Morgan Stanley Cuts Block (XYZ) Price Target to $80

By TradeTexts Research Desk Oct 26, 2026, 8:15 AM EDT

Key Points

As of October 26, 2026, Block, Inc. shares traded recently at $76.46, about equal to the closing price of $76.46 on October 23, 2026.
Morgan Stanley's $80 price target implies 4.63% upside from Block, Inc.'s ($XYZ) current $76.46 share price.
The average target price for Block, Inc. among analysts is $98.15, with 42 analysts covering the stock.

Get Block text alerts

We text you when insiders, Congress, analysts or big funds move on $XYZ.

By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.

Not investment advice. TradeTexts is not a registered investment adviser, and this automated Block, Inc. alert may contain errors. Disclosures

On October 26, 2026, Morgan Stanley lowered its rating on Block, Inc. to Equal-Weight and set a new price target of $80, down from $90. This change comes as part of a broader assessment of the stock's performance and expectations for future growth.

In the recent call, Morgan Stanley noted the adjustment in its target price while maintaining its Equal-Weight rating. This decision reflects their current outlook on the stock and how it fits within the wider market context. Block, Inc. operates in the technology sector, specifically in software and financial services, and has a market cap of about $45.9 billion.

XYZ Block, Inc.

$76.46 +17.36% year to date

Daily close · Oct 23, 2026

Analyst rating track record

Morgan Stanley vs. the S&P 500

YTD return +1.68% hypothetical

All-time return +1.68% S&P 500 -0.07%

vs. S&P 500 +1.75% ahead of the index

Hypothetical returns from Morgan Stanley's disclosed trades, not real profit or advice. How we model this.

Other Institutional Activity in Block, Inc.

Several other institutional investors have also made moves regarding Block, Inc. Ameriprise Financial, Inc. increased its holdings by 1,596,682 shares, bringing its total to 8,464,132 shares valued at approximately $647.2 million. Contour Asset Management LLC also boosted its position, adding 3,712,205 shares for a total of 8,246,473 shares worth around $630.5 million.

Block, Inc. Stock Down 3.2%

As of October 26, 2026, Block, Inc. shares traded recently at $76.46, about equal to the closing price of $76.46 on October 23, 2026. The stock is currently 2.6% below its 50-day moving average of $78.50 and 12% below its 52-week high of $86.92. The recent price is also 58.6% above its 52-week low of $48.21.

12-month forecast

$XYZ price target

Block, Inc. daily closes and this analyst's $80 target. Not advice.

Recent Earnings

Block, Inc. reported trailing twelve-month revenue of approximately $25.04 billion and earnings per share of $0.56. The company's revenue growth year-over-year stands at 9.3%. The next earnings report is scheduled for November 3, 2026.

Insider Buying and Selling at Block, Inc.

Anthony Mathew Eisen, a director at Block, Inc., sold 18,000 shares on several occasions in October 2026. The sales occurred on October 6, 14, 19, and 22, with total values ranging from about $1.36 million to $1.42 million per transaction. These sales were not planned under a Rule 10b5-1 plan.

Analysts Set New Price Targets

On October 26, 2026, Morgan Stanley downgraded Block, Inc. to Equal-Weight with a new price target of $80, down from $90. Other firms have maintained their ratings, with Truist Securities holding a Buy rating and a target of $89, while Cantor Fitzgerald reiterated an Overweight rating with a target of $95.

About Block, Inc.

Block, Inc. develops various technology solutions focused on commerce and financial services. It operates through its Square and Cash App segments, serving customers in the U.S. and internationally. The recent changes in analyst ratings reflect the evolving outlook on the company's performance and market positioning.

Bottom Line

Investors should keep an eye on Block, Inc.'s upcoming earnings report on November 3, 2026, and any further rating changes from analysts. The recent downgrade by Morgan Stanley may influence market sentiment, but the stock remains well above its 52-week low, indicating some resilience in its performance.