Block, Inc. (SQ)

NYSE: SQ · IEX Real-Time Price · USD
55.08
+0.94 (1.74%)
At close: Sep 27, 2022 4:03 PM
55.20
+0.12 (0.22%)
After-hours: Sep 27, 2022 5:37 PM EDT
1.74%
Market Cap 32.51B
Revenue (ttm) 16.29B
Net Income (ttm) -488.96M
Shares Out 590.19M
EPS (ttm) -0.17
PE Ratio n/a
Forward PE 36.10
Dividend n/a
Ex-Dividend Date n/a
Volume 10,360,694
Open 55.55
Previous Close 54.14
Day's Range 53.90 - 56.85
52-Week Range 53.90 - 270.16
Beta 2.45
Analysts Buy
Price Target 113.17 (+105.5%)
Earnings Date Nov 2, 2022

About SQ

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...]

Industry IT Services
IPO Date Nov 19, 2015
CEO Jack Dorsey
Employees 8,521
Stock Exchange NYSE
Ticker Symbol SQ
Full Company Profile

Financial Performance

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

Analyst Forecast

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.

Price Target
$113.17
(105.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Coinbase, Block, Marathon Digital, and Other Crypto Stocks Rise

Crypto-exposed stocks gained some ground as Bitcoin rose above the key $20,000 level Tuesday.

Other symbols: COINMARAMSTRRIOT
9 hours ago - Barrons

Block Stock Could Be Hit by a Consumer Spending Slowdown. Here's How.

An analysis of consumer spending on alcohol by Mizuho points to weakness in lower-income consumers. That could be trouble for Block.

9 hours ago - Barrons

Blue Chip Stocks to Buy for Long-Term Gains as Market Hits Fresh Lows

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.

Other symbols: INTUMA
22 hours ago - Zacks Investment Research

Block (SQ) Launches Afterpay in Canada, Boosts BNPL Efforts

Block (SQ) unveils Afterpay integration in Canada. This is likely to drive its seller momentum in the country.

1 day ago - Zacks Investment Research

A Bull Market Is Coming: 2 High-Conviction Growth Stocks to Buy Now and Hold

Wall Street says now is the time to buy these growth stocks.

Other symbols: MELI
3 days ago - The Motley Fool

3 Red Flags for Block's Future

The fintech giant still faces a trio of near-term challenges.

3 days ago - The Motley Fool

7 Tech Stocks to Buy During a Stock Market Crash

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...

Other symbols: AMDCRWDMETAMORNTSLATTD
4 days ago - InvestorPlace

Here's Why the Recent Block Stock Downgrade Makes No Sense

A longtime bull turning bearish at a 52-week low seems strange.

4 days ago - The Motley Fool

Block Options Point To Further Downside Ahead - Block (NYSE:SQ)

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.

4 days ago - Benzinga

3 Smart Tech Stocks to Buy in 2022 and Beyond

There are deals to be had in tech for those with a long-term mindset.

Other symbols: DOCSGOOGGOOGL
4 days ago - The Motley Fool

Why Block Stock Was Cratering This Week

A one-two punch from analysts weakens already-worsening sentiment on the company.

4 days ago - The Motley Fool

Mizuho downgrades Block to neutral

Mizuho's Dan Dolev joins 'Closing Bell' to discuss why he downgraded Block (formerly Square) to neutral.

5 days ago - CNBC Television

Block shares are unlikely to recover anytime soon: Dan Dolev

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.

5 days ago - Invezz

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.

5 days ago - Yahoo Finance

Ark Invest Stocks To Watch: 5 Stocks That Cathie Wood's ARK ETFs Own; Tesla Slides To Key Level

Cathie Wood's Ark Invest ETFs were some of the hottest ETFs after 2020's huge gains. Five ARK Invest stocks to watch include Tesla.

5 days ago - Investors Business Daily

Square Lets Sellers in Canada Offer BNPL Through Afterpay

Square has launched its first integration with Afterpay in Canada, offering buy now, pay later (BNPL) functionality to sellers using Square's eCommerce products.

5 days ago - PYMNTS

Is SQ Stock A Buy Or Sell? Bulls Eye Margin Growth, Bears See Afterpay Risk

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?

5 days ago - Investors Business Daily

Why Shares of Block Are Falling Today

An analyst downgraded the stock.

5 days ago - The Motley Fool

Block has ‘enormous potential' but is bogged down by focus on bitcoin, analyst says in downgrade

Is Block Inc. suffering from creative block?

5 days ago - Market Watch

Square Sellers in Canada Can Now Offer Buy Now, Pay Later Through Afterpay

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...

5 days ago - Business Wire

Block Gets Downgraded Again. Its Bitcoin Bet Is Diverting Attention, Analyst Says.

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.

5 days ago - Barrons

Adyen brings in Block's Cash App Pay to drive merchant loyalty

Adyen will let its US merchants offer the payment method, which can help Block drive adoption as P2P growth slows.

Other symbols: ADYEY
1 week ago - Business Insider

3 Top Growth Stocks for the New Upcoming Bull Market

These payments businesses could benefit as investor sentiment turns positive.

Other symbols: AFRMMA
1 week ago - The Motley Fool

'The selling pressure is feeding on itself:' ARK, meme stocks tumble as Fed hike looms

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.

Other symbols: AMCARKKNTLA
1 week ago - Reuters

Investors Heavily Search Block, Inc. (SQ): Here is What You Need to Know

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.

1 week ago - Zacks Investment Research