Block, Inc. (SQ)

NYSE: SQ · Real-Time Price · USD
89.70
-2.72 (-2.94%)
At close: Nov 20, 2024, 4:03 PM
89.89
+0.19 (0.21%)
Pre-market: Nov 21, 2024, 5:26 AM EST
-2.94%
Market Cap 55.60B
Revenue (ttm) 23.86B
Net Income (ttm) 1.05B
Shares Out 619.81M
EPS (ttm) 1.66
PE Ratio 53.96
Forward PE 21.43
Dividend n/a
Ex-Dividend Date n/a
Volume 7,701,163
Open 92.00
Previous Close 92.42
Day's Range 89.47 - 93.00
52-Week Range 55.00 - 93.00
Beta 2.48
Analysts Buy
Price Target 91.13 (+1.59%)
Earnings Date Nov 7, 2024

About SQ

Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order managers, and payment and commerce application programming interfaces; managed payment services; software solutions; hardware products, such as register... [Read more]

Sector Technology
IPO Date Nov 19, 2015
Employees 12,985
Stock Exchange NYSE
Ticker Symbol SQ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 32 analysts, the average rating for SQ stock is "Buy." The 12-month stock price forecast is $91.13, which is an increase of 1.59% from the latest price.

Price Target
$91.13
(1.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Afterpay's BNPL Now Available on Google Pay, Offering Shoppers Even More Choice and Flexibility

DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Afterpay, a leading Buy Now, Pay Later (BNPL), announced today its flexible payment functionality will be available for consumers checking out on...

1 day ago - Business Wire

Bitkey Launches an Inheritance Feature for Seamless Legacy Bitcoin Transfers

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Bitkey, the self-custody wallet built by Block, Inc. (NYSE: SQ), announced today the launch of an inheritance feature for customers around the ...

2 days ago - Business Wire

Market Navigator: Buy now, pay later boom

Jason Kupperberg, BofA Securities senior payments, joins 'Power Lunch' to discuss buy now, pay later stocks.

Other symbols: FISGPN
2 days ago - CNBC Television

Top Wall Street analysts are upbeat on these stocks for the long haul

TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Amazon and Uber Technologies.

Other symbols: AMZNUBER
3 days ago - CNBC

SHOP, SQ, PYPL: Digital Finance to Thrive in Trump 2.0 Administration

"We don't know the rules of the game yet" under the next Trump administration, says Jerry Sneed. He's cautious on the first half of 2025 despite showing optimism that the S&P 500 can break 6,100 by th...

Other symbols: PYPLSHOP
5 days ago - Schwab Network

Block: Anticipating Gross Profit Rebound And Margin Expansion From Strong GPV Growth In FY2025

Block (NYSE: SQ) delivered disappointing 3Q FY2024 results, missing revenue estimates and guiding for a weak margin in 4Q due to delayed cost benefits pushed into FY2025. A continued deceleration in G...

10 days ago - Seeking Alpha

Jack Dorsey dramatically scales back crypto ambitions for Block

Block CEO Jack Dorsey tweeted in 2021 that his company was starting a crypto unit called TBD and its "primary focus is #Bitcoin." Block said on Thursday that it was "winding down" TBD after a stretch ...

12 days ago - CNBC

Volatile FinTech Stocks Highlight Promise, Perils of Financial Services' Digital Makeover

On Wall Street, what goes up must go down, and vice versa. A momentous week with a seesaw of volatility in the markets could be rightly chalked up to the seismic shifts from elections Tuesday (Nov. 5)...

Other symbols: AFRMBILLMQUPST
12 days ago - PYMNTS

Block Reports Mixed Q3, Analysts Consider Preliminary 2025 Outlook As Aggressive

Shares of Block Inc SQ tumbled in early trading on Friday, after the company reported mixed third-quarter results.

12 days ago - Benzinga

Buy Now, Pay Later Firms' Earnings Are In. Now They're Looking for Holiday Growth

Buy now, pay later (BNPL) providers' shares reversed their months-long climbs Friday, sliding ahead of a close to the year seen as vital to expanding their businesses.

Other symbols: AFRM
12 days ago - Investopedia

Block: A Cheap And Solid Fintech Play

Block reported decent Q3 '24 results, driven by Cash App's strength. Block's EBITDA grew 69% year-over-year, with margins expanding to 36%, supported by Cash App's momentum and an improved cost struct...

12 days ago - Seeking Alpha

Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining

Jack Dorsey's Block is scaling back its investment in TIDAL, the music streaming platform once owned by Jay-Z, according to a shareholder letter on Thursday. Block is also shutting down TBD, a Bitcoin...

13 days ago - TechCrunch

Block, Inc. (SQ) Q3 2024 Earnings Call Transcript

Block, Inc. (NYSE:SQ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Nikhil Dixit - Head of IR Jack Dorsey - Block Head, Square Head, Chairman, & Co-Founder Amrita ...

13 days ago - Seeking Alpha

Block Earnings Show Jack Dorsey's Bitcoin and Banking Ambitions

Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines.

13 days ago - PYMNTS

Block and Affirm slide on earnings

CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to talk Affirm and Block earnings.

Other symbols: AFRM
13 days ago - CNBC Television

Block shares plunge 10% on revenue miss

Block reported weaker-than-expected revenue for the third quarter. Revenue of $5.98 billion compared with analysts estimates of $6.24 billion.

13 days ago - CNBC

Block Announces Third Quarter 2024 Results

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) has posted its results for the third quarter of 2024 on the Financials section of its Investor Relations website at inve...

13 days ago - Business Wire

Block Bulls Charge Into Q3 As Cathie Wood Sells, Dorsey Restructures

Block Inc SQ will be reporting its third-quarter earnings on Thursday. Wall Street expects 87 cents in EPS and $6.24 billion in revenues when the company reports after market hours.

13 days ago - Benzinga

What To Buy On A Trump Win

Donald Trump's 2024 win should boost stocks like GEO Group, CoreCivic, Target Hospitality, Affirm, Federal National Mortgage Association, and Bitcoin pre-market. GEO Group and CoreCivic benefit from T...

Other symbols: AFRMCOINCXWMSTRPYPLTH
14 days ago - Seeking Alpha

Block Appears To Be An Intriguing Bet Ahead Of Q3 Earnings Event

Block plans to publish its Q3 results on the 7th of November after market hours, and we touch upon some of the important sub-plots of the earnings event. Valuations look cheap, particularly in light o...

16 days ago - Seeking Alpha

Here's why Block (SQ) stock could rise 20% after earnings

Block (SQ) stock price has crawled back after bottoming at $54 in August. It has entered a local bull market, rising by 30% from its lowest point in August, and is hovering near its highest level sinc...

19 days ago - Invezz

Jack Dorsey's payments company Block expands corporate card service to the UK

Block's business-focused payments arm, Square, told CNBC it has rolled out it's Square Card product in Britain. It marks the first time Block has expanded its business card offering outside North Amer...

21 days ago - CNBC

Block to Announce Third Quarter 2024 Results

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) will release financial results for the third quarter of 2024 on Thursday, November 7, 2024, after market close. Block wi...

27 days ago - Business Wire

Block To See Improved Profitability Amid Expense Discipline In Q3: Analyst Forecasts Stable Payment Volume Growth

BofA Securities analyst Jason Kupferberg reiterated a Buy rating on Block, Inc. SQ, with a price forecast of $82.

4 weeks ago - Benzinga

3 Stocks Targeted by Short Sellers Making Strong Recoveries

Short sellers are getting a lot of airplay these days, especially the ones that can severely crumble a stock's price after releasing their reports upon announcing their short position. Many of these s...

Other symbols: RBLXSMCI
5 weeks ago - Benzinga