BlackRock (BLK) Receives a Buy from Barclays

In a report released today, Benjamin Budish from Barclays maintained a Buy rating on BlackRock, with a price target of $1,290.00.

Claim 30% Off TipRanks

• Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
• Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks

Budish covers the Financial sector, focusing on stocks such as Robinhood, Coinbase Global, and Apollo Global Management. According to TipRanks, Budish has an average return of 7.9% and a 55.05% success rate on recommended stocks.

In addition to Barclays, BlackRock also received a Buy from BMO Capital’s Brennan Hawken in a report issued on April 10. However, on April 9, TD Cowen maintained a Hold rating on BlackRock (NYSE: BLK).

Based on BlackRock’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $7.01 billion and a net profit of $1.13 billion. In comparison, last year the company earned a revenue of $5.68 billion and had a net profit of $1.67 billion

Based on the recent corporate insider activity of 121 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BLK in relation to earlier this year. Most recently, in February 2026, Richard Kushel, the Senior MD of BLK sold 2,385.00 shares for a total of $2,583,790.35.