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Home โบ Stocks โบ Block, Inc. (SQ) Stock Forecast & Price Prediction United States | NYSE | Technology | Software - Infrastructure
$68.67
+0.70 (1.02%)Did SQ Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Square is one of their latest high-conviction picks.
SQ has shown a year-to-date change of 1.6% and a 1-year change of 22.7%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for SQ. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for SQ.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 16, 2025 | Wells Fargo | Andrew Bauch | Overweight | Maintains | $95.00 |
| Jan 14, 2025 | Citigroup | Andrew Schmidt | Buy | Maintains | $108.00 |
| Jan 6, 2025 | Keefe, Bruyette & Woods | Market Perform | Maintains | $N/A | |
| Jan 3, 2025 | Raymond James | Outperform | Upgrade | $N/A | |
| Dec 19, 2024 | Oppenheimer | Rayna Kumar | Outperform | Upgrade | $115.00 |
| Dec 18, 2024 | Morgan Stanley | James Faucette | Underweight | Maintains | $65.00 |
| Dec 17, 2024 | Barclays | Ramsey El-Assal | Overweight | Maintains | $112.00 |
| Dec 10, 2024 | Macquarie | Paul Golding | Outperform | Maintains | $110.00 |
| Dec 9, 2024 | Keefe, Bruyette & Woods | Vasundhara Govil | Market Perform | Maintains | $105.00 |
| Dec 2, 2024 | Bernstein | Harshita Rawat | Outperform | Maintains | $120.00 |
| Dec 2, 2024 | Goldman Sachs | Will Nance | Buy | Maintains | $102.00 |
| Nov 25, 2024 | BMO Capital | Rufus Hone | Market Perform | Downgrade | $100.00 |
| Nov 20, 2024 | Exane BNP Paribas | Alex Faure | Neutral | Downgrade | $88.00 |
| Nov 12, 2024 | Canaccord Genuity | Joseph Vafi | Buy | Maintains | $120.00 |
| Nov 11, 2024 | Piper Sandler | Arvind Ramnani | Overweight | Assumes | $83.00 |
| Nov 8, 2024 | Keefe, Bruyette & Woods | Vasundhara Govil | Market Perform | Maintains | $80.00 |
| Nov 8, 2024 | Needham | Mayank Tandon | Buy | Maintains | $90.00 |
| Oct 21, 2024 | RBC Capital | Daniel Perlin | Outperform | Reiterates | $88.00 |
| Oct 3, 2024 | BMO Capital | Rufus Hone | Outperform | Maintains | $92.00 |
| Oct 1, 2024 | Oppenheimer | Rayna Kumar | Perform | Assumes | $N/A |
The following stocks are similar to Square based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Block, Inc. has a market capitalization of $42.55B with a P/E ratio of 52.1x. The company generates $24.12B in trailing twelve-month revenue with a 36.9% profit margin.
Revenue growth is +0.9% quarter-over-quarter, while maintaining an operating margin of +7.0% and return on equity of +13.6%.
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Innovative payment solutions for electronic transactions.
Block, Inc. generates revenue by providing a range of payment solutions, including its point-of-sale systems for small and medium-sized businesses and the Cash App for peer-to-peer transactions. The company earns fees from transaction processing, subscription services, and other fintech offerings, effectively capitalizing on the growing demand for digital payment solutions.
Block, Inc. is headquartered in San Francisco and has expanded its portfolio through acquisitions, such as Afterpay, and ventures into cryptocurrency. The company's commitment to innovation positions it as a key player in the financial technology sector, catering to a diverse clientele while promoting financial inclusion.
Technology
Software - Infrastructure
12,000
United States
2015
The company is leveraging AI to enhance operational productivity, with projected earnings growth in the coming years due to improved efficiency.
Increased operational productivity and projected earnings growth driven by AI enhance the company's profitability outlook, making it an attractive investment opportunity.
Block has rehired at least four laid-off employees, with one engineer stating his layoff was a "clerical error" according to LinkedIn posts.
Rehiring laid-off employees may indicate improved financial stability for Block, potentially boosting investor confidence and affecting stock performance.
Block's stock rose 20% following CEO Jack Dorsey's announcement of significant layoffs and a shift towards AI tools.
Block's stock surge reflects investor optimism about cost-cutting and innovation potential, driven by Dorsey's AI strategy and layoffs, indicating a shift towards efficiency and growth.
A study by MIT indicates that AI could replace 11.7% of U.S. jobs, equating to approximately $1.2 trillion in wages, particularly in finance, health care, and professional services.
The potential replacement of 11.7% of U.S. jobs by AI could significantly impact labor costs and productivity, influencing company valuations and investment strategies in affected sectors.
Block's stock rose 19% following strong Q4 results and raised guidance, despite 4,000 job cuts (40% of workforce) attributed to AI tools for a leaner structure.
Block's stock surge reflects strong performance and optimistic outlook despite layoffs, indicating confidence in cost-cutting and AI integration, which could influence future profitability.
Analysts predict a minimum 46% increase for certain stocks over the next year, indicating potential strong growth opportunities for investors.
Projected 46% stock growth signals strong potential returns, attracting investor interest and possibly driving stock prices higher in anticipation of increased demand.
Analyst forecasts for Block, Inc. (SQ) are not currently available. The stock is trading at $68.67.
According to current analyst ratings, SQ has 36 Buy ratings, 8 Hold ratings, and 3 Sell ratings. The stock is currently trading at $68.67. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for SQ are not currently available. The stock is trading at $68.67.
Block, Inc. generates revenue by providing a range of payment solutions, including its point-of-sale systems for small and medium-sized businesses and the Cash App for peer-to-peer transactions. The company earns fees from transaction processing, subscription services, and other fintech offerings, effectively capitalizing on the growing demand for digital payment solutions.
Price targets from Wall Street analysts for SQ are not currently available. The stock is trading at $68.67.
Price targets from Wall Street analysts for SQ are not currently available. The stock is trading at $68.67.
The overall analyst consensus for SQ is bullish. Out of 66 Wall Street analysts, 36 rate it as Buy, 8 as Hold, and 3 as Sell.
Stock price projections, including those for Block, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.