Recent Analysts’ Ratings Updates for Block (XYZ)

Several brokerages have updated their recommendations and price targets on shares of Block (NYSE: XYZ) in the last few weeks:

• 5/9/2025 – Block was upgraded by analysts at KGI Securities to a “hold” rating.
• 5/5/2025 – Block was given a new $59.00 price target on by analysts at Argus.
• 5/5/2025 – Block had its price target lowered by analysts at Barclays PLC from $70.00 to $57.00. They now have an “overweight” rating on the stock.
• 5/5/2025 – Block had its price target lowered by analysts at Keefe, Bruyette & Woods from $80.00 to $70.00. They now have an “outperform” rating on the stock.
• 5/5/2025 – Block was downgraded by analysts at Macquarie from an “outperform” rating to a “neutral” rating. They now have a $50.00 price target on the stock.
• 5/2/2025 – Block had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $75.00 price target on the stock.
• 5/2/2025 – Block had its price target lowered by analysts at KeyCorp from $65.00 to $60.00. They now have an “overweight” rating on the stock.
• 5/2/2025 – Block had its price target lowered by analysts at Royal Bank of Canada from $86.00 to $63.00. They now have an “outperform” rating on the stock.
• 5/2/2025 – Block had its price target lowered by analysts at Raymond James from $103.00 to $74.00. They now have an “outperform” rating on the stock.
• 5/2/2025 – Block had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $110.00 price target on the stock.
• 5/2/2025 – Block was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating. They now have a $51.00 price target on the stock, down previously from $85.00.
• 5/2/2025 – Block had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $58.00 price target on the stock, down previously from $80.00.
• 5/2/2025 – Block was downgraded by analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating.
• 5/2/2025 – Block was downgraded by analysts at Benchmark Co. from a “buy” rating to a “hold” rating.
• 5/2/2025 – Block was downgraded by analysts at Wells Fargo & Company from an “overweight” rating to an “equal weight” rating. They now have a $50.00 price target on the stock, down previously from $95.00.
• 5/2/2025 – Block had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $65.00 to $57.00. They now have a “buy” rating on the stock.
• 5/2/2025 – Block had its price target lowered by analysts at Canaccord Genuity Group Inc. from $100.00 to $80.00. They now have a “buy” rating on the stock.
• 5/2/2025 – Block had its price target lowered by analysts at Needham & Company LLC from $90.00 to $60.00. They now have a “buy” rating on the stock.
• 4/23/2025 – Block had its price target lowered by analysts at KeyCorp from $85.00 to $65.00. They now have an “overweight” rating on the stock.
• 4/17/2025 – Block had its price target lowered by analysts at Bank of America Co. from $94.00 to $80.00. They now have a “buy” rating on the stock.
• 4/15/2025 – Block had its price target lowered by analysts at Barclays PLC from $97.00 to $70.00. They now have an “overweight” rating on the stock.
• 4/9/2025 – Block is now covered by analysts at Evercore ISI. They set an “in-line” rating and a $52.00 price target on the stock.
• 4/8/2025 – Block had its price target lowered by analysts at Robert W. Baird from $105.00 to $80.00. They now have an “outperform” rating on the stock.
• 4/3/2025 – Block was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $67.00 price target on the stock, up previously from $65.00.
• 4/2/2025 – Block had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $94.00 to $74.00. They now have a “buy” rating on the stock.

Block Price Performance

Shares of Block stock opened at $58.37 on Friday. The company’s 50-day simple moving average is $55.34. The company has a market cap of $36.16 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 0.72 and a beta of 2.83. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.26. Block, Inc. has a one year low of $44.27 and a one year high of $99.26.

Block (NYSE:XYZ) last issued its earnings results on Thursday, February 20th. The technology company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.11). The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $6.23 billion. Block had a return on equity of 5.80% and a net margin of 11.92%. On average, sell-side analysts expect that Block, Inc. will post 2.54 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Ajmere Dale sold 500 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $54.48, for a total transaction of $27,240.00. Following the completion of the sale, the chief accounting officer now owns 81,999 shares in the company, valued at approximately $4,467,305.52. This trade represents a 0.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Brian Grassadonia sold 3,253 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $68.01, for a total transaction of $221,236.53. Following the transaction, the insider now directly owns 548,597 shares of the company’s stock, valued at $37,310,081.97. This represents a 0.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 14,492 shares of company stock worth $842,976. 10.85% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Private Capital Advisors Inc. bought a new position in shares of Block during the 4th quarter valued at $15,727,000. Nepsis Inc. purchased a new position in Block during the 4th quarter valued at about $9,769,000. Moody Lynn & Lieberson LLC purchased a new stake in Block in the 4th quarter worth approximately $3,775,000. Exchange Traded Concepts LLC grew its position in shares of Block by 117.9% in the 4th quarter. Exchange Traded Concepts LLC now owns 28,594 shares of the technology company’s stock worth $2,430,000 after buying an additional 15,470 shares during the last quarter. Finally, Toth Financial Advisory Corp increased its stake in shares of Block by 18,150.0% during the fourth quarter. Toth Financial Advisory Corp now owns 7,300 shares of the technology company’s stock valued at $620,000 after buying an additional 7,260 shares during the period. 70.44% of the stock is currently owned by hedge funds and other institutional investors.

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.