JPMorgan raises target to USD 1,449 for BlackRock stock
Published on 10/16/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings and analyst signals
- JPMorgan lifted its BlackRock target to USD 1,449 on October 15, 2026.
- BlackRock reported Q3 2026 revenue of USD 7.752 billion, up 19 percent year over year.
- BlackRock stock traded at EUR 997.65 at 10:09 a.m. CEST at Lang & Schwarz on October 16, 2026.
BlackRock Inc. (ISIN US09290D1019) reported USD 7.752 billion in revenue for the third quarter of 2026, up 19 percent from the year-earlier quarter, according to StockTitan. JPMorgan analyst Michael Cho raised the price target from USD 1,435 to USD 1,449 on October 15, 2026, while keeping an Overweight rating, Markets Insider reported.
October results reset the base
The quarter gave the target increase a stronger operating backdrop. GAAP diluted earnings per share reached USD 10.57, versus USD 8.43 a year earlier, while adjusted diluted earnings per share rose 38 percent to USD 15.93 from USD 11.55, according to the October 14, 2026 filing carried by StockTitan.
BlackRock also generated USD 205.466 billion of net flows in Q3 2026. Assets under management stood at USD 15.488 trillion on September 30, 2026, 15 percent above the year-earlier level, while the adjusted operating margin reached 47.8 percent versus 44.6 percent.
Three milestones frame the target
On October 6, 2026, JPMorgan had raised its BlackRock target to USD 1,435 from USD 1,364 while retaining Overweight, according to Benzinga. BlackRock reported Q3 2026 revenue of USD 7.752 billion on October 14, 2026. JPMorgan then lifted the target to USD 1,449 on October 15, 2026.
What comes next for reporting?
The next earnings report is scheduled for January 14, 2027, with projected earnings per share of USD 15.34, according to Public. That date gives investors the next formal checkpoint for whether inflows and margin expansion continue into the fourth quarter.
Stock trades near its yearly high
BlackRock stock was trading at EUR 997.65 at Lang & Schwarz on October 16, 2026 at 10:09 a.m. CEST. The primary listing is on the New York Stock Exchange in USD, where the finance quote showed a price of USD 1,120.78 on October 15, 2026; its 52-week range was USD 917.39 to USD 1,209.89. The company combines asset management with investment technology, making recurring fee growth and flows central indicators for the valuation.
The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.
BlackRock stock facts
- Company: BlackRock, Inc.
- ISIN: US09290D1019
- Ticker: BLK
- Primary exchange: New York Stock Exchange
- Price Lang & Schwarz (as of October 16, 2026, 10:09 a.m. CEST): EUR 997.65
- Market capitalization: USD 173.6 billion (as of October 15, 2026)
- 52-week range: USD 917.39-1,209.89 (as of October 15, 2026)
- Sector / Industry: Financial Services / Asset Management
Market context: Market report S&P 500.
