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Morningstar

Morningstar

Sep 04, 2026

Block, Inc.: The Long-Term Economics of Block's Business Are Uncertain

Symbols

XYZ

Sector(s)

Technology

Rating

Current Price

82.76

Fair Value

Economic Moat

Stewardship

Summary

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2025, Square's payment volume was almost USD 260 million.

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