Can Block Shares Keep Running and Reach $100 in 2026?

"Block ( NYSE: XYZ) has delivered strong momentum in 2025, with shares climbing steadily as the company demonstrates improving profitability and operational leverage. The fintech platform operator behind Square and Cash App has transformed from losses just two years ago to consistent quarterly profits, with Q3 2025 earnings surging 64% year over year. With Wall Street's consensus target at $84, investors are asking whether Block can push to $100 in 2026."

"The bullish view stems from Block's accelerating profitability. The company's trailing P/E ratio of just 13 looks attractive for a fintech platform growing earnings at this pace. The S&P 500 trades at roughly 21x forward earnings, meaning Block trades at a significant discount despite delivering 64% earnings growth in Q3. Yet, it is worth noting that much of Block's profitability comes from income tax gains rather than operating income."

"Gross profit grew 18% last quarter, driven by Cash App's 24% expansion and Square's 9% increase. Both support the thesis that Block is capturing market share in both consumer and merchant payments. Management raised full-year guidance to $10.24B in gross profit. The Math Behind $100 Per Share Reaching $100 would require Block to gain 55% from current levels. At today's price, Block trades at 13x trailing earnings. If shares hit $100, they would trade at roughly 20x trailing earnings based on current profitability."

Block's shares strengthened in 2025 as profitability and operational leverage improved, shifting from losses to consistent quarterly profits and a 64% year-over-year earnings surge in Q3 2025. Analysts set a consensus 12-month price target of $84, implying about 30% upside, with 31 of 33 analysts rating the stock Buy or Strong Buy. The trailing P/E of 13 appears attractive versus the S&P 500 at roughly 21x forward earnings, although a portion of profitability reflects income-tax gains rather than operating income. Operating income rebounded to nearly $1.4 billion over the past 12 months, gross profit grew 18% last quarter led by Cash App and Square, and management raised full-year gross profit guidance to $10.24 billion. Achieving $100 per share would require roughly 55% appreciation, moving the multiple toward about 20x trailing earnings based on current profitability.

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