New Buy Rating for Block (XYZ), the Technology Giant

In a report released today, Jason Kupferberg from Wells Fargo maintained a Buy rating on Block, with a price target of $91.00.

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According to TipRanks, Kupferberg is an analyst with an average return of -6.8% and a 45.47% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Automatic Data Processing, Epam Systems, and Fidelity National Info.

In addition to Wells Fargo, Block also received a Buy from Morgan Stanley’s James Faucette in a report issued on March 20. However, on March 18, Rothschild & Co Redburn upgraded Block (NYSE: XYZ) to a Hold.

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.