On June 2, 2025, Truist Securities initiated coverage on Block (XYZ, Financial) with a rating of "Sell". This announcement marks the beginning of their analytical insight into the company, focusing on various market and business factors impacting Block's performance.
Matthew Coad, an analyst at Truist Securities, led the research and issued a price target of USD 60.00 for Block (XYZ, Financial). As there is no prior rating or price target from this analyst, these figures represent a fresh perspective on the stock's potential valuation.
Investors and market watchers should note that this initiation of coverage by Truist Securities could play a role in influencing market sentiment toward Block (XYZ, Financial). Analysts' ratings and price targets are often considered by investors when making informed 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 62.97% from the current price of $61.75. 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 $90.27, suggesting a upside of 46.19% from the current price of $61.75. 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.
