Mizuho Raises Block (XYZ) Price Target, Keeps Outperform Rating

Block, Inc. (NYSE:XYZ) is one of the 11 Best Under-the-Radar Stocks to Buy Right Now. On August 14, Mizuho increased the price target for Block, Inc. (NYSE:XYZ) from $71 to $88 while keeping an Outperform rating.

Mizuho highlighted that Block, Inc.’s (NYSE:XYZ) Square is seeing improvement in its point-of-sale (POS) volumes and its relative market share of the US next-generation POS market.

An individual using a laptop to access the fintech platform to manage their finances.

The research firm indicated that it was especially impressed by the fast growth in the company’s large $500,000+ volume cohort. Mizuho believes this growth is supported by Block, Inc.’s (NYSE:XYZ) recent refocus on enhancing product parity compared to competitors, improving distribution, and transparent pricing.

Mizuho called Block, Inc.’s (NYSE:XYZ) Square the “comeback kid of 2025” and noted these improvements are “just the beginning” for the company’s payment processing unit.

Block, Inc. (NYSE:XYZ) is an American financial technology company that offers a range of financial products and services to consumers and merchants.

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Disclosure: None. This article is originally published at Insider Monkey.