In the latest update from Truist Securities, analyst Matthew Coad has maintained a "Sell" rating for Block (XYZ, Financial). Despite the unchanged rating, the target price has been raised from USD 61.00 to USD 65.00, reflecting a 6.56% increase.
This update marks a significant adjustment in price target for Block (XYZ, Financial), highlighting the firm's nuanced outlook on the stock. The previous target price stood at USD 61.00, and the revised target now suggests a more optimistic price forecast despite the continued "Sell" recommendation.
The adjustment was reported on July 17, 2025, with Truist Securities remaining cautious in their overall assessment of Block (XYZ, Financial), while acknowledging potential factors that could enhance its valuation.
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 42.69% from the current price of $70.53. 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 29.17% from the current price of $70.5269. 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.
