Block (XYZ) – Investment Analysts’ Weekly Ratings Changes
by Doug Wharley · The Cerbat GemBlock (NYSE: XYZ) recently received a number of ratings updates from brokerages and research firms:
- 7/16/2026 – Block had its price target raised by Citigroup Inc. from $100.00 to $115.00. They now have a “buy” rating on the stock.
- 7/16/2026 – Block was upgraded by Clear Str Llc to “hold”.
- 7/16/2026 – Block had its price target raised by Citigroup Inc. from $100.00 to $115.00. They now have a “buy” rating on the stock.
- 7/7/2026 – Block is now covered by Barclays PLC. They set an “overweight” rating and a $100.00 price target on the stock.
- 7/7/2026 – Block was upgraded by Barclays PLC to “strong-buy”.
- 7/2/2026 – Block had its price target raised by Robert W. Baird from $90.00 to $100.00. They now have an “outperform” rating on the stock.
- 6/30/2026 – Block was given a new $100.00 price target by Rosenblatt Securities.
- 6/30/2026 – Block was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
- 6/30/2026 – Block was upgraded by The Goldman Sachs Group, Inc. from “buy” to “buy”.
- 6/30/2026 – Block is now covered by Craig Hallum. They set a “buy” rating on the stock.
- 6/30/2026 – Block was downgraded by Citigroup Inc. from “buy” to “strong sell”.
- 6/30/2026 – Block was downgraded by William Blair to “market perform”.
- 6/30/2026 – Block was upgraded by Deutsche Bank Aktiengesellschaft to “buy”.
- 6/30/2026 – Block is now covered by Jefferies Financial Group Inc.. They set a “hold” rating on the stock.
- 6/30/2026 – Block is now covered by BMO Capital Markets. They set an “outperform” rating on the stock.
- 6/29/2026 – Block was upgraded by Piper Sandler from “underweight” to “overweight”. They now have a $100.00 price target on the stock, up from $58.00.
- 6/10/2026 – Block was upgraded by Zacks Research from “hold” to “strong-buy”.
- 6/1/2026 – Block was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
- 5/29/2026 – Block had its price target raised by Morgan Stanley from $96.00 to $98.00. They now have an “overweight” rating on the stock.
- 5/27/2026 – Block had its price target raised by Truist Financial Corporation from $81.00 to $82.00. They now have a “buy” rating on the stock.
Insider Buying and Selling at Block
In other news, Director Anthony Mathew Eisen sold 6,000 shares of Block stock in a transaction on Monday, July 13th. The stock was sold at an average price of $78.35, for a total value of $470,100.00. Following the completion of the sale, the director owned 1,838,672 shares of the company’s stock, valued at $144,059,951.20. The trade was a 0.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brian Grassadonia sold 43,348 shares of the company’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $80.00, for a total value of $3,467,840.00. Following the completion of the transaction, the insider owned 557,654 shares of the company’s stock, valued at $44,612,320. The trade was a 7.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 323,300 shares of company stock worth $24,742,756 in the last 90 days. Insiders own 11.37% of the company’s stock.
Block (NYSE:XYZ) is a financial technology company that builds products and services to facilitate electronic payments, commerce, and consumer finance. Its principal business lines include a seller-focused ecosystem that provides point-of-sale hardware and software, payment processing, invoicing, payroll and lending services, and a consumer-facing platform that offers peer-to-peer payments, banking-like features, and investing. Block’s portfolio also encompasses music streaming and buy-now-pay-later capabilities through businesses acquired to broaden its reach beyond core payments.
The company was founded as Square in 2009 by Jack Dorsey and Jim McKelvey and later rebranded to Block to reflect a diversified set of businesses across payments, consumer finance, and emerging technologies.