Block Stock Plummets After Big Earnings Miss. Why Analysts Are Still Bullish. - Barron's
1. Block shares fell 22% post-earnings due to missed Wall Street expectations. 2. Company cut guidance citing macroeconomic pressures affecting consumer spending. 3. Block's 2025 income forecast decreased to $1.9 billion from $2.1 billion. 4. Analysts maintain bullish outlook despite significant earnings miss. 5. Macroeconomic concerns and crypto price fluctuations pose ongoing risks.