The stock of Block Inc (NYSE:XYZ) last traded at $61.75, down -0.66% from the previous session.
XYZ stock price is now 10.54% away from the 50-day moving average and -13.44% away from the 200-day moving average. The market capitalization of the company currently stands at $37.98B.
With the price target maintained at $72, BNP Paribas Exane recently Upgraded its rating from Neutral to Outperform for Block Inc (NYSE: XYZ). On May 05, 2025, Macquarie Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $50, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, Prasanna Dhananjay, Technology + Engineering Lead sold 11,318 shares of the company’s stock on May 27 ’25. The stock was sold for $695,039 at an average price of $61.41. Upon completion of the transaction, the Technology + Engineering Lead now directly owns 318,751 shares in the company, valued at $19.68 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 27 ’25, Officer DHANANJAY PRASANNA bought 11,318 shares of the business’s stock. A total of $695,061 was incurred on buying the stock at an average price of $61.41. A total of 12.90% of the company’s stock is owned by insiders.
During the past 12 months, Block Inc has had a low of $44.27 and a high of $99.26. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 2.27, and a quick ratio of 2.26.
The net profit margin was 10.92% and return on equity was 12.93% for XYZ. The company reported revenue of $5.77 billion for the quarter, compared to $5.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.11 percent.
