TD Cowen raises target for BlackRock stock from USD 1,212 to USD 1,405
Published on 10/26/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings and analyst revisions
- TD Cowen lifted its BlackRock target from USD 1,212.00 to USD 1,405.00 on October 20, 2026.
- Third-quarter revenue reached USD 7.752 billion, versus USD 6.509 billion a year earlier.
- BlackRock stock traded at EUR 1,002.40 at 11:31 a.m. CEST at Lang & Schwarz on October 26, 2026.
BlackRock Inc. (ISIN US09290D1019) was trading at EUR 1,002.40 at Lang & Schwarz on October 26, 2026 at 11:31 a.m. CEST. The latest analyst action came from TD Cowen, which raised its price target from USD 1,212.00 to USD 1,405.00 on October 20, 2026, according to Benzinga.
Three steps since the results
BlackRock reported third-quarter 2026 revenue of USD 7.752 billion, up 19 percent from USD 6.509 billion in the year-earlier quarter. Net income attributable to BlackRock reached USD 1.659 billion, compared with USD 1.323 billion a year earlier, while GAAP diluted earnings per share rose to USD 10.57 from USD 8.43, according to the company filing with the SEC dated October 14, 2026.
On October 15, 2026, JPMorgan raised its target from USD 1,435.00 to USD 1,449.00 while keeping an Overweight rating. On October 20, 2026, TD Cowen moved its target from USD 1,212.00 to USD 1,405.00 and upgraded its rating from Hold to Buy, according to Benzinga.
What does the target revision change?
The revision puts the analyst figure at USD 1,405.00, while BlackRock's third-quarter results supplied the operating backdrop. Assets under management stood at USD 15.488 trillion on September 30, 2026, up 15 percent from USD 13.464 trillion a year earlier. Quarterly net inflows totaled USD 205.466 billion, and adjusted operating margin was 47.8 percent, compared with 44.6 percent in the prior-year quarter, according to the SEC.
Stock price and investor view
The operating figures show why the analyst debate now centers on the durability of inflows, fee growth and the contribution from technology and private markets. BlackRock said technology services and subscription revenue increased 14 percent year over year in the third quarter, while the adjusted operating margin reached 47.8 percent.
BlackRock stock was trading at EUR 1,002.40 at Lang & Schwarz on October 26, 2026 at 11:31 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of BlackRock stock.
BlackRock stock at a glance
- Company: BlackRock, Inc.
- ISIN: US09290D1019
- Ticker: BLK
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 26, 2026, 11:31 a.m. CEST): EUR 1,002.40
- Sector / Industry: Financial Services / Asset Management
- Index membership: S&P 500
Market context: Market report S&P 500.
