BlackRock Q4 adjusted EPS beats estimates, AUM hits $14 trillion

Overview

• Investment management firm reported Q4 adjusted EPS beat analyst expectations

• Company's assets under management reached $14 trillion in Q4

• Company highlighted significant net inflows and organic base fee growth in Q4

Outlook

• Company anticipates benefits from GIP and HPS acquisitions in 2026

• BlackRock sees opportunities in expanding product offerings and regions

Result Drivers

• NET INFLOWS - BlackRock reported $698 bln in full-year net inflows, including $342 bln in Q4, driving growth

• ORGANIC GROWTH - 12% annualized organic base fee growth in Q4 driven by broad-based strength across investment products

• MARKET IMPACT - 19% increase in full year revenue due to positive market impact and new product offerings

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the investment management & fund operators peer group is "buy"

• Wall Street's median 12-month price target for BlackRock Inc is $1,296.00, about 18.7% above its January 14 closing price of $1,091.85

• The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 23 three months ago

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