KBW Highlights Upside Potential for Block (XYZ) Across Its Business Segments

Block Inc. (NYSE:XYZ) ranks among the best software stocks to buy right now. On August 22, Keefe, Bruyette & Woods reaffirmed its Outperform rating and $95 price target for Block Inc. (NYSE:XYZ). The firm expressed confidence in Block’s development trajectory for the rest of the year, citing an expected growth uptick in both of the company’s business areas.

According to the firm, Block Inc. (NYSE:XYZ) is positioned as an appealing investment opportunity in the present market climate, and the firm’s research report advises investors to hold the payment technology company’s stock through the end of the year.

Block’s next investor day in November was also noted by KBW as a possible catalyst for the stock. The firm believes that this event will provide “a compelling growth narrative for 2026 and beyond” that might further bolster the company’s worth.

Block Inc. (NYSE:XYZ), formerly known as Square Inc., is an American public company that has multiple operations within the financial technology sector.

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