Using the PEG framework with analyst consensus forward EPS growth of 25.0% plus 2.2% dividend yield, BlackRock, Inc. has a fair value of $1,354.47 based on NTM EPS (FY2026) of $54.18. The current PEG ratio is 0.64.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
Growth above 25% is capped — hypergrowth may not be sustainable long-term.
| EPS Growth RateForward | 25.9% |
| Dividend Yield | +2.2% |
| Adjusted Growth (clamped 8–25%)Clamped | 25.0% |
| Fair P/E | 25.0x |
| NTM EPS (FY2026) | $54.18 |
| Fair Value | $1,354.47 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $35.42 | — | — |
| FY2026E | $54.18 | +53.0% | 9 |
| FY2027E | $61.78 | +14.0% | 9 |
| FY2028E | $70.67 | +14.4% | 5 |
3Y Forward EPS CAGR: 25.9%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $5.9B | $38.22 | — |
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.
| FY2022 | $5.2B | $33.97 | -11.1% |
| FY2023 | $5.5B | $36.51 | +7.5% |
| FY2024 | $6.4B | $42.01 | +15.1% |
| FY2025 | $5.6B | $35.42 | -15.7% |
4Y Historical EPS CAGR: -1.9%