BLK vs JPM: Which Is the Better Buy?
Side-by-side comparison of BlackRock, Inc. and JPMorgan Chase & Co. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-09-21.
BlackRock, Inc. · Financial Services
$1,069.78
+44.0% upside to fair value
High Conviction
Grade A
High Quality
VS
JPMorgan Chase & Co. · Financial Services
$350.13
+26.9% upside to fair value
Med Conviction
Grade A-
High Quality
QuantHub Verdict
BLK has more upside to fair value
(+44.0%).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
BLK |
JPM |
| Current Price |
$1,069.78 |
$350.13 |
| Fair Value Estimate |
$1,540.94 |
$444.48 |
| Upside to Fair Value |
+44.0%
|
+26.9%
|
| Market Cap |
$165.8B |
$938.2B |
| Forward P/E |
—
|
—
|
| EV / EBITDA |
15.9x
|
20.0x
|
| Price / Sales |
6.1x
|
3.1x
|
| Price / FCF |
71.5x
|
—
|
| Revenue Growth YoY |
+30.6%
|
+17.9%
|
| Gross Margin |
55.7%
|
62.6%
|
| Operating Margin |
31.1%
|
28.2%
|
| Return on Equity |
11.7%
|
17.8%
|
| Dividend Yield |
2.09% |
1.71% |
| FCF Yield |
1.4%
|
—
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
BlackRock is the world's largest asset manager, overseeing $15.345 trillion in assets across ETFs, active strategies, alternatives, and the Aladdin investment-technology platform, serving institutional, intermediary, and individual clients globally. The business quality is high: TTM gross margin of 55.7%, operating margin of 31.1%, and net margin of 24.1% reflect the scalability of a fee-based mo…
JPMorgan Chase is a diversified global bank spanning consumer banking, cards, payments, commercial banking, investment banking, markets, treasury services, and asset and wealth management, with an unusually high-quality franchise supported by funding scale, distribution, leading market positions and cross-selling across 86.6 million U.S. consumers and more than 90% of Fortune 500 companies. Busin…
Accumulation Zones
| Metric |
BLK |
JPM |
| Zone Low |
$1,155.70 |
$333.36 |
| Zone High |
$1,309.80 |
$377.81 |
| In Buy Zone? |
Yes
|
Yes
|