A number of firms have modified their ratings and price targets on shares of Block (NYSE: XYZ) recently:
- 5/29/2026 – Block had its price target raised by Morgan Stanley from $96.00 to $98.00. They now have an “overweight” rating on the stock.
- 5/27/2026 – Block had its price target raised by Truist Financial Corporation from $81.00 to $82.00. They now have a “buy” rating on the stock.
- 5/18/2026 – Block was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
- 5/18/2026 – Block had its price target raised by Canaccord Genuity Group Inc. from $80.00 to $85.00. They now have a “buy” rating on the stock.
- 5/12/2026 – Block was downgraded by Zacks Research from “strong-buy” to “hold”.
- 5/9/2026 – Block was upgraded by Wall Street Zen from “hold” to “buy”.
- 5/8/2026 – Block had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $91.00 price target on the stock.
- 5/8/2026 – Block had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc..
- 5/8/2026 – Block had its price target raised by Citigroup Inc. from $85.00 to $100.00. They now have a “buy” rating on the stock.
- 5/8/2026 – Block had its price target raised by Royal Bank Of Canada from $90.00 to $93.00. They now have an “outperform” rating on the stock.
- 5/8/2026 – Block had its price target raised by Piper Sandler from $51.00 to $58.00. They now have an “underweight” rating on the stock.
- 5/8/2026 – Block had its price target raised by Keefe, Bruyette & Woods from $85.00 to $90.00. They now have an “outperform” rating on the stock.
- 5/8/2026 – Block had its price target raised by Needham & Company LLC from $90.00 to $95.00. They now have a “buy” rating on the stock.
- 5/8/2026 – Block had its “buy” rating reaffirmed by BTIG Research. They now have a $90.00 price target on the stock.
- 5/4/2026 – Block was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
- 4/24/2026 – Block had its price target raised by Truist Financial Corporation from $77.00 to $81.00. They now have a “buy” rating on the stock.
- 4/22/2026 – Block had its “buy” rating reaffirmed by BTIG Research. They now have a $90.00 price target on the stock.
- 4/21/2026 – Block is now covered by BMO Capital Markets. They set a “market perform” rating and a $74.00 price target on the stock.
- 4/21/2026 – Block was upgraded by BMO Capital Markets to “hold”.
- 4/21/2026 – Block had its price target raised by Cantor Fitzgerald from $78.00 to $88.00. They now have an “overweight” rating on the stock.
- 4/19/2026 – Block was downgraded by Wall Street Zen from “buy” to “hold”.
- 4/13/2026 – Block was upgraded by Zacks Research from “hold” to “strong-buy”.
- 4/11/2026 – Block was upgraded by Wall Street Zen from “hold” to “buy”.
Insiders Place Their Bets
In other news, insider Owen Britton Jennings sold 1,316 shares of Block stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $68.54, for a total value of $90,198.64. Following the sale, the insider directly owned 479,662 shares in the company, valued at approximately $32,876,033.48. This trade represents a 0.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Chrysty Esperanza sold 3,000 shares of Block stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $75.00, for a total value of $225,000.00. Following the completion of the sale, the insider owned 268,169 shares in the company, valued at approximately $20,112,675. This represents a 1.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,485 shares of company stock valued at $3,573,346 in the last 90 days. 11.37% of the stock is owned by corporate insiders.
The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.
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