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Block Inc. Positioned for Growth: Analyst Recommends ‘Buy’ for 2026 with Strategic Initiatives Driving Value

Block Inc. Positioned for Growth: Analyst Recommends ‘Buy’ for 2026 with Strategic Initiatives Driving Value

Block, the Technology sector company, was revisited by a Wall Street analyst today. Analyst Bryan Bergin from TD Cowen maintained a Buy rating on the stock and has a $91.00 price target.

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Bryan Bergin has given his Buy rating due to a combination of factors that highlight Block’s potential for growth and value. The company is positioned as a top pick for 2026, driven by initiatives in Cash App and Square that are expected to support significant growth in gross profit and earnings. Bergin notes that the company’s execution has shown improvement, particularly with the traction observed in 2025, which suggests a path towards consistent performance and addressing the current stock mispricing.
Bergin emphasizes that Block’s strategic focus and urgency are likely to unlock underappreciated growth opportunities, leading to an expansion in earnings and cash flow. Despite the stock trading at a discount compared to historical averages, the company’s financial targets and organizational improvements, such as the functional reorganization and clear strategic plans, are expected to drive value. The renewed momentum in product development and market initiatives further supports a positive financial outlook, which is anticipated to attract long-term investors.

According to TipRanks, Bergin is an analyst with an average return of -0.4% and a 44.90% success rate. Bergin covers the Technology sector, focusing on stocks such as Block, Accenture, and Globant SA.

In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $68.00 price target.

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