XYZ stock dropped 3.56% after weak Q4 earnings, but Block sees growth potential in 2025
From Nasdaq: 2025-02-25 13:18:00
XYZ shares dropped 3.56% to $65.92 after weak Q4 results. Despite missing earnings and revenue estimates, Block sees growth potential in 2025. The stock is down 22.4% YTD, trading below 50-day and 200-day SMAs. Partner integrations and strong payment volumes drive optimism. Earnings estimates show positive trends for XYZ in 2025.
Investors should consider XYZ’s strong portfolio and partner base, but macroeconomic challenges and valuation concerns persist. XYZ currently holds a Zacks Rank #3 (Hold). Access Zacks’ picks for $1 to explore investment opportunities. Opportunities include Surprise Trader, Stocks Under $10, and Technology Innovators with impressive gains in 2024.
Read more at Nasdaq: XYZ Drops 21% Post Q4 Earnings: Buy, Sell or Hold the Stock?