On July 14, 2026, Morgan Stanley set a $1,383 price target for BlackRock (NYSE: BLK), suggesting a 33.76% upside from its price of $1,033.98. BlackRock is a global investment manager known for its exchange-traded funds (ETFs) and Aladdin technology platform. This optimistic view comes just before its quarterly results.
This positive outlook aligns with expectations for BlackRock's second-quarter results, due on July 15. As highlighted by Zacks Investment Research, analysts anticipate revenue of $6.75 billion, a 24.5% year-over-year increase. Earnings per share (EPS) are projected to be $12.63, representing a 4.8% rise from the previous year.
The expected growth is driven by strong demand for the company's ETFs. As highlighted by Proactive Investors, analysts at UBS forecast that this demand will offset weaker cash flows. Furthermore, fees from its technology services are expected to climb by 12% year-over-year, adding another revenue stream.
Analyst confidence in BlackRock appears to be growing. In the last 30 days, the consensus EPS estimate for the quarter was revised upward by 2.4%. This follows a strong history, as the company has surpassed earnings expectations in each of the last four quarters, driven by higher revenues and net inflows.
UBS also notes an attractive valuation for the stock, advising clients to hold it. The bank forecasts organic base fee growth of 7.8%, which is at the high end of BlackRock's own guidance. This growth is supported by higher management fees and leaner spending, which are expected to boost operating income.
