Block’s Chief Accounting Officer Resigns; Interim Successor Named

Block ( (XYZ) ) has provided an announcement.

On January 23, 2026, Block, Inc. announced that Chief Accounting Officer and Principal Accounting Officer Ajmere Dale, a nearly ten-year veteran of the company, submitted his resignation effective February 26, 2026, to pursue another opportunity. The company said Chief Financial Officer and Chief Operating Officer Amrita Ahuja will assume the role of Interim Principal Accounting Officer upon Dale’s departure while Block conducts a search for a permanent replacement, signaling a reliance on existing senior leadership to maintain continuity in its accounting function during the transition.

The most recent analyst rating on (XYZ) stock is a Hold with a $72.00 price target. To see the full list of analyst forecasts on Block stock, see the XYZ Stock Forecast page.

Spark’s Take on XYZ Stock

According to Spark, TipRanks’ AI Analyst, XYZ is a Outperform.

The score is driven primarily by strong financial performance (growth, improving profitability, solid cash generation, and low leverage). Earnings call guidance and sentiment add support via expectations for continued gross profit growth and margin expansion. Technical signals are mixed/neutral and temper the score, while valuation (P/E 13.5) is supportive; corporate actions (buyback expansion and enhanced liquidity) provide an additional tailwind.

To see Spark’s full report on XYZ stock, click here.

More about Block

Block, Inc. operates in the financial technology industry, providing digital payments, commerce, and financial services solutions to businesses and consumers, with a focus on innovative, technology-driven financial infrastructure.

Average Trading Volume: 7,300,806

Technical Sentiment Signal: Strong Sell

Current Market Cap: $38.06B

For an in-depth examination of XYZ stock, go to TipRanks’ Overview page.