From Zacks Investment Research: 2025-04-25 15:24:00

Block (XYZ) is launching a new Square Point of Sale app that combines commerce and payments features in one app, offering seven modes tailored for different industries. The company’s omnichannel offerings and strong demand for POS solutions are driving momentum. However, intense competition and trade tensions are impacting XYZ’s stock performance, which has dropped 32.2% year-to-date. Despite challenges, XYZ’s expanding portfolio and go-to-market initiatives are expected to drive growth in 2025. The company’s strong positioning in the digital payments industry and partnerships with Sysco and Cash App are notable drivers of growth.

XYZ’s earnings estimates for 2025 are favorable, with a projected 22.26% growth over 2024. The stock is trading at a premium compared to competitors like PayPal. XYZ shares are currently below the 50-day and 200-day moving averages, indicating a bearish trend. Despite challenges, XYZ has a Zacks Rank #2 (Buy), making it an attractive option for investors.



Read more at Zacks Investment Research: XYZ Strengthens Portfolio With New Square App: Time to Buy the Stock? – April 25, 2025