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Block, Inc. Faces 14% Drop Amid Mixed Earnings Outlook

11/20/2025

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Story summary
  • Block, Inc. has endured a six-day decline, down 14% and approximately $5.6 billion to $35 billion.
  • The drop followed Q3 earnings that showed slowing revenue growth and rising Cash App losses, yet the 2025 Investor Day forecast a positive three-year outlook.
  • Block projected mid-teens gross profit growth and $4.6 billion in adjusted operating income by 2028 and increased its share repurchase by $5 billion, reinforcing a profitable-growth strategy.