BlackRock (NYSE:BLK) Price Target Lowered to $1,199.00 at Jefferies Financial Group

BlackRock (NYSE:BLK) had its price objective reduced by Jefferies Financial Group from $1,351.00 to $1,199.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the asset manager’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 25.35% from the stock’s previous close.

BLK has been the topic of a number of other research reports. BNP Paribas Exane upped their price target on shares of BlackRock from $1,290.00 to $1,300.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Deutsche Bank Aktiengesellschaft upped their target price on BlackRock from $1,296.00 to $1,380.00 in a research report on Thursday, January 15th. Evercore dropped their price target on BlackRock from $1,275.00 to $1,235.00 and set an “outperform” rating for the company in a report on Friday, March 6th. Morgan Stanley reduced their price target on BlackRock from $1,550.00 to $1,368.00 and set an “overweight” rating for the company in a research note on Wednesday, April 1st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of BlackRock in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, BlackRock currently has a consensus rating of “Moderate Buy” and an average target price of $1,269.11.

BlackRock Price Performance

NYSE:BLK opened at $956.52 on Wednesday. BlackRock has a 12-month low of $799.15 and a 12-month high of $1,219.94. The firm has a market capitalization of $148.78 billion, a price-to-earnings ratio of 27.00, a P/E/G ratio of 1.24 and a beta of 1.48. The stock’s 50 day moving average price is $1,023.24 and its two-hundred day moving average price is $1,073.39. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.37.

BlackRock (NYSE:BLK) last posted its earnings results on Thursday, January 15th. The asset manager reported $13.16 earnings per share for the quarter, topping analysts’ consensus estimates of $12.55 by $0.61. BlackRock had a return on equity of 14.78% and a net margin of 22.93%.The business had revenue of $7.01 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same period in the previous year, the firm earned $11.93 EPS. The firm’s revenue was up 23.4% compared to the same quarter last year. On average, analysts anticipate that BlackRock will post 47.41 earnings per share for the current year.

Insider Buying and Selling

In other BlackRock news, Director J. Richard Kushel sold 20,000 shares of the firm’s stock in a transaction on Wednesday, January 21st. The stock was sold at an average price of $1,125.00, for a total value of $22,500,000.00. Following the sale, the director owned 61,894 shares of the company’s stock, valued at approximately $69,630,750. This trade represents a 24.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Martin Small sold 27,047 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $1,171.14, for a total value of $31,675,823.58. Following the transaction, the chief financial officer directly owned 10,557 shares of the company’s stock, valued at $12,363,724.98. This trade represents a 71.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 111,319 shares of company stock valued at $123,999,249 over the last 90 days. 1.98% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in BlackRock by 1.6% during the 4th quarter. Vanguard Group Inc. now owns 14,062,677 shares of the asset manager’s stock worth $15,051,846,000 after purchasing an additional 221,123 shares in the last quarter. State Street Corp grew its stake in shares of BlackRock by 0.5% during the fourth quarter. State Street Corp now owns 6,264,545 shares of the asset manager’s stock worth $6,705,193,000 after buying an additional 33,752 shares during the last quarter. Corient Private Wealth LLC lifted its stake in shares of BlackRock by 5,190.3% in the 4th quarter. Corient Private Wealth LLC now owns 5,490,422 shares of the asset manager’s stock valued at $5,876,618,000 after acquiring an additional 5,386,640 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of BlackRock by 3.0% during the 4th quarter. Bank of America Corp DE now owns 5,197,904 shares of the asset manager’s stock valued at $5,563,524,000 after acquiring an additional 149,902 shares in the last quarter. Finally, Capital Research Global Investors boosted its holdings in shares of BlackRock by 0.3% during the 4th quarter. Capital Research Global Investors now owns 3,838,937 shares of the asset manager’s stock valued at $4,108,968,000 after acquiring an additional 12,019 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

BlackRock News Roundup

Here are the key news stories impacting BlackRock this week:

• Positive Sentiment: Analysts revised forecasts ahead of BlackRock’s Q1 report, with some expecting higher earnings, which could support near-term results. BlackRock Likely To Report Higher Q1 Earnings
• Positive Sentiment: BlackRock filed to launch an iShares Nasdaq‑100 ETF (ticker IQQ), a direct challenge to Invesco’s QQQ that could capture fee‑sensitive flows and expand AUM if priced aggressively. BlackRock files for Nasdaq-100 fund
• Positive Sentiment: Spot crypto ETFs continue to generate sizable inflows (BlackRock-led buys in recent Bitcoin ETF surge), supporting fee income and demonstrating product demand. Bitcoin ETFs See Strongest Single-Day Inflow
• Neutral Sentiment: Barclays trimmed its price target (to $1,290) but kept an Overweight rating — signaling confidence in the franchise while moderating upside. Wall Street sets BlackRock stock price target
• Neutral Sentiment: BlackRock’s Global Infrastructure Partners (GIP) is among bidders for Associated British Ports — a potential deal avenue for GIP but not an immediate earnings driver for BlackRock the public company. Top UK Port Operator’s £10 Billion Sale Draws KKR, GIP, DP World
• Negative Sentiment: BlackRock reported >$20B of on‑chain crypto portfolio value decline in Q1 as falling prices offset Bitcoin accumulation and Ethereum outflows — a headline that highlights volatile crypto exposures and pressure on crypto-related AUM. BlackRock sees over $20 billion in cryptocurrency outflows in Q1 2026
• Negative Sentiment: BlackRock’s India ETF has seen heavy outflows amid geopolitical/energy concerns, demonstrating regional flow risks that can dent fee growth in specific product lines. Billions Flow Out of BlackRock’s India ETF
• Negative Sentiment: An investor‑class action inquiry was announced by Pomerantz LLP, which can create legal distraction and potential costs if pursued — a reputational and risk consideration for shareholders. Pomerantz Investigates Claims on Behalf of Investors
• Negative Sentiment: Goldman Sachs cut its price target to $1,181 (maintaining a Buy) — another analyst trim that reduces consensus upside and may weigh on sentiment. Goldman Sachs Lowers BlackRock Price Target

BlackRock Company Profile

BlackRock, Inc is a global investment management firm that provides a broad range of products and services to institutional, intermediary and individual investors. Its core activities include portfolio management across active and index strategies, exchange-traded funds (ETFs) under the iShares brand, fixed income, equity and multi-asset solutions, as well as alternatives such as private equity, real estate and infrastructure. The firm also offers cash management and liquidity solutions and retirement-focused products designed for defined contribution and defined benefit investors.

In addition to traditional investment management, BlackRock is known for its technology and risk management capabilities, most prominently its Aladdin platform, which combines portfolio management, trading and risk analytics and is used both internally and licensed to external clients.