On July 2, 2025, Compass Point analyst Dominick Gabriele initiated coverage on Block (XYZ, Financial) with a "Buy" rating. The initiation brings a fresh perspective to Block's market standing, with a positive outlook reflected in the coverage.
The coverage includes an announced price target for Block (XYZ, Financial) of USD 80.00. This target price signifies the analyst's projection of the stock's potential, underscoring its optimistic future in the market.
Block (XYZ, Financial), listed on the NYSE, has gained attention following this announcement, as investors look forward to the company's progress under the newly initiated coverage by Compass Point. This development may influence investor sentiment, highlighting the significance of the analyst's insights.
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 47.41% from the current price of $68.27. 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 $91.10, suggesting a upside of 33.44% from the current price of $68.27. 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.
