Brokers Set Expectations for Block's Q2 Earnings (NYSE:XYZ)

Block, Inc. (NYSE:XYZ - Free Report) - Investment analysts at William Blair raised their Q2 2025 earnings estimates for Block in a research note issued to investors on Tuesday, July 8th. William Blair analyst A. Jeffrey now expects that the technology company will post earnings per share of $0.08 for the quarter, up from their prior estimate 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 equities research analysts also recently issued reports on XYZ. Seaport Res Ptn downgraded Block from a "strong-buy" rating to a "hold" rating in a report on Friday, May 2nd. Keefe, Bruyette & Woods lifted their price target on Block from $70.00 to $80.00 and gave the company an "outperform" rating in a research note on Wednesday. Stephens reaffirmed an "overweight" rating and set a $75.00 target price on shares of Block in a research note on Friday, May 2nd. BMO Capital Markets reiterated a "market perform" rating and set a $58.00 target price (down from $80.00) on shares of Block in a research report on Friday, May 2nd. Finally, Macquarie downgraded Block from an "outperform" rating to a "neutral" rating and set a $50.00 price objective for the company. in a research report on Monday, May 5th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $74.69.

Block Trading Down 0.4%

Shares of Block stock traded down $0.27 during trading on Thursday, reaching $68.74. The stock had a trading volume of 4,162,420 shares, compared to its average volume of 5,807,408. The company has a market cap of $42.28 billion, a P/E ratio of 36.32, a price-to-earnings-growth ratio of 1.56 and a beta of 2.74. The business's fifty day simple moving average is $61.21. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 0.24. Block has a 52 week low of $44.27 and a 52 week high of $99.26.

Insider Activity

In other Block news, insider Dhananjay Prasanna sold 800 shares of Block stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $70.00, for a total value of $56,000.00. Following the sale, the insider owned 307,151 shares of the company's stock, valued at approximately $21,500,570. The trade was a 0.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Chrysty Esperanza sold 406 shares of Block stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $69.26, for a total transaction of $28,119.56. Following the completion of the sale, the insider directly owned 130,821 shares in the company, valued at $9,060,662.46. This trade represents a 0.31% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 73,687 shares of company stock worth $4,377,506. 10.85% of the stock is owned by 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.