---
title: "RBC Capital reiterates Outperform rating on Block, $95 price target"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/302584969.md"
description: "RBC Capital reiterated an Outperform rating on Block with a $95 price target, implying 21.6% upside from the Oct 20 close of $78.10. The firm highlights strong growth potential from the Neighborhoods program, which re-engages inactive users, and the Local Cash rewards system, which enhances customer loyalty and transaction volume within the Square ecosystem."
datetime: "2026-10-21T15:19:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/302584969.md)
  - [en](https://longbridge.com/en/news/302584969.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/302584969.md)
generator: "portal-rs"
---

# RBC Capital reiterates Outperform rating on Block, $95 price target

RBC Capital reiterated their Outperform rating on Block's stock with a price target of $95.00.

The price target implies an upside of 21.6% from the Oct 20 close of $78.10.

**Key takeaways from the analyst note**

**Strong Growth Potential from Neighborhoods Program**: Block's Neighborhoods program is designed to enhance customer acquisition and engagement within the Cash App ecosystem, with early indicators showing that approximately 50% of new actives were previously inactive users. This suggests a successful strategy to attract new customers and re-engage lapsed ones, driving incremental growth for the platform.

**Interoperable Rewards System Enhances Customer Loyalty**: The introduction of Local Cash, an interoperable cash-back rewards program redeemable at any participating Square merchant, creates a compelling value proposition for consumers. This system not only incentivizes spending within the Square ecosystem but also helps bridge the gap between consumers and merchants, which is likely to foster long-term loyalty and increase overall transaction volume.

Explore more price target data and ratings for Block on the .

**Disclaimer**

Select reference data provided by Benzinga. This information is not a recommendation for what you should do personally and does not constitute investment advice.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**