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BlackRock, Inc.

BLK · NYSE

Market closed$1,072.20$-14.85 (-1.37%)After hours $1,079.74 · +0.70%

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 volume732.51K
P/E ratio20.96
Forward P/E—
EPS51.15
Dividend yield+2.04%

Market context

Why it moved

BlackRock shares declined after its Q2 2026 results revealed net profit margin compression despite record AUM of $15.3 trillion, dampening investor enthusiasm and prompting profit-taking following the stock's recent strong run.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026BlackRock shares edged lower, giving back a portion of Tuesday's post-earnings surge, as broader market weakness weighed on financials amid a tech-driven risk-off selloff. The pullback follows blockbuster Q2 results — $13.91 EPS (beating estimates by ~10%), $7.08B in revenue (+31% YoY), and a historic $15.3T in AUM — which had initially propelled shares ~5% higher. Analyst sentiment remains strongly bullish: JPMorgan upgraded BLK to Overweight with a $1,364 target, and BMO Capital raised its target to $1,300, while the consensus sits around $1,322. The broader XLF financial sector also closed lower as Wall Street digested mixed bank earnings and escalating U.S.-Iran tensions.

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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.

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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.

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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.

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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 16, 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

Peers

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