These Analysts Boost Their Forecasts On BlackRock After Better-Than-Expected Q3 Results

Benzinga Earnings10-16 01:35

BlackRock Inc. (NYSE:BLK) on Wednesday reported better-than-expected third-quarter results.

Revenue increased 19% year over year (Y/Y) to $7.75 billion, topping the analyst consensus estimate of $7.52 billion. Adjusted earnings came in at $15.93 per share, ahead of the consensus estimate of $14.13.

Investment advisory, administration fees and securities lending revenue rose to $6.04 billion from $5.05 billion a year earlier. Securities lending revenue increased to $253 million from $203 million, led by higher spreads and increased average balances of securities on loan.

BlackRock shares rose 3.3% to trade at $1,110.00 on Thursday.

These analysts made changes to their price targets on BlackRock following earnings announcement.

Keefe, Bruyette & Woods analyst Alex Bond maintained the stock with an Outperform rating and raised the price target from $1,290 to $1,310.
Wells Fargo analyst Daniel Welden maintained the stock with an Overweight rating and raised the price target from $1,230 to $1,250.
Barclays analyst Benjamin Budish maintained the stock with an Overweight rating and cut the price target from $1,420 to $1,410.
JP Morgan analyst Michael Cho maintained the stock with an Overweight rating and raised the price target from $1,435 to $1,449.
Morgan Stanley analyst Mike Cyprys maintained the stock with an Overweight rating and raised the price target from $1,468 to $1,531.

Considering buying BLK stock? Here’s what analysts think:

Photo via Shutterstock

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Securities lending revenue increased to $253 million from $203 million, led by higher spreads and increased average balances of securities on loan.</p>\n<p>BlackRock shares rose 3.3% to trade at $1,110.00 on Thursday.</p>\n<p>These analysts made changes to their price targets on BlackRock following earnings announcement.</p>\n<ul>\n<li>Keefe, Bruyette &amp; Woods analyst Alex Bond maintained the stock with an Outperform rating and raised the price target from $1,290 to $1,310.</li>\n<li>Wells Fargo analyst Daniel Welden maintained the stock with an Overweight rating and raised the price target from $1,230 to $1,250.</li>\n<li>Barclays analyst Benjamin Budish maintained the stock with an Overweight rating and cut the price target from $1,420 to $1,410.</li>\n<li>JP Morgan analyst Michael Cho maintained the stock with an Overweight rating and raised the price target from $1,435 to $1,449.</li>\n<li>Morgan Stanley analyst Mike Cyprys maintained the stock with an Overweight rating and raised the price target from $1,468 to $1,531.</li>\n</ul>\n<p><strong>Considering buying BLK stock? 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(NYSE:BLK) on Wednesday reported better-than-expected third-quarter results.</p>\n<p>Revenue increased 19% year over year (Y/Y) to $7.75 billion, topping the analyst consensus estimate of $7.52 billion. Adjusted earnings came in at $15.93 per share, ahead of the consensus estimate of $14.13.</p>\n<p>Investment advisory, administration fees and securities lending revenue rose to $6.04 billion from $5.05 billion a year earlier. 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Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"300\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15133410/image-356-1024x300.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15133410/image-356-1024x300.png 1024w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15133410/image-356-300x88.png 300w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15133410/image-356-768x225.png 768w, https://editorial-assets.benzinga.com/wp-content/uploads/2026/10/15133410/image-356.png 1150w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3PB1722.GBP","symbol_name":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/10/62394225/these-analysts-boost-their-forecasts-on-blackrock-after-better-than-expected-q3-results","article_id":"2675735531","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2675735531","pubTimestamp":1792085736,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga Earnings","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"BlackRock beats Q3 estimates with 19% revenue growth; analysts mostly raise price targets, sending shares up 3.3%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B3PB1722.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) INC","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","IE00BDGV0183.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) INC","LU0731783394.SGD":"Fidelity Global Dividend A-MINCOME(G)-SGD","IE00B42XCP33.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) INC","BK4535":"淡马锡持仓","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","BK4504":"桥水持仓","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BLK":"贝莱德","FDFF":"Fidelity Disruptive Finance ETF","BK4135":"资产管理与托管银行","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0772969993.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) ACC","BK4588":"碎股","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","LU1481011671.HKD":"FIDELITY GLOBAL DIVIDEND \"A\" (HKDHDG) INC","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1481011911.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USDHDG) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BVYPNV92.GBP":"GUINNESS GLOBAL EQUITY INCOME \"C\" (GBP) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","IE00BVYPNW00.USD":"GUINNESS GLOBAL EQUITY INCOME \"C\" (USD) ACC","IE00BGHQF631.EUR":"GUINNESS GLOBAL EQUITY INCOME \"C\" (EUR) ACC","LU0731783048.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC MONTHLY (G)","LU1509826696.USD":"FIDELITY GLOBAL DIVIDEND \"A\" (USD) INC B","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","BK4581":"高盛持仓","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) INC","LU0742537680.HKD":"FIDELITY GLOBAL DIVIDEND \"A \" (HKD) INC","LU1599440770.SGD":"FIDELITY GLOBAL DIVIDEND \"A\" (SGDHDG) INC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4567":"ESG概念","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","LU2505996509.AUD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (AUDHDG) INC","BK4533":"AQR资本管理(全球第二大对冲基金)"},"translate_title":"这些分析师在贝莱德第三季度业绩好于预期后上调了对其的预测","themeId":"11c8fbbf839f433c9d274cef5f173382","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FDFF":0.6,"BLK":1.5},"content_text":"BlackRock Inc. (NYSE:BLK) on Wednesday reported better-than-expected third-quarter results.\nRevenue increased 19% year over year (Y/Y) to $7.75 billion, topping the analyst consensus estimate of $7.52 billion. Adjusted earnings came in at $15.93 per share, ahead of the consensus estimate of $14.13.\nInvestment advisory, administration fees and securities lending revenue rose to $6.04 billion from $5.05 billion a year earlier. Securities lending revenue increased to $253 million from $203 million, led by higher spreads and increased average balances of securities on loan.\nBlackRock shares rose 3.3% to trade at $1,110.00 on Thursday.\nThese analysts made changes to their price targets on BlackRock following earnings announcement.\n\nKeefe, Bruyette & Woods analyst Alex Bond maintained the stock with an Outperform rating and raised the price target from $1,290 to $1,310.\nWells Fargo analyst Daniel Welden maintained the stock with an Overweight rating and raised the price target from $1,230 to $1,250.\nBarclays analyst Benjamin Budish maintained the stock with an Overweight rating and cut the price target from $1,420 to $1,410.\nJP Morgan analyst Michael Cho maintained the stock with an Overweight rating and raised the price target from $1,435 to $1,449.\nMorgan Stanley analyst Mike Cyprys maintained the stock with an Overweight rating and raised the price target from $1,468 to $1,531.\n\nConsidering buying BLK stock? Here’s what analysts think:\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2675735531","isCrawlerRequest":true}