BlackRock
Strongest AI-moat story in finance. Q1 2026 — revenue $6.7B (+27% YoY), AUM $13.9T, net income +46%. Aladdin tech services revenue +22% YoY to $530M (annualizing ~$2.1B). HPS Investment Partners (private credit) closed January 2026; Global Infrastructure Partners now fully integrated. April 23 — BlackRock confirmed as anchor investor in Bezos's Project Prometheus $10B raise at $38B valuation alongside JPMorgan, extending positioning beyond the existing $30B AI Infrastructure Partnership into frontier physical AI.
Scenarios
Aladdin switching costs are extreme (multi-year integrations, regulatory sign-offs). AI capabilities compound on platform, widening gap over alternatives.
Serious Aladdin outage or data breach could trigger institutional exits. Competition from in-house AI platforms built by sovereign wealth funds.
Key Factors to Watch
- ●Q1 2026 — Aladdin tech services revenue +22% YoY to $530M; AUM $13.9T; revenue +27% YoY
- ●Project Prometheus anchor investor (April 23) — $10B raise at $38B valuation, physical AI infrastructure bet
- ●$30B AI Infrastructure Partnership positions BlackRock as capital allocator in AI buildout
Score History
| Date | Score | Direction | Note |
|---|---|---|---|
| 2026-03-08 | 8.0 | Very Positive | Score 7.9→8.0 (formula reweight: sb 0.25→0.15, are 0.20→0.25, md 0.20→0.25, dr 0.20→0.25, aam 0.15→0.10) |
| 2026-03-08 | 7.9 | Positive | Score 8.1->7.9 (are 9->7, md 9->10). External research cross-ref: tech services $4.4B on $20B+ revenue (are=7 not 9), but Aladdin $25T ecosystem is impregnable (md=10) |
| 2026-03-08 | 8.1 | Very Positive | Initial assessment from batch 2 research |
Finance Peers
Last researched: 2026-04-25
This is research and analysis, not financial advice. Scores reflect AI impact potential, not investment recommendations.