Block, Inc. (SQ)
| Market Cap | 45.58B |
| Revenue (ttm) | 21.92B |
| Net Income (ttm) | 9.77M |
| Shares Out | 615.69M |
| EPS (ttm) | 0.02 |
| PE Ratio | 3,701.50 |
| Forward PE | 22.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,485,652 |
| Open | 75.57 |
| Previous Close | 75.21 |
| Day's Range | 73.52 - 76.15 |
| 52-Week Range | 38.85 - 87.52 |
| Beta | 2.57 |
| Analysts | Buy |
| Price Target | 86.22 (+16.47%) |
| Earnings Date | May 2, 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 38 analysts, the average rating for SQ stock is "Buy." The 12-month stock price forecast is $86.22, which is an increase of 16.47% from the latest price.
News
Square and Cash App Collaborate on Bitcoin Conversions for Sellers
Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with Cash App. The roll...
Block lets Square merchants convert a part of their daily sales to bitcoin
Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily sales to bitcoin. The fe...
Square Expands Offline Payments to Entire Hardware Lineup
Square has expanded the availability of offline payments to every hardware device, in every country.
Jack Dorsey's payments company, Block, is building its own bitcoin mining system
The company, formerly known as Square, now building a full bitcoin mining system.
Momentum Building Behind Block (SQ) After Guidance
Renita Young details the latest analyst activity in Block (SQ). Mizuho's “Blue-Sky Scenario” for the fintech company has some lofty profit expectations.
Block isn't doing enough to win over Gen Z, this new bear warns
Block Inc. has won over more investors lately as the company puts a greater focus on profitability and discipline, but a Morgan Stanley analyst isn't sold on the stock's prospects.
Block to Announce First Quarter 2024 Results
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) will release financial results for the first quarter of 2024 on Thursday, May 2, 2024, after market close. Block will al...
Hertz Downgraded, Block Downgraded, Paramount Upgraded on Potential Merger | Top Calls
Top calls today are Hertz Downgraded, Block Downgraded on Limited Upside, Paramount Upgraded on Potential Merger.
Big Tech payment apps are the ‘holy grail' of surge pricing, says CFPB's Chopra
The practice of “surge” or “dynamic” pricing is common in markets ranging from airlines to supermarkets — and U.S. regulators are concerned that the growing role of tech giants will further power this...
SQ's Limited Opportunity & COIN as a Key Crypto Beneficiary
Morgan Stanley sees limited opportunity for Block (SQ) to expand banking and credit services for Cash App. Oppenheimer highlights that continued adoption of digital assets and Blockchain tech can help...
1 in 4 Cash App users are daily users, says Block CFO Amrita Ahuja
Block CFO and COO Amrita Ahuja joins 'Mad Money' host Jim Cramer to talk Cash App, fractional shares, its plan to boost growth and more.
Block (SQ) stock price forecast: inverse H&S pattern forms
Block (NASDAQ: SQ) stock price has erased all the losses it made after the Hindenburg Research short report in 2023. It jumped to a high of $87.52 on Wednesday, 125% above its lowest level in 2023.
Bitkey Starts Shipping First Units of Its Hardware Device, Adds Security and Recovery Features
DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Bitkey, the self-custody bitcoin wallet built by the Proto team at Block, Inc. (NYSE: SQ), has started shipping its first hardware devices to c...
Lawsuit Update Notice: Investors who lost money with Block, Inc. (NYSE: SQ) shares should contact the Shareholders Foundation
SAN DIEGO , March 4, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced that a lawsuit is pending for certain investors in Block, Inc. (NYSE: SQ) shares. Investors, who purchased shares ...
Bullish on ARM, Bearish on TSLA, Neutral on SQ
Arm Holdings (ARM), Tesla (TSLA), and Block (SQ) are today's big three stocks. Mike Shorr and Kevin Green discuss how to trade and the technical trends of these names.
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...
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.
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.
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.
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,...
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...
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...
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...
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.
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.