Block, Inc. (XYZ) earnings on May 7, 2026
Prior outlook: Optimistic Outcome: Accurate
The stock jumped significantly even though the company has never beaten earnings expectations and options pricing showed high uncertainty.
XYZ price around the earnings
74.88
Change: +6.7%
2026-05-08, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Accurate
- Thesis published
Strong relative performance, analyst support, but earnings history is a concern.
The stock shows strong relative strength compared to the market, and analysts are positive. However, the company has a history of missing earnings significantly, which poses a risk.
Context analyzed before publication
- Summary
- Strong relative performance, analyst support, but earnings history is a concern.
- Playbook
- The stock shows strong relative performance, but the earnings track record is poor. The scenario acknowledges this risk.
- Trend
- Outperforming SPY into event, high IV.
Analysts
Drivers
-
Analysts
Positive
The stock holds a buy rating from a large number of analysts, with price targets citing considerable upside.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 1.6
- Analysts covering the stock
- 40
- Average price target
- 86.78
- Lowest price target
- 51
- Highest price target
- 119.16
- Upside to price target
- 23.7%
- Quarterly earnings growth
- -94.1%
- Revenue growth
- 3.6%
- Forward EPS
- 4.81
- Trailing EPS
- 2.1
- Analyst moves in the last 60 days
- 8
- Strong buy: 8
- Buy: 28
- Hold: 8
- Sell: 0
- Strong sell: 1
- Strong buy
- 8
- Buy
- 28
- Hold
- 8
- Sell
- 0
- Strong sell
- 1
- April 24, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- April 22, 2026 · BMO Capital: Initiates coverage (Market Perform)
- April 22, 2026 · BTIG: Reiterates rating (Buy → Buy)
- April 21, 2026 · Cantor Fitzgerald: Maintains rating (Overweight → Overweight)
- March 31, 2026 · Loop Capital: Initiates coverage (Buy)
- March 18, 2026 · Truist Securities: Upgrades rating (Hold → Buy)
- March 18, 2026 · Rothschild & Co: Upgrades rating (Sell → Neutral)
- March 17, 2026 · RBC Capital: Reiterates rating (Outperform → Outperform)
News and sentiment
Drivers
-
News & sentiment
Neutral
Recent headlines related to Bitcoin and AI appear to be unrelated noise rather than core drivers for the company's stock.
Evidence
Sentiment
- Sentiment
- Cautious
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (2)
- Jack Dorsey Backs 'Bitcoin World Premiere' Of Julian Assange Documentary: 'There Was Natural Resonance With The BTC Community' — Benzinga
- Jack Dorsey Teases 'See All The Bits' As Block's Self-Custody Bitcoin Wallet Gets This Upgrade — Benzinga
Technicals
Drivers
-
Technical
Positive
The stock has outperformed the broader market over the last month, showing robust relative strength.
Evidence
- Average true range (ATR)
- 3.2%
- Distance to 52-week high
- -14.9%
- 14-day change (14d)
- -1.5%
- 30-day change
- +17.0%
- 30-day relative strength
- +4.9%
- Benchmark change
- +12.0%
- Nearest support
- 55.87
- Nearest resistance
- 75.21
- Volume accumulation ratio
- 0.6
Trends
Evidence
- Average earnings surprise
- -32.3%
- February 26, 2026: actual EPS 0.19 vs estimate 0.59 (surprise -68.0%)
- November 6, 2025: actual EPS 0.54 vs estimate 0.66 (surprise -18.1%)
- August 7, 2025: actual EPS 0.62 vs estimate 0.66 (surprise -5.9%)
- May 1, 2025: actual EPS 0.3 vs estimate 0.48 (surprise -37.1%)
Expected move
Drivers
-
Past earnings
Negative
The company has a history of missing earnings expectations by a wide margin. The most recent quarterly report also showed a significant miss.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 7.8%
- 75th percentile move
- 14.8%
- 90th percentile move
- 18.3%
- Up / down moves
- 9 / 10
- Average up move
- +10.8%
- Average down move
- -7.4%
Monitoring and close
What Block, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Accurate
- Consolidated
- +6.7%
- Max favorable move (MFE)
- 10.9%
- Max adverse move (MAE)
- 0%