BlackRock Inc. (NYSE:BLK) is a global investment management corporation known for its extensive range of financial products, including exchange-traded funds (ETFs). As of October 21, 2025, UBS maintained its "Hold" rating for BlackRock, with the stock priced at $1,130. Freedom Capital Markets, however, raised its price target for BlackRock to $1,255, as highlighted by StreetInsider.
BlackRock's involvement in significant financial ventures is evident through its ETFs, which are major investors in a $27 billion project by Meta and Blue Owl. This project aims to build a new data center in Louisiana, showcasing BlackRock's interest in tech infrastructure. Such investments underline the company's strategic focus on expanding its influence in the tech sector.
Despite the positive outlook from Freedom Capital Markets, BlackRock's stock has seen a decrease of $30, translating to a -2.59% change. The stock's price today fluctuated between $1,129.54 and $1,159.39. Over the past year, BlackRock's stock has varied significantly, with a high of $1,219.94 and a low of $773.74, reflecting market volatility.
BlackRock's market capitalization is approximately $174.98 billion, indicating its substantial presence in the financial industry. The trading volume for the day is 882,660 shares, suggesting active investor interest. As a key player on the New York Stock Exchange, BlackRock continues to attract attention from investors and analysts alike.