William Blair Weighs in on Block's Q2 Earnings (NYSE:XYZ)

Block, Inc. (NYSE:XYZ - Free Report) - William Blair raised their Q2 2025 earnings per share estimates for Block in a report issued on Tuesday, July 8th. William Blair analyst A. Jeffrey now anticipates that the technology company will earn $0.08 per share for the quarter, up from their previous 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 research analysts have also recently weighed in on the stock. Evercore ISI upgraded shares of Block from an "in-line" rating to an "outperform" rating and upped their price objective for the stock from $58.00 to $75.00 in a research report on Tuesday, June 3rd. Argus set a $59.00 price objective on Block in a research report on Monday, May 5th. Royal Bank Of Canada dropped their target price on Block from $86.00 to $63.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. KGI Securities raised Block to a "hold" rating in a research note on Friday, May 9th. Finally, Stephens reissued an "overweight" rating and set a $75.00 price target on shares of Block in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Block presently has a consensus rating of "Moderate Buy" and an average target price of $73.94.

Block Price Performance

NYSE XYZ traded down $3.71 during trading on Thursday, reaching $65.05. The company's stock had a trading volume of 12,844,561 shares, compared to its average volume of 6,046,850. The stock has a fifty day moving average of $61.78. Block has a one year low of $44.27 and a one year high of $99.26. The company has a market capitalization of $40.01 billion, a PE ratio of 15.83, a PEG ratio of 1.47 and a beta of 2.74. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.27 and a quick ratio of 2.27.

Insider Buying and Selling at Block

In related news, insider Dhananjay Prasanna sold 800 shares of the firm's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $70.00, for a total transaction of $56,000.00. Following the completion of the transaction, the insider owned 307,151 shares of the company's stock, valued at $21,500,570. This trade represents a 0.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Ajmere Dale sold 366 shares of Block stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $69.26, for a total value of $25,349.16. Following the transaction, the chief accounting officer owned 108,736 shares of the company's stock, valued at $7,531,055.36. The trade was a 0.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 73,687 shares of company stock valued at $4,377,506 over the last three months. 10.49% of the stock is currently owned by corporate 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.