Goldman Sachs Keeps Their Buy Rating on BlackRock (BLK)
In a report released today, Alexander Blostein from Goldman Sachs reiterated a Buy rating on BlackRock, with a price target of $1,313.00.
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
Blostein covers the Financial sector, focusing on stocks such as Apollo Global Management, BlackRock, and Nasdaq. According to TipRanks, Blostein has an average return of 16.2% and a 68.34% success rate on recommended stocks.
In addition to Goldman Sachs, BlackRock also received a Buy from Evercore ISI’s Glenn Schorr in a report issued yesterday. However, on April 13, J.P. Morgan assigned a Hold rating to 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.
Read More on BLK:
Disclaimer & DisclosureReport an Issue
- BlackRock Earnings Call Highlights ETFs, Margins, Growth
- Crypto Currents: Bitcoin breaks out as $430M in short positions unwind
- Midday Fly By: Amazon to buy Globalstar, J&J posts ‘beat and raise’ report
- Early notable gainers among liquid option names on April 14th
- Morning Movers: Globalstar climbs following deal to be acquired by Amazon
