Block, Inc. (XYZ)
| Market Cap | 30.97B |
| Revenue (ttm) | 23.94B |
| Net Income (ttm) | 2.61B |
| Shares Out | 615.02M |
| EPS (ttm) | 4.12 |
| PE Ratio | 12.21 |
| Forward PE | 16.22 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 12,274,567 |
| Open | 50.23 |
| Previous Close | 50.11 |
| Day's Range | 50.09 - 51.27 |
| 52-Week Range | 44.27 - 99.26 |
| Beta | 2.83 |
| Analysts | Buy |
| Price Target | 73.59 (+46.13%) |
| 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]
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 StatementsAnalyst Forecast
According to 30 analysts, the average rating for XYZ stock is "Buy." The 12-month stock price forecast is $73.59, which is an increase of 46.13% from the latest price.
News
ON Slides Despite Earnings Beat, XYZ Downgrade, TSN Revenue Trim
Onsemi (ON) sold off this morning despite posting an earnings beat and guidance raise. Diane King Hall says an uncertain auto industry outlook may play a role in the selling action.
Block: Dead Man Walking (Rating Downgrade)
Block, Inc. saw a 20% stock price decline after Q1 earnings, with lowered guidance and slowing growth across the board. The company missed EPS estimates in three of the last four quarters, with net in...
Block shares plummet 20% as Q1 earnings miss rattles Wall Street
CNBC's MacKenzie Sigalos joins 'Closing Bell' to discuss Block's earnings miss as investors digest a brutal quarterly report and a wave of analyst downgrades centered on Cash App.
Block Shares Crash On Cash App Miss: Analyst Says 'Not An Investable Story'
Block Inc XYZ shares are tanking on Friday after the company announced on Thursday downbeat first-quarter results.
Earnings show one tech segment starting to feel the tariff pinch fastest
Tariffs remain top of mind for tech companies this earnings season, but some businesses are feeling more pain than others. Advertising-heavy businesses seem to be holding on in the near-term as consum...
Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
Shares of Block fell more than 20% Friday (May 2), as slowing growth has prompted management to issue cautious guidance. As PYMNTS noted in its own coverage, there's a bit of brand repositioning in th...
XYZ Sinks 20%, RDDT Sells on Strong Earnings, TTWO Down on GTA VI Delay
Diane King Hall turns to interesting market movers kicking off Friday's trading session. The biggest downside was seen in Block (XYZ), shedding more than 20% after a double miss and shaky guidance due...
Block shares tumble after 2025 profit forecast cut
Block's shares fell 22% on Friday, hitting their lowest since November 2023 after the payments firm cut its profit forecast for the year.
Block plunges 20% as Cash App miss triggers downgrades
Block shares were on track for their second-worst day, plunging more than 20% after a brutal quarterly report and a wave of analyst downgrades. Analysts flagged fresh concerns around stagnant Cash App...
Block, Atlassian, Apple, Roku, Amazon And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining around 200 points on Friday.
Block, Inc. (XYZ) Q1 2025 Earnings Call Transcript
Block, Inc. (NYSE:XYZ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Nikhil Dixit - Head of Investor Relations Jack Dorsey - Block Head, Chairman, and Co-Founder of Blo...
Block Renews Bets on AI, Ecosystem Lending as Growth Softens
For a company long hailed as a tech disruptor in financial services, Block's Q1 2025 results present a paradox. One of slowing growth amid a flurry of innovation.
Block Q1 Earnings: Don't Let This Selloff Go To Waste
Block, Inc. is a Strong Buy stemming from strong subscription & services performance and the likelihood of a bottom in its growth woes. The company is developing a full stack bitcoin mining platform, ...
Block Cuts Annual Guidance After Drop in Quarterly Revenue, Profit
The parent company of Cash App and Square noticed changes to consumer spending as a result of the macro environment.
Block shares plunge on revenue miss
CNBC's MacKenzie Sigalos joins 'Closing Bell: Overtime' to discuss Block earnings.
Block shares plunge 17% on revenue miss
Block reported weaker-than-expected revenue for the first quarter. The stock plunged in extended trading.
Here's why Block is taking a more cautious view of the year ahead
Block's stock is falling after Cash App customers got more hesitant about spending and inflows.
Block's first quarter profit falls as spending slowdown fears mount
Payments firm Block reported a fall in first-quarter profit on Thursday, highlighting worries about reduced consumer spending due to the ongoing trade tensions between the U.S. and China.
Block Announces First Quarter 2025 Results
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) has posted its results for the first quarter of 2025 on the Financials section of its Investor Relations website at inv...
Riot Vs. MicroStrategy (Strategy) Vs. Block: One Bull, One Bear, One In The Balance Ahead Of Q1 Earnings
As earnings season heats up, three crypto-adjacent players — Riot Platforms Inc RIOT, MicroStrategy Inc (Strategy) MSTR, and Block Inc XYZ — are stepping into the spotlight after the bell today. But h...
MSTR, RIOT & XYZ: Crypto Sentiment Heading into Earnings
A slew of crypto-tied stocks are on deck to report earnings. Dan Novaes notes Strategy (MSTR) CEO Michael Saylor holds bullish sentiment on the company's outlook even with first quarter difficulties f...
Block Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Block, Inc. XYZ will release earnings results for the first quarter, after the closing bell on Thursday, May 1.
Square Updates Banking Offering to Bolster Business Cash Management
Square has debuted banking tools designed to help sellers gain instant access to their funds. The expansion of the platform's banking service lets business owners sign up for a Square payments account...
Block: Falling Like Rain, But It's Time To Embrace The Pain
Block, Inc. investors navigated a severe hammering over the past few months, as the market sent it crashing down 50%. As a fintech growth stock, investors are arguably pricing in significant economic ...
Square Expands Banking Services to Give Sellers Better Control of Their Cash Flow
OAKLAND, Calif.--(BUSINESS WIRE)--Square announced new Square Banking tools that give sellers instant access to their cash flow and free, easier ways to manage their earnings. Today, business owners c...