BlackRock
BlackRock is a New York-based asset manager and the world's largest, with $15.3 trillion in assets under management as of June 2026. It conducts research to support investment management and does not operate a sell-side equity research business.
Activity24M
RatingsPrice targetsKey figures
- Stocks covered
- 312M
- Actions
- 412M
- Ratings / Price targets
- 0 / 4
- Median upside
- +4.6%
- Targets raised / lowered
- 2 / 0
- On record
- Apr 2021 – Aug 2026
Overview
BlackRock's research serves its own portfolios and clients rather than the sell-side market: the BlackRock Investment Institute publishes macro and market outlooks, and in-house analysts support its active equity, fixed-income and private-markets strategies. Its Aladdin platform supplies portfolio and risk analytics to institutional investors.
Larry Fink and seven partners founded the firm in 1988 as Blackstone Financial Management, a fixed-income manager backed by the Blackstone Group. It took the BlackRock name in 1992, was sold by Blackstone to PNC in a deal completed in 1995, and listed on the NYSE in 1999. Mergers with Merrill Lynch Investment Managers in 2006 and Barclays Global Investors, owner of iShares, in 2009 built its scale; it added Global Infrastructure Partners in 2024 and HPS Investment Partners in 2025.
Milestones
- 1988
Founded as Blackstone Financial Management
- 1995
PNC completes acquisition of BlackRock from Blackstone
- 1999
Initial public offering on the NYSE
- 2006
Merges with Merrill Lynch Investment Managers
- 2009
Acquires Barclays Global Investors, including iShares
- 2025
Completes acquisition of HPS Investment Partners
Firm facts
- Legal name
- BlackRock, Inc.
- Type
- Other
- Founded
- 1988
- Headquarters
- New York, United States
- Listing
- NYSE: BLK
- Chairman and CEO
- Larry Fink
- Website
- blackrock.com
Research philosophy
Our founders believed they could manage assets in a way that was better for their clients by utilizing their passion for understanding and managing risk.
BlackRock's principles emphasize its fiduciary duty to put clients' interests first. It describes Aladdin, the portfolio and risk management platform built in its early years, as a shared framework for understanding markets and clients' needs. In his 2026 letter to investors, chairman and CEO Larry Fink argued that remaining invested has mattered more than timing the market, and that broader participation in long-term investing can help more people share in economic growth.
Rating methodology
BlackRock does not operate a sell-side equity research business; its research supports its investment portfolios and clients.
Coverage12M
Sectors
Most covered24M
| Stock | Rating | Target |
|---|---|---|
 BlackRock, Inc.BLK | — | $1,364 |
 Domo, Inc.DOMO | — | $2.25 |
 BlackRock TCP Capital Corp.TCPC | — | $4 |
Most active analysts
- Mikhail Paramonov1 notesBLK
Recent actions
| Date | Stock | Rating action | Target | Analyst |
|---|---|---|---|---|
| Aug 7 | BlackRock TCP Capital Corp.TCPC | Target | $4 | |
| Jun 16 | Domo, Inc.DOMO | Target | $2.25 | |
| Jan 23 | BlackRock, Inc.BLK | Target | $1,209 →$1,364 | Mikhail Paramonov |
| Jan 14 | BlackRock, Inc.BLK | Target | $934 →$1,209 | |
| Jul 16, 2024 | BlackRock, Inc.BLK | Target | $915 →$934 | Aidan Hall |
| Jul 12, 2024 | BlackRock, Inc.BLK | Target | $938 →$915 | Aidan Hall |
| Jan 16, 2024 | BlackRock, Inc.BLK | Target | $835 →$938 | Bradley Hays |
| Jul 10, 2023 | BlackRock, Inc.BLK | Target | $835 | Michael Brown |
| Apr 30, 2021 |  Nokia OyjNOK | Target | $4.45 | Achal Sultania |