Block, Inc. (SQ)
NYSE: SQ · Real-Time Price · USD
89.70
-2.72 (-2.94%)
At close: Nov 20, 2024, 4:03 PM
89.89
+0.19 (0.21%)
Pre-market: Nov 21, 2024, 5:26 AM EST
Block Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Block stock have an average target of 91.13, with a low estimate of 55 and a high estimate of 120. The average target predicts an increase of 1.59% from the current stock price of 89.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Block stock from 32 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 13 | 14 | 14 | 13 | 12 |
| Buy | 16 | 16 | 13 | 13 | 13 | 13 |
| Hold | 6 | 6 | 5 | 6 | 5 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 35 | 36 | 33 | 34 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Exane BNP Paribas | Exane BNP Paribas | Buy → Hold Downgrades $88 | Buy → Hold | Downgrades | $88 | -1.90% | Nov 20, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $95 → $120 | Strong Buy | Maintains | $95 → $120 | +33.78% | Nov 12, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $83 | Buy | Initiates | $83 | -7.47% | Nov 11, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $71 → $80 | Hold | Maintains | $71 → $80 | -10.81% | Nov 8, 2024 |
| Needham | Needham | Strong Buy Maintains $80 → $90 | Strong Buy | Maintains | $80 → $90 | +0.33% | Nov 8, 2024 |
Financial Forecast
Revenue This Year
25.40B
from 21.92B
Increased by 15.88%
Revenue Next Year
28.17B
from 25.40B
Increased by 10.94%
EPS This Year
3.69
from 0.02
Increased by 22,903.87%
EPS Next Year
4.69
from 3.69
Increased by 27.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.7B | 30.9B | 34.4B | ||
| Avg | 25.4B | 28.2B | 31.1B | ||
| Low | 23.2B | 24.9B | 26.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.7% | 21.8% | 22.0% | ||
| Avg | 15.9% | 10.9% | 10.6% | ||
| Low | 6.0% | -2.0% | -5.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.79 | 6.86 | 8.07 | ||
| Avg | 3.69 | 4.69 | 5.81 | ||
| Low | 2.74 | 3.14 | 3.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29,733.6% | 85.7% | 72.1% | ||
| Avg | 22,903.9% | 27.1% | 23.8% | ||
| Low | 16,997.6% | -15.1% | -20.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.