BlackRock Surges to 119th in Trading Volume with $1.34 Billion Turnover Despite Stock Price Decline

On April 4, 2025, BlackRock (BLK) experienced a significant increase in trading volume, with a turnover of $1.34 billion, marking a 65.08% rise from the previous day. This surge placed BlackRock at the 119th position in terms of trading volume for the day. However, the stock price declined by 7.33%, marking the second consecutive day of losses, with a total decrease of 14.47% over the past two days.

BlackRock is anticipated to release its quarterly earnings report next week, with analysts projecting earnings of $10.84 per share, reflecting a 10.5% increase from the same period last year. The company has a history of surpassing Wall Street's earnings estimates, having done so in the past four quarters. In the fourth quarter of 2024, BlackRock exceeded the consensus earnings per share estimate by 5.9%.

BlackRock, Inc. is a leading investment management firm with a market capitalization of $149.3 billion. The company offers a diverse range of financial products, including mutual funds, ETFs, and alternative investments, as well as technology services like Aladdin™ and advisory solutions. Based in New York City, BlackRock serves institutional, intermediary, and individual investors globally, managing assets across equities, fixed income, real estate, and alternative markets.

For fiscal 2025, analysts expect BlackRock to report earnings per share of $47.41, an 8.7% increase from $43.61 in fiscal 2024. Additionally, earnings per share are anticipated to grow nearly 14% year-over-year to $54.03 in fiscal 2026. The company's strong performance in the fourth quarter of 2024, with a 23.5% year-over-year increase in adjusted earnings per share to $11.93 and a 22.6% growth in revenue to $5.7 billion, has contributed to investor confidence. BlackRock's assets under management reached a record $11.6 trillion, driven by $281 billion in net inflows across all major asset classes. The company's technology segment, particularly the Aladdin platform, also saw significant growth, with its annual contract value increasing by 12%.