Block, Inc. (SQ)
|Net Income (ttm)||-488.96M|
|Day's Range||53.90 - 56.85|
|52-Week Range||53.90 - 270.16|
|Price Target||113.17 (+105.5%)|
|Earnings Date||Nov 2, 2022|
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Register that combines its ha... [Read more...]
In 2021, Block's revenue was $17.66 billion, an increase of 85.95% compared to the previous year's $9.50 billion. Earnings were $166.28 million, a decrease of -21.97%.Financial Statements
According to 55 analysts, the average rating for SQ stock is "Buy." The 12-month stock price forecast is 113.17, which is an increase of 105.46% from the latest price.
Crypto-exposed stocks gained some ground as Bitcoin rose above the key $20,000 level Tuesday.
An analysis of consumer spending on alcohol by Mizuho points to weakness in lower-income consumers. That could be trouble for Block.
Here are two blue-chip stocks that investors might want to consider adding to their long-term portfolios as the market hits new 52-week lows.
Block (SQ) unveils Afterpay integration in Canada. This is likely to drive its seller momentum in the country.
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The fintech giant still faces a trio of near-term challenges.
With the Federal Reserve committed to doing whatever it takes to tackle soaring inflation, investors will likely see their favorite tech stocks to buy stumble. Still, this may not be the appropriate tim...
A longtime bull turning bearish at a 52-week low seems strange.
On CNBC's "Options Action," Michael Khouw of Optimize Advisors said that Block Inc. (NYSE: SQ) traded at 1.8 times the average daily put volume on Thursday.
A one-two punch from analysts weakens already-worsening sentiment on the company.
Mizuho downgrades Block to neutral
Mizuho's Dan Dolev joins 'Closing Bell' to discuss why he downgraded Block (formerly Square) to neutral.
Block Inc (NYSE: SQ) has lost over 65% this year and a significant recovery, at least in the near term, is not on the cards, says Dan Dolev – a Senior Analyst at Mizuho.
Block's bitcoin fixation hurting the business, Mizuho says
Yahoo Finance Live's Brad Smith and Julie Hyman discuss the stock performance for Block after Mizuho downgrades its shares from Buy to Neutral.
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Square has launched its first integration with Afterpay in Canada, offering buy now, pay later (BNPL) functionality to sellers using Square's eCommerce products.
Square stock bulls focus on its Cash App and Afterpay synergies but bears worry over Bitcoin and a possible recession. The post Is SQ Stock A Buy Or Sell?
An analyst downgraded the stock.
Is Block Inc. suffering from creative block?
TORONTO--(BUSINESS WIRE)--Today, Square launches its first integration with Afterpay in Canada, providing “Buy Now, Pay Later” (BNPL) functionality to sellers using Square's e-commerce products across t...
Mizuho Securities slashed its price target by more than half on Thursday and said the stock no longer merits a premium to the U.S. payments sector.
Adyen will let its US merchants offer the payment method, which can help Block drive adoption as P2P growth slows.
These payments businesses could benefit as investor sentiment turns positive.
Sizzling inflation that helped send 2-year U.S. Treasury yields to fresh 14-year highs continued to burn some of the winners of the so-called pandemic bubble Friday.
Block (SQ) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.