A number of research firms have changed their ratings and price targets for Block (NYSE: XYZ):
- 6/10/2026 – Block was upgraded by Zacks Research from “hold” to “strong-buy”.
- 6/1/2026 – Block was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
- 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”.
Insider Transactions at Block
In other Block news, Director Anthony Mathew Eisen sold 135,750 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $76.81, for a total transaction of $10,426,957.50. Following the transaction, the director owned 2,032,990 shares in the company, valued at $156,153,961.90. This trade represents a 6.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Brian Grassadonia sold 8,166 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $68.01, for a total value of $555,369.66. Following the transaction, the insider owned 601,002 shares in the company, valued at approximately $40,874,146.02. This trade represents a 1.34% decrease in their position. 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. Over the last three months, insiders have sold 211,680 shares of company stock worth $15,861,321. Corporate insiders own 11.37% of the company’s stock.
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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