Morgan Stanley Raises BlackRock (BLK) Price Target to $1,531

Morgan Stanley has reiterated its Overweight rating on BlackRock, raising the price target to $1,531, a 35.03% 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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Morgan Stanley raised its price target on BlackRock, Inc. ($BLK) to $1,531 from $1,468 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

On October 15, 2026, Morgan Stanley reiterated its Overweight rating on BlackRock, Inc. (NYSE: BLK) and raised the price target from $1,468 to $1,531.
Morgan Stanley's $1,531 price target implies 35.03% upside from BlackRock, Inc.'s ($BLK) current $1,133.86 share price.
As of October 16, 2026, BlackRock shares traded recently around $1,125.88, which is about 26.5% below the new target price.
BlackRock has a market cap of approximately $173.6 billion and a P/E ratio of about 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

Morgan Stanley has reiterated its Overweight rating on BlackRock, Inc. (NYSE: BLK) and increased its price target from $1,468 to $1,531 on October 15, 2026. This marks a significant adjustment as the firm maintains a positive outlook on the financial services giant.

Other Institutional Activity in BlackRock, Inc.

Several other funds have also been active with their positions in BlackRock. Blackrock Inc. holds 10,137,544 shares valued at approximately $11.5 billion, having increased its stake by 5,066 shares. Vanguard Capital Management LLC owns 9,280,533 shares worth about $10.5 billion, with a gain of 39,735 shares. State Street Corporation has 6,414,683 shares valued at about $7.3 billion, growing its holdings by 136,242 shares. In contrast, Temasek Holdings reduced its shares by 135,396, totaling 5,195,165 shares worth around $5.9 billion, while Bank of America Corporation cut its stake by 647,874 shares, ending with 4,585,356 shares valued at approximately $5.2 billion.

BlackRock, Inc. Stock Up 5.6%

BlackRock shares recently traded around $1,125.88 as of October 16, 2026, which is about 1.8% above its 50-day moving average of $1,106.31 and 6.1% above its 200-day moving average of $1,060.91. However, the stock is 6.9% below its 52-week high of $1,209.89, indicating some distance from its peak.

12-month forecast

$BLK price target

BlackRock, Inc. daily closes and this analyst's $1,531 target. Not advice.

Recent Earnings

For the trailing twelve months, BlackRock reported revenue of approximately $28.5 billion and earnings per share (EPS) of $43.92. The company has shown a year-over-year revenue growth of 19.1% and a net margin of 24.2%. The 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.

Dividend

BlackRock pays a dividend with a yield of 2.05% and a payout ratio of 52.4%.

Insider Buying and Selling at BlackRock, Inc.

Insider transactions include Chief Executive Officer Laurence D. Fink, who sold 1,905 shares on July 16, 2026, for a total value of approximately $2,058,486 at an average price of $1,080.57. General Counsel Christopher J. Meade also sold 18,095 shares on the same date, with a total value of around $19,942,340.

Analysts Set New Price Targets

On October 15, 2026, UBS maintained a Buy rating for BlackRock with a price target of $1,300, up from $1,277. Additionally, JP Morgan and Barclays both maintained their Overweight ratings, with targets of $1,449 and $1,410, respectively. The consensus recommendation for BlackRock is a strong buy, with an average target price of approximately $1,336.71 from 17 analysts.

About BlackRock, Inc.

BlackRock, Inc. is a leading investment management firm based in New York, NY, serving a wide range of clients including individuals and institutions. The firm's services span asset management and global risk management, making it a key player in the financial services sector.

Bottom Line

Investors should keep an eye on BlackRock's upcoming earnings report on January 14, 2027, and any further analyst updates following Morgan Stanley's recent rating reiteration. This event highlights the firm's confidence in BlackRock despite the current stock price being below the new target.