Wells Fargo keeps USD 97.00 target for Block stock

Published on 10/20/2026 at 21:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wells Fargo kept its USD 97.00 target for the company on October 13, 2026. Block stock costs EUR 69.63 on October 20, 2026 at 9:44 p.m. CEST.

Analyst target and results date

Wells Fargo kept a USD 97.00 target for Block on October 13, 2026.
Block reported USD 6.62 billion in second-quarter revenue and USD 1.02 earnings per share.
Block stock costs EUR 69.63 at Lang & Schwarz on October 20, 2026 at 9:44 p.m. CEST.
Block will publish third-quarter results on November 3, 2026.

Flatlay Aktienzertifikat ISIN US8522341036 Smartphone Kreditkarten Block Inc — Block Inc. ISIN US8522341036 Flatlay mit Aktienzertifikat, Smartphone und Fintech-Zahlungsobjekten auf Marmor, Illustration mit AI erstellt.

Wells Fargo maintained a USD 97.00 price target and a Buy rating for Block on October 13, 2026, according to Business Insider. Block stock was trading at EUR 69.63 at Lang & Schwarz on October 20, 2026 at 9:44 p.m. CEST.

Wells Fargo sets a USD 97.00 marker

The target stands 24.26 percent above Block's USD 78.06 Nasdaq price on October 20, 2026. That calculation uses the two prices in the same currency and places the analyst view well above the latest US quotation.

Block's most recent reported quarter ended June 30, 2026. Revenue reached USD 6.62 billion, while diluted earnings per share were USD 0.15, according to the standardized quarterly figures for the company.

Stock range leaves room below the high

Block's Nasdaq quotation stood between a 52-week low of USD 48.21 and a high of USD 86.92 on October 20, 2026. The USD 78.06 price was 10.19 percent below that high, while the market capitalization was USD 46.9 billion and the price to earnings ratio was 139.68.

November 3 is the next date

Block will release third-quarter 2026 results after the US market close on November 3, 2026, and will hold its earnings call at 5:00 p.m. Eastern Time, according to Block. The scheduled release gives the USD 97.00 target a near-term reporting date to test.

Block director Anthony Eisen sold 6,000 shares on October 19, 2026 at an average price of USD 78.58 under a pre-arranged trading plan, MarketBeat reported. The filing describes the transaction as part of a series of recurring sales.

Comparison with peers

Block Inc.: up 0.73 percent on Nasdaq, price to earnings ratio 139.68, market capitalization USD 46.9 billion.

PayPal Holdings: up 0.93 percent on Nasdaq, price to earnings ratio 10.79, market capitalization USD 48.8 billion.

Shift4 Payments: up 0.70 percent on Nasdaq, price to earnings ratio 69.02, market capitalization USD 4.2 billion.

Price and reporting date

The USD 97.00 target, the November 3 reporting date and the USD 6.62 billion second-quarter revenue figure give investors three dated markers for the next Block update. The latest Nasdaq price remains below both the analyst target and the 52-week high.

The further course of trading is shown by the continuously updated real-time quote of Block stock.