BlackRock Hits Record AUM as Analysts Boost Price Target and Stock Gains

BlackRock, Inc. (NYSE:BLK) is one of the 12 Set-It-and-Forget-It Stocks to Buy Now.

The company reaches a new high in AUM, and it is followed by a positive monthly performance and a massive price target rise.

BlackRock Hits Record AUM as Analysts Boost Price Target and Stock Gains

On July 15, 2025, BlackRock, Inc. (NYSE:BLK) reported a record high $12.53 trillion in assets under management (AUM) for the second quarter of 2025. With this figure, the company became the first asset manager to surpass $12 trillion in AUM. Subsequently, the company’s Adjusted EPS for the quarter reached a significant $12.05, surpassing the consensus estimate of $10.66 and achieving 16% growth in comparison to the quarter a year ago.

With the company’s monthly stock performance reaching a 3.95% uptick as of September 29, 2025, Citi raised BlackRock, Inc. (NYSE:BLK)’s price target significantly from $1,200 to $1,350, while reiterating the stock’s Buy rating.

BlackRock, Inc. (NYSE:BLK) holds a market cap of $188.72 billion, promising broad asset management exposure to potential investors interested in long-term, hands-off portfolio growth.

Founded in 1988, the New York-based company, BlackRock, Inc. (NYSE:BLK) is the world’s largest asset manager. It provides investment, risk management, and technology services, including the popular iShares exchange-traded funds, to clients across the world.

While we acknowledge the risk and potential of BLK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BLK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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