BlackRock stock heads into October 13 earnings after strong quarter
π BlackRock reported USD 13.91 EPS and USD 7.08 billion revenue in Q2 2026, beating analyst estimates.
π Revenue increased 30.60% from the comparable period, driven by strong operational performance.
π° The company achieved a net margin of 24.09% and a return on equity of 14.90%.
π― Analysts maintain a Moderate Buy consensus with an average twelve-month target of USD 1,308.06.
π BlackRock is scheduled to release Q3 2026 earnings on October 13, 2026, before the market opens.
π Consensus estimates for Q3 set a higher bar with expected EPS of USD 14.25 and revenue of USD 7.44 billion.
π Morgan Stanley recently lowered its price target from USD 1,488.00 to USD 1,479.00 while retaining an Overweight rating.
π΅ BlackRock's market capitalization was USD 165.5 billion as of September 30, 2026.
π The stock closed at USD 1,067.94 on September 29, 2026, trading within its 52-week range.
π’ BlackRock operates in the Financial Services / Asset Management sector with headquarters in New York.
- BlackRock delivered USD 13.91 EPS and USD 7.08 billion revenue in Q2 2026, significantly beating analyst consensus estimates.
- Revenue grew 30.60% year-over-year, demonstrating strong organic growth independent of asset market appreciation.
- The company achieved a healthy net margin of 24.09% and a return on equity of 14.90%.
- Wall Street analysts maintain a Moderate Buy consensus with an average twelve-month price target of USD 1,308.06.
- BlackRock's market capitalization stands at USD 165.5 billion as of September 30, 2026.
- Morgan Stanley recently lowered its price target from USD 1,488.00 to USD 1,479.00, though the rating remains Overweight.
- The upcoming Q3 earnings report faces a higher consensus bar with expected EPS of USD 14.25 compared to the previous quarter's beat.