BLK vs MS: Which Is the Better Buy?
Side-by-side comparison of BlackRock, Inc. and Morgan Stanley β fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-22.
BlackRock, Inc. Β· Financial Services
$1,042.85
+125.5% upside to fair value
Grade A
High Quality
VS
Morgan Stanley Β· Financial Services
$189.30
-30.5% upside to fair value
Grade C
High Quality
QuantHub Verdict
BLK has more upside to fair value
(+125.5%).
MS trades at a lower forward P/E
(16.4x).
These are model outputs β not personalized investment advice.
See all research β
Valuation & Fundamentals
| Metric |
BLK |
MS |
| Current Price |
$1,042.85 |
$189.30 |
| Fair Value Estimate |
$2,351.12 |
$131.49 |
| Upside to Fair Value |
+125.5%
|
-30.5%
|
| Market Cap |
$162.2B |
$300.6B |
| Forward P/E |
25.9x
|
16.4x
|
| EV / EBITDA |
16.9x
|
24.4x
|
| Price / Sales |
6.3x
|
2.5x
|
| Price / FCF |
45.2x
|
-16.8x
|
| Revenue Growth YoY |
+28.3%
|
+18.8%
|
| Gross Margin |
59.1%
|
58.0%
|
| Operating Margin |
29.9%
|
19.5%
|
| Return on Equity |
12.0%
|
16.7%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.21%
|
β
|
| Analyst Consensus |
Strong Buy
|
Hold
|
Investment Thesis
BlackRock, Inc. is the world's largest asset manager with over $14 trillion in assets under management, operating primarily in financial services and asset management. The company benefits from a durable competitive moat driven by its scale, technology platform Aladdin, and founder-led management with CEO Laurence D. Fink at the helm since inception. BlackRock exhibits strong fundamentals includiβ¦
Morgan Stanley is a leading global financial services firm operating in Institutional Securities, Wealth Management, and Investment Management. The company benefits from a durable competitive moat supported by its systemically important status, diversified revenue streams, and strong management with a 36-year veteran CEO. Despite solid fundamentals including 14.2% revenue growth in 2025 and 16.7%β¦
Accumulation Zones
| Metric |
BLK |
MS |
| Zone Low |
$1,763.34 |
$98.62 |
| Zone High |
$1,998.45 |
$111.77 |
| In Buy Zone? |
Yes
|
No
|