BLK
BLK
BlackRock, Inc.
$1,128.68
+0.36% 2026-10-20
FinancialsS&P 500
BLKSPY
1W
+5.9%
1M
+5.5%
3M
+9.3%
6M
+9.4%
YTD
+7.2%
1Y
-0.6%
Live chart
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Grades vs sector
Momentum29th pct in sectorD+
Momentum
29th pct in sector
12-1 return: -0.2%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Growth73rd pct in sectorB+
Growth
73rd pct in sector
Revenue growth (YoY): +19.1%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Value18th pct in sectorD
Value
18th pct in sector
Forward E/P: 5.7% · EBITDA/EV: 6.5%
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
Profitability51st pct in sectorC+
Profitability
51st pct in sector
Profit margin: +24.2% · Return on equity: –
Percentile within its GICS sector across the S&P 1500.
Percentile within its GICS sector across the S&P 1500.
RevisionsNot enough data yet–
Revisions
Not enough data yet
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
30-day change in analysts' current-year EPS estimate; graded across covered stocks.
Our models
Not held by any of our 5 live models right now.
Quality Growth
not ranked (outside this model's universe or screens)
Momentum Top 15rank 324 of 499 · 12-1 momentum % 0.7
Momentum Blendnot in the current book
New Highs Growthnot ranked (outside this model's universe or screens)
Conviction 20not in the current book
News
More newsOpposition to data centers will drive up inflation, says BlackRock’s Larry Fink
MarketWatch · 2h ago
BlackRock CEO Larry Fink Thinks This Midterm Election Issue Could Lead to a Recession
Nasdaq · 3h ago
ETF League Tables: Invesco Inflows Total $4.3B
etf.com · 16h ago
BlackRock Is Building a Bitcoin ETF for Investors Who Can't Stomach the Swings
Nasdaq · 16h ago
Apple downgraded, Akamai upgraded: Wall Street's top analyst calls
The Fly · 23h ago
Key stats
Market cap$183.4B
P/E (trailing)25.7
P/E (forward)17.3
52-week range917.39 – 1,187.17
Revenue growth (YoY, latest qtr)+19.1%
Dividend yield2.04%
Analyst consensusStrong Buy (17)
Mean price target$1,351.00 (+20%)
Valuation and fundamentals
Valuation & fundamentals
Bottom line
Looks expensive
Model read-out from the numbers below, not advice. Score -3 (DCF counts double).
▼DCF (base case)below the price by 59%
▼Forward P/E vs sector17.3x vs median 10.2x
▼Piotroski F-score3/9
▲Net debt / EBITDA0.2x
▲Analyst target+20% (17 analysts)
Discounted cash flow
Bear
$291
-74%
growth 9% · disc. 12.4% · term. 2.0%
Base
$468
-59%
growth 15% · disc. 11.4% · term. 2.5%
Bull
$691
-39%
growth 19% · disc. 10.4% · term. 3.0%
A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.
Reverse DCFfor context, not a signal
A normal DCF guesses future cash flows and works out a price. A reverse DCF runs it backwards: it starts from today's price and asks how fast free cash flow would have to grow to justify it. It tells you what the market is assuming, not whether the stock is cheap or expensive, and it is not a buy or sell signal. Glossary
Not meaningful for asset management & custody banks: for banks, insurers and lenders, cash moving through loans and deposits swamps "free cash flow". Book value and earnings are better guides.
Edit assumptions · recalculates instantly
Your value per share–
Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.42 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.
Multiples vs Financials
P/E (trailing)
pricier
sector median 13.0× · 86th pct
25.7×pricier
Forward P/E
pricier
sector median 10.2× · 89th pct
17.3×pricier
EV / EBITDA
pricier
sector median 10.9× · 83rd pct
17.9×pricier
Price / sales
pricier
sector median 2.8× · 80th pct
6.7×pricier
Price / book
pricier
sector median 1.6× · 78th pct
3.2×pricier
FCF yield
pricier
sector median 8.2% · 9th pct
1.9%pricier
Forward EPS $65.16 vs trailing $43.92 (+48% expected growth). Forward P/E uses analysts' next-12-month estimate.
Quality & financial health
Gross margin
–
Operating margin
32.6%
FCF margin
12.9%
Net margin
24.1%
Return on equity
11.4%
Return on invested capital
11.6%
Net debt / EBITDA
0.2×
Current ratio
–
Interest cover
16.4×
Cash conversion (OCF/NI)
0.6×
Piotroski F-score 3/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✗ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✗ No share dilution✗ Gross margin improved✗ Asset turnover improved
Analysts
Mean target
$1,351
+20%
Analysts
17
Strong Buy
Range
$1,250–$1,531
low – high
● price · ◆ mean target
Annual history
| FY | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $24.2B | $5.6B | $3.6B |
| 2024 | $20.4B | $6.4B | $4.7B |
| 2023 | $17.9B | $5.5B | $3.8B |
| 2022 | $17.9B | $5.2B | $4.4B |
From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +10.7%.
Earnings
Next report: 2027-01-14 · before open · EPS est 15.47
EstimateActual (beat)Actual (miss)
| Report | EPS est | Actual | Surprise |
|---|---|---|---|
| 2026-10-14 | 14.30 | 15.93 | +11.4% |
| 2026-07-15 | 12.69 | 13.91 | +9.6% |
| 2026-04-14 | 11.46 | 12.53 | +9.3% |
| 2026-01-15 | 12.19 | 13.16 | +7.9% |
| 2025-10-14 | 11.29 | 11.55 | +2.3% |
| 2025-07-15 | 10.81 | 12.05 | +11.5% |
| 2025-04-11 | 10.13 | 11.30 | +11.6% |
| 2025-01-15 | 11.22 | 11.93 | +6.4% |
Quarterly revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 2026-06-30 | $7.1B | +30.6% |
| 2026-03-31 | $6.7B | – |
| 2025-12-31 | $7.0B | – |
| 2025-09-30 | $6.5B | – |
| 2025-06-30 | $5.4B | – |
Analyst actions
TD Cowen
PT $1,405
2026-10-20 · up
Hold → BuyPT $1,405
BMO Capital
PT $1,350
2026-10-19 · main
Outperform → OutperformPT $1,350
UBS
PT $1,300
2026-10-15 · main
Buy → BuyPT $1,300
Morgan Stanley
PT $1,531
2026-10-15 · main
Overweight → OverweightPT $1,531
JP Morgan
PT $1,449
2026-10-15 · main
Overweight → OverweightPT $1,449
Barclays
PT $1,410
2026-10-15 · main
Overweight → OverweightPT $1,410
Recent dividends
2026-09-08: $5.730 · 2026-06-05: $5.730 · 2026-03-06: $5.730 · 2025-12-05: $5.210 · 2025-09-05: $5.210 · 2025-06-05: $5.210 · 2025-03-07: $5.210 · 2024-12-05: $5.100
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Stats refreshed 2026-10-20 18:03:06 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now
coteau
Coteau Systematic Strategies publishes stock research and model portfolios. It doesn't manage money or give investment advice. Results are hypothetical unless marked Live. Data: Yahoo Finance (delayed) and SEC EDGAR.