Block Stock Forecast: Trending Strongly Among Top Analysts

Block (XYZ) stock has risen 4.1% over the past week, 19.4% over the past month, and an impressive 48.6% over the last year. Wall Street’s analysts are strongly bullish, forecasting further gains as they see upside from current levels, with a 12‑month average price target of $87.72 versus the last closing price of $74.85.

Analyst Andrew Harte of BTIG reiterated a Buy rating on 5/8/2026 with a $90 price target, implying upside from today’s price and naming XYZ his top pick. Harte highlights a “beat and raise” first quarter, driven by 27.1% gross profit growth, standout performance from Cash App, and expanding margins supported by AI initiatives.

Harte notes that XYZ is growing mid‑teens while trading at what he views as attractive valuations of 9x FY26 EV/EBITDA and 18x adjusted P/E, even after the stock’s recent strength. He also points to rapid progress in AI tools like Moneybot and Managerbot, which are boosting productivity and could unlock new monetization opportunities despite a modest slowdown in primary banking active growth.

Analyst Bryan Bergin reiterated his Buy rating on 5/8/2026 and raised his price target from $95 to $101, seeing XYZ as a top pick after what he calls a clean beat‑and‑raise quarter. Bergin emphasizes improving visibility for the rest of the year, stronger operating leverage, and record profitability driven by disciplined spending and AI‑enabled organizational changes.

Analyst Mayank Tandon also reiterated a Buy on 5/8/2026, lifting his price target to $100 as he sees the risk‑reward as attractive at roughly 8x EV/CY27 EBITDA. Tandon cites accelerating Cash App and Square trends, rising product velocity, and successful restructuring, reinforcing the strong Buy consensus around XYZ.

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