Block (XYZ) – Analysts’ Recent Ratings Updates

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.

Block (NYSE:XYZ) is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block’s portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.

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.

Further Reading

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