BlackRock (BLK)
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
$1122.29-0.34%
Close 2026-09-04 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
Research Workspace
Put BLK beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Asset Management & Custody Banks is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance slipped notably this past month, though still top-half.
View ThesisRanks in the weakest quality tier of its industry — roughly the bottom 33%, softest on free-cash-flow yield.
View QualityManagement screens strong on capital allocation, earnings delivery, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskBlackRock's growth in technology services and subscription revenue has to keep compounding to justify the price. Revenue grew 31% year over year, and the last quarter beat expectations. It trades at 22× P/E versus a peer median of 16×, indicating that the price reflects less growth than we forecast. If BlackRock cuts guidance on the next call, that would be a meaningful negative. Peer multiples imply a price about 13% below where it trades (it looks expensive on this basis). Our standing thesis is on watch due to recent financial performance slipping notably this past month.
Trailing returns as of 2026-09-04. BLK is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 17 analysts currently covering BLK (as of Sep 2026).
Based on 6 Wall Street analysts offering 12-month price targets for BLK in the last 4 months.
Continue this research
Compare BLK with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| BLK Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Asset Management & Custody Banks — fair value, gap to price, and forward P/E.
Compare the value case
Put BLK next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive organic base fee growth across diversified client segments
Record ETF inflows support organic base fee growth objective.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-04. EPS is implied from price ÷ P/E. Not investment advice.
Current $1122.29
The last 12 months of price, then the range of analyst 12-month targets from today’s $1122.29.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
CEO resignation may impact fund performance and investor confidence.
Advances: Expand private markets fundraising to $400B by 2030
Supports private markets fundraising expansion objective.
Advances: Drive organic base fee growth across diversified client segments
Positive earnings report supports organic growth objectives.
Advances: Expand private markets fundraising to $400B by 2030
Increases private markets fundraising potential significantly.
Advances: Drive organic base fee growth across diversified client segments
Increased distribution supports organic base fee growth.
Advances: Enhance private credit capabilities with HPS acquisition
Enhances private credit capabilities, aligning with growth objectives.
Advances: Enhance private credit capabilities with HPS acquisition
Strengthens private credit capabilities, aligns with growth objective.
