Inside the research
Block, Inc.
XYZ Research profile · latest available data
Price overview
$76.42
▼ -0.32 (-0.4%)
| 52w hi | $84.85 |
|---|---|
| 52w lo | $49.09 |
| Vol | 3.33M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.30
| Short | +0.13 |
|---|---|
| Medium | +0.55 |
| Long | +0.12 |
computed 2026-09-27
Key fundamentals
Block, Inc.
Technology · Software - Infrastructure
| Market cap | $45.91B |
|---|---|
| Enterprise value | $46.31B |
| Trailing P/E | 136.46x |
| Forward P/E | 14.74x |
| EV / EBITDA | 29.92x |
| P / S (ttm) | 1.83x |
| Profit margin | 1.4% |
| Return on equity | 1.6% |
| Revenue growth | +9.3% |
| Earnings growth | -83.3% |
| Debt / equity | 32.58 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.03 | |
| Sector | +0.19 | |
| Technical | +0.16 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments: Square and Cash App. The Square segment offers managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. It also offers Square Handheld, a portable point-of sale device for transaction purposes. The Cash App segment offers financial tools, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; Cash App Pay, mobile-friendly way for cash app customers to pay at merchants across online and in-person channels; direct deposit, stock brokerage, and tax preparation services; and Afterpay, a buy now, pay later platform. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and proto. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in Oakland, California.
Risk Metrics
| Beta vs SPX | 1.78 |
|---|---|
| Corr SPX | 0.56 |
| Annual vol | 50.8% |
| Annual ret | +19.3% |
| Sharpe | 0.38 |
| Max DD | -53.0% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $89.25 |
|---|---|
| High / Low | $100.00 / $40.00 |
| Median | $90.00 |
| Analysts | 42 |
| Strong Buy | 8 | |
|---|---|---|
| Buy | 29 | |
| Hold | 8 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-05-08 | RBC Capital | → Outperform |
| 2026-05-08 | Piper Sandler | → Underweight |
| 2026-05-08 | Needham | → Buy |
| 2026-05-08 | Keefe, Bruyette & Woods | → Outperform |
| 2026-05-08 | Citigroup | → Buy |
| 2026-05-08 | BTIG | → Buy |
Officers & Board
| Founder | Jim McKelvey since 2009 |
|---|---|
| Founder | Jack Dorsey since 2009 |
| CEO | Jack Dorsey since 2009 |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Exhibits | read |
| 2026-06-18 | Shareholder Vote | read |
| 2026-06-05 | Officer / Director Change | read |
| 2026-05-07 | Earnings Release, Exhibits | read |
| 2026-05-04 | Officer / Director Change | read |
| 2026-02-26 | Earnings Release, Restructuring… | read |
| 2026-01-23 | Officer / Director Change | read |
| 2026-01-14 | Material Agreement, Material Obligation… | read |
| 2025-11-19 | Other Material Event | read |
| 2025-11-06 | Earnings Release, Exhibits | read |
| 2025-08-21 | Officer / Director Change | read |
| 2025-08-18 | Material Agreement, Material Obligation… | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 10 |
| Top-5 share | 88.3% |
| HHI | 2,377 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Citadel Advisors | $892.30M | 11.74M |
| Tiger Global Management | $347.78M | 4.58M |
| Ark Invest | $235.45M | 3.10M |
| Capital Research / Capital World | $217.40M | 2.86M |
| Fidelity / FMR LLC | $186.42M | 2.45M |
| Millennium Management | $132.07M | 1.74M |
| AQR Capital Management | $69.15M | 909.91K |
| Bridgewater Associates | $31.40M | 413.10K |
| State Street Corp | $14.19M | 14.97M |
| T. Rowe Price Group | $3.02M | 39.73M |
As of 2026-06-30
Connections
Subsidiarys: MOBI, Square Fin. Services
Federal Contracts
| Amount | Agency | Description |
|---|---|---|
| $2.00K | Department of Education | SUBJECT MATTER EXPERTS FOR PEER REVIEWS-THE PURPOSE OF THIS PROCUREMENT ACTION I |
SEC Filings
The Long Run
FY 2016–2025 · 10 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $21.92B | +32.8% | |
| Gross profit | $10.36B | +37.9% | |
| Operating income | -$278.84M | +453.9% | |
| Net income | $2.90B | +66.7% | |
| Cash from ops | $100.96M | +17.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $76.51 | $77.19 | $75.40 | $76.42 | 3.33M |
| Sep 24 | $74.58 | $76.82 | $74.42 | $76.74 | 3.65M |
| Sep 23 | $76.67 | $76.86 | $74.36 | $74.68 | 5.17M |
| Sep 22 | $79.22 | $79.82 | $77.06 | $77.53 | 3.80M |
| Sep 21 | $77.29 | $78.17 | $76.37 | $77.91 | 3.68M |
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