Block Stock Forecast: Trending Bullish Among Top Analysts

Block (XYZ) stock has fallen 8.5% over the past week, but still shows a 2.7% gain over the last month and a modest 1.2% rise over the past year. Wall Street’s analysts are strongly bullish, forecasting a move toward a 12‑month price target of $85.26 from the last close at $55.98, signaling meaningful upside for patient investors.

The most recent call comes from analyst Bryan Bergin, who reiterated a Buy rating on XYZ with a $95 price target, implying substantial upside from current levels. Bergin’s meetings with Block’s investor relations team across Europe reinforced confidence in the company’s message after the fourth quarter and strengthened his conviction in the stock as a top pick for 2026.

Bergin highlights Block’s internal adoption of AI, its 40% workforce reduction, and ongoing product development across Cash App and Square as key pillars of the bullish case. He notes that Block appears to be managing its major workforce reset effectively while maintaining confidence in its 2026 outlook and medium‑term framework.

The analyst also points to strong growth drivers, including Cash App Borrow expansion, primary banking active growth, and Square’s competitive positioning in industries like food and beverage. Short‑term business trends seem aligned with management’s plan, and positive signs from U.S. consumer resilience and 2025 tax refund activity could support modest outperformance versus Street expectations.

Despite outperforming many fintech peers year‑to‑date, Block shares are down about 8% amid broader market and consumer concerns, leaving valuation at what Bergin views as attractive earnings, EBITDA, and free‑cash‑flow multiples for 2027. This N‑star analyst ranks 11,404 out of 12,068, with a 39.42% success rate and an average return of -3.60% per rating. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.