TD Cowen raises target for BlackRock stock to USD 1,405
Published on 10/22/2026 at 12:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst action and earnings
- TD Cowen raised its BlackRock target to USD 1,405 on October 20, 2026.
- Third-quarter revenue reached USD 7.75 billion, up 19.10 percent year over year.
- BlackRock stock traded at EUR 1,010.00 at 12:16 p.m. CEST at Lang & Schwarz on October 22, 2026.
BlackRock Inc. stock traded at EUR 1,010.00 at Lang & Schwarz on October 22, 2026 at 12:16 p.m. CEST. TD Cowen upgraded the shares to Buy from Hold and raised its price target to USD 1,405 from USD 1,212 on October 20, 2026, according to Business Insider.
Three results dates frame the story
On October 14, 2026, BlackRock reported third-quarter revenue of USD 7.75 billion and adjusted earnings per share of USD 15.93, according to MarketBeat. On October 15, 2026, UBS maintained a Buy rating and lifted its target to USD 1,300 from USD 1,277, as reported by Yahoo Finance. On October 20, 2026, TD Cowen followed with its move to Buy and a USD 1,405 target.
What does the target imply?
TD Cowen's new target is USD 193 higher than its previous USD 1,212 target, a 15.92 percent increase. The upgrade followed a quarter in which revenue rose 19.10 percent year over year to USD 7.75 billion, while adjusted earnings per share reached USD 15.93 against a USD 14.32 consensus estimate, according to MarketBeat.
The earnings backdrop also included USD 205 billion of third-quarter net inflows and a 47.80 percent adjusted operating margin. Those figures point to two distinct drivers: client asset growth supports fees, while higher-margin technology and private-market activities broaden the earnings mix. Management also highlighted structurally higher interest rates and continued volatility as factors that could affect financing economics and markets.
Next reporting date
BlackRock's next earnings report is expected on January 21, 2027, before the market opens, according to Gekko. The date gives investors the next scheduled checkpoint for testing whether the 19.10 percent revenue growth and USD 15.93 adjusted earnings per share can be sustained.
BlackRock stock and the next test
BlackRock's latest results supplied the operating evidence behind the recent target increases, but the valuation case now depends on continued fee growth and inflows. The next report will show whether the asset manager can extend its earnings momentum while managing the higher-rate and market-volatility risks described in the earnings discussion.
At Lang & Schwarz, BlackRock stock was trading at EUR 1,010.00 on October 22, 2026 at 12:16 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.
BlackRock stock at a glance
- Company: BlackRock, Inc.
- ISIN: US09290D1019
- Ticker: BLK
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 22, 2026, 12:16 p.m. CEST): EUR 1,010.00
- Sector / Industry: Financial Services / Asset Management
Market context: Market report S&P 500.
