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BlackRock (BLK) Stock Forecast & Price Target

$830.59
+1.59 (+0.19%)
(As of 07/19/2024 ET)

BlackRock - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for BlackRock in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 2 have given a hold rating, and 10 have given a buy rating for BLK.

Consensus Price Target

$872.29
5.02% Upside
High Forecast$1,013.00
Average Forecast$872.29
Low Forecast$720.00

According to the 12 analysts' twelve-month price targets for BlackRock, the average price target is $872.29. The highest price target for BLK is $1,013.00, while the lowest price target for BLK is $720.00. The average price target represents a forecasted upside of 5.02% from the current price of $830.59.

TypeCurrent Forecast
7/20/23 to 7/19/24
1 Month Ago
6/20/23 to 6/19/24
3 Months Ago
4/21/23 to 4/20/24
1 Year Ago
7/20/22 to 7/20/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$872.29$845.42$845.42$767.69
Forecasted Upside5.02% Upside14.68% Upside14.68% Upside11.08% Upside
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BLK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BLK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BlackRock Stock vs. The Competition

TypeBlackRockFinance CompaniesS&P 500
Consensus Rating Score
2.83
2.45
2.51
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside5.51% Upside37.41% Upside10.07% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/16/2024Deutsche Bank Aktiengesellschaft
2 of 5 stars
 Lower TargetBuy ➝ Buy$924.00 ➝ $912.00+9.41%
7/16/2024Citigroup
3 of 5 stars
 Boost TargetBuy ➝ Buy$920.00 ➝ $930.00+11.57%
7/16/2024Argus
2 of 5 stars
 Boost TargetBuy ➝ Buy$880.00 ➝ $910.00+9.31%
7/16/2024Evercore ISI
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 Boost TargetOutperform ➝ Outperform$910.00 ➝ $920.00+10.52%
7/16/2024Keefe, Bruyette & Woods
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 Boost TargetOutperform ➝ Outperform$915.00 ➝ $934.00+13.49%
7/11/2024Morgan Stanley
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 Lower TargetOverweight ➝ Overweight$1,025.00 ➝ $1,013.00+23.37%
7/10/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$842.00 ➝ $837.00+3.80%
7/8/2024TD Cowen
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 Lower TargetBuy ➝ Buy$974.00 ➝ $969.00+22.91%
4/2/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$742.00 ➝ $767.00-5.95%
12/12/2023BNP Paribas
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 UpgradeNeutral ➝ Outperform$885.00+17.63%
11/30/2023The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$719.00 ➝ $793.00+5.75%
10/10/2023Jefferies Financial Group
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 Lower Target$781.00 ➝ $754.00+17.23%
10/4/2023Bank of America
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 Lower Target$921.00 ➝ $868.00+38.78%
10/4/2023Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$820.00 ➝ $720.00+15.11%
4/17/2023Credit Suisse Group
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 Boost TargetNeutral$662.00 ➝ $673.00-3.35%
4/17/2023BMO Capital Markets
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 Lower TargetMarket Perform$583.00 ➝ $542.00-21.60%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 09:33 PM ET.

BLK Forecast - Frequently Asked Questions

What is BlackRock's forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for BlackRock is $872.29, with a high forecast of $1,013.00 and a low forecast of $720.00.

Should I buy or sell BlackRock stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BlackRock in the last year. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BLK shares.

Does BlackRock's stock price have much upside?

According to analysts, BlackRock's stock has a predicted upside of 11.74% based on their 12-month stock forecasts.

What analysts cover BlackRock?

BlackRock has been rated by research analysts at Argus, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, Keefe, Bruyette & Woods, Morgan Stanley, TD Cowen, and UBS Group in the past 90 days.

Do Wall Street analysts like BlackRock more than its competitors?

Analysts like BlackRock more than other "finance" companies. The consensus rating for BlackRock is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BLK compares to other companies.


This page (NYSE:BLK) was last updated on 7/19/2024 by MarketBeat.com Staff

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