Seaport Res Ptn Has Negative Outlook of Block Q2 Earnings

Block, Inc. (NYSE:XYZ) – Analysts at Seaport Res Ptn dropped their Q2 2025 earnings estimates for Block in a research report issued on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now anticipates that the technology company will post earnings per share of $0.28 for the quarter, down from their previous estimate of $0.52. Seaport Res Ptn currently has a “Hold” rating on the stock. The consensus estimate for Block’s current full-year earnings is $2.54 per share. Seaport Res Ptn also issued estimates for Block’s Q3 2025 earnings at $0.34 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.45 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.73 EPS and FY2026 earnings at $2.28 EPS.

XYZ has been the subject of several other research reports. Morgan Stanley boosted their price objective on shares of Block from $65.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 8th. Benchmark downgraded shares of Block from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd. Compass Point initiated coverage on shares of Block in a research report on Wednesday, July 2nd. They issued a “buy” rating and a $80.00 price target for the company. Jefferies Financial Group upped their price target on shares of Block from $60.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, May 27th. Finally, Evercore ISI raised shares of Block from an “in-line” rating to an “outperform” rating and upped their price target for the stock from $58.00 to $75.00 in a research note on Tuesday, June 3rd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $73.94.

Block Stock Performance

XYZ stock opened at $69.02 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.27 and a quick ratio of 2.27. Block has a fifty-two week low of $44.27 and a fifty-two week high of $99.26. The stock has a market capitalization of $42.45 billion, a price-to-earnings ratio of 16.79, a price-to-earnings-growth ratio of 1.63 and a beta of 2.74. The stock’s 50 day moving average price is $63.02.

Insider Transactions at Block

In other Block news, insider Chrysty Esperanza sold 7,500 shares of Block stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $55.00, for a total value of $412,500.00. Following the completion of the transaction, the insider directly owned 133,940 shares of the company’s stock, valued at $7,366,700. The trade was a 5.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Amrita Ahuja sold 10,002 shares of the business’s stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $56.39, for a total value of $564,012.78. Following the transaction, the chief financial officer directly owned 326,106 shares of the company’s stock, valued at approximately $18,389,117.34. This represents a 2.98% decrease in their ownership of the stock. 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 quarter. Insiders own 10.85% of the company’s stock.

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.