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BlackRock Inc. (BLK) Stock

BlackRock Inc. Stock Details, Movements and Public Alerts

BlackRock Inc. (BLK): The $182B Asset Management Giant Controlling $11.5 Trillion and the Future of Finance

When Larry Fink co-founded BlackRock in 1988, the New York firm managed $2.4 billion for a single institutional client. Thirty-seven years later, Fink has built the most powerful financial institution in history—$11.5 trillion in AUM (larger than Germany's GDP), 20,000+ employees across 70 countries, and technology (Aladdin platform) managing $25 trillion for both BlackRock clients and external institutions. The company's iShares ETF franchise controls 40% of the U.S. ETF market, while Aladdin's risk analytics have become mission-critical infrastructure for pension funds, sovereign wealth funds, and central banks. At $1,203, up 57% from 2024 lows and flirting with all-time highs, BlackRock trades at 28x earnings—steep for asset management, yet justified by 34% operating margins, 13.9% ROE, and irreplaceable competitive moats in passive products and financial technology.

52-Week Range

$1,219.94 - $766.05

-9.65% from high · +43.88% from low

Avg Daily Volume

699,698

20-day average

100-day avg: 597,173

Fundamentals

Valuation Metrics

P/E Ratio (TTM)

27.93

Above market average

Forward P/E

21.93

Earnings expected to grow

PEG Ratio

2.14

Potentially overvalued

Price to Book

3.64

EV/EBITDA

18.66

EPS (TTM)

$42.09

Price to Sales

8.44

Beta

1.46

Similar volatility to market

How is BLK valued relative to its earnings and growth?
BlackRock Inc. trades at a P/E ratio of 27.93, which is above the market average of approximately 20. This premium valuation suggests investors expect above-average growth or the company has competitive advantages justifying the higher multiple. Looking ahead, the forward P/E of 21.93 is lower than the current P/E, indicating analysts expect earnings to grow over the next year. The PEG ratio of 2.14 indicates a premium valuation even accounting for growth.
What is BLK's risk profile compared to the market?
With a beta of 1.46, BlackRock Inc. is roughly as volatile as the market, moving in line with broad market trends. This moderate beta suggests the stock offers market-level returns without excessive volatility. The price-to-book ratio of 3.64 shows investors value the company above its book value, which often reflects intangible assets or growth prospects.

Performance & Growth

Profit Margin

29.70%

Operating Margin

34.20%

EBITDA

$8.57B

Return on Equity

13.90%

Return on Assets

3.61%

Revenue Growth (YoY)

12.90%

Earnings Growth (YoY)

2.00%

How profitable and efficient is BLK's business model?
BlackRock Inc. achieves a profit margin of 29.70%, meaning it retains $29.70 from every $100 in revenue after all expenses. This is an impressive margin, indicating strong pricing power and efficient cost management that allows the company to generate substantial profits. The operating margin of 34.20% reveals how efficiently the company runs its core business operations before interest and taxes. With ROE at 13.90% and ROA at 3.61%, the company achieves moderate returns on invested capital.
What are BLK's recent growth trends?
BlackRock Inc.'s revenue grew by 12.90% year-over-year, showing steady progress in growing the business. This positive trajectory indicates the company maintains competitive positioning in its markets. Earnings increased by 2.00% year-over-year, reflecting the bottom-line impact of business performance. These growth metrics should be evaluated against ASSET MANAGEMENT industry averages for proper context.

Dividend Information

Dividend Per Share

$20.62

Dividend Yield

1.78%

Ex-Dividend Date

Sep 5, 2025

Dividend Date

Sep 23, 2025

What dividend income can investors expect from BLK?
BlackRock Inc. offers a dividend yield of 1.78%, paying $20.62 per share annually. This modest yield below 2% suggests the company prioritizes growth investments over current income. While the dividend provides some return, investors are likely attracted more by capital appreciation potential than income generation. To receive the next dividend, shares must be purchased before the ex-dividend date of Sep 5, 2025.
How reliable is BLK's dividend for long-term investors?
The dividend sustainability can be assessed through the payout ratio - BlackRock Inc. pays $20.62 per share in dividends against earnings of $42.09 per share, resulting in a payout ratio of 48.99%. This balanced payout between 30-60% suggests a sustainable dividend policy that allows both shareholder returns and business reinvestment. The dividend appears well-covered by earnings. The next dividend payment is scheduled for Sep 23, 2025.

Company Size & Market

Market Cap

$182.0B

Revenue (TTM)

$21.57B

Revenue/Share (TTM)

$140.78

Shares Outstanding

154.85M

Book Value/Share

$317.55

Asset Type

Common Stock

What is BLK's market capitalization and position?
BlackRock Inc. has a market capitalization of $182.0B, classifying it as a large-cap stock ($10B-$200B). Large-caps are typically industry leaders with established business models, offering a balance of stability and growth potential. They often provide dividend income and are core holdings in institutional portfolios. With 154.85M shares outstanding, the company's ownership is relatively concentrated. As a major player in the ASSET MANAGEMENT industry, it competes with other firms in this sector.
How does BLK's price compare to its book value?
BlackRock Inc.'s book value per share is $317.55, while the current stock price is $1,102.22, resulting in a price-to-book (P/B) ratio of 3.47. This high P/B ratio indicates significant intangible assets, strong brand value, or high growth expectations. Technology and consumer brand companies often trade at elevated P/B ratios due to intellectual property and competitive advantages not reflected on the balance sheet. As a common stock, this represents equity ownership with voting rights.

Analyst Ratings

Analyst Target Price

$1,177.20

6.80% upside potential

Analyst Recommendations

Strong Buy

4

Buy

9

Hold

3

Sell

0

Strong Sell

0

How reliable are analyst predictions for BLK?
16 analysts cover BLK with 81% recommending buy/strong buy ratings. Analyst predictions have mixed reliability - studies show consensus rarely beats market returns consistently. The strong bullish consensus may already be priced in. The consensus target of $1,177.20 implies 6.8% upside, but targets are often adjusted to follow price moves rather than predict them.
What is the Wall Street consensus on BLK?
Current analyst recommendations:4 Strong Buy, 9 Buy, 3 Hold, 00The bullish tilt suggests optimism about future prospects, though investors should conduct independent research.Remember that analyst opinions often lag price movements and can be influenced by investment banking relationships.

Fundamentals last updated: Oct 1, 2025, 06:57 AM

Technical Indicators

RSI (14-day)

37.20

Neutral

50-Day Moving Average

$1,137.64

-3.11% below MA-50

200-Day Moving Average

$1,023.99

7.64% above MA-200

MACD Line

-6.31

MACD Signal

1.27

MACD Histogram

-7.58

Bearish

What does BLK's RSI value tell investors?
The RSI (Relative Strength Index) for BLK is currently 37.20, indicating the stock is showing bearish momentum (30-40 range). Selling pressure is evident but not extreme. This often occurs during pullbacks in uptrends or early stages of downtrends. Combined with the price being below the 50-day moving average, this confirms bearish conditions.
How should traders interpret BLK's MACD and moving average crossovers?
MACD analysis shows the MACD line at -6.31 below the signal line at 1.27, with histogram at -7.58. This bearish crossover indicates downward pressure. The wide histogram confirms strong momentum. The 50-day MA ($1,137.64) is above the 200-day MA ($1,023.99), forming a golden cross pattern that typically signals a long-term uptrend. Price is currently between the MAs, suggesting transition.

Indicators last updated: Oct 30, 2025, 01:26 PM

Active Alerts

Alert Condition
RSI Threshold Cross
Threshold
35
Created
Oct 28, 2025, 04:35 PM
Alert Condition
MA Breakout (Bearish)
Threshold
200 days
Created
Oct 28, 2025, 04:35 PM
Alert Condition
Forward P/E falls below
Threshold
21 x
Created
Oct 21, 2025, 03:50 PM

BlackRock Inc. (BLK) Stock Analysis 2025: Complete Investment Guide

The $11.5 Trillion Behemoth Reshaping Global Finance

BlackRock's scale defies comprehension. With $11.5 trillion in AUM, the firm manages assets equivalent to 40% of U.S. GDP or 3x Apple's market capitalization. Larry Fink's vision—democratizing institutional-quality investing through low-cost ETFs while selling technology infrastructure to competitors—has created a virtuous cycle: AUM growth generates fee revenue funding Aladdin R&D, which attracts external clients, whose data enhances Aladdin's algorithms, making iShares ETFs more competitive. The result is a near-monopoly in passive equity investing (40% U.S. ETF share alongside Vanguard's 25% and State Street's 15%) and a technology moat rivals can't replicate without a decade and $5+ billion in investment. At $1,203, BlackRock has delivered 57% returns from 2024 lows, yet trades just 1% below all-time highs—reflecting investor conviction that passive investing, private markets, and ESG integration remain in the early innings.

Business Model & Competitive Moat

BlackRock operates across four interconnected revenue streams:

  • •iShares ETFs (40% of revenue): $3.5T AUM across 1,400+ ETFs including IVV (S&P 500), IEFA (developed markets), AGG (bonds); 3-7 basis points in fees generating $8B+ annual revenue
  • •Index & Model Portfolios (25% of revenue): Passive mutual funds and target-date funds for 401(k) plans; $4T AUM with 10-20bp fees serving Fidelity, Schwab, Merrill Lynch
  • •Active Strategies (20% of revenue): Fundamental equity, fixed income, multi-asset portfolios charging 30-80bp fees; $2T AUM including BlackRock Global Allocation Fund
  • •Aladdin & Technology (15% of revenue): Risk management, portfolio construction, trading platform sold to external institutions; $25T in assets managed on Aladdin generating $1.4B revenue at 50%+ margins

BlackRock's moat is structural and multi-layered. In ETFs, first-mover advantage (iShares acquired from Barclays in 2009) created network effects: the largest ETFs have tightest bid-ask spreads, attracting liquidity, which attracts more investors, reinforcing dominance. Switching costs are low for individual investors but high for institutional allocators who've integrated iShares into asset allocation models. Aladdin's moat is even deeper—once a pension fund or insurance company migrates risk management to Aladdin (18-month implementation), they're locked in for 10+ years due to data integration complexity. BlackRock benefits from data network effects: managing $11.5T provides market intelligence and risk insights competitors with $1-2T AUM can't match.

Financial Performance

  • •Revenue: $21.6B trailing (+12.9% YoY driven by market appreciation and net inflows of $600B)
  • •Operating Margin: 34.2%—exceptional profitability reflecting platform leverage and passive product mix
  • •Profit Margin: 29.7%, among highest in asset management (T. Rowe Price at 25%, Invesco at 18%)
  • •EBITDA: $8.57B with minimal capital requirements enabling aggressive capital returns
  • •Return on Equity: 13.9%, respectable but below pre-2020 levels of 16-18% due to capital buffers
  • •EPS Growth: $42.09 (+2% YoY as market gains offset fee compression on passive products)
  • •Dividend: $20.62 per share (1.78% yield) with 14-year track record of consecutive increases

The 12.9% revenue growth reflects both market beta (S&P 500 up 24% in 2024) and organic net inflows of $600 billion—BlackRock captured 25% of industry-wide flows despite 20% market share, demonstrating competitive strength. Operating leverage is evident: revenue grew 13% while operating expenses increased just 9%, expanding margins 100bp. The company generated $7.8 billion in operating cash flow, funding $3.3 billion in dividends, $2.5 billion in buybacks, and strategic M&A (Global Infrastructure Partners acquisition for $12.5B closing 2024). Net debt of $8 billion (1x EBITDA) provides ample capacity for continued capital deployment.

Growth Catalysts

  • •ETF Market Expansion: Global ETF assets forecast to reach $25T by 2030 (from $12T today); BlackRock targeting 45% market share via thematic/active ETF launches
  • •Private Markets Democratization: Retail access to private equity, credit, infrastructure via '40 Act funds; BlackRock's $450B alternatives platform growing 15% annually
  • •Aladdin Acceleration: Cloud migration and AI integration expanding addressable market; targeting $3B Aladdin revenue by 2027 (from $1.4B today)
  • •Retirement Mega-Trend: 10,000 boomers retiring daily drive $500B annual flows into target-date funds where BlackRock holds 25% market share
  • •ESG Integration: BlackRock's $4T ESG-integrated AUM growing 20%+ annually; technology advantage (Aladdin ESG scoring) creates differentiation

Risks & Challenges

  • •Fee Compression: ETF fees declining 2-3% annually as competition intensifies; offsetting with volume growth becoming harder
  • •Regulatory Risk: SEC scrutinizing asset manager voting power; potential forced divestiture of stakes in competing companies (e.g., owning 7% of both Delta and United)
  • •Political Backlash: Republican states divesting from BlackRock over ESG stance; $4B pulled from Texas, Florida pension funds
  • •Market Correction Risk: 70% revenue tied to AUM—20% market decline erases $14B in revenue, crushing margins as fixed costs remain
  • •Technology Disruption: Decentralized finance (DeFi) and tokenized assets could disintermediate traditional asset managers over 10-15 years

Competitive Landscape

FirmAUMMarket CapP/E Ratio
BlackRock (BLK)$11.5T$182B28x
Vanguard (Private)$9.3TN/AN/A (client-owned)
State Street (STT)$4.7T$26B13x
Fidelity (Private)$5.8TN/AN/A

BlackRock's $182 billion market cap dwarfs State Street ($26B) despite comparable business models, reflecting superior profitability (34% operating margin vs. 30%) and Aladdin's technology premium. Vanguard's client-owned structure (no public equity) and lower fees create pricing pressure, while Fidelity's private status limits transparency. BlackRock's 28x P/E premium vs. State Street's 13x reflects both growth expectations and platform diversification (Aladdin, alternatives) reducing passive-only concentration risk.

Who Is This Stock Suitable For?

Perfect For

  • ✓Quality growth investors seeking 34% margin platform businesses with secular tailwinds
  • ✓ETF/passive investing bulls betting on continued market share gains and fee stability
  • ✓Fintech enthusiasts attracted to Aladdin's $25T platform and AI integration potential
  • ✓Dividend growth investors with 1.78% yield and 14-year consecutive increase track record

Less Suitable For

  • ✗Value investors (28x P/E is expensive vs. historical 18-22x range)
  • ✗Bears on passive investing believing active management renaissance will reverse ETF flows
  • ✗ESG skeptics uncomfortable with BlackRock's climate activism and political controversies
  • ✗Market crash fearful investors (70% revenue tied to AUM creates 3-4x downside leverage in bear markets)

Investment Thesis

BlackRock represents the ultimate bet on passive investing's continued ascent and financial technology infrastructure. At 28x earnings near all-time highs, the valuation appears full—yet the company's competitive position has never been stronger. Larry Fink's strategic pivot toward private markets (Global Infrastructure Partners acquisition), technology monetization (Aladdin expansion), and retail distribution (partnerships with Schwab, Fidelity) addresses the key bear case that BlackRock is a mature, fee-compressing business. If ETF assets double to $25 trillion by 2030 and BlackRock maintains 40% share, fee revenue could grow 50% even with 2-3% annual price erosion—driving 8-10% EPS growth.

The bull case hinges on three pillars: (1) ETF market expansion to $25T sustains 7-9% AUM growth despite fee compression; (2) Aladdin scales to $3B revenue (from $1.4B) as cloud migration and AI integration attract new clients; (3) Alternatives democratization unlocks $100B+ in net inflows annually, generating higher-margin fee revenue. If all three materialize, BlackRock could deliver 12-15% EPS growth—justifying 30-32x P/E and $1,400-1,500 stock price. The bear case is fee wars (Vanguard cuts to zero basis points), regulatory breakup (forced divestiture of concentrated holdings), or prolonged bear market (20% decline cuts revenue $4B, crushing margins). At $1,203, the stock is priced for perfection—upside requires flawless execution.

Conclusion

Hold for existing investors, selective buy on weakness below $1,100 (25x P/E). BlackRock is a wonderful business at a full price—the combination of 1.78% dividend, buybacks, and secular growth creates a path to 8-10% annual returns, but limited margin of safety at current levels. Best suited for long-term quality growth portfolios rather than value seekers. If you believe passive investing will continue taking share from active management, BlackRock remains the purest play with lowest execution risk.
Bull Case
$1,500 (25% upside) - ETF assets hit $20T, Aladdin scales to $3B revenue, alternatives AUM reaches $800B
Base Case
$1,250 (4% upside) - Steady 7-9% AUM growth, modest Aladdin expansion, fee compression continues
Bear Case
$900 (25% downside) - Market correction erases $2T AUM, fee wars accelerate, regulatory breakup concerns emerge

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