DailyIQ
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Sector:Financial ServicesAll sectors
Last updated 7 minutes ago

BLK·BlackRock, Inc.

$.
+. (+.%)
After Hours
High
$1,048.50
Open
$1,039.47
Market Cap
168.47B
52W High
$1,219.94
Low
$1,024.00
P. Close
$1,035.98
P/E
26.93
52W Low
$917.39
Fwd P/E
16.73
DailyIQ Est.
$1287.62
Technical Score (1D)
55
BUY
News Sentiment
66
BULLISH
GlobalStake chairman Richard Shorten has just slammed BlackRock’s new Bitcoin income ETF as a “level‑2” product, far below the “level‑10” status of native staking platforms, citing its covered‑call strategy as a likely yield drag. This critique arrives just hours before BlackRock’s Q2 earnings, adding a potential downside narrative to the firm’s already bullish fee‑growth outlook. In the meantime, Keefe, Bruyette & Woods has lifted its price target to $1,275 and maintained an Outperform rating, underscoring confidence in the firm’s fee generation and asset‑growth trajectory. Evercore ISI and JPMorgan have also nudged their targets upward, reflecting a consensus that BlackRock’s diversified product mix will continue to support revenue expansion. Analysts project that Q2 earnings will show solid revenue and earnings growth, driven by ETF demand and market gains, with fee income expected to rise in line with AUM expansion. The Bitcoin ETF criticism could weigh on the firm’s crypto‑related fee streams if investors perceive the product as underperforming compared to native staking, potentially dampening inflows. Regulatory scrutiny of crypto‑related ETFs remains a risk, especially if the SEC tightens oversight on covered‑call strategies that mimic staking. Traders should watch the earnings release for guidance on fee trends and AUM trajectory, as well as any commentary on the Bitcoin ETF’s performance and regulatory stance. Additionally, monitoring broader crypto market sentiment and Bitcoin price movements will help gauge demand for BlackRock’s crypto offerings. Finally, macro‑economic data that could influence global asset flows—such as interest‑rate decisions—will be key to interpreting BlackRock’s fee‑growth prospects over the next ten trading days.
Earnings Summary
BlackRock, Inc. (BLK) is a global asset‑management firm that offers a broad array of investment products, including mutual funds, ETFs, and alternative vehicles, and provides risk‑management and advisory services to institutional, intermediary, and individual clients. Operating within the financial services sector, BlackRock’s performance is closely linked to fee‑based revenue and asset‑growth dynamics. In the last two quarters, BlackRock posted a slight decline in earnings per share and revenue: Q4 2025 EPS of $13.16 was lower than $11.55 in Q3 2025, and revenue fell to $7.008 billion from $6.509 billion; Q1 2026 EPS of $12.53 was marginally below $13.16, while revenue slipped to $6.698 billion from $7.008 billion. Nevertheless, the firm beat analyst estimates in all six quarters reported to date, with EPS consistently exceeding consensus and revenue growth accelerating to 16% YoY in 2025. Historically, BlackRock has maintained a strong upward trajectory in both revenue and EPS, with a 11% YoY revenue increase in 2025 and a 12% EPS rise, reflecting robust fee‑growth and asset‑expansion. Recent developments include the launch of the iShares Nasdaq 100 ETF (IQQ), which could capture large‑cap growth flows and intensify competition in the ETF space, and a strategic shift in AI exposure that may influence fee income; Barclays’ upgrade to Overweight and a $1,340 price target underscore confidence in the firm’s fee‑growth prospects. Investors should watch for the performance of the new IQQ launch, any revisions to fee‑growth guidance, and the impact of AI‑related capital expenditures on the firm’s product pipeline, as these factors will shape BlackRock’s earnings trajectory in the coming quarter.

EPS

EstBeatMiss
$9.67$10.66$11.64$12.63$13.62Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$12.59 - -
Q1'26$12.49$12.53+0.3%
Q4'25$12.41$13.16+6.0%
Q3'25$11.34$11.55+1.9%
Q2'25$10.81$12.05+11.5%
Q1'25$10.13$11.30+11.6%

Revenue

EstBeatMiss
$5.0B$5.6B$6.1B$6.7B$7.3BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$6.8B - -
Q1'26$6.7B$6.7B-0.1%
Q4'25$6.8B$7.0B+2.9%
Q3'25 - $6.5B -
Q2'25 - $5.4B -
Q1'25 - $5.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

BLK Stock Snapshot

BLK is currently trading at $1028.92, giving BlackRock, Inc. a market cap of 168.47B and a P/E ratio of 26.9. Today's range spans $1024.00–$1048.50, with shares opening at $1039.47 and moving down $7.06 (0.7%) from the prior close. DailyIQ's technical score sits at 55/100 (HOLD) with a news sentiment reading of 66/100.

Over the past year BLK has traded between $917.39 and $1219.94 - the current price is +12.2% off the 52-week low and -15.7% from the high. 25 analysts cover the stock with a Buy consensus and a mean 12-month target of $1255.00 (range $1105.00–$1430.00), implying upside of +22.0%.

BlackRock, Inc. (BLK) has 168.47B in Financial Services market capitalization and is currently neutral on the technical dashboard: 55/100, HOLD, price $1028.92 (in the lower half of its 52-week range). Sentiment reads bullish at 66/100. (P/E: 26.9) In this tier, quiet accumulation often happens in HOLD phases - active managers who want to build positions without signaling do it here, where the price isn't trending and volume patterns are easier to hide. Annual range: $917.39–$1219.94.

The 52-week range of $917.39–$1219.94 for BLK provides the structural reference that options traders, systematic funds, and discretionary managers all anchor to — and at $1028.92 (in the lower half of its 52-week range), the stock sits in a zone where the next 5–10% move will likely define which crowd was right. A HOLD signal at 55/100 and bullish news backdrop (66/100) don't break the tie yet, but they narrow the probability distribution toward the upside.