UBS Raises BlackRock (BLK) Price Target to $1,300

UBS has reiterated its Buy rating on BlackRock, Inc. and raised its price target to $1,300, a 14.65% upside from the current price.

By TradeTexts Research Desk · Published Oct 15, 2026, 9:18 PM EDT · Updated Oct 17, 2026, 5:15 PM EDT

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UBS raised its price target on BlackRock, Inc. ($BLK) to $1,300 from $1,277 on October 15, 2026, and rates the stock "Buy".

Since the rating, $BLK is up 1.2% to date (from the $1,120.78 close on Oct 15, 2026).

BLK BlackRock, Inc.

$1,134.38 +6.26% year to date

Daily close · Oct 16, 2026

Key Points

On October 15, 2026, UBS reiterated its Buy rating on BlackRock, Inc. (NYSE: BLK) and set a new price target of $1,300, up from $1,277.
UBS's $1,300 price target implies 14.65% upside from BlackRock, Inc.'s ($BLK) current $1,133.86 share price.
As of October 16, 2026, BlackRock's stock was recently trading around $1,125.88, which is about 13.4% below the new analyst target.
BlackRock reported a revenue of $28.54 billion over the past twelve months, with a net margin of 24.2%.

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UBS has reiterated its Buy rating on BlackRock, Inc. (NYSE: BLK) and raised its price target to $1,300 from $1,277 on October 15, 2026. This comes as the investment management firm continues to show strong performance in the financial services sector. The recent price target suggests a potential upside for investors, although the stock was trading at approximately $1,125.88 as of October 16, 2026.

Other Institutional Activity in BlackRock

Several other institutional investors have maintained their positions in BlackRock. Blackrock Inc. grew its holdings by 5,066 shares, bringing its total to 10,137,544 shares worth about $11.49 billion. Vanguard Capital Management LLC also added 39,735 shares, ending with 9,280,533 shares valued at approximately $10.52 billion. Meanwhile, State Street Corporation increased its stake by 136,242 shares, totaling 6,414,683 shares worth about $7.27 billion. On the other hand, Temasek Holdings reduced its holdings by 135,396 shares, leaving it with 5,195,165 shares valued at around $5.89 billion. Bank of America Corporation cut its position by 647,874 shares, resulting in 4,585,356 shares worth about $5.20 billion.

BlackRock, Inc. Stock Up 5.6%

BlackRock shares are currently trading above their 50-day moving average by about 1.8% and are 6.1% above the 200-day moving average. However, they remain about 6.9% below the 52-week high of $1,209.89. The stock's recent performance indicates a solid position, but it is still about 15.8% below the mean price target set by analysts.

12-month forecast

$BLK price target

BlackRock, Inc. daily closes and this analyst's $1,300 target. Not advice.

Recent Earnings

In its most recent earnings report, BlackRock posted a total revenue of $28.54 billion and an earnings per share (EPS) of $43.92 over the trailing twelve months. The company achieved a revenue growth of 19.1% year-over-year and maintains a net margin of 24.2%. BlackRock's next earnings report is scheduled for January 14, 2027.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

B- 71/100

Reported Apr 14, 2026

Forward outlook
6 target raises vs 1 cuts.
EPS & revenue
EPS beat estimates by 7.5%. Revenue beat estimates by 3.7%.
Profit surprise
EBITDA missed by 5 percent. Operating income missed by 10 percent.
Pre-earnings setup
Bar was high, analysts already very bullish.
Analyst signal
6 target raises, 1 target cut.
Earnings quality
Gross margin up 33.6 points. Operating margin up 2.3 points. Positive free cash flow.

Earnings Call Summary

BlackRock opened 2026 with one of its best quarters ever, generating one hundred thirty billion dollars in net inflows and eight percent organic base fee growth. Revenue jumped twenty-seven percent to six point seven billion dollars, driven by strong market performance, organic growth across ETFs and private markets, and the impact of acquisitions like HPS and Preqin. Management highlighted accelerating momentum in iShares, record Aperio flows of thirteen billion dollars, and strong institutional demand for private credit despite retail weakness. Larry Fink emphasized that clients are consolidating relationships with fewer managers and choosing BlackRock for its integrated public and private markets platform at global scale.

Guidance BlackRock did not provide new forward guidance in this call. Management reaffirmed its 2030 plan to deliver organic base fee growth of five percent or higher through a diversified public and private markets platform. They expect to continue targeting an adjusted operating margin of forty-five percent or greater, with recurring fee-related earnings margins trending toward fifty percent as private markets scale.

Slightly positive report. The quarter was acceptable, but the forward setup is not strong.

Insider Buying and Selling at BlackRock, Inc.

Insider trading activity at BlackRock shows that Chief Executive Officer Laurence D. Fink sold 1,905 shares on July 16, 2026, at an average price of $1,080.57, totaling approximately $2.06 million. General Counsel Christopher J. Meade also sold 18,095 shares on the same day, valued at about $19.94 million.

Analysts Set New Price Targets

On October 15, 2026, several firms maintained their ratings on BlackRock. Morgan Stanley kept its Overweight rating and raised its target from $1,468 to $1,531. JP Morgan also maintained an Overweight rating, increasing its target from $1,435 to $1,449. Barclays held an Overweight rating with a target of $1,410, slightly down from $1,420, while Wells Fargo maintained its Overweight rating with a new target of $1,250, up from $1,230. The consensus recommendation for BlackRock remains a strong buy, with a mean target price of $1,336.71 based on 17 analyst opinions.

About BlackRock

BlackRock, Inc. is a major investment management firm based in New York, specializing in serving a wide range of clients, including institutional investors and individual clients. The company provides risk management and advisory services, making it a key player in the asset management industry. The recent analyst upgrades reflect confidence in its strong business fundamentals and market position.

Bottom Line

Investors should watch for BlackRock's next earnings report on January 14, 2027, as it may provide further insights into the company's financial health. UBS's reiteration of its Buy rating and the increase in price target underscores the positive outlook for BlackRock in the asset management sector.