Block (NYSE:XYZ) Stock Price Expected to Rise, Monness Crespi & Hardt Analyst Says

Block (NYSE:XYZ) had its price target upped by Monness Crespi & Hardt from $115.00 to $125.00 in a report released on Friday. The firm currently has a “buy” rating on the technology company’s stock. Monness Crespi & Hardt’s price objective would suggest a potential upside of 57.51% from the stock’s current price.

XYZ has been the subject of several other reports. Morgan Stanley reiterated an “overweight” rating on shares of Block in a research note on Wednesday. Clear Str upgraded shares of Block to a “hold” rating in a research note on Thursday, July 16th. Needham & Company LLC upped their price target on shares of Block from $95.00 to $100.00 and gave the company a “buy” rating in a report on Thursday. Barclays began coverage on shares of Block in a research note on Tuesday, July 7th. They set an “overweight” rating and a $100.00 price objective on the stock. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Block from $90.00 to $100.00 and gave the stock an “outperform” rating in a research report on Thursday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $92.76.

Block Stock Down 5.7%

Shares of NYSE XYZ opened at $79.36 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.99 and a current ratio of 1.99. Block has a 1 year low of $48.21 and a 1 year high of $86.75. The stock’s 50-day simple moving average is $76.64 and its 200-day simple moving average is $67.95. The firm has a market cap of $47.23 billion, a price-to-earnings ratio of 141.72, a PEG ratio of 1.06 and a beta of 2.53.

Block (NYSE:XYZ) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.54. Block had a return on equity of 8.09% and a net margin of 1.43%.The firm had revenue of $6.62 billion during the quarter. During the same period in the prior year, the company posted $0.62 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Block has set its FY 2026 guidance at 4.020-4.020 EPS and its Q3 2026 guidance at 1.020-1.020 EPS. As a group, equities analysts anticipate that Block will post 2.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Block news, Director Anthony Mathew Eisen sold 135,750 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $76.81, for a total transaction of $10,426,957.50. Following the sale, the director directly owned 2,032,990 shares of the company’s stock, valued at approximately $156,153,961.90. This represents a 6.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Amrita Ahuja sold 8,093 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $75.00, for a total transaction of $606,975.00. Following the sale, the chief financial officer directly owned 463,246 shares in the company, valued at $34,743,450. This trade represents a 1.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 432,208 shares of company stock worth $33,773,675 over the last ninety days. 11.37% of the stock is owned by insiders.

Institutional Investors Weigh In On Block

Several institutional investors and hedge funds have recently bought and sold shares of XYZ. Allstate Corp lifted its stake in Block by 91.9% in the fourth quarter. Allstate Corp now owns 39,281 shares of the technology company’s stock valued at $2,557,000 after acquiring an additional 18,812 shares during the last quarter. Moran Wealth Management LLC increased its stake in shares of Block by 37.3% during the 4th quarter. Moran Wealth Management LLC now owns 57,651 shares of the technology company’s stock worth $3,753,000 after purchasing an additional 15,670 shares during the last quarter. National Pension Service raised its holdings in shares of Block by 8.4% during the 4th quarter. National Pension Service now owns 833,124 shares of the technology company’s stock valued at $54,228,000 after purchasing an additional 64,674 shares in the last quarter. Hsbc Holdings PLC raised its holdings in shares of Block by 7.2% during the 4th quarter. Hsbc Holdings PLC now owns 1,223,824 shares of the technology company’s stock valued at $79,749,000 after purchasing an additional 82,446 shares in the last quarter. Finally, Mawer Investment Management Ltd. acquired a new stake in shares of Block in the 4th quarter valued at $3,062,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

Block News Summary

Here are the key news stories impacting Block this week:

• Positive Sentiment: Quarterly results surpassed expectations. Block reported adjusted EPS of $1.02, above estimates ranging from $0.48 to $0.86 and up from $0.62 a year earlier. Revenue increased 9.3% year over year to $6.62 billion, helped by strength in both Cash App and Square. Block Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised its profit outlook. Block forecast third-quarter EPS of $1.02, ahead of the $0.93 consensus, and set fiscal 2026 EPS guidance at $4.02 versus the $3.62 consensus. Management also cited 25% gross-profit growth, record margins and improving momentum from AI-focused products and operating efficiencies. Block Q2 Earnings Call Highlights
• Positive Sentiment: Analysts raised price targets. TD Cowen increased its target to $105, while RBC raised its target to $95. Keefe, Bruyette & Woods, Susquehanna and Needham lifted their targets to $100, and Cantor Fitzgerald reaffirmed its overweight rating with a $95 target. These revisions indicate that analysts view the earnings beat and improved outlook as durable enough to justify higher valuations.
• Neutral Sentiment: Options activity pointed to increased bullish speculation. Investors purchased 42,107 call options, roughly 55% above average daily call volume. The activity may amplify near-term enthusiasm but does not guarantee sustained gains.
• Negative Sentiment: Insiders continued selling shares. Director Anthony Mathew Eisen sold 47,000 shares for approximately $4.0 million across August 5–6 transactions, while Brian Grassadonia sold 25,908 shares for about $2.1 million. The sales occurred under pre-arranged Rule 10b5-1 plans and represent small portions of their remaining holdings, limiting their bearish significance but potentially weighing on sentiment.
• Negative Sentiment: Valuation leaves limited room for disappointment. Block’s elevated P/E multiple and proximity to its 52-week high mean investors may demand continued strong growth, margin expansion and successful execution of its AI and cost-reduction strategy.

About Block

Block (NYSE:XYZ) is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block’s portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.

The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.