Block Sees Q3 Adj EPS $1.02 vs $1.01 Est

Is Toast a Good Buy Right Now?

Toast, a restaurant-technology company, shows improving fundamentals with strong Q2 earnings and raised EBITDA guidance, plus new AI investments and partnerships with Google and Adyen. However, insider selling and a still-elevated P/E ratio in the mid-40s remain concerns. The analyst is cautiously optimistic about long-term growth potential despite the stock's 44% decline since IPO.

Wolfe Research Maintains Outperform on Block, Raises Price Target to $115

Wolfe Research analyst Darrin Peller maintains Block (NYSE:XYZ) with a Outperform and raises the price target from $100 to $115.

Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Cathie Wood's Ark Invest added to positions in Nvidia, Block, and Nu Holdings on Monday. Nvidia is viewed as reasonably valued despite its $5.4T market cap, with strong revenue growth expected. Block is trading 72% below its 2021 peak with accelerating revenue growth. Nu Holdings, the cheapest of the three at 13x forward earnings, is expanding rapidly across Latin America with 39% revenue growth.

Shares of Buy Now Pay Later companies are trading lower after the 30-year Treasury yield reached its highest level since June 2007, which will likely impact lending practices for short-term, unsecured credit issuance.