JPMorgan raises target for BlackRock stock to USD 1,435

Published on 10/07/2026 at 15:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

BlackRock stock cost EUR 954.90 on October 7, 2026, versus EUR 958.50. Revenue hit USD 7.08 billion in second-quarter 2026, up 31.00 percent.

Luftaufnahme Manhattan Finanzdistrikt bei Sonnenuntergang, Vermögensverwaltung New York — BlackRock Inc. Hauptquartier in New York, Finanzdistrikt Manhattan aus der Luft, ISIN US09247X1019, Illustration mit AI erstellt.

BlackRock Inc. (ISIN US09290D1019) was trading at EUR 954.90 at Lang & Schwarz on October 7, 2026 at 3:07 p.m. CEST, while JPMorgan raised its price target from USD 1,364.00 to USD 1,435.00 and kept an Overweight rating on October 6, 2026, according to Markets Insider. The euro quote was down 0.38 percent versus the Lang & Schwarz prior close of EUR 958.50.

JPMorgan lifts the valuation bar

The target move gives the latest analyst view a concrete benchmark, but it is denominated in US dollars and therefore cannot be compared directly with the euro quote. MarketBeat reported that JPMorgan maintained its Overweight rating alongside the move from USD 1,364.00 to USD 1,435.00.

MarketBeat also listed a consensus rating of Moderate Buy, with 15 Buy or Strong Buy ratings and three Holds. That breadth of opinion matters because BlackRock's next catalyst is close, with third-quarter results scheduled for October 14, 2026.

Second-quarter growth sets the test

BlackRock reported second-quarter 2026 revenue of USD 7.08 billion, up 31.00 percent from the prior-year quarter, while earnings per share reached USD 13.91 versus USD 12.05 a year earlier, according to Yahoo Finance. Operating income rose 39.00 percent to USD 2.90 billion, and the operating margin reached 45.90 percent.

The earnings profile gives the target increase a measurable operating backdrop: revenue growth, margin expansion and higher earnings per share were all reported for the same quarter. Management also said second-quarter net inflows totaled USD 192.00 billion, with iShares exchange-traded funds accounting for USD 178.00 billion of inflows.

Stock sits below its yearly high

BlackRock's NYSE listing had a 52-week range of USD 917.39 to USD 1,219.94 as of October 7, 2026, while market capitalization stood at USD 167.30 billion as of October 6, 2026. The euro reference price remains a separate Lang & Schwarz indication for investors in Germany.

BlackRock stock was trading at EUR 954.90 at Lang & Schwarz on October 7, 2026 at 3:07 p.m. CEST, down 0.38 percent versus the prior close of EUR 958.50. The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.