Block (NYSE:XYZ) Price Target Raised to $105.00

Posted by Stanley Muller on Nov 6th, 2026

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

A number of other equities research analysts also recently issued reports on the company. Wells Fargo & Company upped their price objective on Block from $97.00 to $110.00 and gave the company an “overweight” rating in a research report on Thursday. Susquehanna boosted their target price on Block from $100.00 to $110.00 and gave the company a “positive” rating in a research report on Wednesday. Zacks Research lowered Block from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Monness Crespi & Hardt raised their price target on Block from $115.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $97.00 price objective (up from $85.00) on shares of Block in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $98.24.

Get Our Latest Analysis on XYZ

Block Price Performance

Shares of Block stock traded up $1.88 during trading hours on Tuesday, reaching $85.92. The company’s stock had a trading volume of 3,007,317 shares, compared to its average volume of 6,194,349. The firm has a 50 day moving average price of $77.90 and a 200-day moving average price of $71.39. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.23 and a quick ratio of 2.21. The stock has a market cap of $51.62 billion, a P/E ratio of 116.24, a P/E/G ratio of 0.92 and a beta of 2.58. Block has a one year low of $48.21 and a one year high of $88.51.

Block (NYSE:XYZ – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The technology company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.45. The firm had revenue of $6.72 billion during the quarter. Block had a net margin of 1.80% and a return on equity of 9.63%. The firm’s revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.54 EPS. On average, analysts predict that Block will post 2.75 EPS for the current year.

Insider Buying and Selling at Block

In related news, Director Anthony Eisen sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $74.44, for a total transaction of $446,640.00. Following the completion of the sale, the director directly owned 1,212,672 shares of the company’s stock, valued at approximately $90,271,303.68. This trade represents a 0.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 quarter. Corporate insiders own 11.37% of the company’s stock.

Institutional Trading of Block

Institutional investors and hedge funds have recently made changes to their positions in the business. Jones Financial Companies Lllp purchased a new position in Block in the 2nd quarter worth about $366,000. PNC Financial Services Group Inc. lifted its holdings in Block by 35.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 69,637 shares of the technology company’s stock valued at $4,191,000 after buying an additional 18,326 shares in the last quarter. Nilsine Partners LLC boosted its position in Block by 295.4% in the 2nd quarter. Nilsine Partners LLC now owns 25,999 shares of the technology company’s stock valued at $1,976,000 after buying an additional 19,423 shares during the period. Nykredit A S purchased a new stake in Block in the 2nd quarter valued at about $13,291,000. Finally, Swiss National Bank boosted its position in Block by 6.7% in the 1st quarter. Swiss National Bank now owns 1,607,286 shares of the technology company’s stock valued at $96,726,000 after buying an additional 101,300 shares during the period. 70.44% of the stock is currently owned by institutional investors.

Trending Headlines about 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

Block Company Profile

(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.