Get this delivered to your inbox, and more info about our products and services.
Better growth and an attractive valuation make Block a buy, says Truist
Truist Securities sees shares of Block rising 29% from here.
14 words~1 min read
Truist Securities sees shares of Block rising 29% from here.
Get this delivered to your inbox, and more info about our products and services.

Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.

Shares have gained roughly 30% so far in 2025.

Block reported weaker-than-expected earnings for the second quarter but increased its full-year guidance.

XYZ's stock surges 24.9%, backed by strong Cash App growth, rising gross profit, and expanding BNPL and lending momentum.

We're taking half of the cash raised from the sale to add to one of the portfolio's recent spinoffs.

Shares have gained more than 50% so far in 2025.