BlackRock Future Growth
Future criteria checks 1/6
BlackRock is forecast to grow earnings and revenue by 12.3% and 9.2% per annum respectively. EPS is expected to grow by 13.3% per annum. Return on equity is forecast to be 15.6% in 3 years.
Key information
12.3%
Earnings growth rate
13.33%
EPS growth rate
| Capital Markets earnings growth | 12.1% |
| Revenue growth rate | 9.2% |
| Future return on equity | 15.65% |
| Analyst coverage | Good |
| Last updated | 20 Aug 2026 |
Recent future growth updates
Recent updates
Narrative Update • Aug 13
BLK: AI Infrastructure And Tokenization Will Support Multiple Re Rating
Analysts have lifted the BlackRock price target modestly to $1,314.44, reflecting recent Q2 earnings results, commentary on organic growth, and updated assumptions around fee mix and margins. Analyst Commentary Recent research on BlackRock points to a clear tilt toward more constructive views after the Q2 earnings report, with several large banks moving price targets higher and highlighting improving organic growth, margins, and capital return.Narrative Update • Jul 30
BLK: ETF Scale And Digital Assets Will Drive Multiple Re Rating
BlackRock's fair value estimate has been adjusted higher to $1,313.50 from $1,273.69, reflecting analysts' higher price targets after the Q2 earnings beat and their focus on improving organic growth, margins, and fee trends across ETFs and higher fee products. Analyst Commentary Recent Street research on BlackRock has turned more constructive after the Q2 earnings beat, with several price target increases and at least one rating upgrade from a major firm.Narrative Update • Jul 16
BLK: Digital Asset Tokenization And ETF Scale Will Support Multiple Re Rating
BlackRock's analyst fair value estimate has edged up by about $22 to $1,273.69. Analysts point to stronger modeled revenue growth, higher profit margins, and updated long term P/E and discount rate assumptions following a series of higher Street price targets after the Q2 earnings beat.Seeking Alpha • Jul 15
BlackRock Q2: I Was Wrong - It's A Buy Now (Rating Upgrade)
Summary BlackRock, Inc. demonstrated robust Q2 performance with record inflows, base fees, and double-digit revenue growth, reinforcing its ecosystem moat. BLK's diversification into private markets and tech services is accelerating, lowering its correlation with equity indexes and strengthening client relationships. Valuation is now more attractive: BLK trades at a 2026 P/E of 19x, cheaper than major peers and the S&P 500, with improving operating leverage. I am upgrading BLK to a Buy, citing solid growth, healthy financials, and a compelling risk/reward profile versus the broader market. Read the full article on Seeking AlphaNarrative Update • Jul 02
BLK: Tokenization And Digital Asset Expansion Will Support Future Multiple Re Rating
BlackRock's updated analyst price target framework inches higher, with fair value moving from $1,246.25 to $1,251.69 as analysts factor in a slightly lower discount rate, modestly firmer revenue growth and profit margin assumptions, and a small adjustment to the future P/E estimate. Analyst Commentary Recent Street research around BlackRock shows an active debate on valuation, with price targets being adjusted in both directions and analysts pointing to a mix of supportive and more cautious signals.Narrative Update • Jun 18
BLK: Private Credit And Tokenization Expansion Will Support Future Multiple Re Rating
BlackRock's updated analyst price target has been trimmed by $5 to $1,246, as analysts fine tune fair value and P/E assumptions in light of recent mixed target revisions across the Street and heightened focus on its role as a key lender in situations such as Domo's covenant breach. Analyst Commentary Recent Street research on BlackRock reflects a wide range of price target moves, with some firms lifting their targets and others trimming them, as analysts reassess valuation frameworks, P/E assumptions, and the impact of BlackRock's broader lending and asset management activities.Analysis Article • Jun 16
BlackRock (BLK) Stock Could Be 20.2% Undervalued After BITA Launch
BlackRock (BLK) is back in focus after launching the iShares Bitcoin Premium Income ETF (Nasdaq: BITA), a new digital asset product that blends bitcoin exposure with an options-based monthly income approach. See our latest analysis for BlackRock. BlackRock’s recent BITA launch comes as the stock trades at US$1,052.23, with a 7 day share price return of 3.98% and a 90 day share price return of 8.67%. The 1 year total shareholder return of 10.84% points to momentum that has built over a longer...Narrative Update • Jun 04
BLK: Private Credit And Tokenization Progress Will Support Future Multiple Re Rating
Analysts have made a slight adjustment to the BlackRock fair value estimate, trimming the price target from $1,255.00 to $1,251.25. The change is tied to modest updates to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E expectations reflected across recent research updates.
Narrative Update • Apr 29
BlackRock's Global Platform Will Span Technology and Private Markets
Update of My 2025 Report Using Copilot to incorporate data from BlackRock’s latest Annual Report (FY 2025, published February 2026) and align it with the assumptions presented at the March 2025 Investor Day BlackRock – Updated Report Following the FY 2025 Annual Report 1. Revised Projection Framework Based on the projections presented at the March 31, 2025 Investor Day and the audited results for the fiscal year ended December 31, 2025, the five‑year projection framework remains consistent and further reinforced by recent execution.Narrative Update • Apr 23
BLK: Fee Resilience And Margin Discipline Will Support Future Multiple Re Rating
BlackRock's updated analyst price target moves from $1,279.63 to $1,255. This change reflects analysts' use of slightly higher discount rates, more moderate revenue growth and profit margin assumptions, and a modestly higher future P/E multiple, following a mix of recent target increases and reductions across major firms.Analysis Article • Apr 17
BlackRock, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
BlackRock, Inc. ( NYSE:BLK ) investors will be delighted, with the company turning in some strong numbers with its...Narrative Update • Apr 08
BLK: Fee Resilience And Cost Discipline Will Drive Future Multiple Re Rating
BlackRock's analyst price target has been trimmed, with the fair value estimate moving from about $1,320 to roughly $1,280, as analysts factor in modestly lower revenue growth and profit margin assumptions, along with updates from recent price target revisions across the Street. Analyst Commentary Recent Street research on BlackRock shows a mixed but active set of views, with several firms adjusting price targets in both directions and one major upgrade in rating.Narrative Update • Mar 25
BLK: Fee Resilience And Cost Discipline Will Support Future Multiple Re Rating
Narrative Update on BlackRock Analysts have made a modest adjustment to BlackRock's blended price target, with recent cuts such as Evercore ISI trimming its target to $1,235 from $1,275, offset by several earlier target increases in the $30 to $84 range that reflect differing views on recent flow trends and earnings potential. Analyst Commentary Recent commentary on BlackRock paints a mixed picture, with some firms trimming price targets while others lift their estimates or ratings following updates on flows, earnings and management commentary.Narrative Update • Mar 10
BLK: Fee Power And Cost Controls Will Support Future Multiple Re Rating
The analyst price target for BlackRock has been trimmed slightly in our model. This reflects a shift toward the lower end of recent Street targets around $1,218 to $1,310 as analysts factor in updated flow data, recent target cuts and upgrades, and modest adjustments to assumed margins and future P/E multiples.Narrative Update • Feb 24
BLK: Fee Resilience And Cost Cuts Will Support Future Earnings Power
Our price target narrative on BlackRock remains effectively unchanged at $1,328. The slightly lower discount rate reflects analysts’ updated view that recent Q4 strength, firm Q1 flow trends, and expectations for durable management fee growth and margins support current valuation assumptions.Analysis Article • Feb 16
BlackRock's (NYSE:BLK) Dividend Will Be Increased To $5.73
BlackRock, Inc.'s ( NYSE:BLK ) dividend will be increasing from last year's payment of the same period to $5.73 on 24th...Narrative Update • Feb 10
BLK: AI Infrastructure Partnership And Cost Cuts Will Support Future Earnings Power
Analysts have made a small downward adjustment to their BlackRock fair value and price target, trimming the figure by about $5 to $1,328 as they refine models that incorporate slightly lower discount rates along with modest tweaks to future P/E and margin assumptions. Analyst Commentary Recent Street research on BlackRock shows a mix of optimism and caution, with several firms adjusting price targets around the US$1,200 to US$1,340 range and a combination of rating upgrades and downgrades.Analysis Article • Feb 02
BlackRock's (NYSE:BLK) Upcoming Dividend Will Be Larger Than Last Year's
The board of BlackRock, Inc. ( NYSE:BLK ) has announced that it will be paying its dividend of $5.73 on the 24th of...Narrative Update • Jan 26
BLK: AI Infrastructure And Data Centers Will Support Future Earnings Power
Analysts have nudged their price targets on BlackRock higher, lifting our fair value estimate by about $28 per share to $1,333.67. This reflects updated assumptions around revenue growth, profitability and future P/E multiples following a mix of recent target increases and rating changes across the Street.Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 36,685 | 10,980 | 12,538 | 10,076 | 5 |
| 12/31/2027 | 32,733 | 9,837 | 10,906 | 9,090 | 9 |
| 12/31/2026 | 29,285 | 8,816 | 9,960 | 8,622 | 8 |
| 6/30/2026 | 27,299 | 6,576 | 3,515 | 3,938 | N/A |
| 3/31/2026 | 25,638 | 6,255 | 3,672 | 4,075 | N/A |
| 12/31/2025 | 24,216 | 5,553 | 3,552 | 3,927 | N/A |
| 9/30/2025 | 22,885 | 6,096 | 3,933 | 4,268 | N/A |
| 6/30/2025 | 21,573 | 6,404 | 3,884 | 4,235 | N/A |
| 3/31/2025 | 20,955 | 6,306 | 3,967 | 4,236 | N/A |
| 12/31/2024 | 20,407 | 6,369 | 4,701 | 4,956 | N/A |
| 9/30/2024 | 19,361 | 6,074 | 4,047 | 4,336 | N/A |
| 6/30/2024 | 18,686 | 6,047 | 4,258 | 4,531 | N/A |
| 3/31/2024 | 18,344 | 5,918 | 3,824 | 4,151 | N/A |
| 12/31/2023 | 17,859 | 5,502 | 3,821 | 4,165 | N/A |
| 9/30/2023 | 17,565 | 5,386 | 3,786 | 4,140 | N/A |
| 6/30/2023 | 17,354 | 5,188 | 3,912 | 4,324 | N/A |
| 3/31/2023 | 17,417 | 4,899 | 4,517 | 4,984 | N/A |
| 12/31/2022 | 17,873 | 5,178 | 4,423 | 4,956 | N/A |
| 9/30/2022 | 18,642 | 5,562 | 4,375 | 4,900 | N/A |
| 6/30/2022 | 19,381 | 5,837 | 4,488 | 4,914 | N/A |
| 3/31/2022 | 19,675 | 6,138 | 4,655 | 5,095 | N/A |
| 12/31/2021 | 19,374 | 5,901 | 4,603 | 4,944 | N/A |
| 9/30/2021 | 18,746 | 5,806 | 4,737 | 5,006 | N/A |
| 6/30/2021 | 18,065 | 5,489 | 3,955 | 4,227 | N/A |
| 3/31/2021 | 16,893 | 5,325 | 3,918 | 4,108 | N/A |
| 12/31/2020 | 16,205 | 4,932 | 3,549 | 3,743 | N/A |
| 9/30/2020 | 15,704 | 4,685 | 2,786 | 3,020 | N/A |
| 6/30/2020 | 15,027 | 4,440 | 2,707 | 2,956 | N/A |
| 3/31/2020 | 14,903 | 4,229 | N/A | 2,171 | N/A |
| 12/31/2019 | 14,539 | 4,476 | N/A | 2,884 | N/A |
| 9/30/2019 | 13,996 | 4,102 | N/A | 2,151 | N/A |
| 6/30/2019 | 13,880 | 4,199 | N/A | 2,485 | N/A |
| 3/31/2019 | 13,961 | 4,269 | N/A | 2,991 | N/A |
| 12/31/2018 | 14,198 | 4,305 | N/A | 3,075 | N/A |
| 9/30/2018 | 14,528 | 5,673 | N/A | 3,962 | N/A |
| 6/30/2018 | 14,460 | 5,401 | N/A | 4,057 | N/A |
| 3/31/2018 | 14,091 | 5,182 | N/A | 3,973 | N/A |
| 12/31/2017 | 13,600 | 4,952 | N/A | 3,950 | N/A |
| 9/30/2017 | 12,726 | 3,508 | N/A | 3,732 | N/A |
| 6/30/2017 | 12,055 | 3,439 | N/A | 3,432 | N/A |
| 3/31/2017 | 11,623 | 3,374 | N/A | 2,555 | N/A |
| 12/31/2016 | 12,261 | 3,168 | N/A | 2,273 | N/A |
| 9/30/2016 | 11,128 | 3,182 | N/A | 2,119 | N/A |
| 6/30/2016 | 11,201 | 3,150 | N/A | 2,410 | N/A |
| 3/31/2016 | 11,302 | 3,180 | N/A | 2,948 | N/A |
| 12/31/2015 | 11,401 | 3,345 | N/A | 3,004 | N/A |
| 9/30/2015 | 11,322 | 3,297 | N/A | 3,118 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BLK's forecast earnings growth (12.3% per year) is above the savings rate (3.7%).
Earnings vs Market: BLK's earnings (12.3% per year) are forecast to grow slower than the US market (16.9% per year).
High Growth Earnings: BLK's earnings are forecast to grow, but not significantly.
Revenue vs Market: BLK's revenue (9.2% per year) is forecast to grow slower than the US market (12.9% per year).
High Growth Revenue: BLK's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BLK's Return on Equity is forecast to be low in 3 years time (15.6%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/20 21:37 |
| End of Day Share Price | 2026/08/20 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
BlackRock, Inc. is covered by 36 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Jeremy Campbell | Barclays |
| Kenneth Hill | Barclays |