Added to YB: 2026-06-30
Pitch date: 2026-06-27
XYZ [neutral]
Block, Inc.
-0.6%
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
$46.7B
Pitch Price
$78.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.70
P/E
59.11
EV/Sales
1.94
Sector
Financial Services
Category
N/A
Block: The illusion of top-line growth
XYZ (pass): Block at $74, 18x NTM P/E, $44.5B mkt cap. Passed favoring PYPL. XYZ customers more saturated (~$910 lending/MAU vs PYPL $176 BNPL), riskier loan book (7.8% NCO vs 6% PYPL, likely rising). 101% rev growth illusory—gross Bitcoin accounting. DOJ probe ($240M accrued), $255M prior penalties, Hindenburg fraud claims. Bet on XYZ = bet on Bitcoin.
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