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This is why Analysts are Bullish on Block, Inc. (XYZ) Despite 20% Pullback
Yahoo Finance· 2025-11-22 07:30
Block Inc. (NYSE:XYZ) is one of the best cryptocurrency stocks to buy for the long term. On November 17, Truist Securities upgraded Block Inc. (NYSE:XYZ) to a Buy from a Hold and increased its price target to $68 from $67. This is why Analysts are Bullish on Block, Inc. (XYZ) Despite 20% Pullback The upgrade comes at the backdrop of a significant pullback, which, according to the research firm, has resulted in an improved risk-reward profile. The 20% plus pullback in recent months has come on growing con ...
Jim Cramer Says “Block is a Real Profitable Business”
Yahoo Finance· 2025-11-22 07:29
Block, Inc. (NYSE:XYZ) is one of the stocks on Jim Cramer’s radar recently. Cramer mentioned the company’s growth targets and buyback program, as he commented: “How about all these fintech… Well, hey, I got one for you. How about Block, which is the old Square? At an analyst meeting today, Block just announced some aggressive growth targets for the next three years, sharply better than expected. Block is a real profitable business, and its stock wasn’t far from its low either, aided by a $5 billion announ ...
Block Banks On Cash App, AI, Buybacks For Its Next Act
Benzinga· 2025-11-20 19:07
Block, Inc. (XYZ) shares are trading higher on Thursday.Yesterday, the company provided guidance at its Investor Day event. • XYZ is gathering positive momentum. Check the market position here.The company also announced a $5 billion increase to its stock repurchase program.JPMorgan analyst Tien-tsin Huang reiterated the Overweight rating on the stock.Huang says Block’s latest Investor Day offered a more confident and disciplined outlook for the company’s next phase.Also Read: IonQ’s Big Market Potential Is ...
Block Stock's At Support Level - Bullish Setup?
Forbes· 2025-11-20 17:35
The Block Ink logo is displayed on a mobile phone with the company's branding seen in the background in this photo illustration in Brussels, Belgium, on November 3, 2025. (Photo Illustration by Jonathan Raa/NurPhoto via Getty Images)NurPhoto via Getty ImagesBlock stock (NYSE: XYZ)is currently down 16% this month, primarily due to disappointing Q3 results.However, investors should put XYZ on their radar. The core reason is its strong historical support level.XYZ is presently trading within a key support rang ...
Block Inc (EXZ) Surges 7% on Strong Outlook
Yahoo Finance· 2025-11-20 11:28
We recently published 10 Stocks Beating Wall Street at its Own Game. Block Inc. (NYSE:EXZ) is one of the best-performing stocks on Wednesday. Block snapped a six-day losing streak on Wednesday, jumping 7.56 percent to close at $62 apiece as investor sentiment was bolstered by its strong financial growth outlook over the next three years. By 2028, Block Inc. (NYSE:EXZ) expects gross profit to grow by mid-teens annually and reach $15.8 billion; adjusted operating income to increase 30 percent per annum to ...
Dorsey’s Block halts trading amid wild announcement, jumps on restart
Yahoo Finance· 2025-11-20 02:48
The shares of Block, Inc. (NYSE: XYZ), the financial technology company led by Twitter co-founder Jack Dorsey, halted trading on Nov. 19 when the Bitcoin (BTC)-focused company made a major announcement. Block unveiled a three-year financial outlook which sent the stock soaring once trading resumed. Related: Popular crypto company shuts down as Bitcoin crashes Dorsey founded Square (later rebranded to Block) in 2009 — only three years after co-founding Twitter in 2006. A Bitcoin advocate himself, he once ...
Block Announces $5B Buyback and 30% Annual Growth Goal in Bold Three-Year Strategy
Yahoo Finance· 2025-11-20 01:28
Core Insights - Block, Inc. shares increased nearly 9% following the announcement of a strategic plan to achieve $15.8 billion in gross profit by 2028 and a $5 billion share repurchase program, indicating strong confidence in future profitability [1][6] - The company is shifting focus from its core point-of-sale operations to consumer services, AI tools, and Bitcoin infrastructure, as outlined during the 2025 Investor Day [1] Financial Targets - Block aims for mid-teens percentage gross profit growth annually through 2028, with adjusted operating income expected to rise about 30% per year, reaching $4.6 billion by 2028 [2] - Adjusted earnings per share are projected to exceed 30% annual growth, reaching $5.50 by 2028 [2] - For fiscal year 2026, gross profit is projected to increase by 17% to nearly $12 billion, with adjusted operating income and earnings per share expected to exceed 30%, reaching $2.7 billion and $3.20 respectively [4] Performance Metrics - Block aims to achieve the "Rule of 40" benchmark in 2026, combining revenue growth and profit margin over 40%, which is a key target for software and fintech firms [5] - The new non-GAAP cash flow metric is forecasted to account for 25% of gross profit, exceeding $4 billion by 2028 [4] Share Repurchase Program - The expanded buyback program adds $5 billion to the existing $1.1 billion, totaling approximately $6.1 billion available for share repurchases, reflecting confidence in cash generation [6] Recent Performance - Block reported mixed Q3 results, with earnings and revenue slightly below analyst expectations; however, gross profit rose 18.3%, primarily driven by a 24.3% increase in Cash App [7] - Monthly active users for Cash App reached 58 million, with profit per user increasing by 25.3% and Gross Payment Volume growing 10.9% year-over-year [7] - Subscription and services revenue increased by 22.6%, indicating healthy recurring income streams, while Bitcoin-related revenue fell by 19% [8] - Despite the decline in Bitcoin revenue, Block maintains strong liquidity with ample cash reserves against manageable debt levels [8]
Block's stock has suffered in a ‘dismal' fintech market. Can these new numbers change its course?
MarketWatch· 2025-11-19 20:27
Core Insights - The parent company of Square and Cash App has provided a positive long-term earnings forecast during its first investor day since 2022 [1] Company Summary - The company is optimistic about its future earnings potential, indicating strong growth prospects [1] Industry Summary - The event marks a significant moment for the company as it re-engages with investors after a hiatus since 2022, reflecting a renewed focus on investor relations and market confidence [1]
Block Shares Multi-Year Financial Outlook at Investor Day
Businesswire· 2025-11-19 20:05
Core Insights - Block, Inc. is presenting a three-year financial outlook during its 2025 Investor Day, focusing on profitable growth and operational efficiency across its ecosystems, including Cash App and Square [1][3] Financial Guidance - For 2026, Block anticipates a 17% year-over-year growth in gross profit, reaching $11.98 billion, with Adjusted Operating Income and Adjusted Earnings per Share projected to grow over 30% to $2.70 billion and $3.20 respectively [2] - Non-GAAP Cash Flow is expected to be 20% of gross profit, amounting to $2.40 billion for 2026 [2] - The company has announced a $5 billion increase to its share repurchase program, with approximately $1.1 billion remaining under the previous $4 billion authorization as of September 30, 2025 [2] Long-Term Projections - Gross profit is expected to grow in the mid-teens annually through 2028, reaching approximately $15.8 billion [6] - Adjusted Operating Income is projected to grow about 30% annually, reaching $4.6 billion by 2028 [6] - Adjusted Earnings Per Share is expected to grow in the low 30% range annually through 2028, targeting $5.50 [6] - Non-GAAP Cash Flow is anticipated to reach 25% of gross profit by 2028, exceeding $4.0 billion [6] - The company aims to achieve the Rule of 40 by 2026 and maintain it through 2028 [6] Strategic Focus - The company emphasizes the strength of its interconnected ecosystems and its commitment to innovation, aiming to drive product velocity and serve more customers [3]
Block (NYSE:SQ) 2025 Investor Day Transcript
2025-11-19 18:02
Summary of Block (NYSE: SQ) 2025 Investor Day Company Overview - **Company**: Block (NYSE: SQ) - **Event**: 2025 Investor Day - **Date**: November 19, 2025 Key Themes and Core Points 1. **Company Identity**: Block positions itself as a technology company, differentiating from competitors that are primarily software, payments, or fintech companies. The focus is on building technology to solve financial and operational problems for customers [4][5][6] 2. **Organizational Changes**: The company has shifted from a General Manager structure to a functional organization to enhance flexibility and focus on engineering, which had previously been diluted [8][9][10] 3. **Focus on Engineering**: Emphasis on engineering capabilities to drive product development and innovation, with a commitment to building technology that meets customer needs [9][10][11] 4. **Financial Performance**: The company is focused on improving profitability, utilizing the Rule of 40 framework to guide business decisions [11][12] 5. **Ecosystem Integration**: Block is integrating its various ecosystems, including Square, Cash App, Bitcoin, Afterpay, and TIDAL, to create a cohesive user experience and drive customer engagement [14][15][29][39] Product Strategy 1. **ManagerBot and MoneyBot**: Introduction of AI-driven tools to automate business operations and personal finance management, aimed at reducing manual tasks and enhancing user experience [22][24][64] 2. **Neighborhoods Initiative**: A strategy to connect local communities through in-person transactions, enhancing engagement for both Square merchants and Cash App users [26][27] 3. **Bitcoin Focus**: Block emphasizes Bitcoin as a long-term infrastructure solution, aiming to provide lower transaction fees and a programmable currency for the future [29][30][60][61] 4. **Cash App Expansion**: Cash App is evolving into a comprehensive financial platform, with a focus on network expansion, social features, and banking capabilities for teens and families [40][41][42][46] Financial Metrics and Growth 1. **Cash App Growth**: Cash App has grown from a peer-to-peer app to a full-fledged financial platform, with significant user engagement and retention metrics [40][41][54] 2. **Primary Banking Actives**: The number of primary banking actives on Cash App has increased from 2 million to nearly 9 million, indicating strong growth in user engagement [54] 3. **Afterpay Integration**: The integration of Afterpay into Cash App is expected to drive significant growth, with a notable increase in originations from $2 billion to over $3 billion [49][51] Future Outlook 1. **Automation and AI**: Block is committed to automating its operations and enhancing customer experiences through AI, with a focus on speed and efficiency in product development [33][35][64] 2. **Customer-Centric Approach**: The company aims to provide value by saving customers time and simplifying their financial lives, which is seen as a key competitive advantage [20][21][34] 3. **Market Positioning**: Block aims to be a leader in the Bitcoin space and is focused on creating a neutral, open protocol for money that can facilitate global transactions [30][60] Additional Insights - **Feedback Culture**: The company encourages feedback from investors and stakeholders to improve its operations and product offerings [7] - **Historical Context**: Acknowledgment of past challenges and a commitment to transparency in addressing them [7][8] This summary encapsulates the key points discussed during Block's 2025 Investor Day, highlighting the company's strategic direction, product innovations, and financial performance metrics.