Block's Square Adds The Hat: Will This Accelerate Restaurant Growth?
XYZ's Square gains traction in restaurants and mid-market as new commerce tools and customer wins help drive payment volume and gross profit growth.
XYZ - Block, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$82.43
DETAILS
HIGH:
$91.00
LOW:
$74.00
MEDIAN:
$83.00
CONSENSUS:
$82.43
UPSIDE:
21.10%
Stock News
Fintech Stocks in Focus as Digital Finance Reshapes the Market
Visa, Affirm and Block highlight how fintech is remaking payments, lending and investing with AI, blockchain and digital wallets.
Block's Pivot to Profits and AI Is Turning Heads
Block NYSE: XYZ, the company behind Square and Cash App, delivered a much stronger quarter than expected, raised full-year guidance, and showed that its aggressive restructuring might already be helping.
Block, Inc. (XYZ) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Block, Inc. (XYZ) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
The Hat Selects Square to Power Multi-State Expansion
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today announced that The Hat, a quick-service restaurant (QSR) beloved for its pastrami sandwiches for 75 years, has selected Square as its unified commerce platform. With Square's technology foundation now rolled out across The Hat's 11 locations in California, the brand is ready to embark on its first expansion out of state. This month, The Hat is opening its 12th restaurant in Las Vegas, Nevada, marking a new chapter of multi-loc.
Why Block (XYZ) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Should You Buy Block Stock Right Now?
Block (XYZ 1.69%) captured headlines with a massive layoff announcement.
Block's 40% Layoffs Will Drive 62% Earnings Growth: ‘If You Don't Have Time to Use AI, You Don't Have a Job'
Jason Calacanis used Block (NYSE:XYZ | XYZ Price Prediction) as a case study on a recent This Week in Startups episode to argue that
Forget MicroStrategy. The Company Taking a Cut Every Time Bitcoin Traders Panic Is Up 7% This Year and Pays a $5 Dividend
MicroStrategy (NASDAQ:MSTR | MSTR Price Prediction), now operating as Strategy, is once again the loudest ticker in the room, riding a 55.97% one-month rally and a 12.79% weekly pop on the back of yet another bitcoin treasury announcement.
Should You Buy, Hold or Fold Block Stock Post Q1 Earnings?
XYZ's strong Q1, rising EPS and boosted 2026 outlook highlight momentum, but rising costs, net loss and stiff competition cloud the stock's path forward.
Block (XYZ) is a Top-Ranked Momentum Stock: Should You Buy?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Truist Cuts PayPal Price Target as Cross-Border Volume Weakness Bites
Shares of PayPal Holdings (NASDAQ:PYPL | PYPL Price Prediction) picked up another cautious analyst signal on Tuesday, as Truist lowered its price target to $44 from $45 while maintaining a Sell rating.
Earnings Growth & Price Strength Make Block (XYZ) a Stock to Watch
The Zacks Focus List offers investors a way to easily find top-rated stocks and build a winning investment portfolio. Here's why you should take advantage.
Block Expands Square's Drive-Thru: Will It Accelerate Seller Growth?
XYZ launches Square for Drive-Thru, helping QSRs boost order accuracy, speed service and simplify operations.
The AI Boom Is Building Fences Around the Economy
The AI boom is building fences around labor, capital, and power. Investors need to know who owns the gates.
Block wins over skeptics as BofA raises estimates following post-restructuring rebound
Block Inc (NYSE:SQ) is beginning to silence investor skepticism around its sweeping workforce reduction, with Bank of America raising its earnings estimates and reaffirming its Buy rating following the payments company's latest quarterly results. The Wall Street bank bumped its adjusted EPS estimate to $5.37 from $5.07 and maintained its $100 price objective, citing early evidence that Block's structural reset (which included a roughly 40% cut to its workforce) is translating into measurable gains in efficiency, margins, and operating cadence.
Square Adds Drive-Thru to the Menu to Help Quick-Service Restaurants Improve Speed and Efficiency
DISTRIBUTED-WORKFORCE/OAKLAND, Calif.--(BUSINESS WIRE)--Square today unveiled Square for Drive-Thru, a fully integrated solution that brings together order capture, kitchen operations, and customer handoff into a single, streamlined workflow. Built in partnership with The Howard Company and Nanonation, Square for Drive-Thru is purpose-built to help quick-service restaurant (QSR) operators with one of their most critical sales channels – enabling them to reduce bottlenecks, minimize errors, and.
Block Blast! Connects With Vietnamese Players Through Its First Offline Experience at GameVerse Vietnam 2026
HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)-- #BlockBlast--Block Blast! completed its first Vietnam offline experience at GameVerse Vietnam 2026 from May 8–9.
Block: Buy This Under-Appreciated Fintech Leader
Block is a fintech leader demonstrating accelerating growth and operational efficiency, with Q1 gross profit up 27% YoY and adjusted EPS up 52%. 2026 guidance was raised: gross profit growth to 19%, adjusted operating margin to 27%, and adjusted EPS growth to 62%, all signaling robust forward momentum. Cash App is the primary growth engine, outpacing Square, with new partnerships like Uber expected to drive further user engagement and revenue.
Block Q1: I Believe Dorsey (Upgrade)
I'm upgrading Block to a Buy after Q1 earnings, reversing my November skepticism, on Cash App's stronger-than-expected growth and Dorsey's company-wide AI restructuring bet. Block beat on non-GAAP EPS and revenue, with adjusted EBITDA crossing $1B for the first time, but posted a sharp net income loss tied to layoffs. Cash App is the standout: primary banking actives grew 18% YoY to 9.7M, and inflows per active rose 10%, driven by direct deposit capture.
Price Targets
Block price target raised to $85 from $80 at Canaccord
$85.00
(was $70.63)
Joseph Vafi
·
Canaccord Genuity
Block price target raised to $75 from $65 at Macquarie
$75.00
(was $72.15)
Paul Golding
·
Macquarie
Block price target raised to $91 from $89 at Oppenheimer
$91.00
(was $74.42)
Oppenheimer
Block price target raised to $81 from $77 at Truist
$81.00
(was $70.20)
Matthew Coad
·
Truist Financial
Block initiated with a Market Perform at BMO Capital
$74.00
(was $71.77)
BMO Capital
Block price target raised to $88 from $78 at Cantor Fitzgerald
$88.00
(was $75.09)
Ramsey El-Assal
·
Cantor Fitzgerald
Block price target lowered to $70 from $87 at Cantor Fitzgerald
$70.00
(was $49.84)
Ramsey El-Assal
·
Cantor Fitzgerald
Block initiated with an Overweight at Cantor Fitzgerald
$87.00
(was $65.91)
Cantor Fitzgerald
Block price target raised to $72 from $68 at Truist
$72.00
(was $64.01)
Matthew Coad
·
Truist Financial
Block upgraded to Outperform from Neutral at BNP Paribas
$83.00
(was $70.00)
BNP Paribas
Block price target raised to $72 from $71 at Morgan Stanley
$72.00
(was $60.90)
Morgan Stanley
Block price target raised to $100 from $88 at Mizuho
$100.00
(was $64.50)
Mizuho Securities
Block price target lowered to $85 from $92 at Oppenheimer
$85.00
(was $63.01)
Rayna Kumar
·
Oppenheimer
Block price target raised to $74 from $70 at Truist
$74.00
(was $79.57)
Truist Financial
Block assumed with an Overweight at KeyBanc
$94.00
(was $77.73)
KeyBanc
Block initiated with an Overweight at Wells Fargo
$91.00
(was $77.73)
Wells Fargo
Block price target raised to $95 from $90 at Jefferies
$95.00
(was $76.50)
Jefferies
Block downgraded to Hold from Buy at BNP Paribas
$86.00
(was $76.23)
BNP Paribas
Block downgraded to Sell from Buy at Compass Point
$65.00
(was $74.23)
Dominick Gabriele
·
Compass Point
Block price target raised to $80 from $70 at BTIG
$80.00
(was $75.29)
BTIG