On May 2, 2025, Needham analyst Mayank Tandon released an updated analysis on Block (XYZ, Financial). The analyst has maintained their 'Buy' rating on the stock, emphasizing continued confidence in the company's future prospects.
However, a notable change has been made to Block's (XYZ, Financial) price target. The price target has been lowered from $90.00 to $60.00 USD, reflecting a significant 33.33% adjustment. This change in price target highlights a reassessment of certain market conditions or company-specific factors, while still indicating an overall positive outlook from the analyst.
Investors are advised to consider these latest insights as they reflect current market sentiment and forecasts for Block (XYZ, Financial). Staying informed with up-to-date analyst ratings and price targets can be crucial for making well-informed investment decisions.
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.
