Street View: In a shaky world, BlackRock’s breadth pays off

Morningstar

15/04/2026 09:03

** BlackRock BLK.N reported a rise in first-quarter profit on Tuesday, reflecting strong flows into its exchange-traded funds and a sharp increase in performance fees

** Median PT of 19 brokerages covering the stock is $1,237 & rating "Buy"- data compiled by LSEG

HARD RAIN, STRONG ROOF

** Morgan Stanley ("Overweight," PT: $1,393) says the Middle East conflict has not materially disrupted client activity or flows so far; in the region, BLK continues to see strong client engagement, including co‑investment activity and an expected retirement mandate win

** Morningstar (Fair value: $1,150) expected the first quarter of 2026 to be more challenging due to the impact of the Iran war on equity and credit markets, but notes that BLK benefits from portfolio diversification that helps retain assets during volatile periods

** TD Cowen ("Hold," PT: $1,144) says BLK appeared to power through an increasingly difficult macro quarter, reinforcing that its scale and breadth remain key differentiators; flows remain solid, reflecting strength across asset classes and whole‑portfolio solutions, active and passive strategies, geographies, and client segments

** J.P. Morgan ("Neutral," PT: $1,140) says shifts in both passive and active exchange-traded fund (ETF) market share, measured by assets under management (AUM) and wallet share, could emerge over time as distribution relationships evolve

(Reporting by Akriti Shah in Bengaluru)

((akriti.shah@thomsonreuters.com))