BlackRock, Inc (BLAK34) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of BlackRock, Inc BRL 34.67, price BRL 85.29, upside -59.4%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 28, 2026.
How to read this chart
60‑month range R$36.69 – R$98.19 · fair‑value band R$20.35 – R$45.75 · the R$85.29 price screens above the R$34.67 fair value. Dashed = 300-day average. As of Sep 28, 2026.
BlackRock, Inc. is a publicly owned investment manager.
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BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York, New York with additional offices in A
Stock analysis
BlackRock, Inc (BLAK34) currently trades at R$85.29, while our model-based Fair Value estimate is R$34.67, 59.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of R$42.19 per share, and 0 of the 13 models we run sit above the R$85.29 price.
Bear case: the Asset-Based group reads lowest at R$19.12, and 13 of the 13 models stay below the price. Evidence for this calculation is high.
Scenario range: R$20.35 (bear) to R$45.75 (bull), the price of R$85.29 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
BlackRock, Inc reported revenue of $24.2B in FY2025 versus $19.4B in FY2021, a compound +5.7%/yr. Reported net income was $5.6B in FY2025, compounding −1.5%/yr from FY2021.
Key figures
Market cap R$819B (≈ $157B) · P/E ratio 27.3 · P/S ratio 6.26 · EPS (TTM) R$3.12 · Net margin 22.9% · Return on equity 11.9% · Return on assets (EBIT) 5.0% · Operating margin 35.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 16% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −15% fair-value upside, at −59%, BLAK34 screens richer than that median.
Fair Value models
Bear R$20.35Fair Value R$34.67Bull R$45.75
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+18.7%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+10.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.4%
Start year 2020 (pandemic). Over 10 years: +7.8% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+2.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.1%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.35% → 29%
News mood ⓘNews mood, the average tone of recent news (96 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "BlackRock, Inc Fair Value". https://www.fairvalue-calculator.com/stock/BLAK34
Frequently asked questions
Is BlackRock, Inc (BLAK34) overvalued or undervalued?
As of Sep 28, 2026, our model estimates a fair value of R$34.67 versus a price of R$85.29, about −59% upside (overvalued).
What is the fair value of BLAK34?
Our model-based fair value for BlackRock, Inc is R$34.67 (as of Sep 28, 2026), built from audited fundamentals. The current price: R$85.29.
What is the quality score of BLAK34?
BlackRock, Inc has a Quality Score of 59/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for BlackRock, Inc (BLAK34)?
Our model-based price target is the fair value of R$34.67 (as of Sep 28, 2026) from 13 valuation models. Cautious scenario R$20.35, optimistic scenario R$45.75. It is a calculation from audited fundamentals, not an analyst target.
What is the BlackRock, Inc stock forecast for 2026?
Our models put fair value at R$34.67, about −59% upside versus a price of R$85.29 (overvalued). Cautious scenario R$20.35, optimistic scenario R$45.75. The calculation is refreshed regularly with new filings.
What is the revenue of BlackRock, Inc (BLAK34)?
BlackRock, Inc reported trailing-twelve-month revenue of about $25.6B (latest available figure, as of Sep 28, 2026).
What is the intrinsic value of BlackRock, Inc (BLAK34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BlackRock, Inc it is R$34.67 per share (as of Sep 28, 2026), against a price of R$85.29. It is the blended result of 13 valuation models (cash flow, earnings, asset, dividend).
Is BlackRock, Inc stock overvalued or undervalued in 2026?
As of Sep 28, 2026, BLAK34 trades above its calculated fair value: price R$85.29, fair value R$34.67, a gap of about −59% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BLAK34?
No. The price is what the market pays today (R$85.29); the fair value is what the company's own numbers justify (R$34.67). For BlackRock, Inc the two are R$50.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is BlackRock, Inc worth?
The market values BlackRock, Inc at about R$819B (market capitalisation, as of Sep 28, 2026). Per share that is R$85.29; our models calculate a fair value of R$34.67 per share.
What do the bullish and bearish scenarios say about BLAK34?
Our models span a range for BlackRock, Inc: cautious scenario R$20.35, base R$34.67, optimistic R$45.75 per share (as of Sep 28, 2026, price R$85.29). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is BLAK34 from its 52-week high?
BlackRock, Inc trades at R$85.29, about 13% below its 52-week high of R$98.19 and 16% above the low of R$73.34 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of R$34.67 is for.
Which stocks are comparable to BlackRock, Inc?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is BlackRock, Inc stock attractive at the current price?
The data as of Sep 28, 2026: price R$85.29, calculated fair value R$34.67 (−59%), Quality Score 59/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BLAK34 calculated?
We run BlackRock, Inc through 13 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$34.67, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. BlackRock, Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of BlackRock, Inc (BLAK34)?
The closing price on Oct 2, 2026 was R$85.29. Our model-based fair value is R$34.67, about −59% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BlackRock, Inc right now?
The price sits above even our optimistic bull case (R$45.75). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (R$20.35 to R$45.75) leaves room in how you read the outcome. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of BlackRock, Inc
How large is the market capitalisation of BlackRock, Inc (BLAK34)?
The market capitalisation of BlackRock, Inc is R$819B (≈ $157B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of BlackRock, Inc (BLAK34)?
The price-to-earnings ratio of BlackRock, Inc is 27.3. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of BlackRock, Inc (BLAK34)?
The price-to-sales ratio of BlackRock, Inc is 6.26 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of BlackRock, Inc (BLAK34)?
Earnings per share at BlackRock, Inc are R$3.12 (price ÷ EPS = P/E 27.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of BlackRock, Inc (BLAK34)?
The net margin of BlackRock, Inc is 22.9% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of BlackRock, Inc (BLAK34)?
The return on equity (ROE) of BlackRock, Inc is 11.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of BlackRock, Inc (BLAK34)?
On an EBIT basis the return on assets of BlackRock, Inc is 5.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of BlackRock, Inc (BLAK34)?
The operating margin of BlackRock, Inc is 35.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BlackRock, Inc (BLAK34)?
Revenue at BlackRock, Inc is growing +27.0% versus a year earlier (3y avg +10.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at BlackRock, Inc (BLAK34)?
Earnings per share at BlackRock, Inc are growing +45.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does BlackRock, Inc (BLAK34) generate?
The free cash flow of BlackRock, Inc is $3.6B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does BlackRock, Inc (BLAK34) carry?
The net debt of BlackRock, Inc is $1.3B (fiscal year 2025, ≈ 0.4 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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