Why BlackRock stock moves
BlackRock rose with the market.
Written after the close on ·
Why today
16,437 news analyzed todayBlackRock rose with the market.
Over the same day the S&P 500 also rose slightly, so BlackRock moved roughly with the market.
Over the last five trading days the stock rose clearly while the S&P 500 fell sharply, so it moved against the market.
The Financial Services sector ETF rose slightly over that week, so BlackRock outpaced its sector.
Its move was an ordinary size for BlackRock.
Today's move of +0.70% was 0.6 times a normal day's 1.2%. S&P 500 moved +0.31% on the same day.
BlackRock +0.70%S&P 500 +0.31%In step with the market
What analysts expect, and how often they have been right
Analysts’ estimates for BlackRock.
BlackRock earned more than expected in 8 out of 8 reports.
For comparison, about 82% of reports from US companies beat the estimate in the last three years.
The share moved in the same direction as the earnings surprise in 7 out of 8 reports with a measured move, against about 55% of reports from US companies.
Ratings
Price targets
Latest price $1,178.87
Earnings against expectations, and the share’s reaction
Expected EPSAbove estimateBelow estimateAs expected$
Next reported quarter: expected earnings per share of $15.47 (January 14). For the current fiscal year, expected earnings per share changed from $56.23 three months ago to $57.85 now. 2026 estimate: $57.85. 2027 estimate: $64.82.
Has the share price followed the business?
Price and earnings moved in the same direction: 2 out of 3 years. Across US companies, that happens in about 65% of years. In 2025, the price changed +4% and earnings per share −16%.
Revenue, profit and market cap
RevenueProfitMarket capHatched bars: analysts’ estimates.$B
Assets, liabilities and market cap
AssetsLiabilitiesMarket cap$B
Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): $182.0BRevenue 2025: $24.2B
What the key figures say about BlackRock
The figures connect what BlackRock earns with what investors pay.
The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.
Profit divided by the number of shares. Each share represents this much of the earnings.
2022–2025: $33.97–$42.01. Peers: Investor 70.04 SEK, EQT 9.73 SEK, Industrivärden 124.61 SEK. 2026 estimate: $57.85 ($56.84–$59.09). 2027 estimate: $64.82 ($60.03–$67.84).
What the company sold during the year.
2022–2025: $17.9B–$24.2B. Peers: Investor 282.4 bn SEK, EQT 3.0 bn EUR, Industrivärden 54.2 bn SEK. 2026 estimate: $29.5B ($29.4B–$30.0B). 2027 estimate: $32.8B ($32.1B–$33.5B).
The percentage of revenue left after the costs of running the business.
2022–2025: 32.7%–36.9%. Peers: EQT 39.8%.
Profit as a percentage of shareholders’ money in the company.
2022–2025: 9.9%–14.0%. Peers: Investor 21.5%, EQT 13.9%, Industrivärden 27.2%.
The price investors pay for each unit of annual earnings per share. Not shown for a loss.
2022–2025: 20.9–30.3. Peers: Investor 6.1, EQT 31.5, Industrivärden 4.2. 2026 estimate: 20.4. 2027 estimate: 18.2.
What investors pay for each unit the company sells.
2022–2025: 5.94–7.78. Peers: Investor 4.65, Industrivärden 4.20. 2026 estimate: 6.17. 2027 estimate: 5.55.
Money paid to shareholders per share, summed by calendar year.
2017–2025: $10.00–$20.84.
The ordinary yearly dividend as a percentage of the share price.
2022–2025: 1.9%–2.8%. Peers: Investor 1.3%, EQT 1.6%, Industrivärden 1.7%.
Net debt divided by operating earnings before depreciation and amortisation.
2022–2025: -0.11–0.08. Peers: Investor 0.49, EQT -2.26, Industrivärden 0.07.
More key figures
Market cap divided by shareholders’ equity, what remains after liabilities.
2022–2025: 2.81–3.34. Peers: Investor 1.19, Industrivärden 1.02.
Market cap plus net debt, divided by operating earnings. This includes debt.
2022–2025: 16.1–20.2.
Cash left after investments, divided by the number of shares.
2022–2025: $22.91–$30.34. Peers: Investor 6.20 SEK, EQT 0.32 EUR, Industrivärden 21.28 SEK.
The percentage of assets financed by shareholders’ equity.
2022–2025: 31.9%–34.3%.
The dividend explained
A dividend is money paid to shareholders. BlackRock paid $22.40 per share in the twelve months through November 6, 2026.
On the ex-dividend day, September 8, 2026, BlackRock traded without the right to the $5.73 dividend. The price went from $1,122.29 to $1,095.37; including the dividend, the day's change was −1.9%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.
2017: $10.002018: $12.022019: $13.202020: $14.522021: $16.522022: $19.522023: $20.002024: $20.402025: $20.842026 so far: $17.19
What to watch next, and why
The earnings report shows how BlackRock's revenue and profit have changed.
- Earnings report
The earnings report shows how BlackRock's revenue and profit have changed.
Add to calendar
Earnings report
Next report: · Add to calendar · Google Calendar
On its last 15 report days BlackRock usually moved about 3.0%. On a normal day it moves 1.2%.
+0.72% +6.63% +3.02% +5.93%
$10,000 in BlackRock bought on November 7, 2016 is worth $42,200 today, with dividends reinvested.
The same amount in S&P 500 with dividends would have become $40,400.
What would $10,000 in BlackRock be worth today? →
What would $10,000 in BlackRock be worth today?
$42,200
with dividends reinvested, bought on November 7, 2016. The same amount in S&P 500 with dividends would have become $40,400.
The five biggest days of the journey
· −13.7% · the whole market fell 12.0% the same day
· +13.5% · the whole market rose 9.4% the same day
· +13.5% · the whole market rose 5.5% the same day
· +12.6% · the whole market rose 6.2% the same day
· −10.7% · the whole market fell 4.3% the same day
Earlier days
+2.73% market −2.70% BlackRock rose clearly over the past five trading days while the S&P 500 fell sharply, so it moved against the market. Read →
BlackRock rose clearly over the past five trading days while the S&P 500 fell sharply, so it moved against the market.
The move was an ordinary size for the stock, and the sector ETF rose only slightly.
Partly, news that Humana's new BlackRock partnership could help its 2027 margin outlook may have supported sentiment.
Bitcoin ETF withdrawals led by BlackRock on Thursday, during a tech-stock selloff, likely weighed on the company.
−4.39% market −4.41% BlackRock fell with the market. Read →
BlackRock fell with the market.
It fell about four times a normal day, in line with the S&P 500, which also fell sharply.
Over the last five trading days the stock was roughly unchanged, while the market fell sharply.
Its next earnings report is on Thursday 14 January 2027.
+5.43% market +1.65% BlackRock rose very sharply without a company-news explanation. Read →
BlackRock rose very sharply without a company-news explanation.
Over the same day the S&P 500 rose sharply, so BlackRock moved more than the market and its sector.
Trading volume was well above its usual level, about twice a normal session.
The stock is at its highest close of the past year, well above its March low.
Over the last five trading days it rose sharply, while the S&P 500 fell slightly.
−0.50% market +0.30% BlackRock fell slightly without a company-news explanation. Read →
BlackRock fell slightly without a company-news explanation.
Over the last five trading days, BlackRock rose slightly while the S&P 500 fell clearly, so it moved against the market.
Its sector, Financial Services, rose clearly over those days, so BlackRock moved in line with its sector.
The latest close sits near the highest level of the past year and well above the lowest.
The session was an ordinary day for BlackRock, with trading around its usual level.
+1.71% market −0.48% BlackRock rose, while the S&P 500 fell slightly. Read →
BlackRock rose, while the S&P 500 fell slightly.
Shares were in line with the Financial Services sector, which also rose sharply.
No company news explains the move clearly, and the week as a whole was higher, against a falling market.
Trading volume was around its usual level.
The main concern in recent news is outflows from its iShares Bitcoin ETF, a fund that holds bitcoin, after a crypto security breach in late October.
−2.44% market −1.77% BlackRock fell, moving in line with the S&P 500. Read →
BlackRock fell, moving in line with the S&P 500.
No company news explains the drop, which came as the broader market also fell hard.
Over the last five trading days the stock rose clearly, while the S&P 500 fell slightly, so BlackRock moved against the market.
Its shares sit near their one-year high set in mid-August, well above the mid-March low.
Likely drivers are the broad market selloff and general investor nerves rather than anything company-specific.
+2.62% market −0.56% BlackRock rose clearly over the week, moving against a slightly lower S&P 500 and outpacing its sector. Read →
BlackRock rose clearly over the week, moving against a slightly lower S&P 500 and outpacing its sector.
Freedom Broker raised its price target, the share price it sees as fair, on strong earnings, which likely supported the shares.
Other news was mostly background, such as a Google lawsuit naming BlackRock as a client and tokenized fund launches.
Its shares are near their highest close of the past year, reached in mid August.
+1.59% market −0.38% BlackRock rose clearly without a company-news explanation. Read →
BlackRock rose clearly without a company-news explanation.
Over the same session the S&P 500 fell slightly, so BlackRock moved against the broad market, while its sector ETF rose sharply, so it moved in line with financial services.
Over the last five trading days BlackRock rose clearly and outpaced both the S&P 500 and its sector, which rose only slightly.
The latest close sits at the highest level of the past year, well above the March low, so the stock has been in a strong uptrend.
Most likely the move reflects sector-wide buying in financial services rather than a company event, since the sector gained sharply on the same day.
−1.67% market −0.52% BlackRock fell, with no company news explaining it. Read →
BlackRock fell, with no company news explaining it.
The S&P 500 also fell clearly that day, so the drop was in line with the broad market.
The Financial Services sector ETF fell sharply, so BlackRock moved with its sector.
Over the last five trading days, BlackRock fell slightly while the sector rose slightly, so it lagged its sector.
Trading was around its usual level, so the move was not driven by unusual volume.
−1.42% market −0.43% BlackRock fell slightly over the last five trading days, more than the broader market, which also dipped slightly. Read →
BlackRock fell slightly over the last five trading days, more than the broader market, which also dipped slightly.
It moved against its sector, which rose slightly.
Earnings beat expectations last week, with strong inflows and fee growth, but that report came before this window and is only background.
The next earnings report is due 14 January 2027.
+1.85% market +0.53% BlackRock rose sharply, with no clear company news behind it. Read →
BlackRock rose sharply, with no clear company news behind it.
BlackRock rose clearly, more than the S&P 500 and its financial sector, which also rose.
Over the last five trading days the stock rose sharply, about three times its usual five-day move, which is a big move for it.
Such moves have happened about seven times in the past year, and the shares sit near their one-year high.
The latest earnings beat expectations, which supports the share price, so investors may be building on that.
+1.21% market −1.11% BlackRock rose slightly without a clear company-specific trigger. Read →
BlackRock rose slightly without a clear company-specific trigger.
The S&P 500 fell sharply that day, so BlackRock moved against the broad market, and its sector rose only slightly.
Likely reasons include the launch of a new active AI ETF in Canada, which is a fund that trades on an exchange and is managed by a team rather than tracking an index, and sentiment lifted by the strong quarterly results released earlier this week, which beat expectations on earnings per share, revenue and assets under management.
Over the last five trading days the shares rose clearly while the market fell, so the gain looks partly driven by investors favouring its results-driven story.
Next, watch the mining-buyback commentary and the next earnings report on 14 January 2027.
+4.80% market −1.97% BlackRock rose clearly over the last five trading days, moving against a market that fell clearly and ahead of a financial-services sector that also rose clearly. Read →
BlackRock rose clearly over the last five trading days, moving against a market that fell clearly and ahead of a financial-services sector that also rose clearly.
The main company-specific support appears to be its earnings release published earlier this week, which beat expectations, with strong growth in assets under management (the total value of money the firm invests for clients) and in its technology services revenue, likely reinforcing investor confidence.
Some of the rise likely also reflects investors favouring firms with recurring fee income when broader markets weakened.
Watch the next earnings report, due in January 2027, for how that momentum holds.
+4.38% market +0.28% BlackRock rose sharply, moving well ahead of both the broad market and its sector, most likely on its third-quarter results released that day. Read →
BlackRock rose sharply, moving well ahead of both the broad market and its sector, most likely on its third-quarter results released that day.
The company reported earnings per share that beat expectations, record assets under management of about $15.5 trillion, and strong net inflows, which signal that clients are steadily putting money into its funds.
Over the full five trading days the stock also rose clearly while the S&P 500 was roughly flat, so the gain reflects company-specific news rather than a market-wide rally.
Investors likely also responded to the upbeat outlook from Chairman and CEO Larry Fink for the seasonally strong fourth quarter.
The next earnings report is due on 14 January 2027.
Learn more · Why do stocks go up and down?