Barclays Cuts BlackRock (BLK) Price Target to $1,410

Barclays has reiterated its Overweight rating on BlackRock, Inc., setting a price target of $1410.00 on October 15, 2026, a 24.35% upside from the current price.

By EarningsIQ Research Desk · Published Oct 15, 2026, 9:18 PM EDT · Updated Oct 16, 2026, 8:15 PM EDT

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Barclays cut its price target on BlackRock, Inc. ($BLK) to $1,410 from $1,420 on October 15, 2026, and rates the stock "Overweight".

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

Barclays reiterated its Overweight rating on BlackRock, Inc. on October 15, 2026, with a revised price target of $1410.00, down from $1420.00.
Barclays's $1,410 price target implies 24.35% upside from BlackRock, Inc.'s ($BLK) current $1,133.86 share price.
As of October 16, 2026, BlackRock shares were recently trading at $1125.88, which is about 20.2% below the new analyst target.
BlackRock has a market capitalization of approximately $173.6 billion and a P/E ratio of 25.5.

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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated BlackRock, Inc. alert may contain errors. Disclosures

Barclays has reiterated its Overweight rating on BlackRock, Inc. (NYSE: BLK) on October 15, 2026, adjusting its price target from $1420.00 to $1410.00. This change reflects the firm’s outlook on the asset management giant's performance in the current market.

Other Institutional Activity in BlackRock, Inc.

BlackRock, Inc. has seen activity from other institutional investors in the past months. BlackRock itself holds approximately 10.1 million shares valued at about $11.5 billion, following a small increase of 5,066 shares. Vanguard Capital Management LLC owns around 9.3 million shares worth about $10.5 billion, having increased its holdings by 39,735 shares. State Street Corporation has 6.4 million shares valued at about $7.3 billion, with a recent increase of 136,242 shares. In contrast, Temasek Holdings (Private) Ltd reduced its position by 135,396 shares to about 5.2 million shares worth around $5.9 billion, while Bank of America Corporation cut its stake by 647,874 shares to approximately 4.6 million shares valued at about $5.2 billion.

BlackRock, Inc. Stock Up 5.6%

The stock was recently trading at $1125.88, which is above its 50-day moving average of $1106.31 by about 1.8% and above its 200-day moving average of $1060.91 by about 6.1%. However, it is about 6.9% below its 52-week high of $1209.89 and 22.7% above its 52-week low of $917.39. The recent share price is also approximately 15.8% below the average target price of $1336.71 set by analysts.

12-month forecast

$BLK price target

BlackRock, Inc. daily closes and this analyst's $1,410 target. Not advice.

Recent Earnings

In its latest earnings report, BlackRock reported trailing twelve-month revenue of approximately $28.5 billion and an EPS of $43.92. The company has seen a year-over-year revenue growth of 19.1% 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 transactions show that CEO Laurence D. Fink sold 1,905 shares on July 16, 2026, at an average price of $1080.57, totaling about $2.1 million. General Counsel Christopher J.

Analysts Set New Price Targets

On October 15, 2026, several firms maintained their ratings on BlackRock. UBS kept its rating at Buy with a target of $1300.00, Morgan Stanley maintained an Overweight rating with a target of $1531.00, and JP Morgan also kept its Overweight rating with a target of $1449.00. Overall, there are 17 analyst opinions on BlackRock, with a consensus recommendation of Strong Buy and a mean price target of approximately $1336.71.

About BlackRock, Inc.

BlackRock, Inc. is a leading investment management firm that serves a wide range of clients, including institutions, governments, and individuals. The firm specializes in asset management and provides risk management and advisory services. Its recent adjustments in analyst ratings highlight the ongoing interest in its financial performance and market position.

Bottom Line

Investors will want to keep an eye on BlackRock's upcoming earnings report on January 14, 2027, and monitor how the stock performs against the adjusted analyst targets. The recent rating from Barclays and the overall positive sentiment from other analysts suggest continued interest in the firm as it navigates market conditions.