Block, Inc., incorporated in San Francisco in 2009, has seen its shares rise 331.01% from $17.25 to $74.35 since being added to Zacks’ Focus List on March 28, 2017. The company currently holds a #1 (Strong Buy) rating on the Zacks Rank as of October 2023. Analysts have recently revised Block’s earnings estimate for fiscal 2026 higher by $0.23 to $3.86, forecasting a growth rate of 62.9% for the current fiscal year.
The Zacks Focus List portfolio includes 50 stocks selected for their potential to outperform the market over the next 12 months. From February 1, 1996, to March 31, 2021, the portfolio yielded a cumulative return of 2,519.23%, significantly outperforming the S&P 500, which returned 854.95% during the same period. In 2020 alone, the Focus List gained 13.85%, compared to the S&P 500’s 9.38% return.
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