BLK Stock Analysis: BlackRock | NYSE
Asset Management | NYSE, USA | Market Cap: 172.165m USD | 12M Return: -6.5% | US09290D1019 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 558M
EPS Trend: 99.4%
Qual. Beats: 3
Rev. Trend: 98.5%
Qual. Beats: 4
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
BlackRock, Inc. is a publicly owned investment manager founded in 1988 and headquartered in New York, serving institutional, intermediary, and individual clients including pension plans, insurance companies, mutual funds, endowments, governments, sovereign wealth funds, and banks. The firm provides global risk management and advisory services alongside its core investment offerings, managing client-focused equity, fixed income, and balanced portfolios. It launches and manages a broad range of vehicles, including open-end and closed-end mutual funds, offshore funds, unit trusts, hedge funds, structured products, and exchange traded funds spanning equity, fixed income, balanced, currency, commodity, and multi-asset strategies.
The firm invests across public equity, fixed income, real estate, currency, commodity, and alternative markets globally, employing both growth and value approaches across small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies, as well as dividend-paying equities and investment grade fixed income securities. Its investment process combines fundamental and quantitative analysis using bottom-up and top-down methods, and it benchmarks portfolio performance against major indices such as the S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch series. In real estate, the firm focuses on opportunities in Poland and Germany.
Operating within the asset management industry, BlackRock generates revenue primarily through management and advisory fees tied to client assets, with its diversified product suite spanning active management, index strategies, and alternative investments. The firms scale across multiple vehicle types and global markets positions it across traditional and alternative segments of the capital markets.
- ETF inflows drive total AUM growth
- Private markets expansion boosts fee-based revenue
- Rising interest rates lift securities lending income
| Net Income: 6.58b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -1.33 > 1.0 |
| NWC/Revenue: 97.57% < 20% (prev 96.46%; Δ 1.11% < -1%) |
| CFO/TA 0.02 > 3% & CFO 2.85b > Net Income 6.58b |
| Net Debt (-8.44b) to EBITDA (10.7b): -0.79 < 3 |
| Current Ratio: 1.35 > 1.5 & < 3 |
| Outstanding Shares: last quarter (164.8m) vs 12m ago 5.44% < -2% |
| Gross Margin: 55.73% > 18% (prev 49.02%; Δ 6.71% > 0.5%) |
| Asset Turnover: 16.94% > 50% (prev 14.73%; Δ 2.21% > 0%) |
| Interest Coverage Ratio: 19.91 > 6 (EBIT TTM 9.32b / Interest Expense TTM 468.0m) |
| A: 0.15 (Total Current Assets 103b - Total Current Liabilities 76.0b) / Total Assets 176b |
| B: 0.23 (Retained Earnings 40.2b / Total Assets 176b) |
| C: 0.06 (EBIT TTM 9.32b / Avg Total Assets 161b) |
| D: 0.52 (Book Value of Equity 57.6b / Total Liabilities 111b) |
| Altman-Z'' = 2.67 = A |
| DSRI: 0.97 (Receivables 5.44b/4.46b, Revenue 27.3b/21.6b) |
| GMI: 0.88 (GM 49.02% / 55.73%) |
| AQI: 0.48 (AQ_t 0.40 / AQ_t-1 0.83) |
| SGI: 1.27 (Revenue 27.3b / 21.6b) |
| TATA: 0.02 (NI 6.58b - CFO 2.85b) / TA 176b) |
| Beneish M = -3.28 (Cap -4..+1) = AA |
As of October 07, 2026, the stock is trading at USD 1079.42 with a total of 539,147 shares traded. Over the past week, the price has changed by +1.07%, over one month by -1.46%, over three months by +7.31% and over the past year by -6.50%.
Current recommended Stop Loss: 1047.70 (which is 2.9% or 1.3 ATR below the current price).
BlackRock has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy BLK.
- StrongBuy: 11
- Buy: 6
- Hold: 1
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 1318.2 | 22.1% |
P/E Trailing = 25.5087
P/E Forward = 16.4474
P/S = 6.3066
P/B = 2.8518
P/EG = 0.8893
Revenue TTM = 27.3b USD
EBIT TTM = 9.32b USD
EBITDA TTM = 10.7b USD
Long Term Debt = 12.7b USD (from longTermDebt, last quarter)
Short Term Debt = 237.0m USD (from shortTermDebt, last fiscal year)
Debt = 17.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.22b
Net Debt = -8.44b USD (calculated: Debt 17.2b - CCE 25.6b)
Enterprise Value = 164b USD (172b + Debt 17.2b - CCE 25.6b)
Interest Coverage Ratio = 19.91 (Ebit TTM 9.32b / Interest Expense TTM 468.0m)
EV/FCF = 70.54x (Enterprise Value 164b / FCF TTM 2.32b)
FCF Yield = 1.42% (FCF TTM 2.32b / Enterprise Value 164b)
FCF Margin = 8.50% (FCF TTM 2.32b / Revenue TTM 27.3b)
Net Margin = 24.09% (Net Income TTM 6.58b / Revenue TTM 27.3b)
Gross Margin = 55.73% ((Revenue TTM 27.3b - Cost of Revenue TTM 12.1b) / Revenue TTM)
Gross Margin QoQ = 82.00% (prev 48.01%)
Tobins Q-Ratio = 0.93 (Enterprise Value 164b / Total Assets 176b)
Interest Expense / Debt = 2.72% (Interest Expense 468.0m / Debt 17.2b)
Taxrate = 22.20% (2.04b / 9.16b)
NOPAT = 7.25b (EBIT 9.32b * (1 - 22.20%))
Current Ratio = 1.35 (Total Current Assets 103b / Total Current Liabilities 76.0b)
Debt / Equity = 0.30 (Debt 17.2b / totalStockholderEquity, last quarter 57.6b)
Debt / EBITDA = -0.79 (Net Debt -8.44b / EBITDA 10.7b)
Debt / FCF = -3.64 (Net Debt -8.44b / FCF TTM 2.32b)
Total Stockholder Equity = 56.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.08% (Net Income 6.58b / Total Assets 176b)
RoE = 11.65% (Net Income TTM 6.58b / Total Stockholder Equity 56.4b)
RoCE = 13.47% (EBIT 9.32b / Capital Employed (Equity 56.4b + L.T.Debt 12.7b))
RoIC = 7.34% (NOPAT 7.25b / Invested Capital 98.8b)
WACC = 8.97% (E(172b)/V(189b) * Re(9.65%) + D(17.2b)/V(189b) * Rd(2.72%) * (1-Tc(0.22)))
Discount Rate = 9.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 93.02 | Cagr: 4.24%
[DCF] Terminal Value 70.82% ; FCFF base≈2.95b ; Y1≈2.58b ; Y5≈2.09b
[DCF] Fair Price = 250.9 (EV 30.4b - Net Debt -8.44b = Equity 38.9b / Shares 154.9m; r=8.97% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 99.38 | EPS CAGR: 12.45% | SUE: 3.14 | # QB: 3
Revenue Correlation: 98.54 | Revenue CAGR: 17.31% | SUE: 2.58 | # QB: 4
EPS current Quarter (2026-09-30): EPS=14.25 | Chg30d=-0.42% | Revisions=-25% | Analysts=14
EPS current Year (2026-12-31): EPS=56.25 | Chg30d=-0.06% | Revisions=+50% | GrowthEPS=+17.0% | GrowthRev=+20.9%
EPS next Year (2027-12-31): EPS=64.36 | Chg30d=+0.08% | Revisions=+57% | GrowthEPS=+14.4% | GrowthRev=+11.7%
[Analyst] Revisions Ratio: +55% (up=7, down=1)