Stock Pulse
BlackRock (BLK) exceeded Q1 2025 earnings forecasts with adjusted EPS of $11.30, driven by growth in fee-based revenue from private markets, ETFs, and systematic active strategies [1], [2]. Despite slightly missing revenue expectations at $5.28 billion [1] and AUM projections of $11.69 trillion due to market declines [1], [9], the company reported long-term net inflows of $84 billion and achieved a record AUM of $11.58 trillion [1], [5]. CEO Larry Fink highlighted the 6% organic base fee growth, the strongest start to a year since 2021 [1], but also expressed short-term concerns about US trade policy uncertainty [2], [4]. While the SEC's approval of options trading on spot Ethereum ETFs, including BlackRock's iShares Ethereum Trust, presents growth opportunities [10], potential headwinds include broader market volatility and a cautious outlook on the financial sector [3], [6], [8].