Keefe Bruyette lifts Block Inc [XYZ] price estimate. Who else is bullish?

Block Inc [NYSE: XYZ] loss -1.81% or -1.0 points to close at $54.33 with a heavy trading volume of 8154174 shares.

The daily chart for XYZ points out that the company has recorded -18.33% loss over the past six months.

If we look at the average trading volume of 8.45M shares, XYZ reached to a volume of 8154174 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Block Inc [XYZ]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XYZ shares is $92.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XYZ stock is a recommendation set at 1.61. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Keefe Bruyette have made an estimate for Block Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 18, 2025. The new note on the price target was released on February 25, 2025, representing the official price target for Block Inc stock. Previously, the target price had yet another drop from $100 to $89, while BMO Capital Markets kept a Outperform rating on XYZ stock. On January 14, 2025, analysts increased their price target for XYZ shares from 90 to 108.

The Average True Range (ATR) for Block Inc is set at 2.83, with the Price to Sales ratio for XYZ stock in the period of the last 12 months amounting to 1.40. The Price to Book ratio for the last quarter was 1.58, with the Price to Cash per share for the same quarter was set at 15.14. Price to Free Cash Flow for XYZ in the course of the last twelve months was 21.67 with Quick ratio for the last quarter at 2.31.

Trading performance analysis for XYZ stock

Block Inc [XYZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.18. With this latest performance, XYZ shares dropped by -16.80% in over the last four-week period, additionally sinking by -18.33% over the last 6 months – not to mention a drop of -34.68% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XYZ stock in for the last two-week period is set at 30.87, with the RSI for the last a single of trading hit 28.70, and the three-weeks RSI is set at 32.41 for Block Inc [XYZ]. The present Moving Average for the last 50 days of trading for this stock 72.30, while it was recorded at 57.41 for the last single week of trading, and 73.11 for the last 200 days.

Block Inc [XYZ]: A deeper dive into fundamental analysis

Block Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.31 and a Current Ratio set at 2.33.

Block Inc [XYZ]: An earnings per share (EPS) analysis

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XYZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Block Inc go to 27.50%.

An analysis of Institutional ownership at Block Inc [XYZ]

There are presently around $72.70%, or 73.61%% of XYZ stock, in the hands of institutional investors.