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

Core Insights - BlackRock, Inc. has achieved a record high of $12.53 trillion in assets under management (AUM) for Q2 2025, making it the first asset manager to surpass this milestone [2] - The company's Adjusted EPS for the quarter reached $12.05, exceeding the consensus estimate of $10.66 and reflecting a 16% year-over-year growth [2] - Following a monthly stock performance increase of 3.95% as of September 29, 2025, Citi raised BlackRock's price target from $1,200 to $1,350 while maintaining a Buy rating [3] Company Overview - Founded in 1988, BlackRock, Inc. is the world's largest asset manager, providing investment, risk management, and technology services globally, including the well-known iShares exchange-traded funds [4] - The company currently holds a market capitalization of $188.72 billion, appealing to investors interested in long-term, hands-off portfolio growth [3]