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

Block (NYSE: XYZ) has delivered beardown momentum successful 2025, with shares climbing steadily arsenic the institution demonstrates improving profitability and operational leverage. The fintech level relation down Square and Cash App has transformed from losses conscionable 2 years agone to accordant quarterly profits, with Q3 2025 net surging 64% twelvemonth implicit year. With Wall Street's statement people astatine $84, investors are asking whether Block tin propulsion to $100 successful 2026.

Analysts are optimistic astir Block's trajectory. The statement 12-month terms people of $84 implies 30% upside from existent levels astir $64, with 31 of 33 analysts standing the banal a Buy oregon Strong Buy. That's a 94% affirmative rating.

The bullish presumption stems from Block's accelerating profitability. The company's trailing P/E ratio of conscionable 13 looks charismatic for a fintech level increasing net astatine this pace. The S&P 500 trades astatine astir 21x guardant earnings, meaning Block trades astatine a important discount contempt delivering 64% net maturation successful Q3.

Yet, it is worthy noting that overmuch of Block's profitability comes from income tax gains rather than operating income. Still, the company's operating income was antagonistic successful 2023 and has steadily rebounded to wherever it's reached astir $1.4 cardinal successful the past 12 months.

Gross nett grew 18% past quarter, driven by Cash App's 24% enlargement and Square's 9% increase. Both enactment the thesis that Block is capturing marketplace stock successful some user and merchant payments. Management raised full-year guidance to $10.24B successful gross profit.

Reaching $100 would necessitate Block to summation 55% from existent levels. At today's price, Block trades astatine 13x trailing earnings. If shares deed $100, they would commercialized astatine astir 20x trailing net based connected existent profitability. That's inactive beneath the S&P 500's mean aggregate and tenable for a institution demonstrating this maturation rate.

(However, arsenic we noted earlier, overmuch of this nett comes from income taxation benefits, which helps explicate wherefore Block is trading for specified a comparatively 'cheap' P/E ratio.)