Block (NYSE:XYZ) Issues Q2 2026 Earnings Guidance

Block (NYSE:XYZ) issued an update on its second quarter 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.860-0.860 for the period, compared to the consensus EPS estimate of 0.740. The company issued revenue guidance of -. Block also updated its FY 2026 guidance to 3.850-3.850 EPS.

Block Stock Performance

Shares of XYZ traded up $5.86 during trading hours on Friday, hitting $76.00. The stock had a trading volume of 8,850,492 shares, compared to its average volume of 7,565,910. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.20 and a current ratio of 2.20. The firm has a 50-day moving average price of $63.99 and a 200 day moving average price of $64.19. Block has a fifty-two week low of $48.21 and a fifty-two week high of $82.50. The firm has a market capitalization of $45.53 billion, a price-to-earnings ratio of 36.18, a PEG ratio of 1.03 and a beta of 2.57.

Block (NYSE:XYZ) last posted its earnings results on Thursday, May 7th. The technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.55. Block had a net margin of 5.40% and a return on equity of 6.66%. The firm had revenue of $6.06 billion during the quarter. During the same quarter in the prior year, the firm earned $0.56 earnings per share. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. Block has set its Q2 2026 guidance at 0.860-0.860 EPS and its FY 2026 guidance at 3.850-3.850 EPS. As a group, research analysts anticipate that Block will post 2.22 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Zacks Research raised shares of Block from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Piper Sandler boosted their price target on shares of Block from $51.00 to $58.00 and gave the stock an “underweight” rating in a report on Friday. Needham & Company LLC boosted their price target on shares of Block from $90.00 to $95.00 and gave the stock a “buy” rating in a report on Friday. Citigroup cut their price target on shares of Block from $105.00 to $85.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, Loop Capital assumed coverage on shares of Block in a report on Tuesday, March 31st. They issued a “buy” rating and a $75.00 price target for the company. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $84.09.

Insider Buying and Selling at Block

In other news, insider Owen Britton Jennings sold 3,555 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $63.41, for a total transaction of $225,422.55. Following the completion of the sale, the insider owned 231,262 shares of the company’s stock, valued at $14,664,323.42. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Amrita Ahuja sold 30,919 shares of the company’s stock in a transaction on Tuesday, April 21st. The stock was sold at an average price of $75.00, for a total transaction of $2,318,925.00. Following the sale, the chief financial officer directly owned 500,816 shares of the company’s stock, valued at $37,561,200. The trade was a 5.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 49,725 shares of company stock worth $3,401,393 over the last three months. 11.37% of the stock is owned by corporate insiders.

More Block News

Here are the key news stories impacting Block this week:

• Positive Sentiment: Q1 earnings beat and stronger profit outlook — Block reported adjusted EPS of $0.85, well above consensus, with revenue of $6.06B and year-over-year EPS growth driven by Cash App lending and commerce; management raised Q2 and FY2026 EPS guidance (Q2: $0.86; FY: $3.85), underpinning the rally. Zacks: Block Q1 Earnings Beat
• Positive Sentiment: Analysts lift targets and reaffirm buys — Several firms raised price targets (RBC to $93, Needham to $95, KBW to $90; BTIG reaffirmed buy at $90), signaling confidence in upside from the new guidance and margin improvement. Benzinga: Analyst Actions
• Positive Sentiment: Business drivers highlighted: Cash App lending, AI and restructuring — Management emphasized AI-driven automation, embedded financial services and stronger links between Cash App users and Square merchants after mass staff reductions; coverage notes these changes are boosting lending and profitability. PYMNTS: AI & Cash App Lending
• Positive Sentiment: Market writeups emphasize resilience after job cuts — Coverage (Barron’s, WSJ) frames the results and guidance increase as evidence the company is executing through restructuring and higher payment/lending volumes. Barron’s: Stock Jumps After Earnings
• Neutral Sentiment: Company disclosure and presentations — Block filed its Q1 release, investor presentation and hosted the earnings webcast; these provide detail for modeling but largely reinforce points above. BusinessWire: Q1 Results
• Neutral Sentiment: Mixed metrics beneath the headline — Some writeups note mixed GPV trends and a slight revenue miss in parts of the business even as monetization and margins improved; worth monitoring future volume trends. Proactive: Revenue/Metrics Context
• Negative Sentiment: Counterpoint from Piper Sandler — Piper Sandler lowered its price target to $58 and maintained an “underweight” rating, signaling downside risk versus current levels and reminding investors some analysts remain cautious. Benzinga: Piper Sandler PT Cut

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of XYZ. Darwin Wealth Management LLC acquired a new position in shares of Block during the 2nd quarter valued at about $43,000. Federated Hermes Inc. acquired a new position in shares of Block during the 2nd quarter valued at about $53,000. Quattro Advisors LLC acquired a new position in shares of Block during the 4th quarter valued at about $55,000. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in shares of Block by 33.3% during the 3rd quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 800 shares of the technology company’s stock valued at $58,000 after acquiring an additional 200 shares during the last quarter. Finally, DV Equities LLC acquired a new position in shares of Block during the 4th quarter valued at about $60,000. Institutional investors and hedge funds own 70.44% of the company’s stock.

About Block

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.