Block, Inc. Shs Chess Depository Interests Repr 1 Sh (AU:XYZ)
ASX:XYZ
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Block, Inc. Shs Chess Depository Interests Repr 1 Sh
(Sydney:XYZ)
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Rating:66Neutral
Price Target:
AU$102.00
â–²(11.94% Upside)
Action:ReiteratedDate:03/02/26
The score is driven primarily by improved profitability, stronger recent free cash flow, and a healthier balance sheet than prior years. This is tempered by slowing growth and bottom-line volatility, while technicals remain mixed (negative MACD and below longer-term moving averages) and valuation appears relatively expensive (P/E ~28.8) with no dividend yield provided.
Positive Factors
Free cash flow strength
Block’s recent cash-generation rebound is durable: operating cash flow rose to ~$2.67B and free cash flow to ~$2.51B in 2025, with FCF growth in the mid-30% range and FCF closely tracking net income (~0.91–0.94). This improves reinvestment capacity, lowers financing dependence, and supports strategic optionality over the medium term.
Negative Factors
Slowing revenue growth
After a multi-year scale-up (revenue ~9.5B in 2020 to ~25B in 2025), growth materially cooled with 2024 flat and only mid-single-digit growth in 2025. Slower top-line expansion reduces operating leverage, raises the bar for margin-driven earnings improvement, and constrains the pace of durable profit and cash-flow growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Free cash flow strength
Block’s recent cash-generation rebound is durable: operating cash flow rose to ~$2.67B and free cash flow to ~$2.51B in 2025, with FCF growth in the mid-30% range and FCF closely tracking net income (~0.91–0.94). This improves reinvestment capacity, lowers financing dependence, and supports strategic optionality over the medium term.
Read all positive factors
Block, Inc. Shs Chess Depository Interests Repr 1 Sh (XYZ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$53.06B
Dividend YieldN/A
Average Volume (3M)195.65K
Price to Earnings (P/E)29.6
Beta (1Y)1.64
Revenue Growth2.86%
EPS Growth182.56%
CountryAU
Employees12,000
SectorTechnology
Sector Strength88
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)0.91
Shares Outstanding539,103,000
10 Day Avg. Volume120,145
30 Day Avg. Volume195,654
Financial Highlights & Ratios
PEG Ratio-0.56
Price to Book (P/B)1.80
Price to Sales (P/S)1.60
P/FCF Ratio15.93
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$140.00Price Target Upside53.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)5.14
Revenue Forecast (FY)AU$37.84B
Block, Inc. Shs Chess Depository Interests Repr 1 Sh Business Overview & Revenue Model
Company Description
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers comme...
How the Company Makes Money
Block, Inc. generates revenue through several key streams. Primarily, it earns money from transaction fees charged to merchants for processing payments via the Square platform. This includes a percentage of each transaction as well as fixed fees f...
Block, Inc. Shs Chess Depository Interests Repr 1 Sh Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 25.04B | 24.12B | 21.92B | 17.53B | 17.66B |
| Gross Profit | 10.58B | 8.89B | 7.50B | 5.99B | 4.42B |
| EBITDA | 3.71B | 2.06B | 790.38M | 313.25M | 554.99M |
| Net Income | 1.35B | 2.90B | 9.77M | -540.75M | 166.28M |
Balance Sheet | |||||
| Total Assets | 39.58B | 36.77B | 32.96B | 31.61B | 13.88B |
| Cash, Cash Equivalents and Short-Term Investments | 8.16B | 9.38B | 6.60B | 6.31B | 5.32B |
| Total Debt | 9.23B | 7.92B | 6.06B | 6.38B | 5.00B |
| Total Liabilities | 17.39B | 15.54B | 14.31B | 14.22B | 10.58B |
| Stockholders Equity | 22.22B | 21.27B | 18.70B | 17.36B | 3.27B |
Cash Flow | |||||
| Free Cash Flow | 2.51B | 1.55B | -50.19M | 5.09M | 543.51M |
| Operating Cash Flow | 2.67B | 1.71B | 100.96M | 175.90M | 847.83M |
| Investing Cash Flow | -2.90B | 649.95M | 683.20M | 1.23B | -1.31B |
| Financing Cash Flow | -634.48M | 1.95B | -240.14M | 97.58M | 2.65B |
Block, Inc. Shs Chess Depository Interests Repr 1 Sh Technical Analysis
Positive
91.12
Price Trends
83.62
Positive
90.38
Negative
102.25
Negative
Market Momentum
0.70
Negative
53.46
Neutral
87.54
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:XYZ, the sentiment is Positive. The current price of 91.12 is above the 20-day moving average (MA) of 86.26, above the 50-day MA of 83.62, and below the 200-day MA of 102.25, indicating a neutral trend. The MACD of 0.70 indicates Negative momentum. The RSI at 53.46 is Neutral, neither overbought nor oversold. The STOCH value of 87.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:XYZ.
Block, Inc. Shs Chess Depository Interests Repr 1 Sh Risk Analysis
Block, Inc. Shs Chess Depository Interests Repr 1 Sh disclosed 50 risk factors in its most recent earnings report. Block, Inc. Shs Chess Depository Interests Repr 1 Sh reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Block, Inc. Shs Chess Depository Interests Repr 1 Sh Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | AU$414.20M | 7.43 | 8.20% | ― | 1.06% | -30.96% | |
66 Neutral | AU$53.06B | 29.58 | 5.91% | ― | 2.86% | 182.56% | |
63 Neutral | AU$69.72M | 7.18 | 19.30% | ― | 13.74% | 70.80% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | AU$1.22B | -28.32 | -5.99% | ― | 16.28% | -102.98% | |
45 Neutral | AU$11.75M | -0.48 | -158.38% | ― | 106.21% | -60.61% |
* Technology Sector Average
AU:XYZ
Block, Inc. Shs Chess Depository Interests Repr 1 Sh
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0.78
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Block, Inc. Shs Chess Depository Interests Repr 1 Sh Corporate Events
Block Engineering Lead Adjusts Equity Holdings Through Tax Withholding
Feb 25, 2026
Block, Inc. reported a change in beneficial ownership by engineering lead Arnaud Weber, who had 4,498 Class A common shares withheld by the company to cover income tax and withholding obligations tied to the net settlement of restricted stock unit...
Block Executive Has Shares Withheld to Cover Tax on Equity Award
Feb 25, 2026
Block, Inc. disclosed that company officer and business lead Owen Britton Jennings had 7,901 shares of Class A common stock withheld by the company on February 20, 2026 to cover income tax and withholding obligations tied to the net settlement of ...
Block, Inc. Executive Updates Holdings After RSU Tax Withholding
Feb 25, 2026
Block, Inc. reported a change in the beneficial ownership of its Class A common stock by Chief Legal Officer Chrysty Esperanza, reflecting internal equity administration rather than an open-market transaction. The company withheld 2,573 shares on ...
Block CAO Has Shares Withheld to Cover Tax on Vested Stock Units
Feb 25, 2026
Block, Inc. disclosed that Chief Accounting Officer Dale Ajmere had 1,954 shares of Class A common stock withheld by the company to cover income tax and withholding obligations tied to the net settlement of restricted stock units. Following this a...
Block CFO Amrita Ahuja Reports Routine Share Withholding for Tax on RSUs
Feb 25, 2026
Block, Inc.’s chief financial officer and chief operating officer, Amrita Ahuja, reported a change in her beneficial ownership of the company’s Class A common stock. A total of 7,519 shares were withheld by the company at a price of $5...
Block Executive Plans Additional Insider Sale of Common Stock
Feb 24, 2026
Block, Inc. disclosed that company officer Brian Grassadonia plans to sell 10,349 shares of the company’s common stock through Morgan Stanley Smith Barney, with the transaction targeted for February 24, 2026 on the NYSE. The filing also note...
Block, Inc. Reports January CDI Movements on ASX
Feb 4, 2026
Block, Inc. has reported its January 2026 statement of CHESS Depository Interests on issue, showing 37,952,695 CDIs over its quoted securities on the ASX at month-end, down from 38,680,753 the previous month, reflecting a net reduction of 728,058 ...
Block, Inc. Reaffirms Distributed Work Model in Latest SEC Filing
Jan 26, 2026
Block, Inc. has filed a current report with the U.S. Securities and Exchange Commission dated January 21, 2026, confirming its corporate details, including its NYSE-listed Class A common stock and its use of a distributed work model. While the com...
Block Ecosystem Lead Trims Stake in Routine Share Sales
Jan 7, 2026
Block, Inc. Ecosystem Lead Brian Grassadonia reported the sale of a small portion of his Class A common stock, conducted through automatic transactions linked to restricted stock unit vesting and a pre-established Rule 10b5-1 trading plan. The tra...
Block Executive Sells Shares to Cover Tax Obligations on Vesting
Jan 7, 2026
Block, Inc. disclosed that company officer and Business Lead Owen Britton Jennings sold 822 shares of Class A common stock on 2 January 2026 at a price of $63.98 per share. The sale was an automatic transaction to cover income tax withholding obli...
Block Chief Legal Officer Sells Shares to Cover Tax on Vesting Awards
Jan 7, 2026
Block, Inc.’s Chief Legal Officer, Chrysty Esperanza, reported the automatic sale of 331 Class A common shares on 2 January 2026 at a price of $63.98 per share. The transaction was executed solely to cover income tax withholding obligations ...
Block Chief Accounting Officer Reports Routine Insider Stock Sales
Jan 7, 2026
Block, Inc.’s Chief Accounting Officer, Dale Ajmere, reported the sale of a small portion of his Class A common stock holdings, totaling 1,173 shares, at prices between roughly $64 and $66 per share. A portion of the shares was sold automati...
Block CFO Amrita Ahuja Sells Shares to Cover Tax Withholding on RSU Vesting
Jan 7, 2026
Block, Inc.’s chief financial and operating officer, Amrita Ahuja, reported the sale of 1,101 Class A common shares on 2 January 2026 at a price of $63.98 per share, a transaction conducted to cover tax withholding obligations arising from t...
Block Director Neha Narula Reports New Stock Grant and Delegates SEC Filing Authority
Jan 6, 2026
Block, Inc. director Neha Narula reported the acquisition of 297 shares of Block Class A common stock in the form of fully vested restricted stock units granted under the company’s outside director compensation policy, bringing her directly ...
Block Director Mary Meeker Receives Fully Vested RSU Grant at Fintech Group
Jan 6, 2026
Block, Inc. director Mary G. Meeker received a grant of 288 fully vested restricted stock units (RSUs), each representing one share of Class A common stock, under the company’s outside director compensation policy on 2 January 2026, bringing...
Block Director Shawn Corey Carter Increases Equity Stake Through RSU Grant
Jan 6, 2026
Block, Inc. director Shawn Corey Carter, better known as Jay-Z, reported receiving 192 Class A common shares in the form of fully vested restricted stock units granted under the company’s outside director compensation policy. Following the t...
Block Director Amy Brooks Receives RSUs and Formalizes SEC Filing Authority
Jan 6, 2026
Block, Inc. director Amy Brooks received 230 fully vested restricted stock units, each representing one share of Class A common stock, as part of the company’s outside director compensation policy, bringing her directly held beneficial owner...
Block Executive Brian Grassadonia Plans Additional Sale of Company Shares Under Rule 144
Jan 6, 2026
Block, Inc. disclosed that company officer Brian Grassadonia has filed a notice to sell 1,983 shares of Block common stock under Rule 144, with the shares to be sold through Morgan Stanley Smith Barney on or around January 6, 2026. The planned sal...
Block, Inc. Updates ASX on December CDI and Share Capital Movements
Jan 5, 2026
Block, Inc. reported its monthly CHESS Depositary Interest (CDI) statement for December 2025, showing 38,680,753 CDIs on issue over its quoted securities on the ASX, down from 39,053,837 the previous month, primarily due to net transfers between C...
Block Executive Files Rule 144 Notice for Additional Share Sale
Jan 5, 2026
Block, Inc. disclosed that company officer Owen Britton Jennings has filed a notice to sell 822 shares of the company’s Class A common stock under Rule 144, with Morgan Stanley Smith Barney LLC acting as broker for the planned transaction on...
Block Executive Files Notice to Sell Additional Class A Shares
Jan 5, 2026
An officer of Block, Inc., Chrysty Esperanza, has filed a notice of proposed sale of 331 shares of the company’s Class A common stock under Rule 144, with Morgan Stanley Smith Barney LLC acting as broker. The filing also discloses that Esper...
Block Executive Ajmere Dale Files to Sell Additional Block, Inc. Shares Under Rule 144
Jan 5, 2026
Block, Inc. officer Ajmere Dale has filed a notice of proposed sale of 423 shares of the company’s Class A common stock under Rule 144, to be executed through Morgan Stanley Smith Barney. The filing also discloses that Dale received the shar...
Block Executive Amrita Ahuja Files to Sell Additional Block Shares
Jan 5, 2026
Block, Inc. disclosed that company officer Amrita Ahuja has filed a notice to sell 1,101 shares of the company’s Class A common stock through Morgan Stanley Smith Barney, with the planned transaction set for early January 2026 on the NYSE. T...
Block, Inc. Reports Decrease in CDIs for November 2025
Dec 2, 2025
Block, Inc. has reported a net decrease in the number of Chess Depository Interests (CDIs) issued over quoted securities for November 2025, with a reduction of 1,241,734 CDIs compared to the previous month. This change is attributed to net transfe...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.