Block, Inc. (SQ)

NYSE: SQ · IEX Real-Time Price · USD
78.92
+10.96 (16.13%)
At close: Feb 23, 2024, 4:00 PM
78.38
-0.54 (-0.68%)
After-hours: Feb 23, 2024, 7:59 PM EST
16.13%
Market Cap 48.42B
Revenue (ttm) 21.92B
Net Income (ttm) 9.77M
Shares Out 613.60M
EPS (ttm) 0.02
PE Ratio 3,946.00
Forward PE 29.77
Dividend n/a
Ex-Dividend Date n/a
Volume 53,170,970
Open 79.81
Previous Close 67.96
Day's Range 78.47 - 83.29
52-Week Range 38.85 - 83.29
Beta 2.53
Analysts Buy
Price Target 81.84 (+3.7%)
Earnings Date Feb 22, 2024

About SQ

Block, Inc. operates as a technology company with a focus on financial services. It builds tools to help people in accessing the economy. Its products include Square that makes commerce and financial services easy and accessible for sellers with its integrated ecosystem of technology solutions; Cash App to send, spend, or invest money in stocks or bitcoin; Afterpay for connecting consumers and businesses; TIDAL; and TBD that is building an open source platform and developer infrastructure which enables everyone to access and participate in the ... [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 39 analysts, the average rating for SQ stock is "Buy." The 12-month stock price forecast is $81.84, which is an increase of 3.70% from the latest price.

Price Target
$81.84
(3.70% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Block (SQ) Stock Up On Outlook

Block's (SQ) 4Q adjusted EPS came in at $0.45 versus an estimated $0.58 and revenue came in at $5.77B versus an estimated $5.69B. George Tsilis discusses these earnings and demonstrates an example tra...

2 days ago - Schwab Network

Block's stock shows new shine as it heads for best day in two years

Judging by the sharp rally in Block Inc. shares, you could say it was a blockbuster quarter for the Square and Cash App parent company.

2 days ago - Market Watch

Block CFO Amrita Ahuja on Q4 earnings: Our focus now is on growth and product velocity

Amrita Ahuja, Block CFO, joins 'Money Movers' to discuss the drivers behind Block's positive guidance, if the guidance is due to better monetization or efficiency steps, and much more.

2 days ago - CNBC Television

Carvana (CVNA) & Block (SQ) Rally After Earnings

Carvana (CVNA) soars on earnings and a positive outlook. Jenny Horne discusses this, and how volatile the Carvana stock is.

Other symbols: CVNA
2 days ago - Schwab Network

Block has 'gotten their act together', says Wells Fargo's Andrew Bauch

Andrew Bauch, Wells Fargo, joins 'Squawk on the Street' to discuss what in Block's earnings results led the firm to upgrade the stock and raise their price target, the portfolio of Block's businesses,...

2 days ago - CNBC Television

Block Stock Soars After Earnings, and Other Technology News Today

A positive surprise from a technology company not driven by artificial intelligence? It's a rare occurrence this earnings season but payments company Block delivered a reminder that it's not always ab...

2 days ago - Barrons

What's going on with Block's share price after Q4 profits beat expectations?

Block's stock surged by as much as 14% in extended trading on Thursday following the release of its fourth-quarter earnings report. The results surpassed analyst expectations, particularly in gross pr...

2 days ago - Invezz

Block Stock Surges on Surprise Quarterly Profit and Guidance Beat—Key Level to Watch

Shares in Block (SQ) surged over 13% in after-hours trading following the payments fintech issuing a surprise quarterly profit and better-than-expected current-quarter and full-year outlook on expecta...

3 days ago - Investopedia

Block delivers a surprise profit, and its stock is surging

Block Inc. has been focused on getting leaner, and that paid off for the Square parent company in the latest quarter as it posted a surprise profit.

3 days ago - Market Watch

Block shares surge 12% after announcing surprise profit

There was particularly strong growth in Block's payment platform, Cash App, and its point-of-sale suite, Square.

3 days ago - CNBC

Block shares pop on Q4 earnings beat

Dan Dolev, Mizuho, joins 'Closing Bell Overtime' to talk Block quarterly results.

3 days ago - CNBC Television

Block Announces Fourth Quarter and Full Year 2023 Results

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2023 on the Financials section of its Investor Relations ...

3 days ago - Business Wire

Trading Strategies for Block (SQ) Stock Before And After Q4 Earnings - Block (NYSE:SQ)

Block, Inc SQ was spiking up over 5% Thursday as the company heads into its fourth-quarter earnings print after the close.

3 days ago - Benzinga

Earnings Exchange: WBD, LYV & SQ

Quint Tatro, Joule Financial founder, joins ‘The Exchange' to discuss Warner Bros Discovery, Live Nation, Block and Dow Industrials.

Other symbols: LYVWBD
3 days ago - CNBC Television

Fintech currently 'a stock picker's sector,' analyst says

Despite consumer credit concerns, Benchmark Managing Director Mark Palmer initiated coverage on five fintech stocks — one of which is Block (SQ) — with Buy ratings. Palmer joins Yahoo Finance Live to ...

Other symbols: CMPOFOURPAYORPAY
11 days ago - Yahoo Finance

Okta, Block, PayPal Cut Hundreds Of Jobs—Here Are 2024's Tech Layoffs

Identity security company Okta told its staff on Thursday it will cut as many as 400 employees, the latest in a string of job cuts this year that have rocked the tech industry, including at Microsoft,...

Other symbols: OKTAPYPL
24 days ago - Forbes

Cuts at Jack Dorsey's fin-tech company Block impact 43 workers in Washington state

Block, the financial services and mobile payments company founded by former Twitter co-founder Jack Dorsey, has laid off 43 workers in Washington, according to a notice from the state's Employment Sec...

25 days ago - GeekWire

US financial giants shedding jobs in 2024

A handful of U.S. financial industry heavyweights are cutting jobs to sharpen focus on their core businesses and put themselves on an even keel, after pursuing aggressive growth during the low interes...

Other symbols: BKTCNDAQPYPL
25 days ago - Reuters

Report: Block Aims to Reduce Workforce to 12,000 This Year

Block is reportedly cutting jobs as part of its previously announced effort to limit the size of its workforce to 12,000 employees. The company announced that goal in November during an earnings call,...

26 days ago - PYMNTS

Block becomes the latest fintech to lay off workers

Block, the fintech company whose subsidiaries include Square, Cash App and Afterpay, is laying off staff at a tumultuous time for tech industry workers.

26 days ago - TechCrunch

Fintech companies are starting layoffs

CNBC's Kate Rooney joins 'Power Lunch' to discuss the latest round of layoffs in FinTech.

Other symbols: PYPL
26 days ago - CNBC Television

Jack Dorsey's Block starts cutting jobs under previously disclosed plan - source

Payments firm Block has begun to cut jobs this week as part of its previously disclosed plans to trim headcount and reduce costs, a person familiar with the matter told Reuters on Tuesday.

26 days ago - Reuters

Bullish On Block (SQ): Attractive Position With Cash App & Square

BITG upgraded Block (SQ) to buy from neutral with an $85 price target. The analyst notes that their core thesis is focused on Block's attractive position with Cash App and Square ecosystems.

26 days ago - Schwab Network

Cramer's Mad Dash: Block Inc.

CNBC's Jim Cramer delivers his daily Mad Dash.

26 days ago - CNBC Television

This Block catalyst could send the stock soaring 20%, says analyst

Block Inc. is a hodgepodge of businesses, but better synergies between them could send the stock soaring.

26 days ago - Market Watch