BlackRock (BLK)
NYSEFinancialsAsset ManagementSnapshot 2026-07-08
$990.31-1.89%
Close 2026-07-08 · 1-day change
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Track BLK free→BlackRock is growing private markets fundraising toward $400 billion by 2030. Technology services revenue grew 22% last year, driven by Aladdin and acquisitions. The company keeps winning new accounts and partnerships. Profit margins and cash flow remain solid.
Private credit faces challenges with CEO departures and valuation probes. Competition in key markets like India may slow growth. Software markdowns hint at private market difficulties. These risks could hurt fundraising and revenue growth.
The price is about 24% above our fair value near $817, reflecting roughly 15% revenue growth expected by analysts. Our fair value is 33% below the Street median, so the market prices in strong growth that may be optimistic given current risks.
Breaks if: Further CEO departures or valuation probes in private credit
BlackRock aims to achieve $400 billion in private markets fundraising by 2030, leveraging strong client engagement and market momentum.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Breaks if: Private markets fundraising falls below $300 billion by 2030
BlackRock aims to achieve $400 billion in private markets fundraising by 2030, leveraging strong client engagement and market momentum.
Breaks if: Technology services revenue growth falls below 10% YoY next year
BlackRock aims to grow its technology services and subscription revenue, driven by Aladdin and recent acquisitions.
Stated in 4 of last 4 quarters. Technology services and subscription revenue grew 22% year-over-year, driven by Aladdin and recent acquisitions. This indicates delivering on the stated priority with consistent growth in this segment.
“CEO: '22% growth in technology services and subscription revenue year-over-year, driven by continued momentum in Aladdin.'”
“CEO: 'Higher technology services and subscription revenue.'”
“CEO: 'Higher technology services and subscription revenue, partially offset by lower performance fees.'”
“CEO: 'Higher technology services and subscription revenue, partially offset by lower performance fees.'”