Independent equity research
Is BlackRock (BLK) a Buy, Hold or Sell?
BlackRock — our independent, AI-built valuation and rating, in brief.
BUY (accumulate)
12-mo fair value
$1,300.00
To fair value
+23%
Report dated 2026-07-20 · fair value derived independently of the market price.
The thesis, in brief
World's largest asset manager firing on all cylinders: record 15.3T AUM, 10% organic base-fee growth, margin inflecting, private-markets pivot. Yet 17.6x fwd, 19th pctile. Base +22%
How we value it
We value BlackRock using 20x normalized 2027E adjusted EPS (historical mean). The 12-month fair value is set from that intrinsic estimate first, then compared to the market to read the upside or downside — never anchored to the current price.
What the full report covers
- Business & moat + industry cycle
- Earnings quality & normalized EPS
- Returns on capital (ROIC vs WACC)
- Balance-sheet safety
- Two independent valuations (DCF + multiples)
- Bear / base / bull fair values
- Earnings-call analysis
- Insider activity & positioning
- Technicals (RSI / ADX)
- A falsifiable thesis
Read the full BlackRock report
The complete model, the scenarios, and every number behind the call — plus 38 other names. One subscription, cancel anytime.