Exclusive | BlackRock Affected by Loans to Company Charged with 'Stunning' Fraud
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
0mins
Source: WSJ
Fraud Allegations: BlackRock's private-credit investing arm and other lenders are pursuing recovery of over $500 million after being defrauded by Bankim Brahmbhatt, who allegedly fabricated accounts receivable for loan collateral.
Legal Action: The lenders filed a lawsuit in August against Brahmbhatt, the owner of Broadband Telecom and Bridgevoice, highlighting significant issues within the U.S. debt markets.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy BLK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on BLK
Wall Street analysts forecast BLK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BLK is 1336 USD with a low forecast of 1218 USD and a high forecast of 1514 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.
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 1127.780
Low
1218
Averages
1336
High
1514
Current: 1127.780
Low
1218
Averages
1336
High
1514
About BLK
BlackRock, Inc. is an investment management company. The Company provides a range of investment management and technology services to institutional and retail clients. Its diverse platform of alpha-seeking active, private markets, index and cash management investment strategies across asset classes enables the Company to tailor investment outcomes and asset allocation solutions for clients. Its product offerings include single- and multi-asset portfolios investing in equities, fixed income, alternatives, and money market instruments. Its products are offered directly and through intermediaries in a range of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds, separate accounts, collective investment funds and other pooled investment vehicles. It also offers technology services, including the investment and risk management technology platform, Aladdin, Aladdin Wealth, eFront, and Cachematrix, as well as advisory services and solutions.
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.
Tesla's Robo-Taxis Without Safety Drivers Launch in Texas
- Robo-Taxi Launch: Tesla has launched its robo-taxis without safety drivers in Austin, Texas, marking a significant advancement in its autonomous driving technology, although it still trails competitors like Waymo, indicating Tesla's ongoing commitment to innovation in this space.
- Insurance Cost Reduction: Tesla's partnership with Lemonade introduces a pay-per-mile insurance product that offers a 50% discount when full self-driving is activated, alleviating financial burdens for users and enhancing the market appeal of Tesla's autonomous driving services.
- Intensifying Market Competition: Despite advancements, analysts note that Tesla does not hold an absolute lead in the autonomous driving market, suggesting that future competition will be more intense, particularly regarding safety and technological maturity.
- Subscription Model Challenges: Tesla's introduction of a $100 monthly subscription for full self-driving raises potential revenue but faces challenges in consumer acceptance, especially as other manufacturers offer more standard features without additional costs.

Continue Reading
Tesla's Robo-Taxi Launch Marks a New Era
- Robo-Taxi Launch: Tesla has officially launched its robo-taxi service in Austin, Texas, marking a significant advancement in its autonomous driving efforts, although it still lags behind competitors like Waymo, which could impact Tesla's market competitiveness.
- Insurance Cost Reduction: Tesla's partnership with Lemonade introduces a pay-per-mile insurance product that offers a 50% discount when FSD is activated, which not only lowers operational costs for users but may also attract more consumers to Tesla's autonomous driving services.
- Intensifying Market Competition: While Tesla has made strides in autonomous technology, the competition remains fierce, with companies like Waymo and Zoox leading in fully driverless operations, necessitating Tesla to accelerate its technology iterations to maintain market share.
- Subscription Model Raises Concerns: The introduction of a monthly subscription model for FSD may boost short-term revenues, but it could also lead to consumer skepticism regarding long-term value, reflecting challenges in Tesla's market positioning.

Continue Reading





