On June 2, 2025, Raymond James analyst John Davis issued an updated report on Block, maintaining the stock's (XYZ, Financial) "Outperform" rating. In this latest assessment, the analyst raised the price target for XYZ to $79.00 from a previous target of $74.00. This adjustment represents an increase of 6.76%.
The new price target reflects Raymond James' confidence in XYZ's performance, as the stock continues to be rated "Outperform". The decision by John Davis to maintain the current rating underscores the ongoing positive sentiment surrounding XYZ within the market.
Investors are advised to keep a close eye on XYZ as its revised price target indicates potential for growth. With the stock currently rated as "Outperform" by Raymond James, it suggests that XYZ may outperform the broader market in the coming months.
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.
