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 ...

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 ...

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 reported Q1 GPV of $56.8B vs ... However, guidance was cut meaningfully, reflecting a more cautious macro outlook and continued Cash App woes, he further stated. Analyst Tien-tsin Huang ...

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 ...

Block's turnaround plan hinges on lending. The company says Cash App Borrow — now approved by the Federal Deposit Insurance Corp. to originate loans through its bank subsidiary — will double ...

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 delivered a soft first quarter, with slowing growth at Cash App as the most significant issue, in our view. While management expects growth to improve in the back half of the year ...

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 ...