Block Shares Slide After Underwhelming Conference Comments
Block (XYZ) stock drops after cautious remarks from its Business Lead at UBS’s 2025 Tech & AI Conference, highlighting slowing growth and seasonal pressures.
Block (XYZ) stock drops after cautious remarks from its Business Lead at UBS’s 2025 Tech & AI Conference, highlighting slowing growth and seasonal pressures.
Block expects faster profit growth through 2028, driven by Cash App and Square integration, AI tools, and new product launches.
Truist upgrades Block from Sell to Hold with $68 price target, citing improved risk/reward after recent stock pullback and stronger Square segment momentum.
Block's Q3 earnings miss sends shares tumbling 10% as Square growth slows and adjusted EPS falls short of Wall Street estimates despite Cash App gains.