BlackRock (NYSE:BLK) Price Target Cut to $1,150.00 by Analysts at Keefe, Bruyette & Woods

Key Points

• Keefe, Bruyette & Woods cut its price target on BlackRock to $1,150 (from $1,340) but maintained an "outperform" rating, implying roughly a 20.23% upside from the current price.
• Analyst views are mixed but positive overall: BlackRock has a consensus rating of "Moderate Buy" with an average target of $1,269.11, while individual targets range from Goldman Sachs' $1,181 to Bank of America's $1,464.
• Fundamentals remain solid after a quarterly beat — EPS $13.16 vs. $12.55 expected and revenue $7.01 billion (up 23.4% year-over-year) — with shares trading near $956 and a 52-week range of $799.15–$1,219.94.

BlackRock (NYSE:BLK - Get Free Report) had its target price decreased by equities research analysts at Keefe, Bruyette & Woods from $1,340.00 to $1,150.00 in a research report issued on Wednesday,MarketScreener reports. The firm currently has an "outperform" rating on the asset manager's stock. Keefe, Bruyette & Woods' target price indicates a potential upside of 20.23% from the company's current price.

Several other research firms also recently weighed in on BLK. Wall Street Zen upgraded BlackRock from a "sell" rating to a "hold" rating in a research note on Saturday, January 17th. BNP Paribas Exane boosted their price target on shares of BlackRock from $1,290.00 to $1,300.00 and gave the stock an "outperform" rating in a research note on Thursday, January 15th. Freedom Capital upgraded BlackRock from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 23rd. The Goldman Sachs Group reduced their target price on BlackRock from $1,341.00 to $1,181.00 and set a "buy" rating on the stock in a report on Monday. Finally, Bank of America increased their price target on BlackRock from $1,456.00 to $1,464.00 in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, BlackRock currently has a consensus rating of "Moderate Buy" and an average target price of $1,269.11.

BlackRock Stock Performance

Shares of BLK opened at $956.52 on Wednesday. BlackRock has a 52 week low of $799.15 and a 52 week high of $1,219.94. The stock has a market cap of $148.78 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 1.24 and a beta of 1.48. The business has a 50-day simple moving average of $1,023.24 and a two-hundred day simple moving average of $1,073.39. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37.

BlackRock (NYSE:BLK - Get Free Report) last issued its quarterly earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, beating the consensus estimate of $12.55 by $0.61. The business had revenue of $7.01 billion for the quarter, compared to the consensus estimate of $6.80 billion. BlackRock had a net margin of 22.93% and a return on equity of 14.78%. The company's revenue for the quarter was up 23.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $11.93 earnings per share. On average, analysts expect that BlackRock will post 47.41 EPS for the current year.

Insider Buying and Selling at BlackRock

In related news, COO Robert L. Goldstein sold 5,293 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $1,084.22, for a total value of $5,738,776.46. Following the completion of the transaction, the chief operating officer owned 46,185 shares of the company's stock, valued at approximately $50,074,700.70. This trade represents a 10.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen Cohen sold 225 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $1,069.56, for a total value of $240,651.00. Following the sale, the director directly owned 5,661 shares in the company, valued at $6,054,779.16. The trade was a 3.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 111,319 shares of company stock valued at $123,999,249 over the last quarter. 1.98% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of BlackRock by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager's stock worth $15,051,846,000 after purchasing an additional 221,123 shares during the period. State Street Corp raised its position in BlackRock by 0.5% in the 4th quarter. State Street Corp now owns 6,264,545 shares of the asset manager's stock worth $6,705,193,000 after purchasing an additional 33,752 shares during the period. Corient Private Wealth LLC lifted its stake in BlackRock by 5,190.3% in the fourth quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager's stock worth $5,876,618,000 after purchasing an additional 5,386,640 shares during the last quarter. Bank of America Corp DE boosted its position in shares of BlackRock by 3.0% during the fourth quarter. Bank of America Corp DE now owns 5,197,904 shares of the asset manager's stock valued at $5,563,524,000 after buying an additional 149,902 shares during the period. Finally, Capital Research Global Investors grew its stake in shares of BlackRock by 0.3% during the fourth quarter. Capital Research Global Investors now owns 3,838,937 shares of the asset manager's stock valued at $4,108,968,000 after buying an additional 12,019 shares during the last quarter. Institutional investors own 80.69% of the company's stock.

Trending Headlines about BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Analysts revised forecasts ahead of BlackRock’s Q1 report, with some expecting higher earnings, which could support near-term results. BlackRock Likely To Report Higher Q1 Earnings
• Positive Sentiment: BlackRock filed to launch an iShares Nasdaq‑100 ETF (ticker IQQ), a direct challenge to Invesco’s QQQ that could capture fee‑sensitive flows and expand AUM if priced aggressively. BlackRock files for Nasdaq-100 fund
• Positive Sentiment: Spot crypto ETFs continue to generate sizable inflows (BlackRock-led buys in recent Bitcoin ETF surge), supporting fee income and demonstrating product demand. Bitcoin ETFs See Strongest Single-Day Inflow
• Neutral Sentiment: Barclays trimmed its price target (to $1,290) but kept an Overweight rating — signaling confidence in the franchise while moderating upside. Wall Street sets BlackRock stock price target
• Neutral Sentiment: BlackRock’s Global Infrastructure Partners (GIP) is among bidders for Associated British Ports — a potential deal avenue for GIP but not an immediate earnings driver for BlackRock the public company. Top UK Port Operator’s £10 Billion Sale Draws KKR, GIP, DP World
• Negative Sentiment: BlackRock reported >$20B of on‑chain crypto portfolio value decline in Q1 as falling prices offset Bitcoin accumulation and Ethereum outflows — a headline that highlights volatile crypto exposures and pressure on crypto-related AUM. BlackRock sees over $20 billion in cryptocurrency outflows in Q1 2026
• Negative Sentiment: BlackRock’s India ETF has seen heavy outflows amid geopolitical/energy concerns, demonstrating regional flow risks that can dent fee growth in specific product lines. Billions Flow Out of BlackRock’s India ETF
• Negative Sentiment: An investor‑class action inquiry was announced by Pomerantz LLP, which can create legal distraction and potential costs if pursued — a reputational and risk consideration for shareholders. Pomerantz Investigates Claims on Behalf of Investors
• Negative Sentiment: Goldman Sachs cut its price target to $1,181 (maintaining a Buy) — another analyst trim that reduces consensus upside and may weigh on sentiment. Goldman Sachs Lowers BlackRock Price Target

About BlackRock

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.

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