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Investing.com - TD Cowen has reiterated its Buy rating and $95.00 price target on Block Inc. (NYSE:XYZ), a $49 billion market cap fintech company with a perfect Piotroski Score of 9 according to InvestingPro, following the company’s Square Releases Fall 2025 event.
The research firm highlighted that the event demonstrated Block’s strong innovation and product velocity, describing it as "back to building" with numerous new solutions and a heavy focus on restaurant and food and beverage offerings. The company’s robust financial health, rated as "GREAT" by InvestingPro, supports its aggressive product development strategy.
TD Cowen noted that Square’s new products either match or exceed competitor offerings from companies like Toast and Clover, while also introducing differentiated features such as AI-voice ordering, Order Guide for cost control, and Bitcoin acceptance and conversion.
The firm pointed to Block’s go-to-market pricing simplification and recent customer win momentum as additional positive factors supporting its outlook.
Based on these developments, TD Cowen expressed greater confidence in Block’s second-half growth acceleration and believes the company is well-positioned to maintain momentum through 2026.
In other recent news, Block Inc. has caught the attention of investors with several notable developments. The company has introduced significant updates to its Square AI assistant, enhancing it with external data integration capabilities. This upgrade allows small businesses to access local data, such as weather and events, to make better-informed decisions. Additionally, Square launched Square Bitcoin, a new fee-free bitcoin payment platform for small businesses, offering merchants the ability to accept bitcoin with zero processing fees for the first year and manage their bitcoin alongside other finances.
Analysts have also weighed in on Block Inc.’s prospects. Jefferies maintained its Buy rating with a price target of $90, citing a slowdown in job listings as a positive sign for future growth. Canaccord Genuity reiterated its Buy rating with an $80 price target, highlighting the company’s raised full-year guidance, which suggests profit acceleration in the latter part of 2025. In a move to modernize operations, Katz’s Delicatessen has partnered with Square to implement its commerce platform across its locations. These developments underscore Block Inc.’s ongoing efforts to innovate and expand its offerings.
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