Block (NYSE:XYZ) Stock Price Target Raised at UBS Group

Posted by Brenda Bartman on Nov 6th, 2026

Block (NYSE:XYZ – Free Report) had its price objective hoisted by UBS Group from $96.00 to $105.00 in a report released on Tuesday morning.

Several other brokerages have also recently weighed in on XYZ. Rothschild & Co Redburn boosted their price target on shares of Block from $75.00 to $85.00 and gave the stock a “neutral” rating in a research report on Tuesday. KeyCorp increased their price objective on shares of Block from $105.00 to $108.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Royal Bank Of Canada lifted their price objective on shares of Block from $95.00 to $103.00 and gave the stock an “outperform” rating in a research note on Wednesday. Benchmark raised shares of Block to a “strong-buy” rating in a research note on Thursday, September 10th. Finally, Zacks Research downgraded shares of Block from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $98.24.

View Our Latest Stock Report on Block

Block Price Performance

Shares of NYSE:XYZ traded up $2.30 during mid-day trading on Tuesday, reaching $86.34. The stock had a trading volume of 2,877,928 shares, compared to its average volume of 6,193,499. The business’s 50 day moving average price is $77.90 and its 200 day moving average price is $71.39. Block has a 1 year low of $48.21 and a 1 year high of $88.51. The company has a market cap of $51.87 billion, a P/E ratio of 116.65, a price-to-earnings-growth ratio of 0.92 and a beta of 2.58. The company has a current ratio of 2.23, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25.

Block (NYSE:XYZ – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The technology company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.45. The business had revenue of $6.72 billion for the quarter. Block had a return on equity of 9.63% and a net margin of 1.80%. The firm’s revenue was up 9.9% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share. Research analysts expect that Block will post 2.75 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Anthony Eisen sold 6,000 shares of the stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $74.44, for a total value of $446,640.00. Following the completion of the transaction, the director directly owned 1,212,672 shares of the company’s stock, valued at $90,271,303.68. This trade represents a 0.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 226,686 shares of company stock valued at $17,861,807 in the last three months. Company insiders own 11.37% of the company’s stock.

Hedge Funds Weigh In On Block

Several institutional investors have recently made changes to their positions in XYZ. BlackRock Inc. acquired a new position in shares of Block during the 2nd quarter worth approximately $621,703,000. Arrowstreet Capital Limited Partnership increased its position in shares of Block by 528.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,309,296 shares of the technology company’s stock worth $199,153,000 after acquiring an additional 2,782,523 shares during the period. Sumitomo Mitsui Trust Group Inc. increased its holdings in Block by 18.3% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,194,419 shares of the technology company’s stock valued at $234,886,000 after buying an additional 494,083 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Block by 1.3% in the first quarter. Dimensional Fund Advisors LP now owns 3,147,988 shares of the technology company’s stock valued at $189,353,000 after acquiring an additional 39,112 shares in the last quarter. Finally, Hyperion Asset Management Ltd raised its holdings in shares of Block by 6.9% in the second quarter. Hyperion Asset Management Ltd now owns 2,682,854 shares of the technology company’s stock valued at $203,897,000 after buying an additional 172,848 shares during the last quarter. 70.44% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Block

Here are the key news stories impacting Block this week:

Positive Sentiment: Block’s third-quarter results beat expectations: earnings per share were $1.13 versus the $0.68 consensus, while revenue rose 9.9% year over year. Cash App lending and Square growth helped lift gross profit 22% to $3.24 billion, and the company raised its 2026 outlook. Shares recently reached a 52-week high following the results. Article: Block earnings lift outlook Article: Block Q3 earnings beat estimates
Positive Sentiment: Several firms raised price targets, reinforcing optimism: Wells Fargo lifted its target to $110, TD Cowen to $109, Barclays and Argus to $105, and RBC to $103. Needham reiterated its Buy rating, while TD Cowen and Susquehanna also expressed expectations for further gains. Wells Fargo forecast Argus target increase Barclays target increase
Positive Sentiment: Traders also purchased a large volume of Block call options, suggesting bullish positioning, though options activity can be speculative. Call options activity
Neutral Sentiment: Morgan Stanley raised its target to $82 but maintained an Equal Weight rating; Scotiabank also kept a Sector Perform rating. Their views are more cautious than the broader cluster of Buy and Outperform calls.
Negative Sentiment: Block is making its second round of job cuts this year, affecting employees in Cash App. The cuts may reduce costs, but the timing shortly after strong earnings could raise questions about staffing and business needs. Article: Block job cuts

About Block

(Get Free Report)

Block, Inc is a financial technology company that provides payments, commerce, and financial services through an ecosystem of business and consumer products. Formerly known as Square, the company was co-founded by Jack Dorsey and Jim McKelvey and changed its corporate name to Block in 2021.

Its Square ecosystem serves businesses with point-of-sale hardware, payment processing, invoicing, payroll, inventory management, customer engagement, online commerce, and other software tools. Block also offers lending and other financial services to eligible business customers through Square-related products.

For consumers, Block operates Cash App, a mobile financial services platform that supports services such as peer-to-peer payments, money transfers, a Cash App Card, direct deposit, investing, and bitcoin transactions, subject to product and geographic availability.