BlackRock stock carries strong Q2 growth into October results
Published on 09/29/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BlackRock Inc. (ISIN US09247X1019) delivered USD 7.08 billion in second-quarter 2026 revenue, up 30.60 percent year over year, according to MarketBeat on September 11, 2026. The result gives BlackRock stock an earnings anchor before the next scheduled report.
Quarterly growth beats estimates
BlackRock posted quarterly earnings of USD 13.91 per share, exceeding the USD 12.69 consensus estimate by USD 1.22, while revenue topped the USD 6.73 billion estimate, MarketBeat reported on September 11, 2026.
The comparison matters because revenue growth and the earnings beat point to operating momentum ahead of the third-quarter update. BlackRock's business spans mutual funds, exchange-traded funds, separately managed accounts and alternative investments across equities, fixed income and multi-asset strategies.
Analyst target moves lower
Morgan Stanley maintained an Overweight rating but lowered its price target from USD 1,488.00 to USD 1,479.00 on September 25, 2026, according to Yahoo Finance. The adjustment is a counterweight to the strong quarterly comparison because it trims the target by USD 9.00 while leaving the rating unchanged.
Broader analyst coverage still showed a USD 1,322.75 average 12-month target from 16 analysts on September 24, 2026, with a USD 1,190.00 low and USD 1,479.00 high, according to Investing.com. The range shows that expectations remain dispersed even after the second-quarter earnings beat.
October report sets the next checkpoint
BlackRock is scheduled to report third-quarter 2026 results on October 13, 2026, before the market opens, with the conference call listed for 7:30 a.m. ET by MarketBeat. The upcoming report will test whether the 30.60 percent second-quarter revenue increase carried into the next reporting period.
Market value remains below yearly high
BlackRock had a market capitalization of USD 174.1 billion on September 28, 2026, while its NYSE 52-week range stood at USD 917.39 to USD 1,219.94. The stock's latest reported USD 1,071.25 close was USD 148.69 below the yearly high, keeping valuation context tied to both earnings delivery and the October reporting date.
BlackRock stock facts
- Company: BlackRock, Inc.
- ISIN: US09247X1019
- Ticker: BLK
- Primary exchange: NYSE
- Market capitalization: USD 174.1 billion (as of September 28, 2026)
- 52-week range: USD 917.39-USD 1,219.94 (as of September 28, 2026)
- Sector / Industry: Financial Services / Asset Management
- Next earnings date: October 13, 2026
