Block, the company founded by Jack Dorsey, unveiled an ambitious three-year financial outlook, leading to an 8% surge in its stock price to $62. The company projects double-digit annual gross profit growth, aiming to reach $15.8 billion by 2028, and anticipates a 30% annual increase in adjusted operating profit, surpassing $4.6 billion. Additionally, Block announced a $5 billion stock buyback authorization. Analysts are optimistic about the company's future, citing potential growth in Cash App's lending and improvements in Square's business operations. They suggest the stock could still see over 40% upside potential, reflecting strong investor confidence in Block's strategic direction.