---
title: "These Analysts Boost Their Forecasts On BlackRock After Better-Than-Expected Q3 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302011036.md"
description: "BlackRock reported Q3 results beating estimates, with revenue up 19% to $7.75 billion and adjusted earnings of $15.93 per share. Following the announcement, shares rose 3.3%. Most analysts raised their price targets, including Keefe, Bruyette & Woods, Wells Fargo, JP Morgan, and Morgan Stanley, while Barclays slightly lowered its target."
datetime: "2026-10-15T17:35:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302011036.md)
  - [en](https://longbridge.com/en/news/302011036.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302011036.md)
generator: "portal-rs"
---

# These Analysts Boost Their Forecasts On BlackRock After Better-Than-Expected Q3 Results

**BlackRock Inc**. (NYSE:BLK) on Wednesday reported better-than-expected third-quarter results.

Revenue increased 19% year over year (Y/Y) to $7.75 billion, topping the analyst consensus estimate of $7.52 billion. Adjusted earnings came in at $15.93 per share, ahead of the consensus estimate of $14.13.

Investment advisory, administration fees and securities lending revenue rose to $6.04 billion from $5.05 billion a year earlier. Securities lending revenue increased to $253 million from $203 million, led by higher spreads and increased average balances of securities on loan.

BlackRock shares rose 3.3% to trade at $1,110.00 on Thursday.

These analysts made changes to their price targets on BlackRock following earnings announcement.

-   Keefe, Bruyette & Woods analyst Alex Bond maintained the stock with an Outperform rating and raised the price target from $1,290 to $1,310.
-   Wells Fargo analyst Daniel Welden maintained the stock with an Overweight rating and raised the price target from $1,230 to $1,250.
-   Barclays analyst Benjamin Budish maintained the stock with an Overweight rating and cut the price target from $1,420 to $1,410.
-   JP Morgan analyst Michael Cho maintained the stock with an Overweight rating and raised the price target from $1,435 to $1,449.
-   Morgan Stanley analyst Mike Cyprys maintained the stock with an Overweight rating and raised the price target from $1,468 to $1,531.

**Considering buying BLK stock? Here’s what analysts think:**

*Photo via Shutterstock*

### Related Stocks

- [BLK.US](https://longbridge.com/en/quote/BLK.US.md)
- [BCS.US](https://longbridge.com/en/quote/BCS.US.md)
- [JPM.US](https://longbridge.com/en/quote/JPM.US.md)
- [MS.US](https://longbridge.com/en/quote/MS.US.md)
- [WFC.US](https://longbridge.com/en/quote/WFC.US.md)

## Related News & Research

- [Farther Finance Advisors LLC Grows Stock Position in BlackRock $BLK](https://longbridge.com/en/news/301330492.md)
- [BlackRock Expects Strong Fourth Quarter as AI Investment, Fundraising Grow](https://longbridge.com/en/news/301878076.md)
- [CoreWeave’s 168% Q3 Revenue Growth Splits Analysts: One Sees It ‘Continuing to Destroy Value’](https://longbridge.com/en/news/305198021.md)
- [This Apple Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday](https://longbridge.com/en/news/305194106.md)
- [Lutnick stalled Trump crackdown on diversion of Nvidia chips to China, Axios reports](https://longbridge.com/en/news/305213097.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**