What is Seaport Res Ptn's Estimate for Block Q2 Earnings?

Block, Inc. (NYSE:XYZ - Free Report) - Investment analysts at Seaport Res Ptn lowered their Q2 2025 EPS estimates for Block in a research note issued on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now forecasts that the technology company will post earnings per share of $0.28 for the quarter, down from their prior forecast of $0.52. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for Block's current full-year earnings is $2.54 per share. Seaport Res Ptn also issued estimates for Block's Q3 2025 earnings at $0.34 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.45 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.73 EPS and FY2026 earnings at $2.28 EPS.

Other equities research analysts also recently issued reports about the stock. Morgan Stanley lifted their price target on shares of Block from $65.00 to $73.00 and gave the company an "overweight" rating in a research note on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft set a $82.00 price target on shares of Block and gave the company a "buy" rating in a research note on Thursday. Needham & Company LLC decreased their target price on shares of Block from $90.00 to $60.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Wolfe Research set a $75.00 price target on shares of Block in a research report on Monday, May 19th. Finally, Evercore ISI lifted their price target on Block from $75.00 to $85.00 and gave the company an "outperform" rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $74.63.

Block Stock Up 3.2%

XYZ traded up $2.19 during midday trading on Wednesday, hitting $71.22. The company had a trading volume of 5,270,918 shares, compared to its average volume of 8,938,362. Block has a 52 week low of $44.27 and a 52 week high of $99.26. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 0.24. The stock has a market cap of $43.80 billion, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 1.63 and a beta of 2.74. The stock's 50 day simple moving average is $63.02.

Insider Transactions at Block

In other Block news, insider Brian Grassadonia sold 6,494 shares of the business's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $56.39, for a total value of $366,196.66. Following the transaction, the insider directly owned 591,629 shares in the company, valued at $33,361,959.31. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Dhananjay Prasanna sold 11,318 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $61.41, for a total transaction of $695,038.38. Following the completion of the transaction, the insider owned 318,751 shares in the company, valued at approximately $19,574,498.91. The trade was a 3.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 73,687 shares of company stock valued at $4,377,506. Corporate insiders own 10.85% of the company's stock.

Block Company Profile

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.