Block, Inc. (SQ)
NYSE: SQ · Real-Time Price · USD
89.65
+2.01 (2.29%)
At close: Dec 20, 2024, 4:00 PM
90.30
+0.65 (0.73%)
After-hours: Dec 20, 2024, 7:59 PM EST
Block Stock Forecast
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Block stock have an average target of 95.5, with a low estimate of 65 and a high estimate of 120. The average target predicts an increase of 6.53% from the current stock price of 89.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Block stock from 33 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 14 | 14 | 13 | 12 | 12 |
| Buy | 16 | 13 | 13 | 13 | 12 | 14 |
| Hold | 6 | 5 | 6 | 5 | 7 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 36 | 33 | 34 | 32 | 32 | 33 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $115 | Hold → Buy | Upgrades | $115 | +28.28% | Dec 19, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $60 → $65 | Sell | Maintains | $60 → $65 | -27.50% | Dec 18, 2024 |
| Barclays | Barclays | Buy Maintains $100 → $112 | Buy | Maintains | $100 → $112 | +24.93% | Dec 17, 2024 |
| Macquarie | Macquarie | Buy Maintains $100 → $110 | Buy | Maintains | $100 → $110 | +22.70% | Dec 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $80 → $105 | Hold | Maintains | $80 → $105 | +17.12% | Dec 9, 2024 |
Financial Forecast
Revenue This Year
25.08B
from 21.92B
Increased by 14.43%
Revenue Next Year
27.90B
from 25.08B
Increased by 11.26%
EPS This Year
3.63
from 0.02
Increased by 22,526.31%
EPS Next Year
4.69
from 3.63
Increased by 29.13%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 26.2B | 30.9B | 35.5B | |||
| Avg | 25.1B | 27.9B | 31.1B | |||
| Low | 23.4B | 23.9B | 25.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 19.5% | 23.3% | 27.4% | |||
| Avg | 14.4% | 11.3% | 11.5% | |||
| Low | 6.7% | -4.6% | -7.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.94 | 6.14 | 7.89 | |||
| Avg | 3.63 | 4.69 | 5.72 | |||
| Low | 3.13 | 3.21 | 3.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 24,434.2% | 69.1% | 68.4% | |||
| Avg | 22,526.3% | 29.1% | 22.0% | |||
| Low | 19,379.1% | -11.5% | -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.