Block, Inc. (SQ)
| Market Cap | 54.50B |
| Revenue (ttm) | 23.86B |
| Net Income (ttm) | 1.05B |
| Shares Out | 619.83M |
| EPS (ttm) | 1.66 |
| PE Ratio | 52.89 |
| Forward PE | 20.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,610,513 |
| Open | 88.41 |
| Previous Close | 88.97 |
| Day's Range | 86.83 - 88.69 |
| 52-Week Range | 55.00 - 99.26 |
| Beta | 2.51 |
| Analysts | Buy |
| Price Target | 95.50 (+8.62%) |
| Earnings Date | Feb 20, 2025 |
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]
Financial Performance
Financial StatementsAnalyst Forecast
According to 33 analysts, the average rating for SQ stock is "Buy." The 12-month stock price forecast is $95.5, which is an increase of 8.62% from the latest price.
News
Cryptocurrency Strategic Investments Changing the Face of Wall Street
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - December 27, 2024) - Investorideas.com, a go-to investing platform covering cryptocurrency and cleantech stocks releases a snapshot l...
Square Teams With Sysco to Bolster Restaurant Technology
Square has launched a partnership with foodservice distributor Sysco to provide restaurants with better technology. The collaboration, announced Wednesday (Dec. 18), makes Square a Sysco “Restaurant S...
Block Positioned For Margin Expansion And EPS Growth: Goldman Sachs Analyst
Goldman Sachs analyst Will Nance reiterated a Buy rating on Block, Inc. SQ with a price target of $102.
Block Stock—and Three Other Fintech Picks from Oppenheimer Analysts
Shares of Block rose Thursday morning, offering a bit of relief after a recent decline that yesterday's tech selloff extended, as Oppenheimer analysts turned bullish on the stock.
Calls of the Day: Block
Josh Brown, who owns Block, explains why it's now a top pick at Barclays. The Investment Committee shares their top picks.
Block: The Bitcoin Inflection Is Looming
Block, Inc. broke out of a two-year range in December 2024, driven by its strong and underappreciated ecosystems in Square and Cash App. Square's POS systems empower SMBs with essential digital tools,...
Calls of the Day: Block, Broadcom and UPS
The CNBC 'Halftime Report' Investment Committee debates the latest Calls of the Day.
Block: I Am Upgrading My Outlook To Bullish
Block continues to increase its revenue, and gross profit, as on a YoY basis, they have increased by 8.88% and 14.47%, while the gross profit margin expanded to 36.35%. SQ is now profitable and is exp...
Block, Inc. (SQ) Presents at UBS Global Technology and AI Conference (Transcript)
Block, Inc. (NYSE:SQ) UBS Global Technology and AI Conference December 3, 2024 1:35 PM ET Company Participants Owen Jennings - Head of Business Conference Call Participants Tim Chioto - UBS Tim Chiot...
Trade Tracker: Josh Brown buys more Block
Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying more Block.
Buy Now, Pay Later Has Almost a Billion Reasons To Celebrate the Season
Cyber Monday spending via buy now, pay later hit a record in the U.S., which could further fuel investor hype for these digital payments.
Calls of the Day: Tesla and Block
The Investment Committee debate the latest Calls of the Day.
Apple Pay, Cash App, PayPal and other apps to be treated more like banks
Some digital services look like banks, act like banks, but aren't banks — meaning they can, for instance, close down your account without notice. Or be difficult to contact when you want to dispute fr...
Muddy Waters CEO Carson Block Says He's Shorting Elf Beauty
Muddy Waters' Carson Block says he's shorting Elf Beauty Inc. as he thinks the cosmetics brand has overstated revenue in recent quarters and that a build up in the beauty company's inventory was due t...
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...
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 ...
Market Navigator: Buy now, pay later boom
Jason Kupperberg, BofA Securities senior payments, joins 'Power Lunch' to discuss buy now, pay later stocks.
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.
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...
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...
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 ...
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)...
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.
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.
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...