Valued at a market cap of $162.3 billion, BlackRock, Inc. (BLK) is an asset management firm, known for providing investment and risk management services to institutional and retail clients. The New York-based company manages trillions of dollars in assets across equities, fixed income, alternatives, and multi-asset strategies. It is expected to announce its fiscal Q2 earnings for 2025 on Monday, Jul. 21.

Prior to this event, analysts project this asset management company to report a profit of $10.41 per share, up marginally from $10.36 per share in the year-ago quarter. The company has a promising trajectory of consistently beating Wall Street’s bottom-line estimates in each of the last four quarters. Its earnings of $11.30 per share in the previous quarter outpaced the consensus estimates by a notable margin of 10.2%. 

For the full year, analysts expect BLK to report EPS of $44.92, up 3% from $43.61 in fiscal 2024. Furthermore, its EPS is expected to grow 12.9% year over year to $50.71 in fiscal 2026.

BlackRock has rallied 34.1% over the past 52 weeks, outpacing both the S&P 500 Index's ($SPX) 12.6% rise and the Financial Select Sector SPDR Fund’s (XLF) 26.8% return over the same time frame.

On Apr. 11, shares of BLK surged 2.3% after its mixed Q1 earnings release. On the downside, while the company’s revenue improved 11.6% year-over-year to $5.3 billion, it marginally missed the consensus estimates primarily due to lower investment advisory performance fees. 

Nonetheless, on the upside, its adjusted EPS of $11.30 advanced 15.2% from the year-ago quarter and topped the analyst estimates by a notable margin of 10.2%. This strong bottom-line performance was driven by higher investment advisory and administration fees, increased technology services and subscription revenue, and a 100 basis-point improvement in adjusted operating margin. Additionally, solid year-over-year growth in average assets under management (AUM), supported by strong long-term net inflows in the quarter, might have further bolstered investor confidence.

Wall Street analysts are highly optimistic about BlackRock’s stock, with a "Strong Buy" rating overall. Among 18 analysts covering the stock, 13 recommend "Strong Buy," three suggest “Moderate Buy,” and two indicate “Hold.” The mean price target for BLK is $1,081.88, which indicates a 3.3% potential upside from the current levels.