BlackRock stock reports 31 percent revenue growth before Q3
Published on 10/05/2026 at 14:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BlackRock stock (ISIN US09290D1019) delivered second-quarter 2026 revenue of USD 7.1 billion, up 31 percent year over year, while adjusted earnings per share rose 15 percent to USD 13.91. The company will report third-quarter results before the NYSE open on October 14, 2026, according to BlackRock.
Revenue growth leads into Q3
The Q2 figures strengthened the operating case for the asset manager. Yahoo Finance reported that operating income reached USD 2.9 billion, up 39 percent year over year, while the operating margin reached 45.9 percent, an increase of 260 basis points from the prior year.
BlackRock also generated USD 192 billion of net inflows in Q2 2026, and management said assets under management reached USD 15.3 trillion in the first half. The same earnings-call transcript said technology annual contract value increased 15 percent year over year, giving the upcoming report several operating metrics to track beyond headline revenue.
Analysts set a higher bar
Wells Fargo initiated coverage with an Overweight rating and a USD 1,245 price target on October 1, 2026, as Markets Insider reported. The note described BlackRock as an industry leader with accelerating operating momentum.
MarketBeat cited a Moderate Buy consensus from 18 analysts, with an average 12-month price target of USD 1,304.35, a high of USD 1,479.00 and a low of USD 1,105.00. The average target stood 23.09 percent above the October 2 reference price, putting expectations above the company's already strong Q2 comparison.
Stock was 13.14 percent below high
BlackRock stock was last at USD 1,059.63 on the NYSE on October 2, 2026 at 4:00 p.m. ET, down 0.44 percent from the prior close. The price stood 13.14 percent below the 52-week high of USD 1,219.94, while the market capitalization was USD 164.2 billion.
BlackRock stock details
- Company: BlackRock, Inc.
- ISIN: US09290D1019
- Ticker: BLK
- Trading venue: NYSE
- Price (as of October 2, 2026, 4:00 p.m. ET): USD 1,059.63
- Market capitalization: USD 164.2 billion (as of October 2, 2026)
- 52-week range: USD 917.39-1,219.94 (as of October 2, 2026)
- Sector / Industry: Financial Services / Asset Management
Upcoming dates for BlackRock stock
- October 14, 2026: Third-quarter 2026 earnings release before the NYSE open
