XYZ
Block, Inc.
About: Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2023, Square's payment volume was a little over $200 million.
Employees: 12,985
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 15 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 24 [Q2] → 24 (+0) [Q3]
3% less capital invested
Capital invested by funds: $27B [Q2] → $26.3B (-$684M) [Q3]
3% less first-time investments, than exits
New positions opened: 110 | Existing positions closed: 113
5% less repeat investments, than reductions
Existing positions increased: 330 | Existing positions reduced: 347
2% less funds holding
Funds holding: 977 [Q2] → 961 (-16) [Q3]
17% less call options, than puts
Call options by funds: $1.28B | Put options by funds: $1.54B
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$65
25%
downside
Avg. target
$102
17%
upside
High target
$120
39%
upside
15 analyst ratings
11 positive
73%
3 neutral
20%
1 negative
7%
Wells Fargo Andrew Bauch 74% 1-year accuracy 28 / 38 met price target | 10%upside $95 | Overweight Maintained | 16 Jan 2025 |
Citigroup Andrew Schmidt 80% 1-year accuracy 8 / 10 met price target | 25%upside $108 | Buy Maintained | 14 Jan 2025 |
Keefe, Bruyette & Woods Vasundhara Govil 71% 1-year accuracy 5 / 7 met price target | 16%upside $100 | Market Perform Maintained | 6 Jan 2025 |
Raymond James John Davis 86% 1-year accuracy 6 / 7 met price target | 33%upside $115 | Outperform Upgraded | 3 Jan 2025 |
Oppenheimer Rayna Kumar 74% 1-year accuracy 14 / 19 met price target | 33%upside $115 | Outperform Upgraded | 19 Dec 2024 |
Financial journalist opinion
Based on 30 articles about XYZ published over the past 30 days
Neutral
Accesswire
14 hours ago
Class Action Filed Against Block, Inc. (XYZ) - March 18, 2025 Deadline to Join - Contact Levi & Korsinsky
NEW YORK, NY / ACCESS Newswire / February 4, 2025 / If you suffered a loss on your Block, Inc. (NYSE:XYZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=127192&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
15 hours ago
Block, Inc. (XYZ) Faces Securities Class Action, Regulators Levy Cash App Fines Following Investigations Going Back to Hindenburg Report– Hagens Berman
SAN FRANCISCO, CA / ACCESS Newswire / February 4, 2025 / Investors in Block, Inc. (NYSE: SQ) n/k/a (NYSE:XYZ) began to learn of potentially adverse information about the company and its Square and Cash App platforms on Mar. 23, 2023, when Hindenburg Research published a scathing report on the company. After a 2-year investigation, which included dozens of interviews with former employees, partners, and industry experts, Hindenburg concluded, in part, that Block had "wildly overstated its genuine user counts" and "[c]ore to the issue is that Block has embraced one traditionally ‘underbanked' segment of the population: criminals.
Neutral
Accesswire
15 hours ago
Block, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before March 18, 2025 to Discuss Your Rights – XYZ
NEW YORK, NY / ACCESS Newswire / February 4, 2025 / If you suffered a loss on your Block, Inc. (NYSE:XYZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=127171&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
17 hours ago
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Block, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SQ, XYZ
NEW YORK, NY / ACCESS Newswire / February 4, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of Block, Inc. (NYSE:SQ)(NYSE:XYZ) between February 26, 2020 and April 30, 2024, both dates inclusive (the "Class Period"), of the important March 18, 2025 lead plaintiff deadline. SO WHAT: If you purchased Block Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
Positive
PYMNTS
20 hours ago
Square, Cash App and Visa Support Small Businesses With Technology
Square, Cash App and Visa partnered with New Orleans nonprofit organization Propeller to provide local food and beverage businesses with technology and support to help them succeed.
Neutral
GlobeNewsWire
1 day ago
Investors who lost money on Block, Inc. (SQ) (XYZ) should contact Levi & Korsinsky about pending Class Action - SQ, XYZ
NEW YORK, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Block, Inc. ("Block" or the "Company") (NYSE: XYZ) (formerly (NYSE: SQ)) of a class action securities lawsuit.
Neutral
PRNewsWire
1 day ago
SQ Investors Have Opportunity to Lead Block, Inc. Securities Fraud Lawsuit
NEW YORK , Feb. 3, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of Class A common stock of Block, Inc. (NYSE: SQ, XYZ) between February 26, 2020 and April 30, 2024, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than March 18, 2025.
Neutral
Accesswire
1 day ago
Contact Levi & Korsinsky by March 18, 2025 Deadline to Join Class Action Against Block, Inc. (XYZ)
NEW YORK, NY / ACCESS Newswire / February 3, 2025 / If you suffered a loss on your Block, Inc. (NYSE:XYZ) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/block-inc-lawsuit-submission-form-2?prid=126860&wire=1 or contact Joseph E. Levi, Esq.
Neutral
GlobeNewsWire
1 day ago
The Gross Law Firm Reminds Block Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of March 18, 2025 – SQ, XYZ
NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Block, Inc. (NYSE: XYZ) (formerly NYSE: SQ).
Neutral
GlobeNewsWire
2 days ago
Block, Inc. (XYZ) Faces Securities Class Action, Regulators Levy Cash App Fines Following Investigations Going Back to Hindenburg Report – Hagens Berman
SAN FRANCISCO, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Investors in Block, Inc. (NYSE: SQ) n/k/a (NYSE: XYZ) began to learn of potentially adverse information about the company and its Square and Cash App platforms on Mar. 23, 2023, when Hindenburg Research published a scathing report on the company. After a 2-year investigation, which included dozens of interviews with former employees, partners, and industry experts, Hindenburg concluded, in part, that Block had “wildly overstated its genuine user counts” and “[c]ore to the issue is that Block has embraced one traditionally ‘underbanked' segment of the population: criminals.
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