In the latest close session, BlackRock (BLK) was up +1.22% at $1,079.42. The stock outpaced the S&P 500’s daily gain of 0.58%. Meanwhile, the Dow gained 0.49%, and the Nasdaq, a tech-heavy index, added 0.45%.
Heading into today, shares of the investment firm had lost 4.98% over the past month, lagging the Finance sector’s loss of 4.49% and the S&P 500’s gain of 0.84%.
Analysts and investors alike will be keeping a close eye on the performance of BlackRock in its upcoming earnings disclosure. The company’s earnings report is set to go public on October 14, 2026. On that day, BlackRock is projected to report earnings of $14.04 per share, which would represent year-over-year growth of 21.56%. In the meantime, our current consensus estimate forecasts the revenue to be $7.45 billion, indicating a 14.52% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $55.86 per share and a revenue of $28.72 billion, demonstrating changes of +16.16% and +18.61%, respectively, from the preceding year.
Investors should also take note of any recent adjustments to analyst estimates for BlackRock. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we’ve formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0% upward. Right now, BlackRock possesses a Zacks Rank of #3 (Hold).
Digging into valuation, BlackRock currently has a Forward P/E ratio of 19.09. This signifies a premium in comparison to the average Forward P/E of 10.74 for its industry.
One should further note that BLK currently holds a PEG ratio of 1.18. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company’s expected earnings growth rate. Financial – Investment Management stocks are, on average, holding a PEG ratio of 1.02 based on yesterday’s closing prices.
