BlackRock: The Business Is Becoming Much More Than An Asset Manager

TQP Research 326 Followers Follow Summary BlackRock is reiterated as a buy with a new price target of $1,256, reflecting an 11% upside plus a 2.05% dividend yield. BLK's strategic diversification into private markets, technology, and AI infrastructure is driving higher fee revenue and reducing macroeconomic sensitivity. Q2 results highlight 31% revenue growth, 39% adjusted operating income growth, and robust net inflows, especially from institutional ETF and private market clients. Private credit and AI infrastructure financing pose risks, but BLK's premium valuation is justified by durable growth and expanding business lines. lolloj/iStock via Getty Images Thesis I last covered BlackRock ( BLK ) in July 2025, when I initiated a Buy rating in my original coverage and estimated a fair price per share of $1,152, which assumed 7% upside from the price at This article was written by TQP Research 326 Followers Follow TQP Research is run by a Certified Public Accountant (CPA) with several years of experience in structured finance and banking. TQP Research follows a value-oriented investment approach by identifying businesses that meet the criteria for long-term success taught by Warren Buffett, Charlie Munger, and Walter Schloss, to name a few. Investment topics will primarily include: Market analysis and macroeconomic trends, large-cap blue chip companies, deeply undervalued micro-cap and small-cap stocks that most institutional investors will avoid, and technology and market news. TQP Research enjoys actively engaging with members of the community. Please feel free to reach out with any questions or ideas! Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.