BlackRock (BLK) AI Stock Analysis

• Market Cap: $170.97B
• Dividend Yield: 1.89%
• Average Volume (3M): 647.62K
• Price to Earnings (P/E): 26.7
• Beta (1Y): 1.23
• Revenue Growth: 15.56%
• EPS Growth: 2.86%
• Country: US
• Employees: 22,600
• Sector: Financial
• Sector Strength: 78
• Industry: Asset Management
• EPS (TTM): 12.05
• Shares Outstanding: 154,926,180
• 10 Day Avg. Volume: 760,037
• 30 Day Avg. Volume: 647,620
• PEG Ratio: 45.94
• Price to Book (P/B): 3.39
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 41.00
• Enterprise Value/Market Cap: 0.99
• Enterprise Value/Revenue: 2.08
• Enterprise Value/Gross Profit: 12.97
• Enterprise Value/Ebitda: 5.12
• 1Y Price Target: $1,168.79
• Price Target Upside: 5.91% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 14

• Rating: 82 Outperform
• Price Target: $1,212.00 ▲(9.82%Upside)

BlackRock demonstrates robust financial performance and strong technical indicators. The earnings call highlights significant achievements, despite some headwinds. The high valuation slightly tempers the overall score, but the strategic growth and positive earnings sentiment lead to a strong score.

Positive Factors

Innovation and Retirement Solutions

More than 50% of BlackRock's $12.5 trillion assets under management are related to retirement, with the company being at the forefront of innovation in this space.

Market Expansion

BlackRock is perceived as an attractive opportunity for global capital market expansion, with potential collaborations with governments enhancing growth prospects.

Organic Growth

BlackRock's fundamentals are solid, highlighted by a consistent 6% annualized organic base fee growth, which is expected to be further boosted by contributions from HPS.

Negative Factors

Expense Guidance Concerns

BlackRock shares underperformed due to poorly received expense guidance post-HPS acquisition, contributing to concerns about a slower path to margin expansion.

Margin Pressures

The stock faced downward pressure as investors reacted to commentary on weaker than expected margins following the integration of HPS.

Price Target Reduction

The price target for BlackRock was slightly reduced due to more conservative fee rate and expense assumptions, despite an increase in the 2025 EPS estimate.

BlackRock Business Overview & Revenue Model

Company Description

BlackRock, Inc. (BLK) is a leading global investment management corporation, headquartered in New York City. As one of the largest asset managers in the world, BlackRock provides a wide range of investment and technology services to institutional and retail clients. The company's core offerings include equity, fixed income, cash management, alternative investments, and multi-asset strategies designed to meet the diverse objectives of its clients. Additionally, BlackRock is known for its Aladdin platform, a sophisticated risk management and portfolio management software used by other financial institutions.

How the Company Makes Money

BlackRock primarily generates revenue through investment advisory and administration fees collected from managing assets on behalf of its clients. These fees are generally based on a percentage of assets under management (AUM), which fluctuate with market conditions and client inflows or outflows. BlackRock's revenue streams also include performance fees, which are contingent on achieving specific investment returns, and technology service fees from its Aladdin platform. Furthermore, the company benefits from securities lending activities, where it earns income by lending securities held in client portfolios to borrowers. Significant partnerships with financial institutions and distribution networks expand BlackRock's market reach and contribute to its earnings growth.

BlackRock Financial Statement Overview

Summary

BlackRock shows strong profitability with high profit margins and solid revenue growth. However, the cash flow generation is weaker, with a decline in free cash flow and a moderate cash conversion rate, which slightly tempers the financial performance score.

Income Statement

BlackRock shows a strong income statement with robust gross and net profit margins. The TTM (Trailing-Twelve-Months) gross profit margin is approximately 65.7%, and the net profit margin is around 29.8%, indicating high profitability. Revenue has grown steadily, with a TTM growth rate of 3.55% compared to the previous annual report. EBIT and EBITDA margins remain solid, highlighting operational efficiency.

Balance Sheet

The balance sheet reveals a stable financial position with a debt-to-equity ratio of 0.30, suggesting moderate leverage. The return on equity (ROE) for the TTM is an impressive 13.1%, indicating efficient use of equity. However, the equity ratio is relatively low at 33.8%, suggesting a higher reliance on liabilities.

Cash Flow

Cash flow analysis shows a slight decline in free cash flow, with a decrease of 15.6% from the previous period. The operating cash flow to net income ratio is 0.66, indicating a reasonable conversion of income into cash. However, free cash flow to net income ratio is 0.63, suggesting room for improvement in cash generation.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.41B	17.86B	17.87B	19.37B	16.20B
Gross Profit	10.09B	8.58B	8.79B	9.82B	8.27B
EBITDA	8.21B	7.47B	6.90B	7.90B	6.08B
Net Income	6.37B	5.50B	5.18B	5.90B	4.93B
Balance Sheet
Total Assets	138.62B	123.21B	117.63B	152.65B	176.98B
Cash, Cash Equivalents and Short-Term Investments	14.59B	8.74B	7.42B	9.32B	8.66B
Total Debt	14.22B	9.70B	8.49B	9.32B	8.02B
Total Liabilities	89.26B	81.97B	78.84B	113.75B	139.33B
Stockholders Equity	47.49B	39.35B	37.74B	37.69B	35.28B
Cash Flow
Free Cash Flow	4.70B	3.79B	4.42B	4.60B	3.55B
Operating Cash Flow	4.96B	4.14B	4.96B	4.94B	3.74B
Investing Cash Flow	-3.31B	-933.00M	-1.13B	-1.94B	-254.00M
Financing Cash Flow	2.24B	-1.99B	-5.44B	-2.29B	244.00M

BlackRock Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1103.59
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BLK, the sentiment is Positive. The current price of 1103.59 is above the 20-day moving average (MA) of 1060.65, above the 50-day MA of 1006.70, and above the 200-day MA of 978.73, indicating a bullish trend. The MACD of 28.93 indicates Negative momentum. The RSI at 64.21 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BLK.

BlackRock Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BLK	82 Outperform	$170.97B	26.68	14.37%	1.89%	15.56%	2.86%
BK	78 Outperform	$69.71B	15.10	11.75%	1.90%	7.41%	51.70%
ARES	77 Outperform	$59.80B	105.84	12.97%	2.45%	19.02%	-22.75%
KKR	71 Outperform	$130.02B	63.29	9.03%	0.50%	-27.45%	-46.67%
BX	70 Outperform	$204.70B	51.04	34.07%	2.20%	22.06%	16.57%
STT	68 Neutral	$30.95B	12.16	10.94%	2.80%	13.08%	67.88%
Sector *	64 Neutral	$6.61B	11.16	7.19%	5.24%	24.10%	5.12%

BlackRock Corporate Events

BlackRock Reports Strong Q2 2025 Financial Results

On July 15, 2025, BlackRock reported its financial results for the second quarter of 2025, highlighting a diluted EPS of $10.19, or $12.05 as adjusted. The company experienced significant net inflows, driven by record performance in iShares ETFs and private markets, alongside a 13% increase in revenue year-over-year. BlackRock’s strategic acquisition of HPS Investment Partners added substantial assets under management, further strengthening its market position. The firm continues to innovate by integrating public and private markets and expanding its digital assets offerings, aiming to attract a new generation of global investors.

The most recent analyst rating on (BLK) stock is a Hold with a $774.00 price target. To see the full list of analyst forecasts on BlackRock stock, see the BLK Stock Forecast page.

BlackRock Completes Acquisition of HPS Investment Partners

On July 1, 2025, BlackRock completed its acquisition of HPS Investment Partners, a global credit investment manager, enhancing its capabilities in the private credit market. This strategic move positions BlackRock to better meet client demands by integrating HPS’s expertise into its existing platform, creating Private Financing Solutions (PFS) to offer comprehensive public and private income solutions. The acquisition is expected to strengthen BlackRock’s market position by addressing the evolving needs of clients and borrowers, while maintaining HPS’s branding for its flagship strategies.

The most recent analyst rating on (BLK) stock is a Hold with a $774.00 price target. To see the full list of analyst forecasts on BlackRock stock, see the BLK Stock Forecast page.

BlackRock Approves Executive Compensation at Annual Meeting

On May 15, 2025, BlackRock, Inc. held its Annual Meeting of Shareholders, where all director nominees were elected, and the compensation for named executive officers was approved through a non-binding advisory vote. Additionally, Deloitte & Touche LLP was ratified as the independent registered public accounting firm for fiscal year 2025. However, shareholder proposals regarding a report on risks associated with stakeholder capitalism and reform of board elections were not approved.

The most recent analyst rating on (BLK) stock is a Hold with a $774.00 price target. To see the full list of analyst forecasts on BlackRock stock, see the BLK Stock Forecast page.