January 14, 2026
Finance

BlackRock Poised for Q4 Earnings; Analysts Adjust Price Targets Ahead of Report

Wall Street’s Leading Analysts Share Updated Forecasts as BlackRock Plans Staff Reductions

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Summary

BlackRock, Inc. is set to announce its fourth-quarter earnings on January 15 before the market opens. Analysts anticipate a rise in both earnings per share and revenue compared to the prior year, with consensus estimates at $12.30 EPS and $6.75 billion in revenue. Amid preparations for the earnings release, the asset manager is implementing a modest workforce reduction. Several prominent analysts have provided recent updates on ratings and price targets, reflecting nuanced views on the stock’s prospects.

Key Points

BlackRock is scheduled to announce Q4 earnings on January 15, with analysts expecting EPS of $12.30, up from $11.93 year-over-year.
Projected revenue for Q4 is $6.75 billion, marking a significant increase from $5.68 billion in the same quarter last year.
The company is implementing a workforce reduction of approximately 1% as part of operational adjustments.
Leading analysts have mostly maintained bullish or neutral ratings on BlackRock, with recent nuanced adjustments to price targets ranging from modest increases to slight decreases.

BlackRock, Inc. (NYSE: BLK), the New York-based global asset management company, is preparing to report its financial performance for the fourth quarter prior to the market open on Thursday, January 15. Market consensus from analysts anticipates that BlackRock will deliver earnings per share (EPS) of $12.30 for this period, representing an increase from $11.93 EPS reported in the corresponding quarter last year.

Additionally, expectations for BlackRock's total revenue in this quarter have been raised, with estimates hovering around $6.75 billion. This would mark a significant year-over-year gain from the $5.68 billion recorded in the same quarter a year ago, signaling robust top-line growth for the company.

In the context of strategic operational adjustments, reporting from Bloomberg indicates that BlackRock is planning to reduce its workforce by approximately 1%. This reduction suggests a focused effort by management to optimize organizational efficiency and possibly margin profiles ahead of its earnings announcement.

In trading preceding the earnings release, shares of BlackRock experienced a modest gain, closing at $1,089.54 on Tuesday, representing a 0.1% increase. This slight uptick reflects measured investor positioning ahead of the anticipated earnings figures.

Market participants seeking detailed evaluations can consult analyst stock ratings, which can be filtered by various parameters such as ticker symbol, company name, or recent rating changes via relevant platforms.

Turning to analyst forecasts from some of Wall Street's most precise financial analysts specializing in equity research, there have been several recent revisions in ratings and price targets for BlackRock’s stock:

  • UBS analyst Michael Brown, who boasts an accuracy rate of 68%, maintained a Neutral rating on BlackRock. Notably, on January 12, 2026, Brown increased his price target from $1,180 to $1,218, signaling a moderately more optimistic valuation perspective.
  • Barclays analyst Benjamin Budish, recognized for a 76% accuracy rate, kept an Overweight rating on BlackRock but slightly reduced the price target, lowering it from $1,340 to $1,300 as of January 8, 2026. This change reflects some tempered expectations despite a favorable rating on the stock.
  • Keefe, Bruyette & Woods analyst Kyle Voigt, with a 65% accuracy rate, maintained an Outperform rating but cut the price target marginally from $1,322 to $1,310 on January 8, 2026, indicating a cautious but positive outlook.
  • Morgan Stanley analyst Mike Cyprys, holding a 62% accuracy rate, has upheld an Overweight rating and actually increased the price target from $1,486 to $1,514 as of December 17, 2025, reflecting a notably bullish stance relative to peers.
  • TD Cowen analyst Bill Katz, with a 68% accuracy track record, continues to recommend a Buy rating and has raised his price target from $1,301 to $1,407 as of October 15, 2025, strengthening his positive assessment of BlackRock’s near-term potential.

The diversity in price target revisions and stable maintenance of overweight and buy ratings among key analysts highlight both confidence in BlackRock’s financial strength and some caution contingent on market variables.

Investors contemplating exposure to BlackRock stock may consider these analytical perspectives as part of their due diligence. Additional resources providing comprehensive stock metrics and ratings can be accessed via dedicated financial data services, which offer vital quantitative indicators evaluating momentum, quality, and value of equities.

Risks
  • Economic conditions could impact asset management revenues and client inflows, affecting BlackRock’s actual earnings relative to estimates.
  • Staff reductions may affect operational capacity or employee morale, with uncertain consequences on performance.
  • Variability among analyst price targets reflects some uncertainty surrounding BlackRock's valuation and future growth trajectory.
  • Market volatility around the earnings release could result in price fluctuations independent of fundamental performance.
Disclosure
Education only / not financial advice
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Ticker Sentiment
BLK - neutral
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