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    BlackRock (BLK) Hires Credit Suisse CFO, Is The Valuation Gap Enough?

    Simply Wall St·09/15/2026 01:22:56
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    Former Credit Suisse CFO Takes Senior Role at BlackRock

    BlackRock (BLK) has appointed former Credit Suisse chief financial officer Dixit Joshi as managing director for Middle East technology, advisory solutions, and digital assets, a move focused on expanding its regional and Aladdin platforms.

    BlackRock’s recent executive hire lands as the share price trades at US$1,065.60, with the stock down over the past month and year to date, yet still showing a positive 90-day share price return and strong multi year total shareholder returns that point to longer term momentum rather than a short term trend.

    Scan for other asset managers and financials that could benefit from similar leadership shifts and technology initiatives with our curated 15 high quality undiscovered gems.

    BlackRock now trades at US$1,065.60 while analyst targets and intrinsic value estimates point higher, leaving a wide gap to interpret. Is that discount a genuine margin of safety or a signal the market is sceptical?

    Most Popular Narrative: 19% Undervalued

    According to the most followed narrative on BlackRock, the fair value sits at $1,318.96 compared with the last close at $1,065.60. This points to a sizeable valuation gap that investors are now weighing against execution risk and business mix shifts.

    BlackRock has evolved from “an indexed asset manager” into a global platform spanning technology, public markets, and private markets, with a more recurring earnings profile and increasing relevance as financial infrastructure.

    FY 2025 marked a step change in scale, profitability, and business mix, with revenue and AUM materially exceeding the firm’s pre 2024 trajectory.

    See why 31 investors see BlackRock as 19% undervalued.

    Result: Fair Value of $1,318.96 (UNDERVALUED)

    Still, the BlackRock story could be upended if technology bets fail to scale as expected or if acquisition integration drags on profitability.

    Find out about the key risks to this BlackRock narrative.

    Another View: Multiples Paint A Tougher Picture For BlackRock

    The SWS DCF model points to BlackRock trading 7.3% below an estimate of future cash flow value, yet the P/E ratio of 25.1x sits above both the 20.1x fair ratio and the 23.4x peer average. That raises a simple question for investors: Is the current tag a cushion or a crowding risk?

    For anyone weighing that trade off through earnings based lenses, See what the numbers say about this price — find out in our valuation breakdown.

    NYSE:BLK P/E Ratio as at Sep 2026
    NYSE:BLK P/E Ratio as at Sep 2026

    Next Steps

    Mixed signals around BlackRock only matter if you act on them. Move quickly, test the numbers yourself, and weigh both upside and downside using the 4 key rewards and 2 important warning signs.

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    This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.