Block, Inc. (SQ)
NYSE: SQ · Real-Time Price · USD
66.52
+1.28 (1.96%)
At close: Sep 26, 2024, 4:00 PM
66.60
+0.08 (0.12%)
After-hours: Sep 26, 2024, 6:32 PM EDT
Block Stock Forecast
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Block stock have an average target of 87.91, with a low estimate of 46 and a high estimate of 106. The average target predicts an increase of 32.16% from the current stock price of 66.52.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Block stock from 33 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 12 | 12 | 13 | 14 | 14 |
| Buy | 20 | 16 | 16 | 16 | 13 | 13 |
| Hold | 6 | 7 | 6 | 6 | 5 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 38 | 36 | 35 | 36 | 33 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| New Street Research | New Street Research | Hold Initiates $70 | Hold | Initiates | $70 | +5.23% | Sep 9, 2024 |
| UBS | UBS | Strong Buy Maintains $100 → $92 | Strong Buy | Maintains | $100 → $92 | +38.30% | Aug 27, 2024 |
| Needham | Needham | Strong Buy Maintains $105 → $80 | Strong Buy | Maintains | $105 → $80 | +20.26% | Aug 5, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $88 | Buy | Reiterates | $88 | +32.29% | Aug 2, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $95 → $85 | Buy | Maintains | $95 → $85 | +27.78% | Aug 2, 2024 |
Financial Forecast
Revenue This Year
25.46B
from 21.92B
Increased by 16.15%
Revenue Next Year
28.26B
from 25.46B
Increased by 11.00%
EPS This Year
3.71
from 0.02
Increased by 23,042.56%
EPS Next Year
4.76
from 3.71
Increased by 28.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.8B | 32.5B | 35.1B | ||
| Avg | 25.5B | 28.3B | 31.2B | ||
| Low | 23.2B | 24.9B | 26.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.1% | 27.6% | 24.2% | ||
| Avg | 16.2% | 11.0% | 10.3% | ||
| Low | 6.0% | -2.2% | -5.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.75 | 6.76 | 7.96 | ||
| Avg | 3.71 | 4.76 | 5.99 | ||
| Low | 2.74 | 3.14 | 3.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29,524.3% | 82.1% | 67.3% | ||
| Avg | 23,042.6% | 28.1% | 25.9% | ||
| Low | 16,997.6% | -15.6% | -21.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.