Block, Inc. (SQ)
NYSE: SQ · IEX Real-Time Price · USD
84.58
+1.40 (1.68%)
At close: Mar 28, 2024, 4:00 PM
84.69
+0.11 (0.13%)
After-hours: Mar 28, 2024, 7:59 PM EDT

Block Stock Forecast

Stock Price Forecast

The 37 analysts with 12-month price forecasts for Block stock have an average target of 84.22, with a low estimate of 46 and a high estimate of 100. The average target predicts a decrease of -0.43% from the current stock price of 84.58.

Analyst Consensus: Buy
Target Low Average Median High
Price $46 $84.22 $86 $100
Change -45.61% -0.43% +1.68% +18.23%

Analyst Ratings

The average analyst rating for Block stock from 38 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 999101111
Buy 151616171919
Hold 1111111088
Sell 100000
Strong Sell 000000
Total 363636373838

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Strong Buy
Maintains
$99
Strong Buy Maintains $99 +17.05% Mar 27, 2024
Keybanc
Keybanc
Buy
Maintains
$80$95
Buy Maintains $80$95 +12.32% Mar 27, 2024
Evercore ISI Group
Evercore ISI Group
Hold
Maintains
$75
Hold Maintains $75 -11.33% Mar 26, 2024
Jefferies
Jefferies
Strong Buy
Maintains
$90$100
Strong Buy Maintains $90$100 +18.23% Mar 11, 2024
Citigroup
Citigroup
Strong Buy
Maintains
$76$86
Strong Buy Maintains $76$86 +1.68% Feb 26, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
25.80B
from 21.92B
Increased by 17.73%
Revenue Next Year
28.79B
from 25.80B
Increased by 11.58%
EPS This Year
3.41
from 0.02
Increased by 16,961.95%
EPS Next Year
4.43
from 3.41
Increased by 29.81%
Year 2019202020212022202320242025202620272028
Revenue
4.71B9.50B17.66B17.53B21.92B25.80B28.79B31.11B34.91B42.80B
Revenue Growth
42.91%101.50%85.95%-0.73%25.01%17.73%11.58%8.08%12.21%22.60%
EPS
0.810.440.33-0.930.023.414.435.645.267.40
EPS Growth
--45.68%-25.00%--16,961.95%29.81%27.35%-6.70%40.51%
No. Analysts -----50492164
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 29.3B 33.8B 34.6B 38.6B 43.6B
Avg 25.8B 28.8B 31.1B 34.9B 42.8B
Low 22.9B 24.7B 26.4B 30.8B 40.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
33.7%
31.0%
20.2%
24.2%
25.0%
Avg
17.7%
11.6%
8.1%
12.2%
22.6%
Low
4.5%
-4.4%
-8.1%
-1.1%
16.6%

EPS Forecast

EPS 20242025202620272028
High 4.98 6.73 6.95 6.09 7.54
Avg 3.41 4.43 5.64 5.26 7.40
Low 1.77 2.16 3.77 3.92 7.04

EPS Growth

EPS Growth 20242025202620272028
High
24,779.8%
97.2%
56.9%
8.0%
43.2%
Avg
16,962.0%
29.8%
27.4%
-6.7%
40.5%
Low
8,769.0%
-36.8%
-15.0%
-30.5%
33.7%
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.