Block, Inc. (SQ)
NYSE: SQ · Real-Time Price · USD
73.91
-0.75 (-1.00%)
At close: Oct 21, 2024, 4:00 PM
73.84
-0.07 (-0.09%)
After-hours: Oct 21, 2024, 7:56 PM EDT
Block Stock Forecast
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Block stock have an average target of 89.13, with a low estimate of 55 and a high estimate of 106. The average target predicts an increase of 20.59% from the current stock price of 73.91.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 13 | 14 | 14 | 13 |
| Buy | 16 | 16 | 16 | 13 | 13 | 13 |
| Hold | 7 | 6 | 6 | 5 | 6 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 36 | 35 | 36 | 33 | 34 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $88 | Buy | Reiterates | $88 | +19.06% | Oct 21, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $93 → $92 | Buy | Maintains | $93 → $92 | +24.48% | Oct 3, 2024 |
| Oppenheimer | Oppenheimer | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Oct 1, 2024 |
| New Street Research | New Street Research | Hold Initiates $70 | Hold | Initiates | $70 | -5.29% | Sep 9, 2024 |
| UBS | UBS | Strong Buy Maintains $100 → $92 | Strong Buy | Maintains | $100 → $92 | +24.48% | Aug 27, 2024 |
Financial Forecast
Revenue This Year
25.45B
from 21.92B
Increased by 16.14%
Revenue Next Year
28.21B
from 25.45B
Increased by 10.84%
EPS This Year
3.71
from 0.02
Increased by 23,042.56%
EPS Next Year
4.76
from 3.71
Increased by 28.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.8B | 32.5B | 35.1B | ||
| Avg | 25.5B | 28.2B | 31.2B | ||
| Low | 23.2B | 24.9B | 26.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.1% | 27.7% | 24.4% | ||
| Avg | 16.1% | 10.8% | 10.5% | ||
| Low | 6.0% | -2.2% | -5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.75 | 6.76 | 7.96 | ||
| Avg | 3.71 | 4.76 | 5.99 | ||
| Low | 2.74 | 3.14 | 3.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29,524.3% | 82.1% | 67.3% | ||
| Avg | 23,042.6% | 28.1% | 25.9% | ||
| Low | 16,997.6% | -15.6% | -21.5% |
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.