BlackRock’s shares soared after reporting a strong fourth quarter in 2025 with revenue up 23% to $7 billion, beating estimates. Assets under management reached a record $14.04 trillion. The stock gained 6% to over $1,150, rebounding from a tough 2025. BlackRock’s strategy into private markets is paying off, with net inflows exceeding expectations and organic base fee growth at 12%. The company increased its dividend by 10% and plans more share buybacks. BlackRock’s acquisitions in 2025, including HPS Investment and Global Infrastructure Partners, are expected to drive future growth. Maintaining a 2 rating and $1,300 price target.

Read more at CNBC: BlackRock’s blowout earnings pass our test with flying colors. What about 2026?