On May 2, 2025, RBC Capital, under the analysis of Daniel Perlin, announced a revision in their price target for Block (XYZ, Financial). The firm has lowered its price target from USD 86.00 to USD 63.00, reflecting a percentage change of -26.74%.
Despite the reduction in the price target, RBC Capital maintains an "Outperform" rating for Block (XYZ, Financial). The company's stock continues to be perceived as a strong performer, as indicated by the consistent rating.
Block (XYZ, Financial), traded on the NYSE, will continue to be monitored closely by investors following the latest analyst updates. The adjustment in the price target offers a fresh perspective on the stock's valuation going forward.
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 116.05% from the current price of $46.58. 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 96.91% from the current price of $46.5801. 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.
