Several brokerages have updated their recommendations and price targets on shares of Block (NYSE: XYZ) in the last few weeks:
- 11/9/2026 – Block had its price target raised by Cantor Fitzgerald from $95.00 to $102.00. They now have an “overweight” rating on the stock.
- 11/5/2026 – Block had its price target raised by Barclays from $100.00 to $105.00. They now have an “overweight” rating on the stock.
- 11/5/2026 – Block had its price target raised by Wells Fargo & Company from $97.00 to $110.00. They now have an “overweight” rating on the stock.
- 11/5/2026 – Block had its price target raised by Argus from $103.00 to $105.00. They now have a “buy” rating on the stock.
- 11/4/2026 – Block had its price target raised by Raymond James Financial from $97.00 to $100.00. They now have an “outperform” rating on the stock.
- 11/4/2026 – Block had its price target raised by Scotiabank from $82.00 to $89.00. They now have a “sector perform” rating on the stock.
- 11/4/2026 – Block had its price target raised by TD Cowen from $105.00 to $109.00. They now have a “buy” rating on the stock.
- 11/4/2026 – Block had its price target raised by Morgan Stanley from $80.00 to $82.00. They now have an “equal weight” rating on the stock.
- 11/4/2026 – Block had its price target raised by Royal Bank Of Canada from $95.00 to $103.00. They now have an “outperform” rating on the stock.
- 11/4/2026 – Block is now covered by Citizens Jmp. They set a “hold” rating on the stock.
- 11/4/2026 – Block had its price target raised by Susquehanna from $100.00 to $110.00. They now have a “positive” rating on the stock.
- 11/4/2026 – Block had its price target raised by Bank of America from $115.00 to $117.00. They now have a “buy” rating on the stock.
- 11/4/2026 – Block had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $100.00 price target on the stock.
- 11/3/2026 – Block had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 11/3/2026 – Block had its “hold” rating reaffirmed by BMO Capital Markets.
- 11/3/2026 – Block was upgraded by Citigroup from “buy” to “outperform”.
- 11/3/2026 – Block had its price target raised by UBS Group from $96.00 to $105.00.
- 11/3/2026 – Block had its price target raised by BMO Capital Markets from $101.00 to $102.00. They now have a “market perform” rating on the stock.
- 11/3/2026 – Block had its price target raised by Rothschild & Co Redburn from $75.00 to $85.00. They now have a “neutral” rating on the stock.
- 10/28/2026 – Block had its “buy” rating reaffirmed by BTIG Research. They now have a $100.00 price target on the stock.
- 10/26/2026 – Block was downgraded by Morgan Stanley from “overweight” to “equal weight”. They now have a $80.00 price target on the stock, down from $90.00.
- 10/23/2026 – Block had its price target lowered by Truist Financial from $93.00 to $89.00. They now have a “buy” rating on the stock.
- 10/22/2026 – Block was upgraded by BMO Capital Markets from “market perform” to “outperform”. They now have a $101.00 price target on the stock.
- 10/21/2026 – Block had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $95.00 price target on the stock.
- 10/15/2026 – Block was given a new $96.00 price target by UBS Group. They now have a “buy” rating on the stock.
- 10/13/2026 – Block had its price target lowered by The Goldman Sachs Group from $107.00 to $102.00. They now have a “buy” rating on the stock.
- 10/12/2026 – Block had its price target lowered by BNP Paribas Exane from $107.00 to $102.00.
- 10/2/2026 – Block had its price target raised by Robert W. Baird from $105.00 to $106.00. They now have an “outperform” rating on the stock.
- 9/25/2026 – Block had its “buy” rating reaffirmed by BTIG Research. They now have a $100.00 price target on the stock.
- 9/25/2026 – Block had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $95.00 price target on the stock.
Block Stock Down 3.8%
Shares of NYSE:XYZ traded down $3.38 during midday trading on Tuesday, reaching $85.18. The company had a trading volume of 1,285,763 shares, compared to its average volume of 6,198,421. Block, Inc. has a 1-year low of $48.21 and a 1-year high of $89.39. The stock has a market cap of $51.18 billion, a PE ratio of 115.11, a P/E/G ratio of 0.92 and a beta of 2.58. The company has a quick ratio of 2.21, a current ratio of 2.23 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average price is $78.01 and its 200 day moving average price is $71.63.
Block (NYSE:XYZ – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The technology company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.45. Block had a net margin of 1.80% and a return on equity of 9.63%. The company had revenue of $6.72 billion during the quarter. During the same period last year, the business earned $0.54 EPS. The business’s revenue was up 9.9% on a year-over-year basis. Research analysts forecast that Block, Inc. will post 2.75 EPS for the current fiscal year.
Insiders Place Their Bets
In related news, Director Anthony Eisen sold 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $87.50, for a total value of $3,062,500.00. Following the completion of the sale, the director directly owned 1,177,672 shares in the company, valued at approximately $103,046,300. The trade was a 2.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 255,686 shares of company stock valued at $20,453,487. 11.37% of the stock is owned by insiders.
Block, Inc is a financial technology company that provides payment and commerce tools to businesses and financial services for consumers. Its products include Square, a platform offering payment processing, point-of-sale software and related business services, and Cash App, which provides person-to-person payments and other financial features.
The company also owns Afterpay, a buy-now, pay-later service, and TIDAL, a music and entertainment platform. Block serves businesses and consumers in the United States and other markets, with product availability varying by country.
Founded in 2009 as Square by Jack Dorsey and Jim McKelvey, the company adopted the name Block in 2021.
Featured Stories
- Five stocks we like better than Block
- Barrick’s Earnings Beat Could Be Overshadowed by an Even Bigger Opportunity
- Axon vs. Motorola: Which Public Safety Stock Has More Upside After Q3 Earnings?
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
Receive News & Ratings for Block Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Block Inc and related companies with MarketBeat.com's FREE daily email newsletter.
