Block, Inc. (SQ)
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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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
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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...
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...
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 ...
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.
Block and Affirm slide on earnings
CNBC's MacKenzie Sigalos joins 'Closing Bell Overtime' to talk Affirm and Block earnings.
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.
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...
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.
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...
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...
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...
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...
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.
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...