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StocksMedium•20 April 2026•

1 min read

BMO Capital Markets Raises BlackRock Price Target to $1,250 Following Earnings Beat

Key Facts

1BMO Capital Markets increased BlackRock's price target from $1,200 to $1,250 while maintaining an 'outperform' rating.

2BlackRock exceeded analyst estimates with an EPS of $12.53 and revenue of $6.70 billion, marking a 27% year-over-year growth.

BMO Capital Markets has revised its price target for BlackRock (BLK) upward to $1,250 from $1,200, maintaining an 'outperform' rating on the stock. This revision follows a robust quarterly performance where the world's largest asset manager exceeded market expectations. BlackRock reported an earnings per share (EPS) of $12.53, outperforming analyst estimates. Furthermore, the company's revenue surged by 27% year-over-year to reach $6.70 billion, driven by strong operational growth. The consensus average target price among analysts currently stands at $1,269.06, reflecting sustained bullish sentiment. These financial results underscore BlackRock's dominant position and its ability to deliver significant value amid evolving market conditions.