William Blair Issues Optimistic Estimate for Block Earnings

Block, Inc. (NYSE:XYZ - Free Report) - Analysts at William Blair increased their Q2 2025 earnings per share estimates for Block in a research report issued to clients and 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 previous 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.

A number of other equities analysts have also recently issued reports on the stock. Citigroup cut their target price on shares of Block from $108.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, March 14th. Raymond James Financial set a $79.00 target price on shares of Block and gave the stock an "outperform" rating in a report on Monday, June 2nd. Benchmark cut shares of Block from a "buy" rating to a "hold" rating in a report on Friday, May 2nd. Oppenheimer raised their target price on shares of Block from $70.00 to $71.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Finally, Compass Point started coverage on Block in a report on Wednesday, July 2nd. They set a "buy" rating and a $80.00 price target on the stock. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $74.69.

Block Trading Up 1.7%

Shares of XYZ opened at $68.96 on Thursday. 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 $42.41 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 1.53 and a beta of 2.74. The business has a fifty day moving average price of $61.21. Block has a twelve month low of $44.27 and a twelve month high of $99.26.

Insider Activity

In other news, insider Brian Grassadonia sold 1,342 shares of Block stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $69.26, for a total transaction of $92,946.92. Following the sale, the insider owned 590,287 shares of the company's stock, valued at approximately $40,883,277.62. The trade was a 0.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Owen Britton Jennings sold 1,050 shares of Block stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $69.26, for a total transaction of $72,723.00. Following the transaction, the insider directly owned 277,924 shares of the company's stock, valued at approximately $19,249,016.24. This trade represents a 0.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 73,687 shares of company stock worth $4,377,506. 10.85% of the stock is owned by company insiders.

About Block

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.

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