Block (NYSE: XYZ) has recently received a number of price target changes and ratings updates:
- 8/5/2026 – Block had its “overweight” rating reaffirmed by Morgan Stanley.
- 8/3/2026 – Block was given a new $90.00 price target by Morgan Stanley.
- 7/30/2026 – Block was downgraded by Zacks Research from “strong-buy” to “hold”.
- 7/27/2026 – Block had its “buy” rating reaffirmed by BTIG Research. They now have a $90.00 price target on the stock.
- 7/24/2026 – Block had its price target raised by Truist Financial Corporation from $82.00 to $93.00. They now have a “buy” rating on the stock.
- 7/23/2026 – Block had its price target raised by KeyCorp from $100.00 to $105.00. They now have an “overweight” rating on the stock.
- 7/22/2026 – Block had its price target raised by BMO Capital Markets from $78.00 to $85.00. They now have a “market perform” rating on the stock.
- 7/22/2026 – Block had its price target raised by Cantor Fitzgerald from $88.00 to $95.00. They now have an “overweight” rating on the stock.
- 7/16/2026 – Block had its price target raised by Citigroup Inc. from $100.00 to $115.00. They now have a “buy” rating on the stock.
- 7/16/2026 – Block was upgraded by Clear Str Llc to “hold”.
- 7/16/2026 – Block had its price target raised by Citigroup Inc. from $100.00 to $115.00. They now have a “buy” rating on the stock.
- 7/7/2026 – Block is now covered by Barclays PLC. They set an “overweight” rating and a $100.00 price target on the stock.
- 7/7/2026 – Block was upgraded by Barclays PLC to “strong-buy”.
- 7/2/2026 – Block had its price target raised by Robert W. Baird from $90.00 to $100.00. They now have an “outperform” rating on the stock.
- 6/30/2026 – Block was given a new $100.00 price target by Rosenblatt Securities.
- 6/30/2026 – Block was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
- 6/30/2026 – Block was upgraded by The Goldman Sachs Group, Inc. from “buy” to “buy”.
- 6/30/2026 – Block is now covered by Craig Hallum. They set a “buy” rating on the stock.
- 6/30/2026 – Block was downgraded by Citigroup Inc. from “buy” to “strong sell”.
- 6/30/2026 – Block was downgraded by William Blair to “market perform”.
- 6/30/2026 – Block was upgraded by Deutsche Bank Aktiengesellschaft to “buy”.
- 6/30/2026 – Block is now covered by Jefferies Financial Group Inc.. They set a “hold” rating on the stock.
- 6/30/2026 – Block is now covered by BMO Capital Markets. They set an “outperform” rating on the stock.
- 6/29/2026 – Block was upgraded by Piper Sandler from “underweight” to “overweight”. They now have a $100.00 price target on the stock, up from $58.00.
- 6/10/2026 – Block was upgraded by Zacks Research from “hold” to “strong-buy”.
Insider Buying and Selling
In other news, insider Brian Grassadonia sold 25,908 shares of the company’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $81.64, for a total transaction of $2,115,129.12. Following the sale, the insider owned 531,746 shares of the company’s stock, valued at approximately $43,411,743.44. This represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $81.52, for a total value of $489,120.00. Following the completion of the sale, the director owned 1,613,672 shares in the company, valued at approximately $131,546,541.44. The trade was a 0.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 385,208 shares of company stock worth $29,755,405. 11.37% of the stock is owned by company insiders.
The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.
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