Block, IncNYSE: XYZ

On June 15, 2026, Block director Anthony Eisen sold 12,000 shares, following earlier disposals of 6,000 shares on June 5 (~$70.19) and 6,000 on June 8 (~$68.22), all conducted under a Rule 10b5-1 plan adopted March 2, 2026. The continued insider selling has kept shares in focus even as the stock carries a 'moderate buy'/'Buy' consensus and average targets in the mid-$80s to $90. Block recently shifted its engineering organization to report directly to Jack Dorsey after engineering lead Arnaud Weber departed June 5, and Square launched a new drive-thru solution and 3.5% APY high-yield savings. The bull case is strong Q1 2026 results (EPS $0.85 vs $0.60 est) and raised 2026 guidance; the bear case is persistent insider selling and management reshuffling that can dampen sentiment.

Insider Selling: Anthony Eisen Sells 12,000 Shares of Block Inc (XYZ)gurufocus.comBlock, Inc. director Eisen sells $1.25 million in XYZ stock - Investing.cominvesting.com

No material news in the last 48 hours.

No material news in the last 48 hours.

No material news in the last 48 hours.

Block reported Q1 2026 on May 7: adjusted EPS $0.85 (52% YoY), revenue $6.06B, adjusted EBITDA $1.0B beating $947M estimate. Gross profit grew 27% YoY to $2.91B. Raised full-year gross profit outlook to $12.3B post AI-related job cuts ($852M restructuring charges and $173M Bitcoin fair value loss caused GAAP $309M net loss). Shares surged ~10% post-earnings. Multiple analyst PT hikes: Raymond James to $90 (from $82), Morgan Stanley to $96 (from $93), Oppenheimer to $91, BNP Paribas to $86, Canaccord to $85 (May 18). Zacks downgraded to Hold on May 14.

Block Announces First Quarter 2026 Resultsbusinesswire.comDorsey Block Raises Full-Year Forecastbloomberg.comCanaccord Positive Forecast Blockmarketbeat.com

No material news in the last 48 hours.

No material news in the last 48 hours.

No material news in the last 48 hours. Earlier in May, Block posted a Q1 beat (Adj EPS $0.85 vs $0.60 est, Adj EBITDA $1.0B) and raised full-year 2026 gross profit guidance to $12.33B, prompting price target hikes from Goldman ($95), Morgan Stanley ($96), Oppenheimer ($91), and Piper Sandler ($58 but maintaining Underweight).

Block Announces First Quarter 2026 Results - BusinessWirebusinesswire.comBlock stock climbs after 2026 guidance boost - Seeking Alphaseekingalpha.comBlock, Inc. (XYZ) - Yahoo Financefinance.yahoo.com

Block reported Q1 2026 EPS of $0.85 vs $0.60 expected (beat by 41.67%), revenue of $6.06 billion (+5% YoY), and gross profit of $2.91 billion (+27% YoY). The company raised full-year 2026 guidance to $12.33B gross profit (19% growth) and $3.85 adjusted diluted EPS. Citi raised PT to $100 from $85, Raymond James raised to $90 (Outperform), and Needham raised to $95 (Buy). The company is rolling out AI assistants 'Moneybot' in Cash App and 'Managerbot' in Square following February layoffs of 4,000+ employees. Risk: some analysts remain skeptical on sustainability; 100% AI-adoption strategy raises execution risk.

Block Surpasses Analyst Estimates With Higher Profit, Revenue Growthbloomberg.comAfter Major Layoffs, Block Stock Is Staging a Turnaroundbarchart.comXYZ Stock Jumps After Block's Record Quarterstocktwits.com

Block reported Q1 2026 adjusted EPS of $0.85 vs. $0.60 consensus (beat by 41.67%), with revenue of $6.06B and gross profit of $2.91B (up 26-27% YoY). Adjusted EPS rose 52% YoY. Management raised full-year 2026 guidance to $3.85 in adjusted EPS and $12.3B in gross profit (19% growth), above prior $12.1B consensus. CEO Jack Dorsey highlighted AI tools MoneyBot and ManagerBot as key growth drivers following a severe round of AI-related job cuts. The stock rose over 10% pre-market on May 8, settling around $69.84 by May 13. Goldman Sachs raised PT to $95 (Buy), Citi to $100 (Buy), and Keefe Bruyette to $90. Risk: consumer-credit deterioration in Cash App Borrow and bitcoin price volatility hitting Cash App segment.

Block Announces Q1 2026 Resultsbusinesswire.comBlock Raises Full-Year Profit Forecast - Bloombergbloomberg.comXYZ Jumps After Record Quarter - Stocktwitsstocktwits.com

Block Inc. shares jumped approximately 10% in pre-market and after-hours trade after reporting record Q1 2026 results on May 7, beating expectations and lifting full-year guidance. Gross profit rose 27% YoY to $2.91 billion, with Cash App gross profit up 38% and Square up 9%. Adjusted operating income climbed 56% YoY to $728 million (record 25% margin), and adjusted diluted EPS rose 52% to $0.85, beating consensus of $0.60 by ~42%. Management raised full-year gross profit guidance to $12.33 billion and adjusted EPS to $3.85. CEO Jack Dorsey credited AI integration, noting production code changes per engineer up 2.5x since January and incident rates down over 70% YoY. BNP Paribas raised its price target to $86 from $79 on May 11, while Piper Sandler lifted target to $58 from $51 but maintained Underweight.

Block Surpasses Analyst Estimates With Higher Profit, Revenue Growth - Bloombergbloomberg.comBlock Announces First Quarter 2026 Results - BusinessWirebusinesswire.comXYZ Stock Jumps After Block's Record Quarterstocktwits.com

Block reported Q1 2026 adjusted EPS of $0.85 vs. $0.68 expected, gross profit of $2.90 billion ($2.80B expected) and adjusted operating income of $727 million ($712M expected), raising full-year guidance. Shares jumped over 10% pre-market on the print. Despite a net loss of $309 million tied to restructuring charges, Cash App and Square segments showed strong growth. AI-driven internal tools MoneyBot and ManagerBot contributed materially; executives framed recent painful AI-driven job cuts as a productivity inflection. Raymond James raised its PT to $90 (from $82, Outperform); Bank of America maintains Buy at $100. Stock trading $74.72.

Block Announces First Quarter 2026 Resultsbusinesswire.comBlock Surpasses Analyst Estimates With Higher Profitbloomberg.comBlock Analyst Remains Bullish On Earnings Power Inflectionbenzinga.com

Block shares traded in the $72.50-$77.80 range on May 11 with a roughly 6% rally tied to last week's strong Q1 2026 print, where adjusted EPS of $0.85 beat consensus and management raised full-year guidance to gross profit of $12.33B and adjusted operating income of $3.34B. Raymond James responded by raising its price target to $90 from $82 with an Outperform rating, while the broader sell-side consensus stayed at Strong Buy with an average $86 target. Cash App gross profit surged 38% and Square grew 9%, supported by 22% mid-market GPV growth and 35% international GPV growth. The narrative is being driven by Block's aggressive AI-led cost cuts and workforce reductions, which executives say are improving margins despite a $308.7M reported Q1 loss. Key risk: investors are weighing whether the raised guidance and AI-driven margin expansion are sustainable as competition in fintech and BNPL intensifies.

Block, Inc. (XYZ) - Yahoo Financefinance.yahoo.comBlock Q1 2026 Earnings - Bloombergbloomberg.comBlock Announces First Quarter 2026 Results - BusinessWirebusinesswire.com