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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.
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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.

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.

Shares have advanced nearly 19% so far this week alone. The firm's second-quarter earnings and revenue surpassed analyst…