Evercore analysts upgraded shares to Outperform, saying the most severe tariff scenarios have been mitigated for now.

Evercore ISI upgraded shares of Block Inc to Outperform from In Line citing reduced risk in Cash App lending, solid low-end consumer trends, and promising product and sales execution.Analysts also ...

Cash App’s market positioning is a vital fundamental supporting Block’s stock value ... with some operational gain as the Rule of 40 outlook for 2024 has improved to 36% from the previous ...

Shares of Block dropped after analysts expressed concern its Cash App performance was weaker than ... environment by cutting its full-year outlook. Ahuja noted a dropoff in consumer discretionary ...

Block (XYZ) continues to face challenges with its Cash App segment amid intensifying competition and a soft macroeconomic environment. The company’s first-quarter 2025 earnings report fell short of ...

Block Inc. is lowering its gross-profit outlook for the year after it failed to see the usual first-quarter strength in its Cash App business. Typically, the Cash App business benefits early in ...

Block reported a quarterly beat, "driven by strong expense management and better-than-expected results within Cash App," Nabhan said. The full-year outlook was "increased in excess of the guide ...

Management expects Block's gross profit growth to reaccelerate ... reflecting a more cautious macro outlook and continued Cash App woes, he further stated. Analyst Tien-tsin Huang reaffirmed ...

The analysts at Jefferies believe that these changes have been effectively absorbed, and that any impact on the growth of Cash App ... outlook for the company's future performance. Block Inc ...

Consumers spent less money on Cash App last quarter than Block had expected, causing a disappointing earnings ... even beyond what we've seen so far more meaningfully into our growth outlook. We have ...

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2024, Square's payment volume ...

Block XYZ.N will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator that it failed to adequately police and stop money ...