Is Block, Inc. (XYZ) among the Best Bitcoin and Blockchain Stocks to Invest in?

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Is Block, Inc. (XYZ) among the Best Bitcoin and Blockchain Stocks to Invest in?

Fatima Gulzar

Tue, February 17, 2026 at 11:48 PM GMT+9 2 min read

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Block, Inc. (NYSE:XYZ) is among the 11 Best Bitcoin and Blockchain Stocks to Invest in.

Is Block, Inc. (XYZ) among the Best Bitcoin and Blockchain Stocks to Invest in?

Block, Inc. (NYSE:XYZ) is among the** Best Bitcoin Stocks.  **

On February 4, 2026, Block, Inc. (NYSE:XYZ) said it is broadening its OpenIP project to include Bitkey, its bitcoin self-custody hardware wallet, and Proto, the company’s bitcoin mining hardware and services brand. This extension supports the company’s open innovation strategy for hardware development and builds on the October 2025 OpenIP launch.

Citi cut its price target on XYZ from $105 to $85 on February 5, 2026, while retaining a “Buy” rating on the stock ahead of the results and anticipating a 19% increase in gross profit.

On January 20, 2026, Truist analyst Matthew Coad lifted his price objective on Block, Inc. (NYSE:XYZ) from $68 to $72 and retained a Hold rating. He stated that, while Truist remains optimistic about fintech in 2026, some management teams may steer conservatively due to more difficult year-over-year comparisons.

Block, Inc. (NYSE:XYZ) had a setback when its third-quarter revenues fell short of Wall Street estimates. The company increased its full-year profit projection and reported considerable growth in consumer banking. Adjusted earnings per share were 54 cents, below analysts’ forecasts of 67 cents, despite an 18% increase in gross profit to $2.66 billion from the prior year. That increase was sufficient for the Oakland-based company to improve its full-year gross profit forecast to $10.24 billion, a modest increase above its prior estimate.

Block, Inc. (NYSE:XYZ) offers merchants payment services and other related services. The company also established Cash App, a person-to-person payment network.

While we acknowledge the potential of XYZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 20 Best Performing Stocks in 2025 **and **12 Best Food Stocks to Buy in 2026.

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