BlackRock Generates Industry-Leading ETF Inflows Of $390 Billion In 2024: Here Are Five iShares ETFs That Investors Should Look Out For
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 16 2025
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Source: Benzinga
BlackRock's Growth in 2024: BlackRock Inc reported exceptional growth with $390 billion in net inflows into its ETFs, driven by strong performance and new product launches, including a record $41 billion in digital assets exchange-traded products.
Strong Financial Results: The company exceeded expectations with a 23% year-over-year revenue increase to $5.68 billion, contributing to total net inflows of $641 billion for the year and an expansion of assets under management to $11.6 trillion.
Analyst Views on QNXT
Wall Street analysts forecast QNXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for QNXT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
