Seaport Res Ptn Analysts Lower Earnings Estimates for Block

Block, Inc. (NYSE:XYZ) – Seaport Res Ptn dropped their Q2 2025 earnings estimates for Block in a research note issued to investors on Monday, July 14th. Seaport Res Ptn analyst J. Cantwell now anticipates that the technology company will post earnings of $0.28 per share for the quarter, down from their prior estimate of $0.52. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for Block’s current full-year earnings is $2.54 per share. Seaport Res Ptn also issued estimates for Block’s Q3 2025 earnings at $0.34 EPS, Q4 2025 earnings at $0.38 EPS, FY2025 earnings at $1.18 EPS, Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $0.45 EPS, Q3 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.73 EPS and FY2026 earnings at $2.28 EPS.

XYZ has been the subject of several other reports. Benchmark cut Block from a “buy” rating to a “hold” rating in a research report on Friday, May 2nd. BNP Paribas upgraded Block from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 27th. Wells Fargo & Company lowered Block from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $95.00 to $50.00 in a report on Friday, May 2nd. Piper Sandler upgraded Block to an “underweight” rating and set a $50.00 price objective for the company in a research report on Tuesday, June 24th. Finally, Argus set a $59.00 price target on Block in a research note on Monday, May 5th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $73.94.

Block Trading Up 4.6%

Shares of NYSE:XYZ opened at $69.02 on Wednesday. Block has a 12-month low of $44.27 and a 12-month high of $99.26. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 0.24. The business’s 50-day simple moving average is $63.02. The firm has a market cap of $42.45 billion, a P/E ratio of 16.79, a price-to-earnings-growth ratio of 1.63 and a beta of 2.74.

Insider Transactions at Block

In related news, insider Chrysty Esperanza sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $55.00, for a total transaction of $412,500.00. Following the sale, the insider owned 133,940 shares of the company’s stock, valued at $7,366,700. The trade was a 5.30% 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. Also, insider Brian Grassadonia sold 6,494 shares of the business’s stock in a transaction that occurred on Wednesday, May 21st. The stock was sold at an average price of $56.39, for a total value of $366,196.66. Following the sale, the insider directly owned 591,629 shares in the company, valued at approximately $33,361,959.31. The trade was a 1.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 73,687 shares of company stock valued at $4,377,506 over the last ninety days. Insiders own 10.85% of the company’s stock.

About Block

Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.