BlackRock, Inc. will release its second quarter 2026 earnings report before the opening bell on Wednesday, July 15, 2026. Analysts expect the New York-based company to report quarterly earnings of $12.55 per share, up from $12.05 per share in the year-ago period. The consensus estimate for BlackRock’s quarterly revenue is $6.63 billion, compared to $5.42 billion reported last year.

Chairman and Chief Executive Officer Laurence D. Fink, President Robert S. Kapito, and Chief Financial Officer Martin S. Small will host a teleconference call for investors and analysts at 7:30 a.m. ET. The earnings release and supplemental materials will be available on the investor relations section of its website before the call begins.

Analyst Ratings and Price Targets

Several analysts have revised their price targets for BlackRock stock ahead of the earnings announcement. On June 26, 2026, Morgan Stanley analyst Mike Cyprys maintained an Overweight rating and raised the price target from $1,393 to $1,430. UBS analyst Michael Brown maintained a Buy rating and increased the target from $1,235 to $1,270 on April 15, 2026.

Other firms also adjusted their targets on April 15, 2026. Goldman Sachs analyst Alexander Blostein maintained a Buy rating with a new target of $1,313, up from $1,181. Evercore ISI Group analyst Glenn Schorr kept an Outperform rating and raised the target to $1,220 from $1,180. Barclays analyst Benjamin Budish maintained an Overweight rating, lifting the target to $1,310 from $1,290.

Corporate Actions

On May 20, BlackRock declared a quarterly dividend of $5.73 on common stock. The company's shares rose 1.6% to close at $995.73 on Thursday.

Teleconference and Webcast Details

Members of the public interested in participating in the teleconference should dial (312) 471-1353 from the United States or (800) 330-6710 from outside the United States shortly before 7:30 a.m. ET. Participants must reference the BlackRock Conference Call with ID Number 3230408.

A live, listen-only webcast will be accessible via the investor relations section of www.blackrock.com . The webcast will be available for replay starting at 10:30 a.m. ET on Wednesday, July 15, 2026.

BlackRock today provided an update on the progress of its discount management programs for certain closed-end funds, designed to address trading discounts and support shareholder alignment. The programs, which began on January 1, 2026, and are scheduled to run through September 30, 2026, utilize a framework where funds trading at an average daily discount to net asset value (NAV) greater than 10% during the Measurement Period intend to conduct a tender offer. If triggered, the fund would repurchase a minimum of 5% of its outstanding shares at a price equal to 98% of its NAV.

Based on average daily discounts from January 1, 2026, through June 30, 2026, most funds remained below the 10% threshold. However, two funds have exceeded the discount level required to potentially trigger a tender offer. BlackRock will continue to monitor each fund's discount to NAV through the end of the Measurement Period and expects to provide additional updates as the conclusion approaches.

Mid-Year Discount Results

The following table details the average daily discount for funds in the program year-to-date through June 30, 2026:

Program Conditions and Next Steps

Funds that meet the program conditions following the conclusion of the Measurement Period are expected to announce the terms and timing of any resulting tender offers. Any offer to purchase common shares will be made pursuant to an offer on Schedule TO. BlackRock will update performance and other data for the funds on a monthly basis on its website in the "Closed-end Funds" section.