Block, Inc. (SQ)
NYSE: SQ · IEX Real-Time Price · USD
67.98
-3.87 (-5.39%)
Jul 18, 2024, 3:59 PM EDT - Market closed

Block Stock Forecast

Stock Price Forecast

The 35 analysts with 12-month price forecasts for Block stock have an average target of 87.63, with a low estimate of 46 and a high estimate of 106. The average target predicts an increase of 28.91% from the current stock price of 67.98.

Analyst Consensus: Buy
Target Low Average Median High
Price $46 $87.63 $92 $106
Change -32.33% +28.91% +35.33% +55.93%

Analyst Ratings

The average analyst rating for Block stock from 36 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111111121213
Buy 191920161616
Hold 886766
Sell 001111
Strong Sell 000000
Total 383838363536

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Deutsche Bank
Deutsche Bank
Strong Buy
Maintains
$90$98
Strong Buy Maintains $90$98 +44.16% Jul 12, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$82$74
Hold Maintains $82$74 +8.86% Jul 8, 2024
Susquehanna
Susquehanna
Buy
Maintains
$100
Buy Maintains $100 +47.10% Jun 26, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Initiates
$80
Strong Buy Initiates $80 +17.68% Jun 24, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$86$90
Strong Buy Maintains $86$90 +32.39% May 6, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
4.71B9.50B17.66B17.53B21.92B25.90B28.90B31.62B35.90B40.40B
Revenue Growth
42.91%101.50%85.95%-0.73%25.01%18.16%11.58%9.44%13.52%12.54%
EPS
0.810.440.33-0.930.023.584.595.906.627.26
EPS Growth
--45.68%-25.00%--17,796.71%28.30%28.47%12.26%9.64%
Forward PE
-----18.9914.8011.5210.269.36
No. Analysts -----47472664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.