Morgan Stanley Raises its Price Target on Block (XYZ)

Block, Inc. (NYSE:XYZ) is one of the 15 Most Promising Stocks to Buy Right Now.

On May 29, 2026, Morgan Stanley analyst James Faucette raised the firm’s price target on Block, Inc. (NYSE:XYZ) to $98 from $96 and maintained an Overweight rating on the shares. Faucette cited Morgan Stanley’s proprietary AlphaWise survey of about 274 small and medium-sized businesses, which showed momentum for Block, Shopify (SHOP), and Stripe.

On May 27, 2026, Truist raised the firm’s price target on Block, Inc. (NYSE:XYZ) to $82 from $81 and maintained a Buy rating on the shares as part of a broader note on payments names. Truist said management was prudent in setting guidance and continues to believe Block can be a good beat-and-raise story throughout the year.

On May 26, Magnolia Soap & Bath Co. selected Block’s Square as its unified commerce platform for more than 50 locations across 17 states, as the brand invests in scalable infrastructure to support franchisees, maintain brand consistency, and support its in-store experience.

Morgan Stanley Raises its Price Target on Block (XYZ)

Image by MayoFi from Pixabay

Block, Inc. (NYSE:XYZ) builds ecosystems focused on commerce and financial products and services in the United States and internationally.

While we acknowledge the risk and potential of XYZ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than XYZ and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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