BlackRock (BLK) Set to Release Quarterly Earnings on Wednesday

Key Points

• BlackRock is expected to report Q3 2026 results before market open on October 14. Analysts forecast earnings of $14.36 per share on $7.45 billion in revenue; the company previously beat estimates with $13.91 EPS and $7.08 billion in revenue.
• Analyst sentiment remains broadly positive. BlackRock has a “Moderate Buy” consensus rating and a $1,308.53 average price target, while JPMorgan recently raised its target to $1,435.
• Growth initiatives are expanding beyond traditional asset management. The company is pursuing a U.S. fiber-infrastructure joint venture with AT&T and CPP Investments, while strong demand for its Bitcoin ETF could support additional fee growth; BlackRock also maintains a quarterly dividend yielding about 2.1%.

BlackRock (NYSE:BLK - Get Free Report) is projected to release its Q3 2026 results before the market opens on Wednesday, October 14th. Analysts expect the company to announce earnings of $14.36 per share and revenue of $7.4497 billion for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earning report page for the latest details on the call scheduled for Wednesday, October 14, 2026 at 7:30 AM ET.

BlackRock (NYSE:BLK - Get Free Report) last posted its quarterly earnings data on Wednesday, July 15th. The asset manager reported $13.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.69 by $1.22. BlackRock had a net margin of 24.09% and a return on equity of 14.90%. The firm had revenue of $7.08 billion for the quarter, compared to the consensus estimate of $6.73 billion. During the same quarter in the prior year, the company posted $12.05 earnings per share. The company's revenue for the quarter was up 30.6% compared to the same quarter last year. On average, analysts expect BlackRock to post $56 EPS for the current fiscal year and $65 EPS for the next fiscal year.

BlackRock Stock Performance

Shares of NYSE BLK opened at $1,080.26 on Wednesday. The company has a 50 day simple moving average of $1,110.93 and a two-hundred day simple moving average of $1,056.68. The stock has a market cap of $167.30 billion, a price-to-earnings ratio of 25.82, a PEG ratio of 1.18 and a beta of 1.41. The company has a current ratio of 3.59, a quick ratio of 3.59 and a debt-to-equity ratio of 0.33. BlackRock has a 12 month low of $917.39 and a 12 month high of $1,219.94.

BlackRock Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Tuesday, September 8th were issued a dividend of $5.73 per share. The ex-dividend date of this dividend was Tuesday, September 8th. This represents a $22.92 dividend on an annualized basis and a yield of 2.1%. BlackRock's dividend payout ratio is 54.78%.

Key Stories Impacting BlackRock

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: JPMorgan raised its price target for BlackRock (BLK) from $1,364 to $1,435 and maintained an “overweight” rating, implying substantial upside from the recent trading level. BlackRock Stock Price Target Raised at JPMorgan Chase & Co.
• Positive Sentiment: BlackRock is partnering with AT&T and CPP Investments on a U.S. fiber-infrastructure joint venture. The deal could expand BlackRock’s exposure to long-duration private-market and infrastructure assets, supporting fee growth and diversification. AT&T Partners With BlackRock and CPP Investments on U.S. Fiber Joint Venture
• Positive Sentiment: BlackRock executive Jay Jacobs said investor demand for the iShares Bitcoin Trust ETF (IBIT) has opened “floodgates.” Continued digital-asset ETF adoption could generate additional management fees and strengthen BlackRock’s position in the expanding ETF market. Investor Floodgates Opened for IBIT ETF
• Positive Sentiment: Reports that BlackRock may participate in a potential investment in OpenAI suggest continued expansion into high-growth private markets, although the discussions remain unconfirmed. OpenAI Seeks Investment From UAE Funds and BlackRock
• Neutral Sentiment: BlackRock’s semiconductor ETF reportedly outperformed a major rival over the past year, highlighting strong product performance but not necessarily affecting BLK’s near-term earnings. BlackRock’s Chip Fund Outperformed SMH
• Neutral Sentiment: Recent disclosures show BlackRock’s holdings in Qiagen and Rentokil Initial increased, while its OMV stake moved around the 5% reporting threshold. These appear to be portfolio-positioning disclosures rather than direct operating catalysts. BlackRock Reports Stake in Qiagen
• Negative Sentiment: BlackRock reportedly has no current plans to launch an XRP ETF. This limits a potential source of crypto-related fee revenue, although the impact on BLK is likely modest because the company already offers Bitcoin and Ethereum ETFs. BlackRock Has No Plans for an XRP ETF

Analyst Ratings Changes

A number of equities analysts have issued reports on BLK shares. Bank of America increased their price target on BlackRock from $1,298.00 to $1,320.00 and gave the stock a "buy" rating in a research report on Thursday, July 16th. BMO Capital Markets upped their target price on BlackRock from $1,250.00 to $1,300.00 and gave the stock an "outperform" rating in a research note on Friday, July 17th. JPMorgan Chase & Co. increased their target price on BlackRock from $1,364.00 to $1,435.00 and gave the company an "overweight" rating in a research report on Tuesday. Weiss Ratings cut shares of BlackRock from a "buy (b)" rating to a "buy (b-)" rating in a research note on Tuesday, August 11th. Finally, Keefe, Bruyette & Woods cut shares of BlackRock from a "moderate buy" rating to a "hold" rating in a research report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, BlackRock presently has a consensus rating of "Moderate Buy" and an average target price of $1,308.53.

BlackRock Company Profile

BlackRock, Inc is a global investment management and financial technology company serving individual investors, institutions, governments and financial professionals. The company provides investment management, risk management and advisory services across a broad range of asset classes, including equities, fixed income, multi-asset strategies, alternatives and cash management.

BlackRock offers investment products through mutual funds, exchange-traded funds and other vehicles. Its iShares brand is one of the company's principal platforms for exchange-traded funds, providing access to domestic and international markets, industry sectors, bonds, commodities and specialized investment strategies.

The company also provides technology and analytical solutions through its Aladdin platform, which is used by asset managers, institutional investors and other financial organizations for portfolio management, risk analysis, trading and operational support.

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