New York, Feb 19, 2026, 05:10 EST — Premarket
- Block shares hovered near flat in premarket trading, following a 5.5% jump Wednesday.
- Cantor Fitzgerald trimmed its price target to $70 but stuck with an Overweight rating
- Block’s set to report on Feb. 26, and investors are zeroing in on fresh Square payment volume figures and what’s next for Cash App trends.
Block slipped 0.02% to $53.59 before the bell Thursday, coming off a 5.49% jump to $53.60 at the close a day earlier. (Investing)
Next week could move the needle. Block’s quarterly numbers are on deck, and even minor changes in volume or guidance have the potential to jolt the stock. The company remains a go-to barometer for payments sentiment, trading with that volatility in mind.
Investors are looking for clarity on Square’s performance with merchants—and if Cash App’s momentum will finally drive more stable profits. The stock has felt that squeeze; individual product news hasn’t moved the needle as much.
Block plans to post its fourth-quarter 2025 earnings after the bell on Feb. 26, with a conference call and webcast lined up for 5 p.m. ET. The company operates Square for merchants, Cash App on the consumer side, and Afterpay in the buy-now-pay-later segment. (Block)
Block’s price target just got sliced to $70 from $87 at Cantor Fitzgerald, according to analyst Ramsey El-Assal, who is sticking with his Overweight call, TipRanks noted. The move comes as the firm points to “compression seen in market multiples across the payment space.” (TipRanks)
Cantor pared back its forecast for Square Seller gross payment volume growth to roughly 10%, citing recent management remarks at an investor conference, according to Investing.com. GPV, or gross payment volume, tracks the total dollar amount handled through the platform. (Investing)
Block surged Wednesday as U.S. stocks rallied, the S&P 500 climbing 0.56% and the Nasdaq advancing 0.78%, according to Reuters. Global Payments, another name in the payments space, shot up 16% during the session. (Reuters)
Block watchers will zero in on Square’s seller trends—payment volumes in particular—and whether Cash App can layer on more high-margin offerings without curbing user engagement.
Still, the setup isn’t one-way. If consumer spending underwhelms or Square’s payment volume slows, shares could lose ground fast—particularly with a major report just a week out.
Another focus for traders: the way management characterizes the payments landscape. Cantor’s move to lower its target underscores just how quickly valuations can shift if the market starts questioning growth.
Investors are zeroed in on Block’s earnings call scheduled for Feb. 26 at 5 p.m. ET, seeking fresh guidance and details on Square Seller GPV along with any signs of Cash App traction. (Block)
