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Oct 14, 2025 4:00 PM

Strong Fee Growth And Citi Mandate Boost BlackRock's Outlook

BlackRock Inc. (NYSE:BLK) posted a stronger-than-expected third-quarter performance, fueled by rising performance fees and solid margin expansion, with assets under management climbing to $13.5 trillion.

The firm’s robust organic base fee growth and favorable revenue mix underscore its ability to drive operating leverage, positioning it for continued momentum into year-end.

Following the results, Goldman Sachs analyst Alexander Blostein reiterated a buy rating with a price forecast of $1,312.

Also Read: BlackRock’s CEO Says Crypto Will Grow ‘Rapidly’, Here’s How

Earnings Highlights

BlackRock reported revenue growth of 25% year-over-year (Y/Y) to $6.51 billion, beating the consensus of $6.22 billion. ...