Block, Inc. (SQ)
NYSE: SQ · IEX Real-Time Price · USD
64.58
+0.74 (1.16%)
At close: Jul 2, 2024, 4:01 PM
64.49
-0.09 (-0.14%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Block Stock Forecast
Stock Price Forecast
The 34 analysts with 12-month price forecasts for Block stock have an average target of 87.44, with a low estimate of 46 and a high estimate of 106. The average target predicts an increase of 35.40% from the current stock price of 64.58.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Block stock from 35 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 10 | 11 | 11 | 11 | 12 | 12 |
Buy | 17 | 19 | 19 | 20 | 16 | 16 |
Hold | 10 | 8 | 8 | 6 | 7 | 6 |
Sell | 0 | 0 | 0 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 37 | 38 | 38 | 38 | 36 | 35 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Susquehanna | Susquehanna | Buy Maintains $100 | Buy | Maintains | $100 | +54.85% | Jun 26, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Initiates $80 | Strong Buy | Initiates | $80 | +23.88% | Jun 24, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $86 → $90 | Strong Buy | Maintains | $86 → $90 | +39.36% | May 6, 2024 |
Wedbush | Wedbush | Buy Reiterates $90 | Buy | Reiterates | $90 | +39.36% | May 3, 2024 |
Benchmark | Benchmark | Strong Buy Reiterates $99 | Strong Buy | Reiterates | $99 | +53.30% | May 3, 2024 |
Financial Forecast
Revenue This Year
25.90B
from 21.92B
Increased by 18.16%
Revenue Next Year
28.90B
from 25.90B
Increased by 11.58%
EPS This Year
3.58
from 0.02
Increased by 17,796.71%
EPS Next Year
4.59
from 3.58
Increased by 28.30%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 28.8B | 32.3B | 36.2B | 36.7B | 41.2B |
Avg | 25.9B | 28.9B | 31.6B | 35.9B | 40.4B |
Low | 23.5B | 25.1B | 26.9B | 34.0B | 38.4B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 31.2% | 24.9% | 25.3% | 16.1% | 14.7% |
Avg | 18.2% | 11.6% | 9.4% | 13.5% | 12.5% |
Low | 7.2% | -3.0% | -7.0% | 7.7% | 7.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 5.53 | 7.05 | 9.16 | 7.20 | 7.40 |
Avg | 3.58 | 4.59 | 5.90 | 6.62 | 7.26 |
Low | 2.22 | 2.37 | 3.19 | 5.98 | 6.91 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 27,546.5% | 96.9% | 99.5% | 22.1% | 11.8% |
Avg | 17,796.7% | 28.3% | 28.5% | 12.3% | 9.6% |
Low | 11,023.0% | -33.7% | -30.6% | 1.3% | 4.3% |
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.