RBC Capital Rates Block (XYZ) Outperform, $95 Price Target

By TradeTexts Research Desk Oct 21, 2026, 2:15 PM EDT

Key Points

RBC Capital reiterated its Outperform rating on Block, Inc. on October 21, 2026, holding its price target at $95.00.
RBC Capital's $95 price target implies 21.48% upside from Block, Inc.'s ($XYZ) current $78.20 share price.
Block, Inc. trades near $78.95, sitting above its 50-day moving average and below its consensus analyst price target.
Wall Street maintains an overall buy recommendation on Block, Inc. ahead of its next earnings report scheduled for November 3, 2026.

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RBC Capital's Call on Block, Inc.

RBC Capital reiterated its Outperform rating on Block, Inc. (NYSE: XYZ) on October 21, 2026, keeping its price target unchanged at $95.00. According to the research note, the firm's forward-looking view on the stock remains positive, matching its previous target of $95.00.

XYZ Block, Inc.

$78.10 +19.88% year to date

Daily close · Oct 20, 2026

Analyst rating track record

RBC Capital vs. the S&P 500

YTD return +0.98% hypothetical

All-time return +0.98% S&P 500 +1.64%

vs. S&P 500 -0.66% behind the index

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

Other Institutional Activity in Block, Inc.

Other large investors adjusted their holdings in Block, Inc. during recent reporting periods. Ameriprise Financial, Inc. grew its holdings by 1,596,682 shares, ending with 8,464,132 shares worth about $668,793,384. Contour Asset Management LLC increased its stake by 3,712,205 shares, closing out the period with 8,246,473 shares valued at roughly $651,595,059.

Block, Inc. Stock Up 0.4%

Block, Inc. shares recently traded around $78.95 on October 21, 2026, close to the day's closing price of $79.01. The stock sits about 0.4% above its 50-day moving average of $78.66 and 11.5% above its 200-day moving average of $70.78.

12-month forecast

$XYZ price target

Block, Inc. daily closes and this analyst's $95 target. Not advice.

Recent Earnings

Block, Inc. reported $25.04 billion in revenue and an earnings per share of $0.56. The company is set to release its next financial results on November 3, 2026.

Dividend

Block, Inc. does not pay a dividend to shareholders, registering a dividend payout ratio of 0.0% and a dividend yield of 0.0%.

Insider Buying and Selling at Block, Inc.

Company insiders were active in the market over October 2026. Director Anthony Mathew Eisen sold a total of 48,000 shares across multiple transactions between October 6 and October 19, 2026, with individual transaction values ranging from $471,480 to $1,376,820.

Analysts Set New Price Targets

Several other firms recently updated their outlooks on Block, Inc. On September 10, 2026, Macquarie maintained a Neutral rating with a $75.00 target. Cantor Fitzgerald reiterated an Overweight rating on September 25, 2026, holding its $95.00 target, while BTIG kept a Buy rating and a $100.00 target on the same day. Later, on October 2, 2026, Baird maintained an Outperform rating while lifting its target from $105.00 to $106.00. Across Wall Street, the stock carries a consensus buy recommendation from 42 analysts with a mean price target of $97.86.

About Block, Inc.

Block, Inc. builds commerce and financial ecosystems through its Square and Cash App segments, offering software and hardware tools for merchants alongside consumer financial services in the United States and internationally. Founded by Jack Dorsey, the firm employs over 10,000 people and operates out of Oakland, California.

Bottom Line

Block, Inc. continues to draw attention from major institutional funds and Wall Street analysts alike. Investors will look toward the company's upcoming earnings report on November 3, 2026, for fresh details on financial performance and segment growth.