In the latest analyst rating update, Macquarie has confirmed its stance on Block (XYZ, Financial) by maintaining its Outperform rating. As of May 2, 2025, the investment firm reinforced its positive outlook on the company.
Paul Golding, the analyst at Macquarie, has kept the price target for Block (XYZ, Financial) steady at $110.00 USD. This matches the previous target price, indicating a consistent projection for the stock's performance.
The decision to maintain both the Outperform rating and the price target suggests confidence in Block's (XYZ, Financial) future growth prospects. Investors should note that there has been no change in the price target percentage, which remains at the specified level of $110.00 USD.
Overall, the Outperform rating from Macquarie implies that Block (XYZ, Financial) is expected to surpass the average market return, reinforcing its potential attractiveness to investors.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 40 analysts, the average target price for Block Inc (XYZ, Financial) is $100.64 with a high estimate of $125.00 and a low estimate of $57.00. The average target implies an upside of 72.09% from the current price of $58.48. More detailed estimate data can be found on the Block Inc (XYZ) Forecast page.
Based on the consensus recommendation from 45 brokerage firms, Block Inc's (XYZ, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Block Inc (XYZ, Financial) in one year is $91.72, suggesting a upside of 56.84% from the current price of $58.48. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Block Inc (XYZ) Summary page.
