Oppenheimer Raises Block, Inc. (XYZ) Price Target to $89 from $85

Block, Inc. (NYSE:XYZ)'s fourth-quarter adjusted EPS was $0.65, with gross profit rising to $2.87 billion, driven by 33% year-over-year growth in the Cash App ecosystem. Gross payment volume reached $66.9 billion, slightly below forecasts, while operating expenses increased to $2.30 billion. Adjusted EBITDA improved to $930 million. During its third-quarter 2025 earnings call, Block, Inc. (NYSE:XYZ) guided to Q4 2025 gross profit growth exceeding 19% year-over-year, reaching approximately $2.755 billion, al ...