Stocks of Block Inc (NYSE:XYZ) traded higher last session on Wall Street, down -0.36% to $63.09.
XYZ stock price is now 9.45% away from the 50-day moving average and -11.45% away from the 200-day moving average. The market capitalization of the company currently stands at $38.80B.
With the price target maintained at $75, Evercore ISI recently Upgraded its rating from In-line to Outperform for Block Inc (NYSE: XYZ). On June 02, 2025, Truist recently initiated its ‘Sell’ rating on the stock quoting a target price of $60, while ‘BNP Paribas Exane’ rates the stock as ‘Outperform’
In other news, Prasanna Dhananjay, Technology + Engineering Lead sold 2,800 shares of the company’s stock on Jun 16 ’25. The stock was sold for $177,828 at an average price of $63.51. Upon completion of the transaction, the Technology + Engineering Lead now directly owns 313,151 shares in the company, valued at $19.76 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 16 ’25, Officer DHANANJAY PRASANNA bought 2,800 shares of the business’s stock. A total of $177,828 was incurred on buying the stock at an average price of $63.51. A total of 12.83% 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 fifty day moving average price for XYZ is $57.6434 and a two-hundred day moving average price translates $71.25045 for the stock.
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. For the current quarter, analysts expect XYZ to generate $6.26B in revenue.
