Block, Inc. (XYZ)
| Market Cap | 39.09B |
| Revenue (ttm) | 24.19B |
| Net Income (ttm) | 1.31B |
| Shares Out | 599.10M |
| EPS (ttm) | 2.10 |
| PE Ratio | 31.03 |
| Forward PE | 18.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,393,921 |
| Open | 63.25 |
| Previous Close | 62.90 |
| Day's Range | 62.74 - 65.73 |
| 52-Week Range | 44.27 - 82.50 |
| Beta | 2.67 |
| Analysts | Buy |
| Price Target | 80.67 (+23.65%) |
| Earnings Date | Feb 26, 2026 |
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 managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides l... [Read more]
Financial Performance
In 2025, Block's revenue was $24.19 billion, an increase of 0.30% compared to the previous year's $24.12 billion. Earnings were $1.31 billion, a decrease of -54.93%.
Financial StatementsAnalyst Forecast
According to 35 analysts, the average rating for XYZ stock is "Buy." The 12-month stock price target is $80.67, which is an increase of 23.65% from the latest price.
News
a16z's Ben Horowitz on Block layoffs
a16z co-founder Ben Horowitz told CNBC's Morgan Brennan that he doesn't believe the recent layoffs at Block were because AI made the company more efficient. "AI replaces tasks, but not necessarily job...
Block, Inc. (XYZ) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Block, Inc. (XYZ) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
What's Next For Block Stock After The 27% Leap?
Block (XYZ) – a payment hardware and analytics provider for sellers – has experienced a 5-day winning streak, with total gains during this time reaching 27%. The company's market capitalization has in...
Jack Dorsey's Latest Far-Out Bet: An AI Future With Fewer Employees
Block—owner of payment apps, bitcoin and music streaming—grew its workforce to nearly 13,000 during the pandemic.
Block Eliminates Bloat To Deliver Ambitious 2028 Target - Wait For Correction
Block's drastic 40% headcount cut is expected to drive higher revenue per employee, with the leaner operations also implying their improved operating efficiency. Combined with the FQ4'25 outperformanc...
These fintech stocks are loved by analysts and could bounce back in a big way
Shares of PayPal and Block are both cheap relative to historic levels, but only one of them commands heavy enthusiasm from analysts.
Inside Block's AI push that ended in pink slips
Seven former Block employees say they were using AI to varying degrees but weren't convinced it would replace them yet. CEO Jack Dorsey's decision to cut the workforce in half came as a shock.
Jack Dorsey made the loudest case yet that AI is already replacing jobs
In cutting nearly 40% of its workforce, Block loudly professed that the days of AI taking the jobs of humans has arrived. Jack Dorsey told investors that new "intelligence tools" are changing how comp...
Friday's Final Takeaways: Two Sides of AI Disruption in CRWV & XYZ
Sam Vadas talks about her final market takeaways to close a volatile week for tech on Wall Street. Among her top headlines: the widespread layoffs at Block (XYZ) and CoreWeave's (CRWV) strong selling ...
Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave
Financial tech firm Block's stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools.
Block Strategy Points to AI Shaping Corporate Infrastructure
It was probably one of those moments where you remember where you were when you heard it. Block announced Thursday (Feb. 26) that it will cut roughly 4,000 jobs, or close to 40% of its workforce, as p...
Block Slices Workforce, Raises Questions About AI Washing
Jack Dorsey's fintech company Block announced it was cutting nearly half of its workforce as it bets big on AI. But skeptics say investments in technology may not be the only reason for the layoffs.
Are Jack Dorsey's aggressive job cuts the start of an AI jobs apocalypse? Economists weigh in
Block CEO Jack Dorsey's move to cut nearly half the company's workforce is shining a spotlight on a growing question for corporate America: whether advances in artificial intelligence will ultimately ...
AI Disruption, ROI & Many Sides to Block's (XYZ) Layoffs
The story behind Block's (XYZ) layoffs has several perspectives, says @Stockstotrade's Tim Bohen. He explains what it means for the greater AI trade and hopes that Block and related tech firms see in ...
Block Axes 4,000 Jobs, Lifts 2026 Outlook
Block, Inc. (NYSE: XYZ) stock surged Friday after the fintech giant paired a blowout fourth quarter with a sweeping workforce reduction, prompting a wave of bullish analyst reactions. Deep staff cuts ...
Block: A 40% Layoff Is Not Bullish (Even With AI) (Rating Downgrade)
Block, Inc. delivered a solid Q4 with 24% gross profit growth and 46% adjusted operating income growth. XYZ surged on news of a historic 40% workforce reduction, driven by AI-enabled productivity gain...
Jack Dorsey makes a grim prediction about the future of work as he lays off 4,000 Block employees in AI push
Jack Dorsey, CEO of Block Inc, is not only laying off nearly half of the company's workforce, but he wants investors to think he's an AI-focused trailblazer for doing so.
Block: A Bombshell 40% Workforce Cut Sparks A New AI Rally
Block, Inc. earns a Buy rating after a strong Q4, driven by aggressive AI-enabled headcount cuts and robust guidance. Q4 results featured $0.65 non-GAAP EPS, $6.25B revenue, and a 17% annual gross pro...
Jack Dorsey's Block lays off 40% of employees due to AI innovation
Jack Dorsey's note to Block employees a "cold comfort to the folks who are getting laid off because of AI,"
The Big 3: XYZ, CSX, ASTS
Block's (XYZ) earnings and layoff announcement added more uncertainty to AI's impact on the jobs market, though @Stockstotrade's Tim Bohen sees opportunity in it and related companies. He then turns t...
Block Lays Off 40% of Staff Citing AI. CEO Dorsey Says Other Firms Will Make Similar Moves.
As artificial intelligence technology advances, more people are likely to lose their jobs, according to one high-profile tech CEO.
Jack Dorsey to cut 4,000 jobs due to AI advances at Square parent Block
Shares in company increased over 20% as investors were encouraged by CEO's assertion that cuts will drive profits
Jack Dorsey cuts nearly half of Block workforce amid major AI overhaul
Block announces massive layoffs affecting over 4,000 jobs as the payments company pivots to AI-driven operations under CEO Jack Dorsey's leadership.
Block: AI Job Cuts Boost May Not Last For Long (Downgrade)
Block, Inc. announces a highly dramatic 40% headcount reduction while also upgrading its 2026 guidance. XYZ expects 54% year-over-year growth in both adjusted EPS ($3.66) and operating income ($3.2B) ...
XYZ Rally More Than Earnings: AI, Layoffs & Outlook Drive Block Higher
Earnings are just one side of Block's (XYZ) Friday rally. Guidance, AI outlook, and commentary from the CEO on mass company layoffs all add color to the full story under the headline numbers.