Wells Fargo sets USD 1,245 target for BlackRock stock
Published on 10/02/2026 at 16:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
BlackRock Inc. (ISIN US09290D1019) was trading at EUR 956.10 at Lang & Schwarz on October 2, 2026 at 4:05 p.m. CEST, versus the prior close of EUR 947.10. On October 1, 2026, Wells Fargo began coverage with an Overweight rating and a USD 1,245.00 price target, according to GuruFocus.
Wells Fargo sets a clear benchmark
The target is 15.50 percent above the USD 1,077.95 intraday NYSE quote at 10:13 a.m. EDT on October 2, 2026. That comparison uses the US listing and is separate from the euro reference price used for the German investor perspective.
Wells Fargo's coverage adds a fresh analyst benchmark to BlackRock's market narrative. The report cited the asset manager's market position and operating performance, while the target places the emphasis on continued execution across exchange-traded funds, private markets and technology services.
Second-quarter revenue supplies support
BlackRock reported USD 7.08 billion in revenue for the second quarter of 2026, up 30.60 percent from the same quarter a year earlier, according to MarketBeat. The same report said quarterly earnings per share reached USD 13.91 against a USD 12.69 consensus estimate, a USD 1.22 difference.
The revenue increase gives the analyst target a measurable operating backdrop, but it also raises the bar for the next report. BlackRock's second-quarter operating profit was USD 2.46 billion, while total assets stood at USD 175.9 billion for the period ended June 30, 2026.
October results are the next test
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. Management is scheduled to hold its investor call at 7:30 a.m. ET, making the release the next dated checkpoint for the USD 1,245.00 target.
BlackRock stock stays below its yearly high
The NYSE listing has a 52-week range of USD 917.39 to USD 1,219.94 as of October 2, 2026, with market capitalization of USD 167.1 billion. The stock's position inside that range gives investors a valuation reference while the upcoming earnings report tests whether second-quarter growth can continue.
At Lang & Schwarz, BlackRock stock was trading at EUR 956.10 on October 2, 2026 at 4:05 p.m. CEST, up 0.95 percent versus the prior close of EUR 947.10 on October 1, 2026. The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.
BlackRock stock facts
- Company: BlackRock, Inc.
- ISIN: US09290D1019
- Ticker: BLK
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 2, 2026 at 4:05 p.m. CEST: EUR 956.10
- Change versus prior close: plus 0.95 percent
- Prior close Lang & Schwarz October 1, 2026: EUR 947.10
- Market capitalization: USD 167.1 billion as of October 2, 2026
- 52-week range: USD 917.39-1,219.94 as of October 2, 2026
- Sector / Industry: Financials / Asset Management
- Index membership: S&P 500
- Next earnings date: October 14, 2026
