TD Cowen raises BlackRock target to USD 1,405 for BlackRock stock
Published on 10/27/2026 at 11:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBlackRock earnings and valuation
- TD Cowen lifted its BlackRock target to USD 1,405 on October 20, 2026.
- Third-quarter revenue reached USD 7.75 billion, up 19.00 percent year over year.
- BlackRock stock trades at EUR 1,011.50 at 11:02 a.m. CEST at Lang & Schwarz on October 27, 2026.
BlackRock Inc. (ISIN US09290D1019) was trading at EUR 1,011.50 at Lang & Schwarz on October 27, 2026 at 11:02 a.m. CEST. The latest analyst catalyst came from TD Cowen, which upgraded BlackRock from Hold to Buy and raised its target from USD 1,212 to USD 1,405 on October 20, 2026, according to Markets Insider.
Three dates explain the repricing
On September 30, 2026, BlackRock announced that it would report third-quarter results on October 14, 2026, before the New York Stock Exchange opened, according to BlackRock. On October 14, 2026, revenue for the quarter ended September 30 reached USD 7.752 billion, compared with USD 6.509 billion a year earlier.
That earnings release also showed GAAP net income of USD 1.659 billion and diluted earnings per share of USD 10.57 for the third quarter. The figures were reported by MarketScreener.
What drove the latest result?
BlackRock's third-quarter net inflows totaled USD 205 billion, while assets under management reached USD 15.5 trillion. Adjusted earnings per share rose 38.00 percent year over year to USD 15.93, and the adjusted operating margin reached 47.80 percent, according to the earnings-call transcript carried by Yahoo Finance.
TD Cowen's target implies a higher valuation in US dollars, but it is not directly comparable with the euro quotation. The more immediate operating signal is the combination of 19.00 percent revenue growth and USD 205 billion of quarterly inflows.
Stock price and investor context
BlackRock is a financial-services company focused on asset management and related technology services. Its primary listing is on the NYSE under ticker BLK, while its latest reported quarter ended September 30, 2026.
The stock was trading at EUR 1,011.50 at Lang & Schwarz on October 27, 2026 at 11:02 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.
BlackRock stock facts
- Company: BlackRock, Inc.
- ISIN: US09290D1019
- Ticker: BLK
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 11:02 a.m. CEST): EUR 1,011.50
- Market capitalization: USD 174.6 billion (as of October 26, 2026)
- Sector / Industry: Financial Services / Asset Management
Market context: Market report S&P 500.
