BlackRock Inc. ($BLK) Stock Forecast: Down 4.1% Today

What is BlackRock Inc.?

BlackRock (BLK) is a prominent global investment management corporation, known for its diverse range of financial products and services. The stock is a key player in the financial sector, with a focus on asset management and wealth advisory services.

Why is BlackRock Inc. going down?

BLK stock is down 4.1% on Feb 3, 2026 17:17

• The bearish movement in BlackRock's stock today could be attributed to profit-taking by investors after a period of strong price appreciation and positive news.
• The potential partnership with EQT for an acquisition bid on AES Corp might have raised concerns among investors about the financial implications or strategic direction of the company.
• Despite the positive outlook from CICC Research and other firms, the market may have reacted cautiously to the recent insider selling, which could have signaled uncertainty among investors.
• The entry into India's wealth advice market with Mukesh Ambani's conglomerate might have raised questions about the potential risks and challenges associated with expanding into new markets, leading to a more conservative investor sentiment towards BlackRock.

BLK Price Chart

BLK Technical Analysis

BLK News

BlackRock unit attracts EQT as partner in bid for AES Corp - report

A BlackRock unit has reportedly partnered with EQT in a bid to acquire AES Corp. The article, primarily a headline, indicates early developments in a potential acquisition in the renewable energy sector. Further details about the bid are not yet available.

https://renewablesnow.com/news/blackrock-unit-attracts-eqt-as-partner-in-bid-for-aes-corp-report-1289117/

CICC Research Forecasts Strong Price Appreciation for BlackRock (NYSE:BLK) Stock

CICC Research has increased its price target for BlackRock (NYSE:BLK) from $1,000.00 to $1,250.00, suggesting a potential upside of 13.52%. Several other firms also raised their price targets for BlackRock, contributing to a consensus "Moderate Buy" rating and an average price target of $1,311.11. Despite recent insider selling, institutional investors have increased their holdings, and BlackRock reported strong Q4 2025 earnings, exceeding analyst estimates.

https://www.marketbeat.com/instant-alerts/cicc-research-forecasts-strong-price-appreciation-for-blackrock-nyseblk-stock-2026-02-03/

Ambani, Blackrock enter India’s wealth advice market

Billionaire Mukesh Ambani's conglomerate and Blackrock Inc. have launched JioBlackRock Investment Advisory, an app-based platform to penetrate India's rapidly expanding wealth management sector. This initiative, building on their existing mutual funds partnership, aims to cater to India's vast pool of retail investors with low-cost investment advice, leveraging BlackRock's Aladdin platform. The venture reflects Ambani's strategy of entering competitive markets with scalable, lower-priced offerings, mirroring his success in telecommunications and other industries.

https://www.craincurrency.com/global/ambani-blackrock-enter-indias-wealth-advice-market

Guarantor: JPMorgan Chase & Co.

JPMorgan Chase Financial Company LLC, guaranteed by JPMorgan Chase & Co., is offering Auto Callable Accelerated Barrier Notes linked to the iShares® Bitcoin Trust ETF. These notes are designed for investors seeking early exit at a premium if the ETF performs well, or an uncapped return of 1.50 times appreciation at maturity, but investors risk losing a significant portion or all of their principal due to the volatility of Bitcoin. The notes are expected to price on or about February 27, 2026, and carry substantial risks, including credit risks, market volatility, and the unique challenges associated with cryptocurrency investments.

https://www.streetinsider.com/SEC+Filings/Form+424B2+JPMORGAN+CHASE+%26amp%3B+CO/25935532.html

Federated Hermes Inc. Makes New $6.70 Million Investment in JFrog Ltd. $FROG

Federated Hermes Inc. recently acquired a new stake in JFrog Ltd. (NASDAQ:FROG) worth approximately $6.70 million, purchasing 141,500 shares. This comes as other institutional investors have also adjusted their positions in JFrog, which recently reported strong quarterly earnings, beating analyst estimates and increasing its revenue by 25.5% year-over-year. Analysts currently hold a "Moderate Buy" consensus rating for JFrog, with an average price target of $65.71.

https://www.marketbeat.com/instant-alerts/filing-federated-hermes-inc-makes-new-670-million-investment-in-jfrog-ltd-frog-2026-02-03/

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BlackRock Inc. Price History

21.10.2024 - BLK Stock was up 1.4%

• BLK stock saw a strong bullish movement today, outperforming the market.
• The positive momentum could be attributed to favorable investor sentiment and potential strategic developments within the company.
• Despite the overall bullish trend, there may have been some fluctuations, indicating the stock's sensitivity to market dynamics.
• The comparison with FHI suggests that BLK is being evaluated for its value proposition, which could also influence investor behavior and stock performance.

01.09.2024 - BLK Stock was down 1.9%

• BLK experienced a bearish movement possibly due to significant shareholder change at Caledonia Mining Corporation Plc, which might have raised concerns among investors.
• The expansion of BlackRock into private assets and partnership with Santander could have led to uncertainties about the potential risks and returns associated with these new ventures, impacting BLK's stock negatively.
• The surge in BlackRock's Bitcoin holdings to nearly $24 billion might have diverted some investor focus away from traditional assets like BLK, contributing to the bearish trend.
• The overall market sentiment could have been influenced by Northvolt's announcement of more cuts, creating a sense of caution among investors and affecting the performance of stocks like BLK.

14.10.2023 - BLK Stock was up 5.1%

• BLK had a strong bullish movement today.
• The market movement may have been influenced by the news of BlackRock's applications for spot Bitcoin and Ethereum ETFs, indicating their interest in the cryptocurrency space.
• The brief spike in XRP's value was caused by false rumors of BlackRock filing for an XRP ETF, which later led to a rapid decline in XRP's price.
• The overall market sentiment seems to be positive towards cryptocurrencies, with BlackRock's involvement and the bounce back of major cryptocurrencies like Bitcoin and Ethereum.

05.00.2026 - BLK Stock was up 2.9%

• BlackRock (BLK) experienced a strong bullish movement today, likely influenced by positive market sentiment and recent investment activities.
• The news of a significant new investment in BlackRock reflects growing confidence in the company's future prospects, despite insider selling activities.
• Additionally, the overall bullish market movement in the financial sector may have contributed to the positive momentum for BlackRock.
• The combination of increased institutional investments in related companies further indicates a favorable outlook for the financial industry, potentially boosting investor interest in BlackRock.

03.01.2026 - BLK Stock was down 4.1%

• The bearish movement in BlackRock's stock today could be attributed to profit-taking by investors after a period of strong price appreciation and positive news.
• The potential partnership with EQT for an acquisition bid on AES Corp might have raised concerns among investors about the financial implications or strategic direction of the company.
• Despite the positive outlook from CICC Research and other firms, the market may have reacted cautiously to the recent insider selling, which could have signaled uncertainty among investors.
• The entry into India's wealth advice market with Mukesh Ambani's conglomerate might have raised questions about the potential risks and challenges associated with expanding into new markets, leading to a more conservative investor sentiment towards BlackRock.

15.00.2025 - BLK Stock was up 5.6%

• BLK stock experienced a strong bullish movement.
• The positive movement can be attributed to BlackRock Finance beating Q4 earnings and revenue estimates, with a surprise of 5.86% and 2.16% respectively, showcasing strong financial performance.
• Analysts' projections for key metrics beyond headline estimates also provided investors with confidence in the company's performance, leading to increased buying interest in BLK shares.
• The anticipation of earnings growth in the upcoming report further fueled investor optimism, contributing to the bullish momentum in BlackRock Finance stock.

01.06.2024 - BLK Stock was down 1.7%

• The $3.2 billion acquisition of Preqin by BlackRock in cash may have indicated a strategic pivot towards private markets, prompting uncertainties or reservations among investors regarding the company's traditional investment strategies.
• Reports of Saba Capital Management rectifying BlackRock's potentially misleading annual meeting data could have instilled doubts about the company's governance and performance among investors, contributing to the stock's downward trend.
• Despite favorable market conditions in sectors such as consumer electronics and communication services, a slight pullback in the semiconductor industry and varied performance in the financial services sector might have adversely influenced BlackRock's stock value.

15.06.2024 - BLK Stock was up 0.8%

• BlackRock reported a double-digit increase in adjusted profit for the second quarter of 2024, driven by an 8% increase in revenues. This positive earnings report likely contributed to the bullish movement in BLK stock.
• The company's record-breaking assets under management (AUM) exceeding $10.6 trillion, boosted by strong ETF inflows, also added to investor confidence and drove the stock higher.
• The decision to pull an advertisement featuring Thomas Matthew Crooks, the individual who attempted to assassinate former President Donald Trump, might have initially caused some uncertainty but was overshadowed by the robust financial performance reported by BlackRock.
• Overall, the strong financial results and continued growth in AUM propelled BlackRock's stock to a bullish trajectory despite the temporary distraction caused by the news related to the advertisement featuring the shooter.

15.06.2024 - BLK Stock was up 0.9%

• BlackRock's stock surged as the company announced a record $10.6 trillion in managed assets, reflecting strong growth in its assets under management (AUM).
• The removal of an advertisement featuring the individual who attempted to assassinate former President Trump may have alleviated concerns and restored investor confidence in the company's brand image.
• Despite missing quarterly revenue expectations, the overall positive outlook on the company's AUM growth and ETF performance likely overshadowed any short-term revenue concerns, driving the bullish movement in the stock.

15.00.2026 - BLK Stock was up 6.1%

• BlackRock's strong bullish movement today can be attributed to its record-breaking AUM of $14.042 trillion at the end of December 2025, driven by market gains and record inflows, especially in its iShares ETF platform.
• Despite a profit decline in the fourth quarter due to higher expenses, BlackRock's adjusted earnings per share of $13.16 surpassed analyst expectations, showcasing the company's resilience and strategic management.
• The company's expansion into private markets and strategic acquisitions, aiming for $400 billion in fundraising by 2030, has also contributed to investor confidence and positive market sentiment.
• The outage experienced by Verizon, although unrelated to BlackRock, highlights the importance of reliable services and the potential impact of technical issues on customer experience and company reputation.

15.00.2026 - BLK Stock was up 6.7%

• BlackRock's recent market upswing is supported by its strong financial performance and optimistic market outlook, reflected in its record assets under management (AUM) of $14.042 trillion as of December 2025.
• The company's market gains and substantial inflows, particularly in its iShares ETF platform, have played a significant role in elevating BlackRock's AUM and revenue to unprecedented levels.
• Despite potential challenges from regulatory policies, analysts have expressed confidence in BlackRock's stock, citing a noteworthy organic AUM growth rate of 8.6% in the fourth quarter and a positive long-term outlook.
• While the sale of BlackRock ESG (ECAT) shares by Saba Capital Management garnered attention, it appears that this event did not significantly impact BlackRock's overall positive momentum due to its strong performance and strategic efforts to expand its private markets business.

15.00.2026 - BLK Stock was up 5.5%

• BlackRock's strong bullish movement today can be attributed to the company's better-than-expected adjusted earnings per share in the fourth quarter of 2025, which led to a 2% rise in premarket trading.
• The record-breaking $14 trillion in assets under management showcases BlackRock's continued dominance in the financial industry, attracting investors' confidence in the company's growth prospects.
• The increase in BlackRock's total voting rights in Heidelberg Materials AG to 5.59% may have also contributed to positive sentiment, indicating strategic investment decisions by the company to expand its portfolio and influence in various sectors.