JPMorgan raised target for BlackRock stock to USD 1,435.00

Published on 10/12/2026 at 12:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan set a USD 1,435.00 target on October 6, 2026. BlackRock stock costs EUR 968.20 on October 12, 2026 against USD 167.8 billion value.

Key points in brief

JPMorgan raised its BlackRock target from USD 1,364.00 to USD 1,435.00 on October 6, 2026.
Second-quarter 2026 revenue reached USD 7.08 billion, up 30.60 percent year over year.
BlackRock traded at EUR 968.20 at Lang & Schwarz on October 12, 2026 at 12:39 p.m. CEST.
BlackRock's market capitalization was USD 167.8 billion as of October 9, 2026.

Luftaufnahme Manhattan Finanzdistrikt bei Sonnenuntergang, Vermögensverwaltung New York — BlackRock Inc. Hauptquartier in New York, Finanzdistrikt Manhattan aus der Luft, ISIN US09247X1019, Illustration mit AI erstellt.

BlackRock stock (ISIN US09290D1019) was at EUR 968.20 at Lang & Schwarz on October 12, 2026 at 12:39 p.m. CEST, while Moomoo reported on October 6, 2026 that JPMorgan had raised its target from USD 1,364.00 to USD 1,435.00. The target revision gives the upcoming results a clear valuation backdrop.

Three dated developments shape the stock

On June 30, 2026, BlackRock's second-quarter revenue reached USD 7.08 billion, up 30.60 percent from the year-ago period, according to Financial Report Insights. The same report put net income at USD 1.90 billion, up 20.20 percent, and diluted earnings per share at USD 12.19, up 19.60 percent.

On September 30, 2026, BlackRock announced that third-quarter earnings would be released before the New York Stock Exchange opened on October 14, 2026. The company scheduled its investor call for 7:30 a.m. ET.

On October 6, 2026, JPMorgan kept its positive stance while lifting the target to USD 1,435.00 from USD 1,364.00, according to Moomoo. The revision places the analyst view above the latest US market quotation of USD 1,082.39 recorded on October 9, 2026.

What does the revenue jump mean?

The 30.60 percent revenue increase was accompanied by a 22.50 percent rise in assets under management to USD 15.345 trillion in the second quarter, according to Financial Report Insights. The composition matters: market appreciation and the HPS acquisition supported the headline growth, while long-term net inflows reached USD 199.1 billion. That mix makes the October 14 report important because investors can compare operating growth with the contribution from higher asset prices.

Next reporting date is October 14

The next dated event is October 14, 2026, when BlackRock is scheduled to publish third-quarter earnings before the New York Stock Exchange opens, followed by a 7:30 a.m. ET call, according to BlackRock.

Market value sets the reference point

BlackRock's market capitalization was USD 167.8 billion as of October 9, 2026. Its primary exchange is the NYSE, where the October 9, 2026 quote was USD 1,082.39 and the 52-week range was USD 917.39 to USD 1,219.94. At Lang & Schwarz, the stock was trading at EUR 968.20 on October 12, 2026 at 12:39 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.