Research Analysts’ Recent Ratings Changes for Block (XYZ)
by Doug Wharley · The Cerbat GemSeveral brokerages have updated their recommendations and price targets on shares of Block (NYSE: XYZ) in the last few weeks:
- 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 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”.
- 3/31/2026 – Block is now covered by Loop Capital. They set a “buy” rating and a $75.00 price target on the stock.
- 3/28/2026 – Block was downgraded by Wall Street Zen from “buy” to “hold”.
- 3/27/2026 – Block had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 3/25/2026 – Block had its price target lowered by Bank of America Corporation from $85.00 to $80.00. They now have a “buy” rating on the stock.
- 3/18/2026 – Block was upgraded by Truist Financial Corporation from “hold” to “buy”. They now have a $77.00 price target on the stock, up from $72.00.
- 3/18/2026 – Block was upgraded by Rothschild & Co Redburn from “sell” to “neutral”. They now have a $55.00 price target on the stock, up from $45.00.
- 3/17/2026 – Block had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $90.00 price target on the stock.
- 3/14/2026 – Block was upgraded by Wall Street Zen from “hold” to “buy”.
- 3/5/2026 – Block is now covered by Bank of America Corporation. They set a “buy” rating and a $88.00 price target on the stock.
- 3/3/2026 – Block was upgraded by Arete Research from “hold” to “strong-buy”.
- 3/3/2026 – Block was upgraded by HSBC Holdings plc from “hold” to “buy”. They now have a $77.00 price target on the stock, up from $70.00.
- 2/27/2026 – Block was upgraded by Raymond James Financial, Inc. to “moderate buy”.
- 2/27/2026 – Block had its price target raised by TD Cowen from $91.00 to $95.00. They now have a “buy” rating on the stock.
- 2/27/2026 – Block had its price target raised by Oppenheimer Holdings, Inc. from $85.00 to $89.00. They now have an “outperform” rating on the stock.
- 2/27/2026 – Block had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $70.00 price target on the stock.
- 2/27/2026 – Block was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $93.00 price target on the stock, up from $72.00.
- 2/27/2026 – Block had its “buy” rating reaffirmed by BTIG Research. They now have a $90.00 price target on the stock.
- 2/27/2026 – Block had its price target raised by Needham & Company LLC from $80.00 to $90.00. They now have a “buy” rating on the stock.
Insider Buying and Selling
In other Block news, insider Owen Britton Jennings sold 3,555 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $63.41, for a total transaction of $225,422.55. Following the transaction, the insider owned 231,262 shares in the company, valued at approximately $14,664,323.42. This represents a 1.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Brian Grassadonia sold 10,349 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $50.00, for a total transaction of $517,450.00. Following the transaction, the insider owned 503,784 shares in the company, valued at $25,189,200. The trade was a 2.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 15,806 shares of company stock worth $857,468 in the last 90 days. 10.49% of the stock is currently owned by company insiders.
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.