Professional
Added to YB: 2026-08-07
Pitch date: 2026-07-31
XYZ [neutral]
Block, Inc.
-2.13%
current return
Author Info
No bio for this author
Company Info
Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally.
Market Cap
$50.6B
Pitch Price
$80.74
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.25
P/E
144.32
EV/Sales
2.04
Sector
Financial Services
Category
growth
Third Point Portfolio Holding: Block, Inc.
XYZ (holding update): Cash App at ~60M actives, thesis shifts from user growth to monetization. Key catalyst: Square Financial Services 2025 approval to originate Cash App Borrow nationwide, boosting economics/control. Borrow hits ~97% repayment via proprietary real-time data underwriting. Merchant biz gaining share; 40% headcount cut drives AI-enabled operating leverage. Sees overlooked AI beneficiary entering durable earnings compounding phase.
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