Block (XYZ) Gets a Buy from RBC Capital

RBC Capital analyst Daniel Perlin maintained a Buy rating on Block yesterday and set a price target of $90.00. The company’s shares closed yesterday at $59.85.

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According to TipRanks, Perlin is an analyst with an average return of -12.1% and a 33.20% success rate. Perlin covers the Technology sector, focusing on stocks such as Wealthfront Corporation, Block, and NCR Voyix.

In addition to RBC Capital, Block also received a Buy from Evercore ISI’s Adam Frisch in a report issued on March 12. However, on March 3, Macquarie maintained 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, Amrita Ahuja, the CFO & COO of XYZ sold 1,101.00 shares for a total of $70,441.98.