JPMorgan raises target for BlackRock stock to USD 1,435.00

Published on 10/09/2026 at 15:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 7.08 billion, up 30.60 percent year over year. BlackRock stock was EUR 957.50 on October 9, 2026 versus EUR 946.50.

Key points in brief

JPMorgan raised its BlackRock price target from USD 1,364.00 to USD 1,435.00 on October 6, 2026.
BlackRock reported USD 7.08 billion in second-quarter 2026 revenue, up 30.60 percent year over year.
The stock was trading at EUR 957.50 at Lang & Schwarz on October 9, 2026, plus 1.16 percent versus the prior close.
BlackRock is scheduled to report third-quarter 2026 earnings on October 14, 2026, before the NYSE opens.

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.

JPMorgan raised its BlackRock price target from USD 1,364.00 to USD 1,435.00 on October 6, 2026, while keeping an Overweight rating, according to Moomoo. BlackRock stock was trading at EUR 957.50 at Lang & Schwarz on October 9, 2026 at 3:37 p.m. CEST, plus 1.16 percent versus the prior close of EUR 946.50.

Target rises before earnings

The new JPMorgan target is USD 171.50 above the previous USD 1,263.50 reference price level? No. The published change was from USD 1,364.00 to USD 1,435.00, a USD 71.00 increase. The note kept the Overweight rating, giving the latest analyst action a clear earnings-season backdrop.

BlackRock reported USD 7.08 billion in revenue for the second quarter of 2026, up 30.60 percent from the same period a year earlier. Adjusted? The reported figure and comparison were carried by MarketBeat, which also reported earnings per share of USD 13.91 against a USD 12.69 consensus estimate.

What comes next for earnings?

BlackRock announced on September 30, 2026, that it will report third-quarter 2026 earnings before the New York Stock Exchange opens on October 14, 2026. The investor call is scheduled for 7:30 a.m. ET on the same date.

The chronology is straightforward. On July 15, 2026, BlackRock reported USD 7.08 billion in second-quarter revenue. On September 30, 2026, it announced the October 14 reporting date. On October 6, 2026, JPMorgan raised its target to USD 1,435.00.

Stock remains below its high

Finance data placed the NYSE quote at USD 1,072.67 at 9:43 a.m. ET on October 9, 2026, with a market capitalization of USD 166.3 billion. The one-year range was USD 917.39 to USD 1,219.94, leaving the share price 12.07 percent below the high.

For investors, the upcoming earnings release now provides the next measurable test for the valuation case. BlackRock's second-quarter net income attributable to common shareholders was USD 1.91 billion, while operating cash flow was USD 1.23 billion for the same period.

Price and trading context

At Lang & Schwarz, BlackRock stock was trading at EUR 957.50 on October 9, 2026 at 3:37 p.m. CEST, up 1.16 percent versus the EUR 946.50 prior close from October 8, 2026. The next dated events are October 14, 2026, third-quarter earnings, and October 14, 2026, the 7:30 a.m. ET investor call. The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.