12:30 AM EDT, 10/15/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We raise our 12-month target price by $95, to $1,340, valuing BLK shares at 22x our newly initiated 2027 adjusted EPS estimate of $60.50, and at 25x our 2026 EPS estimate of $53.40 (trimmed today by $0.10). We also lowered our 2025 EPS estimate by $0.25, to $47.50, reflecting Q3 reported EPS of $11.55 (vs. our $12.10 EPS estimate, on a 10% higher share count) and a $0.30 increase in our Q4 EPS estimate, to $12.60. BLK posted 17% revenue growth in the first nine months of 2025, at the upper end of our 12%-17% revenue growth forecast, reflecting 19% growth in fees amid strong asset inflows, a recovery in asset values, and contributions from acquisitions, and a 23% rise in technology service and subscription revenues (also aided by an acquisition). We keep our 12%-17% revenue growth forecast for 2025, and see a 10%-15% rise in revenues in 2026. We think the successful execution of BLK's "three pillars of growth" strategy - ETFs, alternative assets, and technology revenues - providing a catalyst to outperform.