How to Buy Blackrock Stock

Blackrock Inc

Blackrock is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker BLK on the NYSE exchange.

Blackrock stock last closed at $973.92, down 0.65% from the previous day, and has increased 24% in one year. It has overperformed other stocks in the Asset Management industry by 0.03 percentage points. Blackrock stock is currently +30.63% from its 52-week low of $745.55, and -10.17% from its 52-week high of $1,084.22.

At the moment, there are 154.88M shares of BLK outstanding. The market capitalization of BLK is $150.84B. In the past 24 hours, 964,064 BLK shares were traded.

How to Buy Blackrock Stock

Not sure how to invest in Blackrock stock? Here's how.

  1. Decide where to buy Blackrock stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Blackrock stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Choose your method of payment and add your information.
  4. Research Blackrock stock: The Blackrock ticker symbol is BLK. Is Blackrock stock a good investment? Should you buy shares of BLK? How do BLK's underlying business fundamentals look? Do top analysts think Blackrock is a good buy? Why has BLK's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if BLK is a good stock to buy).
  5. Make your BLK purchase: Decide if you will purchase BLK shares at the current market price or use a limit order to buy BLK stock at a particular price.
  6. Get notifications regarding your BLK position: Create a watchlist to important notifications about your new investment in Blackrock stock.

Step 1: Decide where to buy Blackrock stock

You need an online brokerage account to access the NYSE market and buy BLK stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal details so you are able to buy BLK today.

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  2. Input your personal data to start a new brokerage account.
  1. Send your info by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you've finished signing up on the stock trading app, your next step is to transfer the money for your investment:

Watch the video below if you need help transferring money into your new brokerage account.

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Step 4: Research Blackrock stock

Once you have identified the best place to buy Blackrock stock, it's absolutely critical to research their stock prior to buying, so you truly wrap your head around the risk and opportunity.

Blackrock quick stats

BLK Price
$973.92
1w %
-1.83%
1y %
24%
5y %
72.09%
P/E
23.8x
P/B
3.66x
P/S
7.44x
PEG
1.63x
Revenue
$19.36B
Earnings
$6.07B
Fore. Rev. Growth
17.64%
Fore. Earn. Growth
16.22%
Market Cap
$150.84B
Next Earnings
Apr 10, 2025
Next Dividend
Mar 24, 2025

BLK Fundamentals

WallStreetZen was built to help everyday investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on BLK's stock page.

Is BLK stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge BLK's true value.

Using relative valuations metrics:

  • BLK may be undervalued based on its P/E ratio of 23.8x, relative to Asset Management industry P/E ratio of 44.88x
  • BLK could be overvalued based on its P/B ratio of 3.66x, relative to Asset Management industry P/B ratio of 2.93x
  • BLK may be overvalued based on its PEG ratio of 1.63x

You can do more valuation analysis on BLK's stock here.

BLK Financial Summary

Positive Financial Indicators:

  • BLK profit margin has gone up from 30.7% to 31.4% in the past year.
  • BLK earnings of $8.31B is not sufficient to cover its interest payments.
  • BLK's operating cash flow of $4.34B allows it to safely service it's debt of $14.18B.
  • Total BLK debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • BLK has a relatively high debt to equity ratio of 2.17.

Is it a good time to buy BLK stock, according to Wall Street analysts?

Out of 11 Wall Street analysts who give recommendations on BLK, the consensus analyst rating on Blackrock is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

Latest BLK Analyst Recommendations

Brian Bedell, a top 3% analyst from Deutsche Bank maintains BLK with a strong buy rating and raises their BLK price target from $1,215.00 to $1,275.00, on Jan 16, 2025.

Deutsche Bank's Brian Bedell raised their price target on Blackrock (NYSE: BLK) by 4.9% from $1,215 to $1,275 on 2025/01/16. The analyst maintained their Strong Buy rating on the stock.

BlackRock reported its Q4 and FY 2024 earnings on 2025/01/15.

Bedell attributed their price target hike to the quarter's "solid" core results.

The analyst said that "key drivers of the earnings beat included a higher-than-expected base fee rate, and much stronger than expected long-term organic growth.

BlackRock's base fee organic growth rate continued to be strong in the quarter at 7%, Bedell detailed.

Earnings Report

Blackrock reported:

For Q4 2024:

  • EPS of $11.93, which beat the Zacks Consensus Estimate of $11.27 and, by 23.5%, Q4 2023’s $9.66.
  • Revenue of $5.68B, which beat the Zacks Consensus Estimate by 2.16% and, by 22.6%, Q4 2023’s $4.63B.

For FY 2024:

  • EPS of $43.61, up 15.5% Y/Y.
  • Revenue of $20.41B, up 14.3% Y/Y.

Management did not provide financial guidance in its press release.

Chairman & CEO Laurence D. Fink commented: “Clients entrusted BlackRock with a record $641B of net inflows in 2024, including $281B in Q4 for two consecutive record flows quarters.

“2024 was also a milestone year for strategic acquisitions grounded in client service, technology, and scale. 

“Our closing of GIP and planned acquisitions of HPS and Preqin are expected to significantly scale and enhance our private markets investment and data capabilities.

“For many companies, periods of M&A contribute to a pause in client engagement. At BlackRock, clients are instead embracing and rewarding our strategy. 

“Client activity accelerated into Q4, resulting in 7% organic base fee growth and 12% technology services ACV growth. Our operating model delivered exceptional performance in a year of meaningful change. 

“Our record organic growth and financial results do not yet reflect the full integration or pending acquisitions of the high-growth businesses of GIP, HPS, and Preqin. And we’ve steadily made organic investments ahead of structural trends that we expect to drive outsized growth in the years ahead.

“In the 25 years since our IPO, BlackRock has delivered a 21% compounded annual total return for our shareholders, compared to 8% in the S&P 500. 

“BlackRock enters 2025 with more growth and upside potential than ever. This is just the beginning.”

Benjamin Budish, a top 1% analyst from Barclays maintains BLK with a strong buy rating and lowers their BLK price target from $1,220.00 to $1,160.00, on Jan 13, 2025.

William Katz, a top 10% analyst from Citigroup maintains BLK with a strong buy rating and raises their BLK price target from $1,150.00 to $1,200.00, on Dec 23, 2024.

Glenn Schorr, a top 9% analyst from Evercore ISI Group maintains BLK with a buy rating and raises their BLK price target from $1,040.00 to $1,160.00, on Nov 7, 2024.

Bill Katz, a top 14% analyst from TD Cowen maintains BLK with a strong buy rating and raises their BLK price target from $960.00 to $1,077.00, on Oct 10, 2024.

You can dig deeper into what analysts are saying on the Blackrock stock forecast page.

BLK Trading Indicators

SMA10
994.43
SMA20
1,014.33
SMA50
1,021.15
SMA100
1,007.98
SMA200
916.81
MACD
-10.53
MACD Signal
-4.6
MACD Histogram
-5.94
RSI
38.34
Stochastic %K
8.53
Stochastic %D
9.51
StochRSI %K
3.94
StochRSI %D
3.08

Is BLK Making Money?

Last year, BLK earnings were $6.07B. During the past 5 year, BLK's earnings have increased by 9.35% per year. This was faster than the Asset Management industry average of 9.23%.

Last year, BLK revenue was $19.36B. During the past five year, BLK's revenue has grown by 6.71% per year. This was slower than the Asset Management industry average of 21.14%.

Find out more about BLK's earnings and revenue performance here.

Who is buying/selling BLK?

Over the last 12 months, executives and large shareholders at BLK have sold more shares than they have bought.

J. Richard Kushel, Senior Managing Director of BLK, was the latest BLK insider to sell. They sold $2,448,423.20 worth of BLK stock on Jan 31, 2025.

Learn more about who owns BLK shares here.

Can I get consistent income from BLK stock?

Blackrock pays a dividend of 1.57%, compared to the Asset Management industry's average dividend yield of 5.83%. If you owned $1,000 of BLK stock, you would have been paid $15.71 in the past 12 months.

Blackrock dividend payments have consistently grown over the past decade but have not remained stable.

Get more info about Blackrock dividend yield and history here.

What others are saying about BLK

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your BLK purchase

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.

Click the Open button and eToro will execute your order.

If you require more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Get notifications regarding your BLK position

Now that you own some shares in BLK, you'll want to keep up with your investment.

Start a watchlist to get the latest updates about your BLK stock.

BLK Feed

How to Buy Stock in Blackrock

To summarize, here are the 6 steps you need to take to buy Blackrock stock right now:

  1. Decide where to buy Blackrock stock
  2. Create your brokerage account
  3. Put funds into your investment account
  4. Research Blackrock stock
  5. Make your BLK purchase
  6. Get notifications regarding your BLK position

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get notifications regarding your investment in Blackrock, create your watchlist below.

NYSE: BLK
$973.92-6.38 (-0.65%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.
NYSE: BLK
$973.92-6.38 (-0.65%)
Updated Feb 14, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Blackrock share?

As of Feb 14, 2025, it costs $973.92 to buy one share of Blackrock stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.103 shares of BLK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Blackrock stock?

According to 11 Wall Street analysts who monitor Blackrock, their consensus recommendation is to buy Blackrock stock.

What is the best way to buy Blackrock stock?

One way to place an order for Blackrock stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.