Analyst Consensus ?
ConsensusBuy33 ratings
Bullish2678.8%
Neutral721.2%
Bearish00.0%
BlackRock, Inc. · BLK · FY2024 Q4 · Calendar Q1 2025
BlackRock: record 2024, with private markets and technology expanding
The supplied analysis supports a constructive but conditional view of BlackRock’s growth trajectory: record inflows, ETF demand, Aladdin expansion and private-markets additions provide support, while integration, expense, market and regulatory risks argue for monitoring execution.
Reported Before market openNYSEFinancial Services
$165.79B market cap
80quality score
Earnings scorecard
Reported versus consensus
Reported EPS
—
Consensus $11.42
EPS surprise
—
Reported versus consensus
Reported revenue
—
Consensus $5.63B
Revenue surprise
—
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
+5.2%
Event window
SPY move
+1.8%
Same window
Abnormal move
+3.4%
Stock minus SPY
Volume
1.5×
Versus trailing sessions
Subsequent drift
-3.2%
Up to 20 sessions
BLKSPY benchmark
Ask FN2 about BLK FY2024 Q4
Transcript, numbers and history already loaded
What drove BLK's +5.2% move after FY2024 Q4 earnings?What changed in BLK's guidance and outlook in FY2024 Q4?Give me the bull and bear case for BLK after FY2024 Q4 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Relative to the prior-quarter analysis, the company’s growth narrative broadened from GIP and the pending Preqin transaction to a larger private-markets and technology platform that also includes planned HPS. The supplied analysis also identifies record 2024 inflows, continued ETF strength, and new global and digital-wealth initiatives.
Guidance delta
Maintained. Management’s guidance sentiment was recorded as maintained; the supplied analysis does not identify a quantified guidance change.
Key takeaways
- Management described record 2024 revenue, operating income and AUM, supported by strong net inflows and ETF demand.
- Organic base-fee growth reached 7% in Q4, while Aladdin and the expanding private-markets platform remained central growth drivers.
- GIP integration is underway, while HPS and Preqin were described as planned additions that could expand private-markets and technology revenue.
- The main watchpoints are acquisition integration, expense growth, market sensitivity of fee revenue and regulatory limits on retirement-plan alternatives.
Management priorities
- Integrate GIP and complete the planned HPS and Preqin transactions.
- Expand Aladdin and eFront data capabilities, including private-market data from Preqin.
- Develop retirement, private-market, digital-asset and global partnership offerings.
- Maintain dividend and share-repurchase plans alongside continued product expansion.
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Miss
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Analyst 52W Price Targets
$1,086.3Current
$729Low
$1,159.59Average
$1,488High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 9, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Wells Fargo | Overweight | Overweight | Maintain | Oct 8, 2026 |
| UBS | Buy | Buy | Maintain | Oct 7, 2026 |
| Barclays | Overweight | Overweight | Maintain | Oct 7, 2026 |
| JP Morgan | Overweight | Overweight | Maintain | Oct 6, 2026 |
| Morgan Stanley | Overweight | Overweight | Maintain | Sep 25, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | Sep 9, 2026 |
| BMO Capital | Outperform | Outperform | Maintain | Jul 17, 2026 |
| Keefe, Bruyette & Woods | Outperform | Outperform | Maintain | Jul 16, 2026 |
| B of A Securities | Buy | Buy | Maintain | Jul 16, 2026 |
| Goldman Sachs | Buy | Buy | Maintain | Apr 15, 2026 |
| Freedom Broker | Buy | Hold | Upgrade | Jan 23, 2026 |
| TD Cowen | Hold | Buy | Downgrade | Jan 14, 2026 |
| Citigroup | Buy | Buy | Maintain | Sep 29, 2025 |
| Argus Research | Buy | Buy | Maintain | Jun 17, 2025 |
| Deutsche Bank | Buy | Buy | Maintain | Jan 16, 2025 |
| Exane BNP Paribas | Outperform | Neutral | Upgrade | Dec 12, 2023 |
| Credit Suisse | Neutral | Neutral | Maintain | Apr 17, 2023 |
| Jefferies | Buy | Buy | Maintain | Aug 31, 2021 |
| Argus | Buy | Buy | Maintain | Oct 17, 2018 |
| Keefe Bruyette & Woods | Outperform | Market Perform | Upgrade | Jul 13, 2018 |
| Susquehanna | Neutral | Neutral | Maintain | Sep 3, 2015 |
| PiperJaffray | Neutral | Neutral | Maintain | Jun 3, 2015 |
| Bernstein | Outperform | Market Perform | Upgrade | Nov 21, 2014 |
| Bank of America | Buy | Buy | Maintain | Oct 14, 2014 |
| Evercore Partners | Overweight | Overweight | Maintain | Jul 10, 2013 |
| Stifel Nicolaus | Buy | Buy | Maintain | Jun 20, 2013 |
| Stifel | Buy | Buy | Maintain | Jun 20, 2013 |
| Macquarie | Outperform | Neutral | Upgrade | May 21, 2013 |
| Gabelli & Co. | Hold | Buy | Downgrade | May 16, 2013 |
| Nomura | Buy | Buy | Maintain | Mar 25, 2013 |
| Standpoint Research | Hold | Buy | Downgrade | Dec 20, 2012 |
| Sterne Agee | Neutral | Neutral | Maintain | Oct 17, 2012 |
| RBC Capital | Outperform | Outperform | Maintain | Jul 25, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $1,086.3. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Wells Fargo | Daniel Welden | $1,230 | $1,069.63 | +13.2% | Oct 8, 2026 |
| UBS | Analyst unavailable | $1,277 | $1,059.72 | +17.6% | Oct 7, 2026 |
| Barclays | Benjamin Budish | $1,420 | $1,079.42 | +30.7% | Oct 7, 2026 |
| Wells Fargo | Analyst unavailable | $1,245 | $1,064.36 | +14.6% | Oct 1, 2026 |
| Morgan Stanley | Analyst unavailable | $1,479 | $1,073.45 | +36.2% | Sep 25, 2026 |
| Evercore ISI | Glenn Schorr | $1,260 | $1,132.32 | +16.0% | Aug 10, 2026 |
| Deutsche Bank | Analyst unavailable | $1,258 | $1,105.42 | +15.8% | Jul 16, 2026 |
| UBS | Michael Brown | $1,320 | $1,109.1 | +21.5% | Jul 16, 2026 |
| Goldman Sachs | Analyst unavailable | $1,389 | $1,104 | +27.9% | Jul 16, 2026 |
| Morgan Stanley | Michael Cyprys | $1,488 | $1,093.4 | +37.0% | Jul 16, 2026 |
| Barclays | Analyst unavailable | $1,450 | $1,093.4 | +33.5% | Jul 15, 2026 |
| Morgan Stanley | Michael Cyprys | $1,383 | $1,033.98 | +27.3% | Jul 14, 2026 |
| Evercore ISI | Analyst unavailable | $1,145 | $1,040.29 | +5.4% | Jul 10, 2026 |
| Morgan Stanley | Michael Cyprys | $1,430 | $974.18 | +31.6% | Jun 26, 2026 |
| Evercore ISI | Analyst unavailable | $1,140 | $998.24 | +4.9% | Jun 8, 2026 |
| Evercore ISI | Analyst unavailable | $1,220 | $1,054.56 | +12.3% | Apr 15, 2026 |
| Morgan Stanley | Analyst unavailable | $1,393 | $1,054.56 | +28.2% | Apr 15, 2026 |
| BMO Capital | Analyst unavailable | $1,200 | $992.81 | +10.5% | Apr 10, 2026 |
| UBS | Analyst unavailable | $1,235 | $1,001.62 | +13.7% | Apr 9, 2026 |
| BlackRock | Mikhail Paramonov | $1,364 | $1,129.91 | +25.6% | Jan 23, 2026 |
| Deutsche Bank | Analyst unavailable | $1,380 | $1,175.97 | +27.0% | Jan 16, 2026 |
| UBS | Michael Brown | $1,280 | $1,156.65 | +17.8% | Jan 16, 2026 |
| Barclays | Analyst unavailable | $1,350 | $1,156.65 | +24.3% | Jan 16, 2026 |
| Jefferies | Daniel Fannon | $1,351 | $1,156.65 | +24.4% | Jan 16, 2026 |
| BlackRock | Analyst unavailable | $1,209 | $1,089.54 | +11.3% | Jan 14, 2026 |
| UBS | Analyst unavailable | $1,218 | $1,085.9 | +12.1% | Jan 12, 2026 |
| Barclays | Analyst unavailable | $1,300 | $1,075.09 | +19.7% | Jan 8, 2026 |
| Morgan Stanley | Analyst unavailable | $1,514 | $1,081.3 | +39.4% | Dec 17, 2025 |
| Barclays | Analyst unavailable | $1,340 | $1,101.9 | +23.4% | Dec 12, 2025 |
| UBS | Michael Brown | $1,180 | $1,083.36 | +8.6% | Dec 11, 2025 |
| Goldman Sachs | Alexander Blostein | $1,313 | $1,070.94 | +20.9% | Dec 9, 2025 |
| Loop Capital Markets | Mikhail Paramonov | $1,255 | $1,130 | +15.5% | Oct 21, 2025 |
| Deutsche Bank | Analyst unavailable | $1,312 | $1,192.19 | +20.8% | Oct 15, 2025 |
| Argus Research | Stephen Biggar | $1,330 | $1,187.53 | +22.4% | Oct 15, 2025 |
| Morgan Stanley | Analyst unavailable | $1,486 | $1,201.66 | +36.8% | Oct 15, 2025 |
| Barclays | Benjamin Budish | $1,360 | $1,194.26 | +25.2% | Oct 15, 2025 |
| Deutsche Bank | Analyst unavailable | $1,320 | $1,194.26 | +21.5% | Oct 15, 2025 |
| Barclays | Analyst unavailable | $1,310 | $1,166.23 | +20.6% | Oct 8, 2025 |
| Morgan Stanley | Michael Cyprys | $1,362 | $1,172.95 | +25.4% | Oct 6, 2025 |
| Evercore ISI | Analyst unavailable | $1,200 | $1,099.15 | +10.5% | Sep 5, 2025 |
| Morgan Stanley | Mike Cyprys | $1,164 | $1,077.1 | +7.2% | Jul 8, 2025 |
| Wells Fargo | Michael Brown | $1,175 | $1,013.18 | +8.2% | Jan 16, 2025 |
| Barclays | Benjamin Budish | $1,160 | $980.76 | +6.8% | Jan 13, 2025 |
| Wells Fargo | Michael Brown | $1,155 | $980.76 | +6.3% | Jan 7, 2025 |
| Evercore ISI | Glenn Schorr | $1,180 | $1,022.18 | +8.6% | Dec 3, 2024 |
| Citigroup | Chris Allen | $1,150 | $990.26 | +5.9% | Oct 14, 2024 |
| Morgan Stanley | Michael Cyprys | $1,245 | $990.26 | +14.6% | Oct 14, 2024 |
| Deutsche Bank | Brian Bedell | $1,105 | $990.26 | +1.7% | Oct 14, 2024 |
| Evercore ISI | Glenn Schorr | $1,040 | $990.26 | -4.3% | Oct 14, 2024 |
| Barclays | Benjamin Budish | $1,120 | $990.26 | +3.1% | Oct 14, 2024 |
| Wells Fargo | Michael Brown | $1,090 | $990.26 | +0.3% | Oct 13, 2024 |
| Goldman Sachs | Alexander Blostein | $1,118 | $990.26 | +2.9% | Oct 11, 2024 |
| Evercore ISI | Glenn Schorr | $995 | $986.48 | -8.4% | Oct 11, 2024 |
| BlackRock | Aidan Hall | $934 | $834.62 | -14.0% | Jul 16, 2024 |
| BlackRock | Aidan Hall | $915 | $833.73 | -15.8% | Jul 12, 2024 |
| Evercore ISI | Glenn Schorr | $900 | $785.96 | -17.1% | Apr 12, 2024 |
| Goldman Sachs | Alexander Blostein | $913 | $785.96 | -16.0% | Apr 12, 2024 |
| Deutsche Bank | Brian Bedell | $936 | $792.09 | -13.8% | Apr 5, 2024 |
| BlackRock | Bradley Hays | $938 | $791.38 | -13.7% | Jan 16, 2024 |
| Morgan Stanley | Mike Cyprys | $888 | $738.93 | -18.3% | Jul 18, 2023 |
| BlackRock | Michael Brown | $835 | $694.54 | -23.1% | Jul 10, 2023 |
| Credit Suisse | Bill Katz | $920 | $697.44 | -15.3% | Apr 17, 2023 |
| Morgan Stanley | Analyst unavailable | $754 | $560 | -30.6% | Oct 3, 2022 |
| Deutsche Bank | Analyst unavailable | $860 | $748.14 | -20.8% | Aug 12, 2022 |
| Morgan Stanley | Analyst unavailable | $773 | $622.94 | -28.8% | Jul 27, 2022 |
| J.P. Morgan | Analyst unavailable | $729 | $623.7 | -32.9% | Jul 8, 2022 |
| Morgan Stanley | Analyst unavailable | $801 | $600.68 | -26.3% | Jun 30, 2022 |
| Goldman Sachs | Analyst unavailable | $710 | $617.96 | -34.6% | Jun 29, 2022 |
| Deutsche Bank | Brian Bedell | $747 | $600.44 | -31.2% | May 22, 2022 |
| Citigroup | William Katz | $900 | $716.83 | -17.1% | Apr 12, 2022 |
| Deutsche Bank | Brian Bedell | $950 | $728.38 | -12.5% | Apr 11, 2022 |
| J.P. Morgan | Ken Worthington | $912 | $728.38 | -16.0% | Apr 11, 2022 |
| Morgan Stanley | Michael Cyprys | $966 | $728.38 | -11.1% | Apr 11, 2022 |
| UBS | Brennan Hawken | $915 | $745.23 | -15.8% | Apr 6, 2022 |
| Bank of America Securities | Craig Siegenthaler | $991 | $764.43 | -8.8% | Apr 5, 2022 |
| Deutsche Bank | Brian Bedell | $1,024 | $756.02 | -5.7% | Feb 20, 2022 |
| Deutsche Bank | Brian Bedell | $1,123 | $848.6 | +3.4% | Jan 17, 2022 |
| Jefferies | Daniel Fannon | $1,014 | $842.99 | -6.7% | Jan 14, 2022 |
| Citigroup | William Katz | $1,035 | $882.54 | -4.7% | Oct 14, 2021 |
| Argus Research | Stephen Biggar | $975 | $866.38 | -10.2% | Jul 15, 2021 |
| CFRA | Catherine Seifert | $850 | $796.86 | -21.8% | Apr 23, 2021 |
| Barclays | Jeremy Campbell | $925 | $795.18 | -14.8% | Apr 16, 2021 |
Track every rating change on BLK the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationBlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds.…
Historical context
All BLK earningsFinancial Services peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| FDS FactSet Research Systems Inc. | FY2026 Q4 · Calendar Q3 2026 | +3.9% | +3.8% | FactSet reports record FY26 results as AI and MCP adoption accelerate |
| PUK Prudential plc | FY2026 Q2 · Calendar Q3 2026 | -40.9% | -0.5% | Prudential sustains growth and capital returns focus in H1 2026 |
| CM Canadian Imperial Bank of Commerce | FY2026 Q3 · Calendar Q3 2026 | +8.9% | -2.8% | CIBC Q3: Broad growth, resilient credit and expanded AI rollout |
| TD The Toronto-Dominion Bank | FY2026 Q3 · Calendar Q3 2026 | +13.8% | +1.4% | TD emphasizes growth investments alongside disciplined capital management |
Latest beats and misses
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2025-01-03T20:25:53.649892+00:00
- Polygon adjusted daily market bars · 2026-10-09T16:50:43.776024+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-09T16:50:43.773300+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-09. For educational purposes only; not investment advice.