Analyst Predicts 35% Upside for Block Ahead of Q1 2026 Earnings
Evercore ISI analyst Adam Frisch predicts a 35% upside for Block (NYSE: XYZ) ahead of its Q1 2026 earnings report on May 7. The firm reiterated an 'Outperform' rating with a price target of $96. Block's integration of Bitcoin and recent operational changes, including a 40% workforce reduction attributed to AI adoption, are key factors in the forecast.
