BlackRock, Inc.

BLK · NYSE

Market closed$1,072.20$-14.85 (-1.37%)After hours $1,072.90 · +0.07%

Key statistics

Previous close$1,087.05
Open$1,068.29
Day high$1,099.41
Day low$1,067.91
52-week high$1,219.94
52-week low$917.39
Market cap166.19B
Volume760.96K
Average volume732.04K
P/E ratio20.96
Forward P/E
EPS51.15
Dividend yield+2.04%

Market context

Why it moved

BlackRock's Q2 2026 earnings report revealed squeezed net profit margins compared to the prior year, disappointing investors despite record assets under management and revenue growth, while a broader market selloff driven by a sharp decline in semiconductor and AI-related stocks further weighed on BLK shares.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026BlackRock closed modestly lower, giving back some of its post-earnings surge as a broader tech-driven selloff weighed on financial stocks. The pullback comes after BLK surged ~5% on July 15 following blowout Q2 results — record $15.3T AUM, $13.91 EPS (vs. $12.57 estimate), and $7.08B in revenue (+31% YoY) — which triggered a wave of analyst upgrades, including JPMorgan raising BLK to Overweight with a $1,364 target and BMO Capital lifting its target to $1,300. Friday's decline aligns with broader market pressure from a semiconductor-led selloff, escalating U.S.-Iran tensions, and a disappointing Netflix outlook rattling risk sentiment.

-1.3661

July 17, 2026BlackRock edged lower after an initial post-earnings surge faded, as broader tech-driven market weakness weighed on the stock despite a wave of bullish analyst upgrades. The asset manager reported blowout Q2 results — EPS of $13.91 vs. $12.57 expected, revenue up 31% YoY to $7.08B, and record AUM of $15.3 trillion — sparking a ~6% jump on July 15. On July 16, JPMorgan upgraded BLK to Overweight with a $1,364 target, while Morgan Stanley, UBS, Barclays, and B of A all raised price targets (up to $1,488), citing durable margin expansion, record private markets inflows, and long-term tokenization and retirement channel opportunities.

-0.5808

July 16, 2026BlackRock surged after delivering a blowout Q2 2026 earnings report, with adjusted EPS of $13.91 crushing the $12.60 consensus estimate and revenue of $7.08 billion beating expectations by nearly $400 million — a 31% year-over-year jump. Total assets under management hit a record $15.34 trillion, up 22% annually, while iShares surpassed $6 trillion in AUM and net inflows reached a record $321 billion in the first half of 2026. CEO Laurence Fink declared client demand has "never been greater," and the firm raised its quarterly share repurchase authorization from $450 million to $550 million. Analysts responded with upward price target revisions from Barclays ($1,450), Goldman Sachs ($1,353), and others, even as crypto-related AUM fell 39% — the one soft spot in an otherwise record quarter. BlackRock also participated in DTCC's landmark live blockchain tokenization event alongside Goldman, JPMorgan, and Vanguard, reinforcing its digital asset ambitions.

6.6274

July 15, 2026BlackRock edged lower as investors weighed a Morgan Stanley price target trim to $1,383 (from $1,430, Overweight maintained) ahead of the company's upcoming Q2 earnings report, even as Wall Street broadly remains bullish with a consensus 'Moderate Buy' and average target near $1,261. The pullback came alongside a mixed session for financial stocks — with the XLF sector ETF closing modestly lower — as strong Q2 bank earnings from JPMorgan, Goldman Sachs, and Citigroup were offset by macro uncertainty around Iran tensions, sticky inflation, and a hawkish Fed backdrop. Investors are closely watching BlackRock's pending results for evidence of continued ETF inflow momentum and AUM growth, following its Q1 beat of $12.53 EPS on 27% year-over-year revenue growth.

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July 14, 2026BlackRock closed modestly lower as broader market sentiment soured on renewed U.S.-Iran military exchanges that sent oil prices surging over 4% and weighed on equity markets broadly. Investors are also positioning ahead of BlackRock's upcoming Q2 earnings report, with analysts broadly bullish — Barclays holds an overweight rating with a $1,340 target and BNP Paribas Exane raised its target to $1,350 — citing expected benefits from ETF inflows, AUM growth, and the firm's expanding tokenized asset franchise, including its BUIDL fund crossing $2B in AUM.

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July 11, 2026BlackRock closed higher ahead of its Q2 2026 earnings report scheduled for July 15, outperforming the financial sector (XLF) as multiple analysts raised price targets on the day — Keefe Bruyette & Woods lifted its target to $1,275 (Outperform), Barclays raised to $1,340 (Overweight), Evercore ISI nudged to $1,145, and JPMorgan adjusted to $1,165 — reinforcing a bullish consensus mean target of ~$1,265. Investor attention is also centered on the firm's newly launched low-cost iShares Nasdaq 100 ETF (IQQ, 0.10% fee), its BUIDL tokenized treasury fund crossing $500M, and UBS's view that strong ETF demand should support Q2 results.

1.6113

July 10, 2026BlackRock shares rallied nearly 3%, outperforming the broader financial sector (XLF), ahead of its Q2 earnings report due July 15. Investor optimism was fueled by a UBS Buy reiteration citing attractive valuation and strong ETF demand tailwinds, alongside Barclays raising its price target to $1,340 and Deutsche Bank adjusting its target. The launch of the low-cost iShares Nasdaq 100 ETF (IQQ) at a 0.10% fee added to the constructive narrative, with BlackRock expanding its product lineup in high-demand areas. Shares gave back a fraction of gains in after-hours trade amid broader macro uncertainty tied to renewed U.S.-Iran tensions and rising oil prices.

2.9626

July 9, 2026BlackRock closed nearly 2% lower, pressured by a broad market risk-off selloff after President Trump declared the U.S.-Iran ceasefire 'over,' sending oil prices surging over 5% and stoking inflation fears ahead of Fed minutes. Despite the macro headwinds, company-specific catalysts remain constructive: BlackRock announced the launch of the low-cost iShares Nasdaq 100 ETF (IQQ) at a 0.10% fee, expanded its Aladdin private markets benchmarking platform, and UBS reiterated a Buy rating with a $1,270 target, projecting strong Q2 results driven by ETF demand ahead of the July 15 earnings report.

-1.8912

Bloomberg.com · July 17, 2026Abu Dhabi’s ADIC Hires BlackRock Veteran to Lead Real AssetsCNBC · July 16, 2026BlackRock posted blowout earnings. JPMorgan says the asset management giant is a buyCCN.com · July 16, 2026Bitcoin Price to $500K or $1M? Larry Fink Says ‘Very Bullish’ as BlackRock Clients Buy $139M BTCBarron's · July 15, 2026BlackRock Stock Rises After Earnings Beat. What Larry Fink Is Saying About Growth.Seeking Alpha · July 15, 2026BlackRock’s Larry Fink is ‘very bullish’ on the markets over the next 12 monthsWSJ · July 15, 2026BlackRock Shares Rally After Assets Soar Past $15 TrillionCNBC · July 15, 2026BlackRock CEO Larry Fink: I'm very bullish on the markets over the next 12 monthsWSJ · July 15, 2026Exclusive | JPMorgan, BlackRock and Goldman to Tokenize Stocks, Treasurys
Benzinga · July 17, 2026BMO Capital Maintains Outperform on BlackRock, Raises Price Target to $1300
Mt Newswire · July 17, 2026BMO Capital Adjusts Price Target on BlackRock to $1,300 From $1,250, Maintains Outperform Rating
Benzinga · July 16, 2026BlackRock's Multiple Growth Engines Keep Wall Street Firmly Bullish
Mt Newswire · July 16, 2026BlackRock's Private Markets Push Drives Structural Margin Gains, UBS says
Benzinga · July 16, 2026UBS Maintains Buy on BlackRock, Raises Price Target to $1320
Mt Newswire · July 16, 2026BlackRock Sees Path to Further Operating Margin Expansion on Revenue Growth, Higher Fee Rates, Automation, Morgan Stanley Says
Mt Newswire · July 16, 2026BNP Paribas Adjusts Price Target on BlackRock to $1,370 From $1,350, Maintains Outperform Rating
Mt Newswire · July 16, 2026BofA Securities Raises Price Target on BlackRock to $1,320 From $1,298, Maintains Buy Rating

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