Block Predicts Modest Price Decline Over Next 60 Days
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
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Source: Benzinga
- Price Prediction: Block's current trading price is $65.21, with an AI model projecting an average price of $65.20 over the next 60 days, indicating a modest decline and reflecting market caution regarding its short-term performance.
- Technical Indicator Analysis: Both MACD and RSI show negative signals, indicating fading momentum; while Block's ecosystem integrates hardware, software, and crypto, macroeconomic pressures like high interest rates are squeezing transaction margins.
- Cash App Growth: Despite surging Bitcoin sales amid Trump's pro-digital asset stance, user monetization through Afterpay's buy-now-pay-later model adds recurring revenue, yet regulatory risks surrounding crypto custody loom large, potentially impacting future earnings.
- Market Outlook: Analysts maintain a Strong Buy consensus on Block, with 12-month price targets clustering between the mid $90s and mid $100s; although the AI forecast suggests limited upside in the short term, sustained Bitcoin highs could pave the way for ecosystem-driven rallies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
