Block, Inc. (NYSE:XYZ) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Block, with 24 buy, four strong-buy and nine hold ratings among 37 analysts. The average one-year price target is approximately $89.84, above the reported $77.19 share price.
• Block reported quarterly EPS of $0.85, exceeding the $0.30 consensus estimate, while revenue reached $6.06 billion, up 4.9% year over year. The company issued fiscal 2026 EPS guidance of $3.85.
• Institutional investors own 70.44% of Block, while insiders sold 323,300 shares worth approximately $24.7 million over the past three months, including transactions conducted under pre-arranged Rule 10b5-1 plans.

Shares of Block, Inc. (NYSE:XYZ - Get Free Report) have earned a consensus rating of "Moderate Buy" from the thirty-seven analysts that are covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation, twenty-four have assigned a buy recommendation and four have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $89.8387.

Several equities analysts recently issued reports on the stock. Rosenblatt Securities set a $100.00 price objective on shares of Block in a research note on Tuesday, June 30th. Barclays started coverage on Block in a report on Tuesday, July 7th. They issued an "overweight" rating and a $100.00 price target for the company. Morgan Stanley increased their price target on Block from $96.00 to $98.00 and gave the stock an "overweight" rating in a research note on Friday, May 29th. Robert W. Baird raised their price objective on Block from $90.00 to $100.00 and gave the stock an "outperform" rating in a report on Thursday, July 2nd. Finally, Loop Capital initiated coverage on Block in a research report on Tuesday, March 31st. They issued a "buy" rating and a $75.00 price objective for the company.

Insider Transactions at Block

In other news, Director Anthony Mathew Eisen sold 6,000 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $78.35, for a total transaction of $470,100.00. Following the transaction, the director directly owned 1,838,672 shares in the company, valued at $144,059,951.20. This represents a 0.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian Grassadonia sold 43,348 shares of the firm's stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $80.00, for a total transaction of $3,467,840.00. Following the completion of the sale, the insider directly owned 557,654 shares in the company, valued at $44,612,320. This represents a 7.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 323,300 shares of company stock worth $24,742,756. 11.37% of the stock is owned by corporate insiders.

Institutional Trading of Block

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Hyperion Asset Management Ltd boosted its holdings in Block by 6.9% in the second quarter. Hyperion Asset Management Ltd now owns 2,682,854 shares of the technology company's stock valued at $203,897,000 after acquiring an additional 172,848 shares during the last quarter. Tema ETFs LLC increased its stake in Block by 9.8% during the second quarter. Tema ETFs LLC now owns 11,329 shares of the technology company's stock worth $861,000 after acquiring an additional 1,015 shares during the last quarter. Arista Wealth Management LLC acquired a new stake in Block during the second quarter worth about $418,000. Everhart Financial Group Inc. raised its holdings in shares of Block by 6.4% in the 2nd quarter. Everhart Financial Group Inc. now owns 5,094 shares of the technology company's stock worth $387,000 after purchasing an additional 306 shares during the period. Finally, Valeo Financial Advisors LLC acquired a new position in shares of Block in the 2nd quarter valued at about $237,000. 70.44% of the stock is currently owned by institutional investors and hedge funds.

Block Trading Up 0.1%

Shares of XYZ stock opened at $77.19 on Monday. The company has a market capitalization of $45.94 billion, a price-to-earnings ratio of 60.31, a PEG ratio of 0.97 and a beta of 2.54. The company has a current ratio of 1.99, a quick ratio of 1.99 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average price of $74.44 and a 200 day moving average price of $67.06. Block has a twelve month low of $48.21 and a twelve month high of $84.08.

Block (NYSE:XYZ - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.55. The company had revenue of $6.06 billion for the quarter. Block had a net margin of 3.30% and a return on equity of 7.02%. Block's revenue for the quarter was up 4.9% on a year-over-year basis. During the same period in the prior year, the business earned $0.56 earnings per share. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. Research analysts forecast that Block will post 2.48 earnings per share for the current fiscal year.

Block Company Profile

Block NYSE: XYZ is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block's portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.

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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