Block's fair value estimate has been raised from US$93.23 to US$97.60 following a wave of analyst revisions after its second-quarter results. Firms including BofA, Citi, Piper Sandler, and Goldman Sachs lifted price targets into a roughly US$95 to US$115 range, citing 25% gross profit growth, a 37% adjusted EBITDA margin, and raised 2026 guidance. BMO Capital kept a Market Perform rating but flagged the risk that some positives could be one-offs, while Piper Sandler and Cantor Fitzgerald noted macro and credit uncertainties. The revised valuation reflects a lower revenue growth assumption of 10.46% versus 10.86% previously, offset by a higher net profit margin of 11.19% and a slightly higher discount rate of 7.58%.
Bank of America Corp
Goldman Sachs Group Inc
Piper Sandler CompaniesBlock, IncAnalyst price target hikes and raised fair value estimate following strong Q2 results.
Citigroup Inc.