.19.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for BlackRock stock from 13 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 7 | 7 | 6 | 7 | 7 | 6 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 13 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $945 → $995 | Buy | Maintains | $945 → $995 | +4.83% | Oct 4, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $960 → $1,040 | Strong Buy | Maintains | $960 → $1,040 | +9.57% | Oct 3, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $774 → $864 | Hold | Maintains | $774 → $864 | -8.98% | Oct 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $1,000 | Buy | Initiates | $1,000 | +5.35% | Sep 12, 2024 |
| Barclays | Barclays | Buy Maintains $985 → $990 | Buy | Maintains | $985 → $990 | +4.30% | Sep 9, 2024 |
Financial Forecast
Revenue This Year
20.20B
from 17.86B
Increased by 13.11%
Revenue Next Year
22.54B
from 20.20B
Increased by 11.57%
EPS This Year
41.96
from 36.51
Increased by 14.93%
EPS Next Year
46.94
from 41.96
Increased by 11.85%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.4B | 25.0B | 28.3B | ||
| Avg | 20.2B | 22.5B | 24.7B | ||
| Low | 19.4B | 19.6B | 21.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.0% | 24.0% | 25.8% | ||
| Avg | 13.1% | 11.6% | 9.4% | ||
| Low | 8.7% | -3.1% | -3.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 44.80 | 52.33 | 58.60 |
| Avg | 41.96 | 46.94 | 53.20 |
| Low | 39.77 | 41.45 | 44.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.7% | 24.7% | 24.9% |
| Avg | 14.9% | 11.9% | 13.3% |
| Low | 8.9% | -1.2% | -5.1% |
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.