Block, Inc. (XYZ)

NYSE: XYZ · Real-Time Price · USD
55.01
+0.35 (0.64%)
Apr 15, 2025, 1:48 PM EDT - Market open
0.64%
Market Cap 34.08B
Revenue (ttm) 24.12B
Net Income (ttm) 2.90B
Shares Out 619.60M
EPS (ttm) 4.56
PE Ratio 12.07
Forward PE 12.47
Dividend n/a
Ex-Dividend Date n/a
Volume 2,059,930
Open 54.82
Previous Close 54.66
Day's Range 54.66 - 55.90
52-Week Range 46.42 - 99.26
Beta 2.77
Analysts Buy
Price Target 89.81 (+63.26%)
Earnings Date May 1, 2025

About XYZ

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 commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order managers, and payment and commerce application programming interfaces; managed payment services; software solutions; hardware products, such as register... [Read more]

Sector Technology
IPO Date Nov 19, 2015
Employees 11,372
Stock Exchange NYSE
Ticker Symbol XYZ
Full Company Profile

Financial Performance

In 2024, Block's revenue was $24.12 billion, an increase of 10.06% compared to the previous year's $21.92 billion. Earnings were $2.90 billion, an increase of 29546.41%.

Financial numbers in USD Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for XYZ stock is "Buy." The 12-month stock price forecast is $89.81, which is an increase of 63.26% from the latest price.

Price Target
$89.81
(63.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Block, Inc. Long-Term Shareholder Announcement: Johnson Fistel Encourages Investors to Reach Out For More Information About Continuing Investigation

SAN DIEGO, April 10, 2025 (GLOBE NEWSWIRE) -- Johnson Fistel, PLLP is investigating potential claims on behalf of Block, Inc. (NYSE: SQ) against certain of its officers and directors to hold them resp...

Other symbols: IBTA
4 days ago - GlobeNewsWire

Block Fined $40 Million for Cash App's Anti-Money Laundering Failures

Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. The New York Department of Financial Services (NYDFS) announced the penalty Thursday (April 10), saying it...

5 days ago - PYMNTS

Cash App owner Block pays $40 million fine to New York over compliance failures

Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money laundering on it...

5 days ago - Reuters

Block to Announce First Quarter 2025 Results

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) will release financial results for the first quarter of 2025 on Thursday, May 1, 2025, after market close. Block will a...

11 days ago - Business Wire

Cash App's Growing Number of Direct Deposits Marks Progress in Expansion Efforts

Block's Cash App is reportedly making progress in its efforts to offer banking services to customers who mostly use the app to make payments. The number of the app's users who have their paychecks dir...

12 days ago - PYMNTS

Cash App Afterpay Reveals That Credit Card "Ick" is Real with Nearly Two-Thirds of Gen Z Ditching Credit Cards for Smarter Spending

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Today, Cash App Afterpay released the Why Credit Cards Give Gen Z The Ick Report, a deep dive into the evolving financial behaviors of next gener...

14 days ago - Business Wire

NVDA Chip Shortage, BABA DeepSeek Rival, XYZ Lays Off 8% of Staff

Diane King Hall turns to the morning's biggest movers, starting with Block (XYZ), which slid in the market after the company laid off part of its staff. The A.I. race heats up in China after Alibaba (...

Other symbols: NVDABABA
19 days ago - Schwab Network

Jack Dorsey Says Block Not 'Replacing Folks With AI' In Letter Explaining 900+ Job Cuts

Fintech Block Inc XYZ is the latest company to announce a series of layoffs with 931 people, or around 8% of the company laid off in the latest round.

20 days ago - Benzinga

Block Cuts 8% of Staff Citing ‘Strategy' and ‘Performance' Reasons

Financial services company Block has reportedly laid off 8% of its workforce. The job cuts impact 931 people, TechCrunch reported, citing a Tuesday (March 25) email from Block Co-founder and CEO Jack ...

20 days ago - PYMNTS

Jack Dorsey's Block to lay off nearly 1,000 workers in another reorganization

Fintech firm, operating CashApp, Square and Tidal, to close nearly 800 open jobs in second such move in just over a year

20 days ago - The Guardian

Block: Massive Selloff Provides A Good Entry Point

Block has seen its stock decline by over 25% since the recent earnings. The company missed on both the revenue and EPS estimates, but it still shows a strong potential in key segments. The Square GPV ...

25 days ago - Seeking Alpha

Calls of the Day: Berkshire Hathaway, Block and Uber

The Investment Committee discuss the latest Calls of the Day.

Other symbols: UBER
4 weeks ago - CNBC Television

Options Corner: XYZ (The Fintech Stock Formerly Known as SQ)

Block (XYZ) has gone by many names and ticker symbols. But, as the fintech company embraces its blockchain roots, the analyst community is weighing in as Keefe Bruyette upgraded the stock to an Outper...

4 weeks ago - Schwab Network

Cash App Gives Users BNPL Options With Afterpay Partnership

Mobile payments provider Cash App says it has formed a pay later partnership with Afterpay. Beginning this week, Cash App customers will have access to Afterpay's buy now, pay later (BNPL) offering wh...

4 weeks ago - PYMNTS

Block: Extreme Value At A Rock Bottom Valuation With Incredible Potential

I was bearish on XYZ due to excessive stock-based compensation, but improved financials and profitability have changed my investment thesis to very bullish. XYZ's expected EPS growth and forward P/E r...

4 weeks ago - Seeking Alpha

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Block

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Block To Contact Him Directly To Discuss Their Options

4 weeks ago - GlobeNewsWire

Block bets on lending expansion after stock slump

Block is expanding consumer lending through Cash App Borrow, announcing on Thursday that it obtained FDIC approval to issue loans out of its banking subsidiary. Growth has slowed at the company, and t...

4 weeks ago - CNBC

Square Financial Services to Service and Originate Cash App Borrow Loans

Block said Thursday (March 13) that its industrial bank, Square Financial Services (SFS), received approval from the Federal Deposit Insurance Corp. (FDIC) to offer the company's consumer loan product...

4 weeks ago - PYMNTS

Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO & SALT LAKE CITY--(BUSINESS WIRE)--Today, Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from ...

4 weeks ago - Business Wire

SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Block

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In Block To Contact Him Directly To Discuss Their Options If you suffe...

4 weeks ago - PRNewsWire

Block Becomes First Company in North America to Deploy the Latest NVIDIA GB200 Systems for Frontier Models

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Today, Block, Inc. (NYSE: XYZ) announced it will be the first company in North America to deploy the NVIDIA DGX SuperPOD with DGX GB200 systems...

4 weeks ago - Business Wire

Block: Material Margin Expansion, With A Cheap Valuation

Block's stock has faced significant drawdowns but shows potential for a rebound due to undervaluation and improved operating margins. Despite disappointing Q4 earnings and guidance, Block's EPS grew 5...

5 weeks ago - Seeking Alpha

Block Q4: Expecting A Growth Inflection After Q1 FY2025

Block is down 28% after disappointing Q4 FY2024 results and a weak Q1 FY2025 outlook, driven by strong currency headwind and lapping leap-year effect. The FY2025 outlook signals a growth rebound after...

5 weeks ago - Seeking Alpha

An S&P 500 reshuffle is coming. These are the top candidates to join the index.

Coinbase, AppLovin and Block are among companies that meet the criteria for S&P 500 inclusion.

Other symbols: APPCOIN
5 weeks ago - Market Watch

Enthusiast Gaming Launches New Season of its Content Creator Competition, Rising Stars

LOS ANGELES, March 06, 2025 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, announced that Lu...

Other symbols: CRSR
5 weeks ago - GlobeNewsWire