Mizuho Raises Block (XYZ) Price Target, Keeps Outperform Rating

Block, Inc. (NYSE:XYZ) is one of the 11 Best Under-the-Radar Stocks to Buy Right Now. On August 14, Mizuho increased the price target for Block, Inc. (NYSE:XYZ) from $71 to $88 while keeping an Outperform rating.

Mizuho highlighted that Block, Inc.’s (NYSE:XYZ) Square is seeing improvement in its point-of-sale (POS) volumes and its relative market share of the US next-generation POS market.

The research firm indicated that it was especially impressed by the fast growth in the company’s large $500,000+ volume cohort. Mizuho believes this growth is supported by Block, Inc.’s (NYSE:XYZ) recent refocus on enhancing product parity compared to competitors, improving distribution, and transparent pricing.

Mizuho called Block, Inc.’s (NYSE:XYZ) Square the “comeback kid of 2025” and noted these improvements are “just the beginning” for the company’s payment processing unit.

Block, Inc. (NYSE:XYZ) is an American financial technology company that offers a range of financial products and services to consumers and merchants.

While we acknowledge the potential of XYZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.