William Blair Analysts Raise Earnings Estimates for Block

Block, Inc. (NYSE:XYZ - Free Report) - Research analysts at William Blair increased their Q2 2025 earnings per share (EPS) estimates for Block in a report issued on Tuesday, July 8th. William Blair analyst A. Jeffrey now anticipates that the technology company will post earnings of $0.08 per share for the quarter, up from their prior forecast of $0.07. The consensus estimate for Block's current full-year earnings is $2.54 per share. William Blair also issued estimates for Block's FY2025 earnings at $0.52 EPS, Q1 2026 earnings at $0.22 EPS and FY2026 earnings at $1.24 EPS.

Several other analysts have also recently weighed in on XYZ. Stephens reaffirmed an "overweight" rating and set a $75.00 price objective on shares of Block in a research note on Friday, May 2nd. Benchmark lowered shares of Block from a "buy" rating to a "hold" rating in a research note on Friday, May 2nd. Wolfe Research set a $75.00 price objective on shares of Block in a research report on Monday, May 19th. KGI Securities upgraded shares of Block to a "hold" rating in a research note on Friday, May 9th. Finally, Compass Point assumed coverage on shares of Block in a research report on Wednesday, July 2nd. They issued a "buy" rating and a $80.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $74.69.

Block Trading Down 4.4%

NYSE:XYZ traded down $3.05 during mid-day trading on Thursday, hitting $65.71. The company's stock had a trading volume of 4,354,643 shares, compared to its average volume of 8,895,859. Block has a fifty-two week low of $44.27 and a fifty-two week high of $99.26. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.27 and a quick ratio of 2.27. The firm has a market cap of $40.41 billion, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 1.56 and a beta of 2.74. The company has a fifty day simple moving average of $61.41.

Insider Activity

In other news, insider Dhananjay Prasanna sold 11,318 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $61.41, for a total value of $695,038.38. Following the completion of the transaction, the insider directly owned 318,751 shares in the company, valued at approximately $19,574,498.91. This trade represents a 3.43% 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. Also, insider Owen Britton Jennings sold 11,556 shares of the firm's stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $56.42, for a total transaction of $651,989.52. Following the completion of the transaction, the insider owned 284,739 shares in the company, valued at $16,064,974.38. This represents a 3.90% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 73,687 shares of company stock valued at $4,377,506. 10.85% of the stock is currently owned by corporate insiders.

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.