BlackRock (BLK) stock up 0.06% while S&P 500 down 1.07%, analysts bullish

From Nasdaq: 2025-03-18 18:15:18

In the latest trading session, BlackRock (BLK) closed at $958.62, up 0.06% from the previous day. The stock outperformed the S&P 500, which saw a daily loss of 1.07%. Analysts expect BlackRock to post earnings of $10.84 per share, with revenue of $5.49 billion, showing year-over-year growth.

Recent changes in analyst estimates for BlackRock are indicative of evolving business trends. The Zacks Rank system, with a ranking of #3 (Hold) for BlackRock, has historically outperformed, with #1 ranked stocks yielding a +25% annual return. The stock is currently trading at a Forward P/E ratio of 20.2, higher than the industry average.

Zacks experts have identified 5 stocks set to double in 2024, with previous recommendations soaring by as much as +673.0%. These picks are under the radar, providing an opportunity for substantial gains. Stay updated on stock-shifting metrics through Zacks.com for potential investment opportunities.



Read more at Nasdaq: BlackRock (BLK) Gains As Market Dips: What You Should Know