Block price target lowered to $82 from $96 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Block (XYZ) to $82 from $96 and keeps a Buy rating on the shares. Block delivered a solid quarter with headline beats but a minor Seller GP miss that drove a sharp post-earnings selloff amid stretched positioning and cautious fintech sentiment, the analyst tells invesotrs in a research note. Despite near-term volatility, the company’s accelerating topline momentum and expanding profitability position it as one of the stronger growth stories heading into 2026, Goldman argues.