Strong Fundamentals Drive Optimism
02.09.2025 - 13:45:04Block’s Growth Trajectory Gains Analyst Confidence
Financial technology firm Block has captured significant analyst attention with its promising performance outlook. Investment bank Keefe, Bruyette & Woods has reaffirmed its “Outperform” rating on the company’s shares while maintaining a $95 price target, signaling strong conviction in the payment service provider’s future prospects.
The foundation for this positive sentiment stems from Block’s impressive second-quarter 2025 results:
? Gross profit increased 14% to $2.54 billion
? Cash App revenue advanced 16% to Read more...