Block stock posts 70 percent EPS growth at EUR 65.20 vs EUR 65.25, minus 0.08 percent

Published on 09/30/2026 at 14:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Block stock was EUR 65.20 at Lang & Schwarz versus EUR 65.25 prior close on September 30, 2026, minus 0.08 percent. Q2 adjusted EPS rose 64.5 percent to USD 1.02.

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Block (ISIN US8522341036) was trading at EUR 65.20 at Lang & Schwarz on September 30, 2026, versus the EUR 65.25 prior close, a change of minus 0.08 percent. The company raised its fiscal 2026 outlook after second-quarter gross profit grew 25 percent year over year, according to ScanX News on September 21, 2026.

Adjusted earnings accelerate

Block reported second-quarter 2026 adjusted EPS of USD 1.02, up 64.5 percent from the prior-year quarter and above the USD 0.86 consensus estimate, according to Yahoo Finance on September 4, 2026. Revenue reached USD 6.62 billion, an increase of 9.3 percent year over year, while total gross profit rose 24.8 percent to USD 3.17 billion.

The comparison inside the quarter is important. Cash App gross profit increased 31.5 percent to USD 1.97 billion, while Square gross profit rose 13 percent to USD 1.16 billion, according to Yahoo Finance. Cash App consumer lending origination volume also increased 58.8 percent to USD 18.9 billion, although management expects lending growth to normalize in the second half of 2026.

Guidance sets the next test

For fiscal 2026, Block now expects gross profit of USD 12.51 billion, representing 21 percent growth, adjusted operating income of USD 3.47 billion and a 28 percent adjusted operating margin. Adjusted EPS is expected to rise 70 percent to USD 4.02, while third-quarter adjusted EPS is forecast at USD 1.02, up 89 percent year over year, according to Yahoo Finance.

The mix of growth and profitability gives the outlook a clear operational benchmark. Cash App is expanding faster than Square on gross profit, while the company must prove that higher lending activity can translate into durable monetization after the second-quarter acceleration.

Analyst target remains above market

BTIG Research reaffirmed a Buy rating and a USD 100.00 price target on September 28, 2026, according to MarketBeat. The target lies 53.37 percent above the Lang & Schwarz price of EUR 65.20, but the currencies and venues differ, so the comparison is directional rather than a combined return calculation.

Block's next earnings date is November 5, 2026, according to Investing.com. The market capitalization was USD 44.1 billion on September 28, 2026, while the 52-week range stood at USD 48.21 to USD 86.92.

Block stock stays near EUR 65

Block stock was trading at EUR 65.20 at Lang & Schwarz on September 30, 2026, at 2:14 p.m. CEST. The price was EUR 65.25 at the prior close on September 29, 2026, leaving the session change at minus 0.08 percent.