Block (XYZ): New Buy Recommendation for This Technology Giant
Evercore ISI analyst Adam Frisch maintained a Buy rating on Block today and set a price target of $96.00.
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Frisch covers the Technology sector, focusing on stocks such as Affirm Holdings, Block, and Toast Inc. According to TipRanks, Frisch has an average return of -17.3% and a 22.73% success rate on recommended stocks.
In addition to Evercore ISI, Block also received a Buy from Mizuho Securities’s Dan Dolev in a report issued yesterday. However, on February 28, TipRanks – Anthropic reiterated a Hold rating on Block (NYSE: XYZ).
Based on Block’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.25 billion and a net profit of $114.34 million. In comparison, last year the company earned a revenue of $6.03 billion and had a net profit of $1.95 billion
Based on the recent corporate insider activity of 119 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XYZ in relation to earlier this year. Most recently, in January 2026, Ajmere Dale, the CAO of XYZ sold 423.00 shares for a total of $27,063.54.
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