Block (XYZ) stock has fallen 1.3% over the past week but gained 10.1% in the last month, leaving it down 3.3% over the past year. Wall Street’s analysts are strongly bullish, forecasting a move from the last close at $58.99 toward an average 12‑month price target of $84.94.
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That consensus target suggests meaningful upside, supported by an expected 47.0% share price return implied in recent research. Analysts see Block as well‑positioned in digital payments and financial technology, with the current price leaving room for growth if execution on new initiatives continues.
Citi analyst Bryan Keane reiterated his Buy rating on XYZ on 3/19/2026, setting a price target of $85.00, essentially in line with the overall Street forecast. His view points to substantial upside from current levels, reflecting confidence that Block’s strategy can unlock higher gross profit growth over the next few years.
Keane argues that investor attention has focused too much on Block’s 40% headcount reduction and margin gains, and not enough on its GenAI platform. He believes GenAI will accelerate product development and drive consolidated gross profit growth into the high‑teens, with potential outperformance versus consensus of about 180 bps in 2026 and roughly 430–440 bps in 2027 and 2028.
The analyst highlights several AI‑driven tools as key catalysts, including Cash App Green and Moneybot to boost inflows and monetization, and new field salesforce and Neighborhoods strategies to lift Square payment volumes and seller product adoption. This 4.7‑star analyst ranks 2,265 out of 12,068 on TipRanks, with a 53.66% success rate and 4.70% average return per rating. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.