William Blair Issues Positive Forecast for Block Earnings

Key Points

• William Blair has raised its earnings per share (EPS) estimates for Block, Inc. for Q3 2025 to $0.19, indicating a positive outlook for the company's financial performance.
• Block's most recent earnings report revealed earnings of $0.62 per share, significantly exceeding analysts' expectations of $0.21, despite a slight decline in revenue compared to the previous year.
• Institutional investors have shown strong interest in Block, with significant new positions acquired during the second quarter, demonstrating confidence in the company's future prospects.

Block, Inc. (NYSE:XYZ - Free Report) - Research analysts at William Blair raised their Q3 2025 earnings per share (EPS) estimates for Block in a research report issued on Thursday, September 11th. William Blair analyst A. Jeffrey now anticipates that the technology company will earn $0.19 per share for the quarter, up from their prior forecast of $0.18. The consensus estimate for Block's current full-year earnings is $2.54 per share. William Blair also issued estimates for Block's Q4 2025 earnings at $0.30 EPS, FY2025 earnings at $0.90 EPS, Q1 2026 earnings at $0.38 EPS and FY2026 earnings at $1.93 EPS.

Block (NYSE:XYZ - Get Free Report) last issued its earnings results on Thursday, August 7th. The technology company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.41. The firm had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $6.32 billion. Block had a return on equity of 7.85% and a net margin of 12.32%.The company's quarterly revenue was down 1.6% on a year-over-year basis.

Other research analysts have also recently issued reports about the company. Monness Crespi & Hardt increased their price target on Block from $75.00 to $95.00 and gave the company a "buy" rating in a research note on Monday, August 4th. Sanford C. Bernstein lifted their price objective on Block from $75.00 to $90.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 22nd. BTIG Research set a $80.00 target price on Block and gave the company a "buy" rating in a research report on Tuesday, August 5th. Cowen reissued a "buy" rating on shares of Block in a report on Friday, August 8th. Finally, Jefferies Financial Group reduced their target price on Block from $95.00 to $90.00 and set a "buy" rating for the company in a report on Friday, August 15th. Twenty-four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, Block currently has a consensus rating of "Moderate Buy" and an average target price of $80.64.

Block Stock Down 1.8%

Shares of XYZ opened at $72.87 on Monday. Block has a 52 week low of $44.27 and a 52 week high of $99.26. The stock has a market capitalization of $44.42 billion, a price-to-earnings ratio of 15.60, a PEG ratio of 2.95 and a beta of 2.68. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.96 and a current ratio of 1.96. The stock has a fifty day moving average of $75.15 and a 200-day moving average of $64.47.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. bought a new position in shares of Block during the second quarter valued at about $3,730,489,000. Sands Capital Management LLC bought a new position in shares of Block during the second quarter valued at about $702,446,000. Geode Capital Management LLC bought a new position in shares of Block during the second quarter valued at about $634,721,000. Dragoneer Investment Group LLC bought a new position in shares of Block during the second quarter valued at about $627,233,000. Finally, Ameriprise Financial Inc. bought a new position in shares of Block during the second quarter valued at about $535,305,000. 70.44% of the stock is owned by institutional investors.

Insider Transactions at Block

In other news, insider Chrysty Esperanza sold 3,609 shares of the company's stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $73.20, for a total value of $264,178.80. Following the transaction, the insider owned 127,212 shares of the company's stock, valued at approximately $9,311,918.40. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Amrita Ahuja sold 16,358 shares of the stock in a transaction on Monday, July 21st. The shares were sold at an average price of $78.60, for a total value of $1,285,738.80. Following the completion of the transaction, the chief financial officer directly owned 308,397 shares in the company, valued at approximately $24,240,004.20. This represents a 5.04% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 107,957 shares of company stock valued at $8,029,929. Corporate insiders own 10.49% of the company's stock.

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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